Seacoast Banking Corporation of Florida Past Earnings Performance
Past criteria checks 1/6
Seacoast Banking of Florida has been growing earnings at an average annual rate of 7.7%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 15% per year. Seacoast Banking of Florida's return on equity is 4.9%, and it has net margins of 19.7%.
Key information
7.7%
Earnings growth rate
-0.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 15.0% |
| Return on equity | 4.9% |
| Net Margin | 19.7% |
| Next Earnings Update | 25 Apr 2024 |
Recent past performance updates
Recent updates
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Announced A Dividend Of $0.18
Mar 01
Seacoast 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 04Revenue & Expenses BreakdownBeta
How Seacoast Banking Corporation of Florida makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 528 | 104 | 289 | 0 |
| 30 Sep 23 | 527 | 98 | 296 | 0 |
| 30 Jun 23 | 492 | 96 | 268 | 0 |
| 31 Mar 23 | 441 | 98 | 239 | 0 |
| 31 Dec 22 | 406 | 107 | 209 | 0 |
| 30 Sep 22 | 378 | 119 | 179 | 0 |
| 30 Jun 22 | 363 | 113 | 179 | 0 |
| 31 Mar 22 | 352 | 111 | 172 | 0 |
| 31 Dec 21 | 356 | 124 | 174 | 0 |
| 30 Sep 21 | 343 | 117 | 158 | 0 |
| 30 Jun 21 | 339 | 117 | 154 | 0 |
| 31 Mar 21 | 328 | 111 | 152 | 0 |
| 31 Dec 20 | 286 | 78 | 160 | 0 |
| 30 Sep 20 | 278 | 76 | 155 | 0 |
| 30 Jun 20 | 268 | 79 | 144 | 0 |
| 31 Mar 20 | 265 | 77 | 141 | 0 |
| 31 Dec 19 | 288 | 99 | 139 | 0 |
| 30 Sep 19 | 285 | 88 | 148 | 0 |
| 30 Jun 19 | 272 | 78 | 146 | 0 |
| 31 Mar 19 | 261 | 72 | 142 | 0 |
| 31 Dec 18 | 250 | 67 | 138 | 0 |
| 30 Sep 18 | 253 | 64 | 126 | 0 |
| 30 Jun 18 | 251 | 62 | 124 | 0 |
| 31 Mar 18 | 244 | 53 | 128 | 0 |
| 31 Dec 17 | 229 | 43 | 129 | 0 |
| 30 Sep 17 | 203 | 41 | 120 | 0 |
| 30 Jun 17 | 193 | 36 | 118 | 0 |
| 31 Mar 17 | 183 | 33 | 111 | 0 |
| 31 Dec 16 | 175 | 29 | 109 | 0 |
| 30 Sep 16 | 165 | 24 | 107 | 0 |
| 30 Jun 16 | 154 | 20 | 108 | 0 |
| 31 Mar 16 | 145 | 20 | 101 | 0 |
| 31 Dec 15 | 139 | 22 | 87 | 0 |
| 30 Sep 15 | 134 | 15 | 136 | 0 |
| 30 Jun 15 | 123 | 13 | 107 | 0 |
| 31 Mar 15 | 114 | 9 | 85 | 0 |
| 31 Dec 14 | 104 | 6 | 75 | 0 |
| 30 Sep 14 | 93 | 8 | 60 | 0 |
| 30 Jun 14 | 90 | 49 | 60 | 0 |
| 31 Mar 14 | 88 | 49 | 60 | 0 |
| 31 Dec 13 | 87 | 48 | 60 | 0 |
| 30 Sep 13 | 85 | 47 | 64 | 0 |
| 30 Jun 13 | 84 | 2 | 64 | 0 |
Quality Earnings: SBCF has a large one-off loss of $35.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SBCF's current net profit margins (19.7%) are lower than last year (26.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SBCF's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: SBCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SBCF had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Banks industry average (-10.1%).
Return on Equity
High ROE: SBCF's Return on Equity (4.9%) is considered low.