Seacoast Banking Of Florida (SBCF) AI Stock Analysis

• Market Cap: $2.72B
• Dividend Yield: 2.33%
• Average Volume (3M): 626.98K
• Price to Earnings (P/E): 18.9
• Beta (1Y): 1.09
• Revenue Growth: 5.70%
• EPS Growth: 18.72%
• Country: US
• Employees: 1,518
• Sector: Financial
• Sector Strength: 74
• Industry: Banks - Regional
• EPS (TTM): 0.52
• Shares Outstanding: 87,854,710
• 10 Day Avg. Volume: 505,590
• 30 Day Avg. Volume: 626,979
• PEG Ratio: 1.25
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 2.87
• P/FCF Ratio: 13.21
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 3.82
• Enterprise Value/Gross Profit: 6.00
• Enterprise Value/Ebitda: 16.02
• 1Y Price Target: $30.50
• Price Target Upside: -1.23% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 75 Outperform
• Price Target: $35.00 ▲(13.34% Upside)

Seacoast Banking Of Florida's overall stock score reflects strong financial performance and positive technical indicators. The earnings call provided robust guidance, highlighting significant achievements and strategic progress. While valuation metrics are moderate, the company's strategic acquisitions and strong market position support a positive outlook.

Positive Factors

Successful Acquisitions

The successful acquisitions of Heartland Bancshares and Villages Bank Corporation enhance Seacoast's market presence and profitability, expanding its customer base and service offerings, which is crucial for long-term growth.

Strong Financial Performance

A significant increase in net income and robust loan growth demonstrate Seacoast's effective financial management and operational efficiency, supporting its long-term financial stability and growth prospects.

Improved Credit Quality

Improved credit quality, indicated by a decline in nonperforming loans, strengthens Seacoast's financial position and reduces risk, enhancing its ability to sustain growth and profitability over time.

Negative Factors

Competitive Pressure in Loan Pricing

Competitive pressure in loan pricing can compress margins and impact profitability, posing a challenge to maintaining Seacoast's financial performance and market share in the long term.

Decline in Profitability Metrics

A decline in profitability metrics such as ROE suggests challenges in maintaining efficiency and returns, which could impact Seacoast's ability to generate shareholder value over time.

Seasonal Deposit Decline

Seasonal declines in deposits can affect liquidity and funding costs, potentially impacting Seacoast's ability to support loan growth and operational needs in the long term.

Seacoast Banking Of Florida Business Overview & Revenue Model

Company Description

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.

How the Company Makes Money

Seacoast Banking generates revenue primarily through interest income from loans and investment securities, as well as non-interest income from fees associated with deposit accounts, loan origination, and wealth management services. The bank earns interest by lending money to consumers and businesses at higher rates than it pays on deposits. Additionally, non-interest income plays a significant role, comprising fees for services like ATM transactions, wire transfers, and financial advisory services. Partnerships with local businesses and community organizations enhance customer acquisition and retention, contributing to overall earnings.

Seacoast Banking Of Florida Financial Statement Overview

Summary

Seacoast Banking Of Florida demonstrates stable financial performance with consistent revenue growth and strong margins. The balance sheet is robust with manageable leverage, though profitability metrics like ROE have shown some decline. Cash flow management is effective, but there are areas for improvement in cash generation relative to net income.

Income Statement

Seacoast Banking Of Florida shows a stable income statement with a consistent revenue growth rate and strong gross profit margins. However, the net profit margin has decreased in the TTM period, indicating some pressure on profitability. The EBIT and EBITDA margins remain healthy, reflecting efficient operational management.

