Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to business and retail customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; automated teller machines; online and mobile banking services; and brokerage and annuity services. As of March 1, 2018, it had 51 traditional branches and 5 commercial banking centers. The company was founded in 1926 and is headquartered in Stuart, Florida.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:SBCF
CUSIP81170730
Phone772-287-4000
Debt
Debt-to-Equity Ratio0.40
Current Ratio0.83
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio23.33
Forward P/E Ratio18.80
P/E GrowthN/A
Sales & Book Value
Annual Sales$250.07 million
Price / Sales6.18
Cash Flow$1.4760 per share
Price / Cash22.29
Book Value$15.85 per share
Price / Book2.08
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$42.86 million
Net Margins19.83%
Return on Equity10.05%
Return on Assets1.15%
Miscellaneous
Employees805
Outstanding Shares46,980,000
Market Cap$1,545.74
Seacoast Banking Co. of Florida (NASDAQ:SBCF) Frequently Asked Questions
What is Seacoast Banking Co. of Florida's stock symbol?
Seacoast Banking Co. of Florida trades on the NASDAQ under the ticker symbol "SBCF."
How were Seacoast Banking Co. of Florida's earnings last quarter?
Seacoast Banking Co. of Florida (NASDAQ:SBCF) issued its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The financial services provider had revenue of $62.10 million for the quarter, compared to the consensus estimate of $61.60 million. Seacoast Banking Co. of Florida had a return on equity of 10.05% and a net margin of 19.83%. The company's quarterly revenue was up 29.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. View Seacoast Banking Co. of Florida's Earnings History.
When is Seacoast Banking Co. of Florida's next earnings date?
What price target have analysts set for SBCF?
6 equities research analysts have issued 1 year price objectives for Seacoast Banking Co. of Florida's stock. Their forecasts range from $27.00 to $36.00. On average, they anticipate Seacoast Banking Co. of Florida's stock price to reach $30.40 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Ratings for Seacoast Banking Co. of Florida.
What is the consensus analysts' recommendation for Seacoast Banking Co. of Florida?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seacoast Banking Co. of Florida in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Seacoast Banking Co. of Florida stock?
Here are some recent quotes from research analysts about Seacoast Banking Co. of Florida stock:
- 1. According to Zacks Investment Research, "Seacoast Banking Corp of Florida is a bank holding company. Seacoast and its subsidiaries offer a full array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a wide variety of trust and asset management services, as well as securities and annuity products. " (7/13/2018)
- 2. FBR & Co analysts commented, "We are initiating coverage of Xenia Hotels & Resorts, Inc. (XHR) with a Neutral rating and a $23 price target. Xenia is a predominantly upper-upscale and luxury lodging REIT with ownership positions in 39 hotels (11,533 rooms) broadly diversified throughout the U.S. The REIT was formerly the lodging division of Inland American Real Estate, a non-traded REIT, prior to becoming internally advised and publicly traded (via a 1:8 spin-off from Inland American, a.k.a. InvenTrust) in 1Q15. Xenia management has been meaningfully upgrading the portfolio since the spin-off, despite the lateness of the lodging cycle and generally moderating RevPAR growth. We are very constructive on the XHR story. However, the shares have increased meaningfully in the last two months and, now trading at ~13.4x our 2017E EBITDA estimate, in our view, are approaching fair value." (10/27/2017)
Who are some of Seacoast Banking Co. of Florida's key competitors?
Some companies that are related to Seacoast Banking Co. of Florida include Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), Popular (BPOP), Prosperity Bancshares (PB), First Citizens BancShares Inc. Class A (FCNCA), Texas Capital Bancshares (TCBI), Associated Banc (ASB), IBERIABANK (IBKC), Hancock (HBHC), Home Bancshares (HOMB), Chemical Financial (CHFC), First Hawaiian Bank (FHB), Investors Bancorp (ISBC), United Bankshares (UBSI) and First Financial Bankshares (FFIN).
Who are Seacoast Banking Co. of Florida's key executives?
Seacoast Banking Co. of Florida's management team includes the folowing people:
- Mr. Dennis S. Hudson III, Chairman, Pres & CEO (Age 63)
- Mr. Charles M. Shaffer, Exec. VP, CFO & Head of Strategy (Age 44)
- Mr. David D. Houdeshell, Exec. VP and Chief Risk & Credit Officer (Age 58)
- Mr. Charles K. Cross Jr., Exec. VP of Commercial Banking (Age 60)
- Ms. Juliette Kleffel, Exec. VP & Community Banking Exec. (Age 47)
Has Seacoast Banking Co. of Florida been receiving favorable news coverage?
Media coverage about SBCF stock has trended somewhat negative this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Seacoast Banking Co. of Florida earned a media sentiment score of -0.04 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 43.63 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Seacoast Banking Co. of Florida's major shareholders?
Seacoast Banking Co. of Florida's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Marshwinds Advisory Co. (0.01%), Amalgamated Bank (0.01%) and Cornerstone Wealth Management LLC (0.01%). Company insiders that own Seacoast Banking Co. of Florida stock include Charles K Jr Cross, Charles M Shaffer, Dennis S Hudson III, Julie H Daum, Robert Goldstein and Roger Goldman. View Institutional Ownership Trends for Seacoast Banking Co. of Florida.
Which major investors are selling Seacoast Banking Co. of Florida stock?
SBCF stock was sold by a variety of institutional investors in the last quarter, including Marshwinds Advisory Co.. Company insiders that have sold Seacoast Banking Co. of Florida company stock in the last year include Charles K Jr Cross, Charles M Shaffer, Dennis S Hudson III and Roger Goldman. View Insider Buying and Selling for Seacoast Banking Co. of Florida.
Which major investors are buying Seacoast Banking Co. of Florida stock?
How do I buy shares of Seacoast Banking Co. of Florida?
Shares of SBCF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Seacoast Banking Co. of Florida's stock price today?
One share of SBCF stock can currently be purchased for approximately $32.90.
How big of a company is Seacoast Banking Co. of Florida?
Seacoast Banking Co. of Florida has a market capitalization of $1.55 billion and generates $250.07 million in revenue each year. The financial services provider earns $42.86 million in net income (profit) each year or $1.28 on an earnings per share basis. Seacoast Banking Co. of Florida employs 805 workers across the globe.
How can I contact Seacoast Banking Co. of Florida?
Seacoast Banking Co. of Florida's mailing address is 815 COLORADO AVE, STUART FL, 34994. The financial services provider can be reached via phone at 772-287-4000.
MarketBeat Community Rating for Seacoast Banking Co. of Florida (NASDAQ SBCF)
MarketBeat's community ratings are surveys of what our community members think about Seacoast Banking Co. of Florida and other stocks. Vote "Outperform" if you believe SBCF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBCF will underperform the S&P 500 over the long term. You may vote once every thirty days.
