Want to see SBCF full AI Analyst Report?
Top Page
Seacoast Banking Of Florida
(NASDAQ:SBCF)
Select Model
Select Model
Rating:71Outperform
Price Target:
$37.00
â–²(10.48% Upside)
Action:Reiterated
Date:07/29/26
The score is driven primarily by solid financial performance (steady growth and strong free cash flow) and a positive earnings-call setup (reiterated guidance, improving profitability metrics, robust loan growth, and solid credit quality). The main constraint is valuation, with a high P/E multiple, while technicals are moderately supportive with price above key moving averages but limited by missing momentum indicators.
Positive Factors
Cash Generation
Seacoast reports consistently positive free cash flow that tracks closely with net income and a strong TTM increase. Durable cash conversion supports organic growth, funds integration and buybacks, and provides a liquidity buffer to absorb credit or market shocks over the next several quarters.
Negative Factors
Margin Pressure
Management notes competitor re-entry is compressing commercial loan spreads and margins have meaningfully contracted versus 2021–2022. Persistent spread pressure can erode net interest margin and core profitability over several quarters unless offset by faster deposit repricing or higher fee income.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Seacoast reports consistently positive free cash flow that tracks closely with net income and a strong TTM increase. Durable cash conversion supports organic growth, funds integration and buybacks, and provides a liquidity buffer to absorb credit or market shocks over the next several quarters.
Read all positive factors
Seacoast Banking Of Florida (SBCF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.38B
Dividend Yield2.16%
Average Volume (3M)602.60K
Price to Earnings (P/E)46.3
Beta (1Y)0.95
Revenue Growth23.80%
EPS Growth-0.77%
CountryUS
Employees1,962
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.56
Shares Outstanding97,246,770
10 Day Avg. Volume659,806
30 Day Avg. Volume602,596
Financial Highlights & Ratios
PEG Ratio1.46
Price to Book (P/B)0.91
Price to Sales (P/S)3.19
P/FCF Ratio15.50
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$35.50Price Target Upside6.00% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)2.54
Revenue Forecast (FY)$850.18M
Seacoast Banking Of Florida Business Overview & Revenue Model
Company Description
Seacoast Banking Corporation of Florida serves as the parent holding company for Seacoast National Bank, providing a diverse range of financial solutions to individual consumers and businesses across Florida. The institution offers a comprehensive...
How the Company Makes Money
SBCF primarily makes money through traditional banking and fee-based financial services. Its main revenue stream is net interest income: it earns interest and loan-related yields on assets such as commercial and industrial loans, commercial real e...
Seacoast Banking Of Florida Earnings Call Summary
Earnings Call Date:Jul 28, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 22, 2026
Earnings Call Sentiment Positive
The call conveyed strong operational and financial momentum: meaningful QoQ and YoY earnings growth, robust loan growth and a record commercial pipeline, improving margins (core NIM), expanding fee businesses (notably wealth management), solid capital and a successfully executed large M&A conversion. Headwinds are present but largely manageable — including a prior-quarter securities repositioning loss, elevated integration costs, increased provisions tied to growth, higher unrealized securities losses from rate moves, and competitive pressure compressing some loan spreads and testing underwriting discipline. Overall, the positives around profitability, credit quality, balance sheet flexibility, and the strategic M&A integration outweigh the discrete and ongoing challenges discussed.Positive Updates
Strong Profitability and Earnings Growth
Net income of $59.5M (Q2 2026) or $0.55 diluted EPS, up 87% from prior quarter and 39% year-over-year; adjusted net income $65.8M or $0.61 per share. Adjusted pre-tax, pre-provision earnings were $95.5M, up 52% year-over-year.
Negative Updates
Q1 Securities Portfolio Repositioning Loss
The first quarter included a $39.5M loss from strategic repositioning of the securities portfolio, which reduced adjusted noninterest income comparables and impacted earlier-period results.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Profitability and Earnings Growth
Net income of $59.5M (Q2 2026) or $0.55 diluted EPS, up 87% from prior quarter and 39% year-over-year; adjusted net income $65.8M or $0.61 per share. Adjusted pre-tax, pre-provision earnings were $95.5M, up 52% year-over-year.
