SBCF RSI Chart
Last 7 days
3.8%
Last 30 days
-0.5%
Last 90 days
-12.1%
Trailing 12 Months
-8.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 460.3M | 550.8M | 639.2M | 689.0M |
2022 | 293.1M | 309.1M | 327.3M | 380.5M |
2021 | 283.4M | 277.9M | 283.0M | 284.2M |
2020 | 290.3M | 291.3M | 286.6M | 287.0M |
2019 | 258.4M | 273.9M | 287.6M | 289.8M |
2018 | 206.3M | 215.6M | 224.7M | 241.4M |
2017 | 156.7M | 167.5M | 177.9M | 191.6M |
2016 | 121.3M | 130.5M | 139.3M | 148.1M |
2015 | 90.1M | 99.4M | 111.8M | 116.4M |
2014 | 70.8M | 71.3M | 71.6M | 80.3M |
2013 | 71.4M | 70.6M | 71.0M | 70.8M |
2012 | 80.0M | 78.0M | 75.5M | 73.3M |
2011 | 82.3M | 81.5M | 81.0M | 80.8M |
2010 | 0 | 96.3M | 90.4M | 84.5M |
2009 | 0 | 0 | 0 | 102.2M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 29, 2024 | dexter tracey | acquired | - | - | 5,242 | evp & cfo |
Feb 29, 2024 | forlenza joseph m | acquired | - | - | 4,715 | evp & cro |
Feb 29, 2024 | shaffer charles m | acquired | - | - | 12,581 | chairman, president & ceo |
Feb 29, 2024 | hudson dennis s iii | acquired | - | - | 16,772 | - |
Feb 29, 2024 | carroll austen | acquired | - | - | 5,242 | evp, chief lending officer |
Feb 29, 2024 | kleffel juliette | acquired | - | - | 5,765 | - |
Jan 10, 2024 | culbreth h gilbert jr | acquired | 11,230 | 27.3254 | 411 | - |
Jan 10, 2024 | daum julie h | acquired | 11,230 | 27.3254 | 411 | - |
Jan 04, 2024 | daum julie h | gifted | - | - | -370 | - |
Dec 31, 2023 | forlenza joseph m | sold (taxes) | -50,971 | 28.46 | -1,791 | evp & cro |
Which funds bought or sold SBCF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -3.3 | 344,338 | 1,703,760 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 3.54 | 43,720,100 | 171,619,000 | -% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -12.68 | 1,752,190 | 15,063,700 | 0.01% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | reduced | -9.96 | 2,460,470 | 17,197,600 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.83 | 289,939 | 1,306,310 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 181,000 | 792,000 | 0.01% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 1.19 | 1,050,000 | 4,423,000 | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -17.05 | 265,875 | 3,811,880 | 0.01% |
Feb 15, 2024 | BARCLAYS PLC | added | 30.41 | 2,224,000 | 5,447,000 | -% |
Feb 15, 2024 | MERCER GLOBAL ADVISORS INC /ADV | added | 4.02 | 176,000 | 680,000 | -% |
Unveiling Seacoast Banking Corp of Florida's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Seacoast Banking Corp of Florida)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
Seacoast Banking Corp of Florida News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -1.7% | 177 | 180 | 174 | 158 | 127 | 91.00 | 84.00 | 78.00 | 74.00 | 73.00 | 68.00 | 69.00 | 73.00 | 68.00 | 73.00 | 73.00 | 72.00 | 73.00 | 72.00 | 72.00 | 70.00 |
EBITDA Margin | -7.6% | 0.92* | 0.99* | 1.09* | 1.20* | 1.34* | 1.45* | 1.46* | 1.48* | 1.55* | 1.52* | 1.52* | 1.47* | 1.29* | 1.25* | 1.24* | 1.21* | 1.31* | 1.26* | - | - | - |
Interest Expenses | -7.1% | 111 | 119 | 127 | 131 | 120 | 88.00 | 82.00 | 77.00 | 72.00 | 71.00 | 66.00 | 67.00 | 69.00 | 64.00 | 67.00 | 63.00 | 62.00 | 61.00 | 60.00 | 61.00 | 60.00 |
