Seacoast Banking Corporation of Florida

SBCF

US8117078019

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-17 pm EDT			5-day change	1st Jan Change
27.99 ^USD	+1.34%		+14.43%	-1.65%

Jul. 08	Truist Securities Trims Price Target on Seacoast Banking Corp of Florida to $24 From $25, Maintains Hold Rating	MT
May. 31	Keefe, Bruyette & Woods Upgrade Seacoast Banking Corp of Florida to Outperform From Market Perform With $27 Price Target	MT

Seacoast Banking Corporation of Florida Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

January 26, 2023 at 06:15 pm EST

Seacoast Banking Corporation of Florida reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 119.71 million compared to USD 72.29 million a year ago. Net income was USD 23.93 million compared to USD 36.33 million a year ago.

Basic earnings per share from continuing operations was USD 340 compared to USD 620 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.62 a year ago.

Latest news about Seacoast Banking Corporation of Florida

Truist Securities Trims Price Target on Seacoast Banking Corp of Florida to $24 From $25, Maintains Hold Rating	Jul. 08	MT
Keefe, Bruyette & Woods Upgrade Seacoast Banking Corp of Florida to Outperform From Market Perform With $27 Price Target	May. 31	MT
Seacoast Banking Corporation of Florida's Seacoast Bank Appoints Tony Coley as Regional President for South Florida	May. 20	CI
Truist Trims Price Target on Seacoast Banking Corp of Florida to $25 From $27, Keeps Hold Rating	Apr. 29	MT
Transcript : Seacoast Banking Corporation of Florida, Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
Seacoast Banking Corporation of Florida Reports Net Charge-Offs for the First Quarter Ended March 31, 2024	Apr. 25	CI
Tranche Update on Seacoast Banking Corporation of Florida's Equity Buyback Plan announced on December 15, 2023.	Apr. 25	CI
Seacoast Banking Corporation of Florida Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Earnings Flash (SBCF) SEACOAST BANKING CORPORATION OF FLORIDA Reports Q1 EPS $0.37, vs. Street Est of $0.36	Apr. 25	MT
Seacoast Banking Corp. of Florida Keeps Quarterly Cash Dividend at $0.18 a Share, Payable June 28 to Holders of Record June 14	Apr. 18	MT
Seacoast Banking Corporation of Florida Declares Quarterly Cash Dividend, Payable on June 28, 2024	Apr. 18	CI
Truist Securities Trims Price Target on Seacoast Banking to $27 From $28, Maintains Hold Rating	Apr. 01	MT
Seacoast Banking Corporation of Florida Announces Retirement of Julie H. Daum as Board of Directors	Jan. 30	CI
Raymond James Raises Price Target on Seacoast Banking Corp of Florida to $27.50 From $23, Keeps Outperform Rating	Jan. 30	MT
Truist Securities Trims Seacoast Banking Corp of Florida Price Target to $28 From $29, Maintains Hold Rating	Jan. 30	MT
Transcript : Seacoast Banking Corporation of Florida, Q4 2023 Earnings Call, Jan 26, 2024	Jan. 26
Seacoast Banking Corp of Florida Q4 Adjusted EPS, Revenue Decrease	Jan. 25	MT
Tranche Update on Seacoast Banking Corporation of Florida's Equity Buyback Plan announced on December 15, 2023.	Jan. 25	CI
Tranche Update on Seacoast Banking Corporation of Florida's Equity Buyback Plan announced on December 15, 2022.	Jan. 25	CI
Seacoast Banking Corporation of Florida Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 25	CI
Earnings Flash (SBCF) SEACOAST BANKING CORPORATION OF FLORIDA Posts Q4 EPS $0.43, vs. Street Est of $0.40	Jan. 25	MT
Seacoast Banking Corporation of Florida Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 25	CI
Seacoast Banking Corp of Florida Keeps Quarterly Dividend at $0.18/Share, Payable March 29 to Holders of Record March 15	Jan. 18	MT
Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock, Payable on March 29, 2024	Jan. 18	CI
Seacoast Banking Corporation of Florida's Equity Buyback announced on December 15, 2022, has expired with 548,715 shares, representing 0.65% for $10.88 million.	Dec. 30	CI

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Company Profile

Seacoast Banking Corporation of Florida is a financial holding company. The Company's principal subsidiary is Seacoast National Bank (Seacoast Bank), a wholly owned national banking association. It provides integrated financial services, including commercial and consumer banking, wealth management and mortgage services to customers through online and mobile banking solutions and Seacoast Bank's network consists of over 75 traditional branches and commercial banking centers. Its loans held for investment are categorized as construction and land development, commercial real estate-owner-occupied, commercial real estate-non-owner-occupied, residential real estate, commercial and financial, and consumer and paycheck protection program. Its offices stretch from the southeast, including Fort Lauderdale, Boca Raton and Palm Beach, north along the east coast to the Daytona area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties.

Sector

Banks

Calendar

2024-07-24 - Q2 2024 Earnings Release

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Russell 2000

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Ratings for Seacoast Banking Corporation of Florida

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

27.62 USD

Average target price

26.07 USD

Spread / Average Target

-5.61%

Consensus

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