Seacoast Banking Corporation of Florida

NasdaqGS:SBCF Stock Report

Market Cap: US$2.3b

Seacoast Banking Corporation of Florida Past Earnings Performance

Past criteria checks 5/6

Seacoast Banking of Florida has been growing earnings at an average annual rate of 5.6%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 15.2% per year. Seacoast Banking of Florida's return on equity is 5.3%, and it has net margins of 23.6%.

Key information

5.6%

Earnings growth rate

-5.4%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate15.2%
Return on equity5.3%
Net Margin23.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be $0.18

Oct 21
Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18

Aug 22
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Jul 30
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

May 24
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

May 01
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Announced A Dividend Of $0.18

Mar 01
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Announced A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18

Jan 22
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Nov 21
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Sep 04
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Aug 21
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18

Jul 25
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18

Jun 02
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

May 19
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Apr 25
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18

Revenue & Expenses Breakdown

How Seacoast Banking Corporation of Florida makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:SBCF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244941162460
30 Jun 245041172770
31 Mar 245301182830
31 Dec 235281042890
30 Sep 23527983250
30 Jun 23492962660
31 Mar 23441982380
31 Dec 224061072090
30 Sep 223781191790
30 Jun 223631131790
31 Mar 223521111720
31 Dec 213561241740
30 Sep 213431171580
30 Jun 213391171540
31 Mar 213281111520
31 Dec 20286781600
30 Sep 20278761550
30 Jun 20268791440
31 Mar 20265771410
31 Dec 19288991390
30 Sep 19285881480
30 Jun 19272781460
31 Mar 19261721420
31 Dec 18250671380
30 Sep 18253641260
30 Jun 18251621240
31 Mar 18244531280
31 Dec 17229431290
30 Sep 17203411200
30 Jun 17193361180
31 Mar 17183331110
31 Dec 16175291090
30 Sep 16165241070
30 Jun 16154201080
31 Mar 16145201010
31 Dec 1513922870
30 Sep 15134151360
30 Jun 15123131070
31 Mar 151149850
31 Dec 141046750
30 Sep 14938600
30 Jun 149049600
31 Mar 148849600
31 Dec 138748600

Quality Earnings: SBCF has high quality earnings.

Growing Profit Margin: SBCF's current net profit margins (23.6%) are higher than last year (18.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SBCF's earnings have grown by 5.6% per year over the past 5 years.

Accelerating Growth: SBCF's earnings growth over the past year (18.3%) exceeds its 5-year average (5.6% per year).

Earnings vs Industry: SBCF earnings growth over the past year (18.3%) exceeded the Banks industry -11.8%.


Return on Equity

High ROE: SBCF's Return on Equity (5.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:36
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Seacoast Banking Corporation of Florida is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MossB. Riley Securities, Inc.
Robert RamseyFBR Capital Markets & Co.
Jeffrey CantwellGuggenheim Securities, LLC