Income Taxes | -9.0% | 8.00 | 9.00 | 10.00 | 3.00 | 8.00 | 9.00 | 9.00 | 6.00 | 8.00 | 7.00 | 9.00 | 10.00 | 9.00 | 7.00 | 7.00 | -0.15 | 8.00 | 8.00 | 7.00 | 6.00 | 5.00 |
Earnings Before Taxes | -6.6% | 38.00 | 40.00 | 41.00 | 15.00 | 32.00 | 38.00 | 42.00 | 26.00 | 45.00 | 30.00 | 40.00 | 44.00 | 38.00 | 30.00 | 32.00 | 1.00 | 35.00 | 34.00 | 30.00 | 29.00 | 21.00 |
EBT Margin | -2.8% | 0.19* | 0.20* | 0.23* | 0.27* | 0.36* | 0.46* | 0.46* | 0.48* | 0.56* | 0.54* | 0.55* | 0.51* | 0.35* | 0.34* | 0.35* | 0.34* | 0.44* | 0.40* | - | - | - |
Net Income | -6.0% | 30.00 | 31.00 | 31.00 | 12.00 | 24.00 | 29.00 | 33.00 | 21.00 | 36.00 | 23.00 | 31.00 | 34.00 | 29.00 | 23.00 | 25.00 | 1.00 | 27.00 | 26.00 | 23.00 | 23.00 | 16.00 |
Net Income Margin | -1.9% | 0.15* | 0.15* | 0.17* | 0.21* | 0.28* | 0.36* | 0.36* | 0.38* | 0.44* | 0.41* | 0.42* | 0.39* | 0.27* | 0.26* | 0.27* | 0.26* | 0.34* | 0.30* | - | - | - |
Free Cashflow | -52.3% | 30.00 | 63.00 | 45.00 | 13.00 | 48.00 | 49.00 | 44.00 | 55.00 | 50.00 | 23.00 | 35.00 | 47.00 | 42.00 | -12.15 | 6.00 | 25.00 | 42.00 | 26.00 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -1.6% | 14,580 | 14,823 | 15,042 | 15,255 | 12,146 | 10,345 | 10,812 | 10,905 | 9,681 | 9,893 | 9,317 | 8,812 | 8,342 | 8,288 | 8,084 | 7,353 | 7,109 | 6,891 | 6,825 | 6,783 | 6,748 |
Cash Equivalents | -35.7% | 447 | 696 | 728 | 791 | 202 | 219 | 901 | 1,223 | 738 | 1,228 | 1,449 | 979 | 404 | 310 | 524 | 315 | 125 | 132 | 160 | 204 | 116 |
Net PPE | -2.1% | 113 | 116 | 117 | 117 | 117 | 82.00 | 75.00 | 75.00 | 72.00 | 71.00 | 69.00 | 70.00 | 75.00 | 76.00 | 69.00 | 72.00 | 67.00 | 68.00 | 69.00 | 70.00 | 71.00 |
Goodwill | 0.1% | 732 | 732 | 733 | 728 | 480 | 104 | 287 | 287 | 252 | 252 | 221 | 221 | 221 | 221 | 212 | 212 | 205 | 205 | 205 | 205 | - |
Liabilities | -2.4% | 12,472 | 12,775 | 12,988 | 13,204 | 10,538 | 9,057 | 9,482 | 9,549 | 8,371 | 8,603 | 8,134 | 7,656 | 7,212 | 7,189 | 7,053 | 6,361 | 6,123 | 5,928 | 5,895 | 5,887 | 5,883 |
Long Term Debt | - | 106 | - | - | - | 85.00 | - | - | - | - | - | - | - | - | - | - | - | - | 50.00 | 140 | 3.00 | 380 |
LT Debt, Non Current | - | 106 | - | - | - | 85.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | 2.9% | 2,108 | 2,048 | 2,054 | 2,051 | 1,608 | 1,288 | 1,330 | 1,356 | 1,311 | 1,291 | 1,182 | 1,155 | 1,130 | 1,098 | 1,031 | 992 | 986 | 963 | 930 | 896 | 864 |
Retained Earnings | 3.1% | 467 | 453 | 437 | 421 | 424 | - | - | - | 359 | - | - | - | 257 | - | - | - | 196 | - | - | - | 97.00 |
Additional Paid-In Capital | -0.2% | 1,809 | 1,813 | 1,809 | 1,804 | 1,378 | - | - | - | 964 | - | - | - | 856 | - | - | - | 786 | - | - | - | 779 |
Shares Outstanding | -0.3% | 85.00 | 85.00 | 85.00 | 85.00 | 72.00 | 61.00 | 61.00 | 61.00 | 57.00 | 57.00 | 55.00 | 55.00 | 54.00 | 54.00 | 52.00 | 52.00 | 51.00 | 51.00 | 51.00 | - | - |
Float | - | - | - | 1,880 | - | - | - | 2,029 | - | - | - | 1,893 | - | - | - | 1,081 | - | - | - | 1,309 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -52.3% | 29,883 | 62,655 | 45,030 | 13,045 | 48,496 | 49,022 | 43,807 | 54,534 | 49,808 | 23,050 | 34,616 | 47,098 | 42,372 | -12,146 | 5,740 | 24,686 | 42,438 | 25,881 | 29,343 | 20,083 | 44,755 |
