Seacoast Banking Corporation of Florida Balance Sheet Health
Financial Health criteria checks 6/6
Seacoast Banking of Florida has total assets of $14.6B and total equity of $2.1B. Total deposits are $11.8B, and total loans are $9.9B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $455.7M.
Key information
6.9x
Asset to equity ratio
3.8%
Net interest margin
Total deposits | US$11.78b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.6% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$455.72m |
Recent financial health updates
No updates
Recent updates
Seacoast 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 18SeaCoast to acquire Florida's Professional Bank in accretive earnings deal
Aug 08Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Upcoming Dividend Will Be Larger Than Last Year's
May 21Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be Increased To US$0.17
May 07Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Upcoming Dividend Will Be Larger Than Last Year's
Apr 23Here's Why I Think Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is An Interesting Stock
Apr 04Financial 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 (229%).
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 (68%).
Low Risk Deposits: SBCF's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: SBCF has an appropriate level of bad loans (0.6%).