Seacoast Banking Of Florida (SBCF) AI Stock Analysis

• Market Cap: $2.56B
• Dividend Yield: 2.44%
• Average Volume (3M): 656.94K
• Price to Earnings (P/E): 17.9
• Beta (1Y): 1.12
• Revenue Growth: 5.70%
• EPS Growth: 18.72%
• Country: US
• Employees: 1,518
• Sector: Financial
• Sector Strength: 69
• Industry: Banks - Regional
• EPS (TTM): 0.52
• Shares Outstanding: 87,854,710
• 10 Day Avg. Volume: 594,721
• 30 Day Avg. Volume: 656,941
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 3.94
• Enterprise Value/Gross Profit: 6.39
• Enterprise Value/Ebitda: 18.21
• 1Y Price Target: $29.00
• Price Target Upside: -6.36% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 80 Outperform
• Price Target: $33.00 ▲(6.55% Upside)

Seacoast Banking Of Florida's strong financial performance, positive earnings call, and strategic acquisitions are the most significant factors driving the stock's score. The technical analysis and valuation are supportive but less impactful. The company's strategic progress and robust financial health position it well for future growth, despite some competitive pressures in loan pricing.

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 shows a stable financial outlook with a robust balance sheet and strong cash flow management. The income statement reflects moderate performance due to inconsistent revenue growth, but the low leverage and solid equity base mitigate potential risks.

Income Statement

The income statement reflects moderate performance with fluctuating revenue growth, which saw a decline in 2023 after previous years of growth. The net profit margin and EBIT margin are stable, indicating consistent profitability despite revenue volatility. However, the lack of data for 2024 limits the current analysis.

Balance Sheet

The balance sheet demonstrates solid financial stability, with a consistent increase in stockholders' equity and a low debt-to-equity ratio, suggesting low leverage. The equity ratio has improved over the years, indicating strengthened financial stability and asset management.

Cash Flow

Cash flow analysis indicates strong free cash flow generation with a positive trend in operating cash flow relative to net income. The free cash flow to net income ratio is healthy, reflecting efficient cash management, though there are fluctuations in investing and financing cash flows that warrant attention.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	515.40M	527.76M	446.58M	354.97M	287.04M
Gross Profit	498.14M	527.76M	406.07M	356.04M	324.31M
EBITDA	175.05M	134.68M	148.77M	173.83M	91.92M
Net Income	120.99M	104.03M	106.51M	124.40M	77.76M
Balance Sheet
Total Assets	15.18B	14.58B	12.15B	9.68B	8.34B
Cash, Cash Equivalents and Short-Term Investments	2.40B	2.29B	2.08B	2.38B	1.80B
Total Debt	351.97M	530.88M	406.56M	193.21M	190.97M
Total Liabilities	12.99B	12.47B	10.54B	8.37B	7.21B
Stockholders Equity	2.18B	2.11B	1.61B	1.31B	1.13B
Cash Flow
Free Cash Flow	175.87M	140.32M	183.21M	150.25M	59.06M
Operating Cash Flow	175.77M	150.61M	195.86M	154.57M	60.65M
Investing Cash Flow	-602.76M	527.45M	-364.88M	-412.51M	-342.50M
Financing Cash Flow	456.41M	-432.82M	-366.77M	591.58M	561.41M

Seacoast Banking Of Florida Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 30.97 is above the 20-day moving average (MA) of 28.50, above the 50-day MA of 28.00, and above the 200-day MA of 26.85, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 57.61 is Neutral, neither overbought nor oversold. The STOCH value of 91.20 is Negative, 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
SBCF	80 Outperform	$2.56B	17.92	6.31%	2.44%	5.70%	18.72%
PFS	80 Outperform	$2.45B	10.58	8.78%	5.08%	66.96%	67.27%
TRMK	80 Outperform	$2.33B	10.85	10.99%	2.44%	17.17%	―
BANR	78 Outperform	$2.23B	12.27	10.24%	2.84%	8.40%	9.46%
FBK	78 Outperform	$2.75B	26.51	5.81%	1.47%	-5.80%	-22.11%
SYBT	73 Outperform	$2.23B	17.40	13.51%	1.52%	13.28%	22.43%
Sector *	68 Neutral	$17.56B	11.61	10.34%	3.76%	9.69%	0.41%

Seacoast Banking Of Florida Corporate Events

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.

Seacoast Banking Announces Merger with Villages Bancorporation

On May 29, 2025, Seacoast Banking Corporation of Florida announced a merger agreement with Villages Bancorporation, Inc., and its subsidiary Citizens First Bank. The merger will result in Seacoast acquiring VBI, with Seacoast and Seacoast National Bank surviving the merger as the continuing entities. The transaction involves a mix of cash and stock considerations for VBI shareholders and includes various conditions and covenants to be fulfilled before completion. This strategic move is expected to enhance Seacoast’s market presence and operational capabilities in Florida, potentially impacting stakeholders by expanding Seacoast’s banking network and customer base.

Seacoast Banking Approves Key Proposals at Annual Meeting

On May 19, 2025, Seacoast Banking Corporation of Florida held its Annual Meeting of Shareholders, where several key proposals were approved. These included the election of four Class II directors, an amendment to increase authorized common stock, and changes to the 2021 Incentive Plan to allow more shares. Additionally, shareholders approved executive compensation and agreed to hold annual advisory votes on this matter. The appointment of Crowe LLP as the independent auditor for the fiscal year ending December 31, 2025, was also ratified. These decisions reflect the company’s strategic direction and commitment to shareholder engagement.