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SBCF

Seacoast Banking Corporation of Florida

SBCF

Seacoast Banking Corporation of Florida • NASDAQ
$31.56 ▼ -0.22% (-0.07)
Market Cap $2.69 B
52w High $32.33
52w Low $21.36
Dividend Yield 0.72%
P/E 18.79
Volume 236.18K
Outstanding Shares 85.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $226.53M ▲ $101.837M ▲ $36.467M ▼ 16.098% ▼ $0.42 ▼ $52.468M ▼
Q2-2025 $217.868M ▲ $91.58M ▲ $42.687M ▲ 19.593% ▲ $0.5 ▲ $59.046M ▲
Q1-2025 $206.435M ▲ $90.447M ▲ $31.464M ▼ 15.242% ▼ $0.37 ▼ $47.272M ▼
Q4-2024 $202.998M ▼ $85.325M ▲ $34.085M ▲ 16.791% ▲ $0.4 ▲ $64.956M ▲
Q3-2024 $207.794M $84.568M $30.651M 14.751% $0.36 $27.687M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.514B ▲ $16.677B ▲ $14.299B ▲ $2.378B ▲
Q2-2025 $3.2B ▲ $15.945B ▲ $13.673B ▲ $2.272B ▲
Q1-2025 $3.13B ▲ $15.732B ▲ $13.503B ▲ $2.23B ▲
Q4-2024 $2.673B ▼ $15.176B ▲ $12.993B ▲ $2.183B ▼
Q3-2024 $2.802B $15.168B $12.975B $2.194B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $36.467M ▼ $30.215M ▼ $46.448M ▲ $-103.097M ▼ $-26.434M ▲ $27.703M ▼
Q2-2025 $42.687M ▲ $72.327M ▲ $-381.002M ▲ $140.531M ▼ $-168.144M ▼ $70.904M ▲
Q1-2025 $31.464M ▼ $31.006M ▼ $-513.315M ▼ $506.274M ▲ $23.965M ▲ $27.792M ▼
Q4-2024 $34.085M ▲ $44.993M ▼ $-210.675M ▲ $5.231M ▼ $-160.451M ▼ $44.843M ▼
Q3-2024 $30.651M $53.374M $-292.231M $126.39M $-112.467M $52.429M

Revenue by Products

Product Q4-2020Q1-2021Q2-2021Q3-2021
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Mortgage Banking
Mortgage Banking
 $0 ▲$0 ▲$0 ▲$0 ▲
Wealth Management Income
Wealth Management Income
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Seacoast’s income statement shows a steady build‑up in its business over the past five years. Revenue has grown meaningfully, helped by expansion across Florida and a larger customer base. Profitability is positive and fairly resilient, but earnings per share have not kept up with the pace of revenue growth. That suggests higher costs from acquisitions, technology investments, funding costs, or credit provisions are weighing on how much ultimately flows to shareholders. Overall, it looks like a growing bank that is still working through the margin pressures of a tougher interest‑rate and competitive environment.

Balance Sheet

Balance Sheet The balance sheet has expanded significantly, with assets and shareholder equity both rising over time. This reflects a larger franchise and the impact of acquisitions. Debt levels have moved up but from modest levels, and equity has grown steadily, which points to a generally sound capital base for a regional bank. Cash and liquid resources move around year to year, but the bank appears to be managing its liquidity in a way that supports growth while keeping a reasonable capital cushion. The main watchpoints are funding costs and how well new assets perform through the credit cycle.

Cash Flow

Cash Flow Cash flow from operations has remained consistently positive, and free cash flow closely tracks it, since capital spending needs are modest. For a bank, this pattern indicates the core lending and fee businesses are generating enough cash to support day‑to‑day needs and organic growth without heavy reinvestment. There are some ups and downs by year, but no sign of structural cash flow weakness. The bigger questions lie in the quality of the loan book and deposit base, which are not fully visible from the summarized cash flow alone.

Competitive Edge

Competitive Edge Seacoast occupies a strong regional niche as a Florida‑focused community bank with scale. Its advantages come from deep local knowledge, a long operating history, and a reputation for community involvement and service. It competes by combining local relationship banking with technology that makes it easier and faster to bank digitally. Strategic acquisitions have widened its footprint and added customers, giving it more relevance than a typical small community bank. At the same time, it faces intense competition from national banks, other fast‑growing Florida regionals, and fintechs all chasing the same attractive market, which can pressure pricing and deposit costs.

Innovation and R&D

Innovation and R&D While it does not do traditional R&D like a tech company, Seacoast has been active in adopting modern banking technology. Partnerships with platforms like nCino and Clover, strong data analytics, and upgraded ATMs show a deliberate push to digitize lending, payments, and customer service. The bank’s “high‑tech, high‑touch” strategy seeks to blend convenient digital tools with personalized local advice, especially for small businesses and wealth management clients. Looking ahead, more digital enhancements, smarter use of data and potentially AI, and further acquisition integration are likely to be the main innovation levers rather than in‑house research labs.

Summary

Overall, Seacoast looks like a steadily growing regional bank that has used acquisitions, technology, and a focused Florida strategy to expand its franchise. Revenue and profits have trended upward over several years, and the balance sheet and cash flows appear generally sound, with rising equity and consistent operational cash generation. The trade‑off is that earnings per share and margins have been under some pressure, likely reflecting the costs of growth, higher funding expenses, and a more challenging rate environment. Its competitive edge rests on local knowledge, digital capability, and a strong regional brand, but it remains exposed to credit cycles, deposit competition, and the execution risk of integrating acquisitions and new technologies. For observers, the key things to monitor are credit quality, funding costs, integration of acquired banks, and whether its technology investments translate into better efficiency and more durable profitability over time.

NEWS

October 27, 2025 · 4:07 PM UTC

Seacoast Reports Third Quarter 2025 Results

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October 23, 2025 · 4:35 PM UTC

Seacoast Banking Corporation of Florida Declares Increase to Quarterly Dividend on Common Stock and Declares Quarterly Dividend on Preferred Stock

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October 3, 2025 · 4:01 PM UTC

Seacoast Banking Corporation of Florida to Announce Third Quarter Earnings Results October 27, 2025

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October 1, 2025 · 5:04 PM UTC

Seacoast Completes Acquisition of Villages Bancorporation, Inc.

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