Balance Sheet

The balance sheet is solid with a moderate debt-to-equity ratio, indicating manageable leverage. The return on equity has decreased over time, suggesting a need for improved profitability. The equity ratio remains strong, showcasing a stable financial position.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow growth, although the operating cash flow to net income ratio is relatively low, indicating potential challenges in cash generation relative to earnings. The free cash flow to net income ratio is strong, suggesting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	835.10M	808.99M	768.13M	446.58M	354.97M	348.61M
Gross Profit	530.90M	498.14M	528.63M	404.91M	356.04M	285.95M
EBITDA	198.96M	175.05M	134.68M	148.77M	154.89M	102.30M
Net Income	138.89M	120.99M	104.03M	106.51M	124.40M	77.76M
Balance Sheet
Total Assets	15.94B	15.18B	14.58B	12.15B	9.68B	8.34B
Cash, Cash Equivalents and Short-Term Investments	3.05B	2.67B	2.29B	2.08B	2.38B	1.80B
Total Debt	1.01B	584.04M	530.88M	406.56M	193.21M	190.97M
Total Liabilities	13.67B	12.99B	12.47B	10.54B	8.37B	7.21B
Stockholders Equity	2.27B	2.18B	2.11B	1.61B	1.31B	1.13B
Cash Flow
Free Cash Flow	195.97M	175.87M	140.32M	183.21M	150.25M	59.06M
Operating Cash Flow	201.70M	179.90M	150.61M	195.86M	154.57M	60.65M
Investing Cash Flow	-1.40B	-606.88M	527.45M	-364.88M	-412.51M	-342.50M
Financing Cash Flow	778.43M	456.41M	-432.82M	-366.77M	591.58M	561.41M

Seacoast Banking Of Florida Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBCF, the sentiment is Positive. The current price of 30.88 is above the 20-day moving average (MA) of 30.48, above the 50-day MA of 29.41, and above the 200-day MA of 27.03, indicating a bullish trend. The MACD of 0.62 indicates Positive momentum. The RSI at 60.07 is Neutral, neither overbought nor oversold. The STOCH value of 23.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SBCF.

Seacoast Banking Of Florida Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BANR	80 Outperform	$2.33B	12.70	10.24%	2.90%	8.40%	9.46%
TRMK	80 Outperform	$2.44B	11.30	10.99%	2.35%	17.17%	―
PFS	79 Outperform	$2.61B	11.20	8.78%	4.80%	66.96%	67.27%
SBCF	75 Outperform	$2.72B	18.93	6.31%	2.33%	5.70%	18.72%
FBK	70 Neutral	$2.87B	27.59	5.81%	1.39%	-5.80%	-22.11%
SYBT	69 Neutral	$2.28B	17.74	13.51%	1.61%	13.28%	22.43%
Sector *	68 Neutral	$18.10B	11.52	9.93%	3.73%	9.70%	1.14%

Seacoast Banking Of Florida Corporate Events

Seacoast Banking Engages in Investor Meetings September 2025

In September 2025, Seacoast Banking Corporation of Florida’s leadership, including the CEO, CFO, and Treasurer, will engage in one-on-one meetings with investors to discuss the company’s business strategy, financial performance, and future opportunities. This initiative is part of the company’s ongoing efforts to communicate its strategic plans and recent developments to stakeholders, potentially impacting its market positioning and investor relations.

Seacoast Banking Receives Approval for Villages Acquisition

On September 5, 2025, Seacoast Banking Corporation of Florida announced that it has received all necessary regulatory approvals for its acquisition of Villages Bancorporation, Inc. and its subsidiary, Citizens First Bank. The transaction is expected to close on or around October 1, 2025, pending customary closing conditions, including shareholder approval from Villages Bancorporation, Inc. This strategic acquisition is anticipated to enhance Seacoast’s market presence and operational capabilities in Florida, potentially impacting stakeholders by expanding the company’s customer base and service offerings.

Seacoast Banking Reports Strong Q2 2025 Performance

Seacoast Banking Corporation of Florida reported a strong financial performance for the second quarter of 2025, with net income rising to $42.7 million, a significant increase from previous quarters. The company also announced strategic acquisitions of Heartland Bancshares and Villages Bancorporation, which are expected to enhance its market presence and profitability in key growth areas.

Seacoast Banking Completes Heartland Bancshares Acquisition

On July 11, 2025, Seacoast Banking Corporation of Florida completed its acquisition of Heartland Bancshares, Inc., expanding its presence in Central Florida by entering Highlands County. The merger, valued at approximately $111.2 million, involved a 50-50 combination of cash and stock for Heartland shareholders. Heartland, known for its leading deposit market share in Highlands County, brings deposits of approximately $665.9 million and consolidated net loans of approximately $156.6 million as of March 31, 2025. This acquisition is expected to enhance Seacoast’s market position and service offerings in the region, providing opportunities for growth by leveraging Heartland’s strengths and Seacoast’s breadth of offerings.