Seacoast Banking Corporation of Florida | Mid-cap | Financial Services
$29.91
-4.44%
| Seacoast Banking Stock Comparison:
Seacoast Banking vs Nu HoldingsSeacoast Banking vs U.S. BancorpSeacoast Banking vs Webster FinancialSeacoast Banking vs Western AllianceSeacoast Banking vs UMB FinancialSeacoast Banking vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 140.7M
Net Income 31.5M 22.36%
EPS (Diluted) $0.37

Balance Sheet Metrics

Total Assets 15.7B
Total Liabilities 13.5B
Shareholders Equity 2.2B
Debt to Equity 6.06

Cash Flow Metrics

Operating Cash Flow 24.7M
Free Cash Flow 27.8M

Revenue & Profitability Trend

Seacoast Banking Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 515.4M 567.4M 432.3M 346.8M 324.3M
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 209.8M 225.3M 158.5M 122.1M 110.2M
Other Operating Expenses i - - - - -
Total Operating Expenses i 209.8M 225.3M 158.5M 122.1M 110.2M
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 155.8M 134.3M 138.1M 158.7M 100.6M
Income Tax i 34.9M 30.2M 31.6M 34.3M 22.8M
Effective Tax Rate % i 22.4% 22.5% 22.9% 21.6% 22.7%
Net Income i 121.0M 104.0M 106.5M 124.4M 77.8M
Net Margin % i 23.5% 18.3% 24.6% 35.9% 24.0%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $1.43 $1.24 $1.67 $2.20 $1.45
EPS (Diluted) i $1.42 $1.23 $1.66 $2.18 $1.44
Basic Shares Outstanding i 84367000 83800000 63707000 56586000 53502000
Diluted Shares Outstanding i 84367000 83800000 63707000 56586000 53502000

Income Statement Trend

Seacoast Banking Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 479.8M 453.0M 205.2M 737.7M 404.8M
Short-term Investments i 2.2B 1.8B 1.9B 1.6B 1.4B
Accounts Receivable i - - - - -
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i 135.4M 138.8M 138.4M 95.8M 95.9M
Goodwill i 1.5B 1.6B 1.0B 519.2M 459.1M
Intangible Assets i 71.8M 91.7M 71.3M 14.8M 16.7M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 15.2B - - - -
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i - - - - -
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 352.0M 156.3M 234.5M 71.6M 71.4M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 13.0B - - - -
Equity
Common Stock i 8.6M 8.5M 7.2M 5.8M 5.5M
Retained Earnings i 526.6M 467.3M 423.9M 358.6M 256.7M
Treasury Stock i 19.1M 16.7M 13.0M 10.6M 8.3M
Other Equity - - - - -
Total Shareholders Equity i 2.2B 2.1B 1.6B 1.3B 1.1B
Key Metrics
Total Debt i 352.0M 156.3M 234.5M 71.6M 71.4M
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Seacoast Banking Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 121.0M 104.0M 106.5M 124.4M 77.8M
Depreciation & Amortization i 19.2M 423.0K 10.6M -3.8M 1.7M
Stock-Based Compensation i 13.7M 13.4M 11.2M 8.7M 7.3M
Working Capital Changes i -4.0M -17.7M 22.6M -13.6M -16.8M
Operating Cash Flow i 163.8M 113.5M 173.4M 171.9M 31.7M
Investing Activities
Capital Expenditures i -4.0M -10.3M -12.6M -4.3M -1.6M
Acquisitions i 0 141.7M 281.7M 98.1M 72.0M
Investment Purchases i -993.9M -100.9M -899.7M -1.5B -830.3M
Investment Sales i 649.0M 403.0M 882.9M 764.2M 476.7M
Investing Cash Flow i -355.6M 419.4M 256.5M -720.3M -266.4M
Financing Activities
Share Repurchases i -880.0K -10.9M 0 0 -
Dividends Paid i -61.6M -60.6M -41.2M -22.5M 0
Debt Issuance i 355.0M 110.0M 75.0M 0 35.0M
Debt Repayment i -160.0M -355.0M -70.0M -33.0M -350.0M
Financing Cash Flow i 132.5M -596.5M -98.7M -55.5M -550.0M
Free Cash Flow i 175.9M 140.3M 183.2M 150.2M 59.1M
Net Change in Cash i -59.3M -63.6M 331.2M -604.0M -784.7M

Cash Flow Trend

Seacoast Banking Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 19.46
Forward P/E 19.82
Price to Book 1.19
Price to Sales 5.83
PEG Ratio 0.50

Profitability Ratios

Profit Margin 26.12%
Operating Margin 45.10%
Return on Equity 6.31%
Return on Assets 0.90%

Financial Health

Debt to Equity 0.46
Beta 0.95

Per Share Data

EPS (TTM) $1.63
Book Value per Share $26.76
Revenue per Share $6.28

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
sbcf 2.8B 19.46 1.19 6.31% 26.12% 0.46
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
Webster Financial 9.8B 11.96 1.09 9.44% 34.45% 0.52
Western Alliance 9.2B 11.30 1.37 12.42% 27.12% 0.93
UMB Financial 9.0B 13.41 1.31 10.05% 27.11% 0.51

Financial data is updated regularly. All figures are in the company's reporting currency.