Seacoast Banking Corp of Florida
SBCF
ISIN US8117078019 / Valor 23022914
Seacoast Banking Corp of Florida
UMushroom community rating:
About company
Seacoast Banking Corporation of Florida, listed on NASDAQ as SBCF, is a prominent community bank based in Florida with significant assets and deposits. The company offers a wide range of financial services, including commercial and consumer banking, wealth management, and mortgage services, through its subsidiary Seacoast National Bank. With over 75 full-service branches across Florida and advanced mobile and online banking solutions, Seacoast aims to provide comprehensive and convenient banking solutions to its customers.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Net Income
Seacoast Banking Corp of Florida reported a net income of $29.3 million for the fourth quarter of 2022. This represents a 30% increase quarter-over-quarter, highlighting the company's strong financial performance during this period.
Net Interest Margin
For the fourth quarter of 2022, Seacoast Banking Corp of Florida's net interest margin expanded to 4.36%, up 69 basis points from the prior quarter. This significant increase underscores the company's effective interest rate management and profitability.
Acquisitions
During the fourth quarter of 2022, Seacoast Banking Corp of Florida completed the acquisitions of Apollo Bancshares, Inc. and Drummond Banking Company. These strategic acquisitions are expected to enhance the company's market presence and growth potential.
Balance Sheet
Seacoast Banking Corp of Florida reported a well-positioned balance sheet with strong capital and liquidity for the fourth quarter of 2022. The company's robust financial position supports its ability to navigate market fluctuations and pursue growth opportunities.
Dividends
In the fourth quarter of 2022, Seacoast Banking Corp of Florida declared a quarterly cash dividend of $0.13 per share. This consistent dividend payout reflects the company's commitment to returning value to its shareholders.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2364 M
Market cap (USD)
72,161
Daily traded volume (Shares)
27.67 / 27.25
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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