Seacoast Banking Corporation of Florida Balance Sheet Health
Financial Health criteria checks 6/6
Seacoast Banking of Florida has total assets of $15.2B and total equity of $2.2B. Total deposits are $12.2B, and total loans are $10.1B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $643.0M.
Key information
6.9x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$12.24b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$642.96m |
Recent financial health updates
No updates
Recent updates
Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be $0.18
Oct 21
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18
Aug 22Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Jul 30Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
May 24Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
May 01Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Announced A Dividend Of $0.18
Mar 01Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18
Jan 22Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
Nov 21Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
Sep 04Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Aug 21Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18
Jul 25Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18
Jun 02Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
May 19Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Apr 25Seacoast Banking Corporation of Florida declares $0.17 dividend
Oct 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBCF's Assets to Equity ratio (6.9x) is low.
Allowance for Bad Loans: SBCF has a sufficient allowance for bad loans (174%).
Low Risk Liabilities: 94% of SBCF's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBCF has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: SBCF's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: SBCF has an appropriate level of bad loans (0.8%).