Read all positive updates
Company Guidance
Management reiterated its 2026 guidance, keeping a full‑year high‑single‑digit organic growth target and saying results remain on track, citing Q2 metrics including adjusted net income of $65.8M ($0.61 diluted), GAAP net income $59.5M ($0.55), adjusted pre‑tax/pre‑provision earnings of $95.5M (up 52% YoY), adjusted ROA 1.25% and adjusted ROTE 15.8%, core NIM 3.65% (GAAP NIM 3.83%) and NII $182.2M, loan balances of $13.1B (16% annualized Q2 growth, 8% annualized YTD) with a $1.3B commercial pipeline, deposits up ~3.7–4% annualized with cost of deposits 1.53%, efficiency ratio 54.5% adjusted (58.5% GAAP), noninterest expense $123.1M (including $8.4M merger costs), allowance for credit losses 1.38% of loans and net charge‑offs 10 bps, all supported by tangible equity/tangible assets of 9.3%, tangible book value per share +8% annualized and 750,000 shares repurchased (~1% YTD).Seacoast Banking Of Florida Financial Statement Overview
Summary
Income Statement
73
Positive
Balance Sheet
70
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 912.83M | 869.54M | 808.99M | 768.13M | 446.58M | 354.97M |
| Gross Profit | 578.36M | 535.38M | 498.14M | 528.63M | 404.91M | 356.04M |
| EBITDA | 228.63M | 226.25M | 175.05M | 134.68M | 148.77M | 154.89M |
| Net Income | 145.31M | 144.88M | 120.99M | 104.03M | 106.51M | 124.40M |
Balance Sheet | ||||||
| Total Assets | 21.15B | 20.84B | 15.18B | 14.58B | 12.15B | 9.68B |
| Cash, Cash Equivalents and Short-Term Investments | 201.31M | 5.35B | 2.67B | 2.29B | 2.08B | 2.38B |
| Total Debt | 1.27B | 1.34B | 584.04M | 530.88M | 406.56M | 193.21M |
| Total Liabilities | 18.08B | 17.79B | 12.99B | 12.47B | 10.54B | 8.37B |
| Stockholders Equity | 3.06B | 3.06B | 2.18B | 2.11B | 1.61B | 1.31B |
Cash Flow | ||||||
| Free Cash Flow | 220.69M | 178.89M | 175.87M | 140.32M | 183.21M | 150.25M |
| Operating Cash Flow | 228.94M | 188.06M | 179.90M | 150.61M | 195.86M | 154.57M |
| Investing Cash Flow | -125.57M | -706.76M | -606.88M | 527.45M | -364.88M | -412.51M |
| Financing Cash Flow | 204.43M | 430.64M | 456.41M | -432.82M | -366.77M | 591.58M |
Seacoast Banking Of Florida Technical Analysis
Positive
33.49
Price Trends
32.03
Positive
31.36
Positive
31.47
Positive
Market Momentum
0.50
Positive
56.89
Neutral
36.14
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 33.49 is above the 20-day moving average (MA) of 33.40, above the 50-day MA of 32.03, and above the 200-day MA of 31.47, indicating a bullish trend. The MACD of 0.50 indicates Positive momentum. The RSI at 56.89 is Neutral, neither overbought nor oversold. The STOCH value of 36.14 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 Risk Analysis
Seacoast Banking Of Florida disclosed 37 risk factors in its most recent earnings report. Seacoast Banking Of Florida reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Seacoast Banking Of Florida Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.11B | 16.06 | 10.03% | 1.35% | 43.33% | 94.72% | |
76 Outperform | $3.15B | 14.77 | 12.78% | 3.33% | 1.90% | 41.02% | |
76 Outperform | $3.77B | 18.50 | 12.46% | 2.96% | 11.59% | 8.54% | |
75 Outperform | $3.22B | 10.28 | 11.00% | 4.02% | 3.73% | 35.18% | |
74 Outperform | $3.95B | 14.91 | 8.22% | 3.51% | 8.42% | -0.88% | |
71 Outperform | $3.38B | 46.32 | 5.61% | 2.24% | 23.80% | -0.77% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
SBCF
Seacoast Banking Of Florida
34.74
7.35
26.85%
BOH
Bank Of Hawaii
79.90
19.73
32.78%
CVBF
Cvb Financial
22.37
4.42
24.62%
PRK
Park National
208.15
53.56
34.65%
PFS
Provident Financial Services
24.68
7.36
42.51%
FBK
FB Financial
60.38
13.07
27.63%
Seacoast Banking Of Florida Corporate Events
Business Operations and StrategyStock BuybackFinancial Disclosures
Seacoast Banking of Florida Posts Strong Q2 2026 Results
Positive
Jul 28, 2026
Seacoast Banking Corporation of Florida reported unaudited second-quarter 2026 results on July 28, 2026, highlighting robust performance driven by strong organic loan growth, expanding pipelines and stable net interest margins. Net income rose to ...
Executive/Board Changes
Seacoast Banking Announces Resignation of Longtime Board Director
Neutral
May 29, 2026
On May 27, 2026, Seacoast Banking Corporation of Florida announced that longtime director H. Gilbert Culbreth, Jr. has decided to resign from its Board of Directors, effective June 15, 2026. Culbreth, who joined the board in 2008 and served on its...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Seacoast Banking Shareholders Approve Governance and Auditor Changes
Positive
May 20, 2026
On May 20, 2026, Seacoast Banking Corporation of Florida held its 2026 Annual Meeting of Shareholders, with 86,561,253 of 97,657,404 eligible shares represented in person or by proxy. Shareholders elected five Class III directors by plurality, app...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Seacoast Banking Highlights Strategy in New Investor Presentation
Neutral
May 13, 2026
Seacoast Banking Corporation of Florida announced that it will periodically hold one-on-one meetings with investors to discuss its business strategy, financial performance, recent developments and future opportunities. The bank has made an accompa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.