SEACOAST BANKING CORP OF FLORIDA SBCF

Financials SIC 6022 - State Commercial Banks Nasdaq

Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") is a financial holding company, incorporated in Florida in 1983, and registered under the Bank Holding Company Act of 1956, as amended (the "BHC Act"). Its principal subsidiary is Seacoast National Bank, a wholly-owned national banking association ("Seacoast Bank") chartered in 1926. As of December 31, 2025, Seacoast had total consolidated assets of $20.8 billion, total deposits of $16.3 billion, total consolidated liabilities, including deposits, of $17.8 billion, consolidated convertible preferred stock of $0.3 billion, and consolidated shareholders' equity of $2.7 billion.

Seacoast Bank is one of the largest banks headquartered in Florida, with an expanding presence in the state's fastest growing markets, each of which has unique characteristics and opportunities. This growth has been achieved through a balanced strategy consisting of organic growth and opportunistic acquisitions. The Company provides integrated financial services including commercial and consumer banking, wealth management, mortgage and insurance services to customers through advanced mobile and online banking solutions, and through Seacoast Bank's network of 104 full-service branches.

Last close 34.60 2026-09-04
Market cap $3.35B 2026-06-30 share count
52-week range 28.58 - 36.27

Valuation FY2025 figures against the last close

P/S4.0x
P/E22.0x
P/FCF17.8x
EV/EBITDA
Dividend yield
Diluted EPS1.57

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $836.4M$725.6M$689.0M$380.5M$284.2M$287.0M$289.8M$241.4M$191.6M$148.1M
Interest expense $553.5M$432.0M$488.2M$366.2M$8.2M$24.3M$46.2M$29.9M$15.3M$8.5M
Pre-tax income $186.5M$155.8M$134.3M$138.1M$158.7M$100.6M$128.6M$87.5M$79.2M$44.1M
Income tax $41.6M$34.9M$30.2M$31.6M$34.3M$22.8M$29.9M$20.3M$36.3M$14.9M
Net income $144.9M$121.0M$104.0M$106.5M$124.4M$77.8M$98.7M$67.3M$42.9M$29.2M
EPS, basic 1.591.431.241.672.201.451.921.401.010.79
EPS, diluted 1.571.421.231.662.181.441.901.380.990.78
Shares, diluted (wtd. avg.) $89.1M$85.0M$84.3M$64.3M$57.1M$53.9M$52.0M$48.7M$43.4M$37.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $388.5M$476.6M$447.2M$201.9M$737.7M$404.1M$124.5M$116.0M$109.5M$109.6M
Property, plant and equipment $160.1M$107.6M$113.3M$116.9M$72.4M$75.1M$66.6M$71.0M$66.9M$58.7M
Goodwill $1.03B$732.4M$732.4M$480.3M$252.2M$221.2M$205.3M$204.8M$147.6M$64.6M
Other intangibles $195.7M$71.7M$95.6M$75.5M$13.0M$14.6M$18.3M$24.8M$18.9M$14.6M
Total assets $20.84B$15.18B$14.58B$12.15B$9.68B$8.34B$7.11B$6.75B$5.81B$4.68B
Long-term debt $112.8M$107.0M$106.3M$84.5M
Total liabilities $17.79B$12.99B$12.47B$10.54B$8.37B$7.21B$6.12B$5.88B$5.12B$4.25B
Retained earnings $603.8M$526.6M$467.3M$423.9M$358.6M$256.7M$195.8M$97.1M$29.9M-$13.7M
Total equity $2.71B$2.18B$2.11B$1.61B$1.31B$1.13B$985.6M$864.3M$689.7M$435.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $188.1M$179.9M$150.6M$195.9M$154.6M$60.7M$117.7M$129.6M$48.9M$62.0M
Depreciation and amortisation $9.7M$8.6M$8.2M$6.1M$5.5M$6.0M$6.4M$6.4M$5.6M$5.1M
Stock-based compensation $15.7M$13.7M$13.4M$11.2M$8.7M$7.3M$7.2M$7.8M$5.3M$4.2M
Investing cash flow -$706.8M-$606.9M$527.4M-$364.9M-$412.5M-$342.5M-$321.3M-$174.6M-$245.6M-$511.8M
Financing cash flow $430.6M$456.4M-$432.8M-$366.8M$591.6M$561.4M$212.2M$51.4M$196.5M$423.4M
Buybacks $0$880.0K$10.9M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-024690.

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