Share Based Compensation | -1.4% | 3,150 | 3,194 | 4,454 | 2,642 | 4,535 | 2,504 | 2,697 | 1,419 | 1,193 | 3,230 | 2,503 | 1,759 | 1,833 | 1,947 | 1,524 | 2,000 | 1,470 | 1,746 | 1,898 | 2,129 | 2,220 |
Cashflow From Investing | -75.2% | 39,488 | 159,382 | 135,858 | 192,718 | 383,792 | -282,016 | -288,132 | -178,519 | -283,294 | -194,807 | -19,365 | 84,955 | 39,593 | -18,497 | -472,658 | 109,060 | -242,647 | -83,778 | -79,392 | 84,476 | -10,590 |
Cashflow From Financing | -25.3% | -318,171 | -253,938 | -244,248 | 383,540 | -448,963 | -449,759 | -76,822 | 608,771 | -256,480 | -49,393 | 454,269 | 443,184 | 12,555 | -184,109 | 676,364 | 56,597 | 192,480 | 30,378 | 5,817 | -16,499 | -23,308 |
Buy Backs | - | 10,823 | - | 45.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest and dividends on securities | |||
Taxable | $ 82,926 | $ 56,611 | $ 29,206 |
Nontaxable | 354 | 546 | 577 |
Interest and fees on loans | 581,105 | 315,717 | 251,471 |
Interest on interest bearing deposits and other investments | 24,590 | 7,620 | 2,990 |
Total Interest Income | 688,975 | 380,494 | 284,244 |
Interest Expense | |||
Interest on deposits | 126,535 | 7,318 | 3,605 |
Interest on time certificates | 52,254 | 2,642 | 2,788 |
Interest on securities sold under agreement to repurchase | 8,323 | 986 | 141 |
Interest on Federal Home Loan Bank borrowings | 6,378 | 330 | 0 |
Interest on long-term debt | 7,245 | 3,056 | 1,685 |
Total Interest Expense | 200,735 | 14,332 | 8,219 |
Net Interest Income | 488,240 | 366,162 | 276,025 |
Provision for credit losses | 37,518 | 26,183 | (9,421) |
Net Interest Income After Provision for Credit Losses | 450,722 | 339,979 | 285,446 |
Noninterest Income: | |||
Service charges on deposit accounts | 18,278 | 13,709 | 9,777 |
Interchange income | 13,877 | 17,171 | 16,231 |
Wealth management income | 12,780 | 11,051 | 9,628 |
Mortgage banking fees | 1,790 | 3,478 | 11,782 |
Insurance agency income | 4,510 | 805 | 0 |
SBA gains | 2,105 | 842 | 1,531 |
BOLI income | 8,401 | 5,572 | 4,154 |
Other | 20,304 | 14,559 | 18,202 |
Noninterest income, excluding securities gains (losses) | 82,045 | 67,187 | 71,305 |
Securities losses, net (includes net losses of $2.9 million for 2023, $0 for 2022 and net gains of $2.2 million for 2021 in other comprehensive income reclassifications) | (2,893) | (1,096) | (578) |
Total Noninterest Income | 79,152 | 66,091 | 70,727 |
Noninterest Expense: | |||
Salaries and wages | 177,637 | 130,100 | 97,283 |
Employee benefits | 29,918 | 19,026 | 17,873 |
Outsourced data processing costs | 52,098 | 27,510 | 19,919 |
Telephone / data lines | 5,204 | 3,799 | 3,223 |
Occupancy | 26,668 | 18,539 | 14,140 |
Furniture and equipment | 8,692 | 6,420 | 5,390 |
Marketing | 9,156 | 6,286 | 4,583 |
Legal and professional fees | 17,514 | 20,703 | 11,376 |
FDIC assessments | 8,630 | 3,137 | 2,405 |
Amortization of intangibles | 28,726 | 9,101 | 5,033 |
Other real estate owned expense and net loss (gain) on sale | 985 | (1,534) | (264) |
Provision for credit losses on unfunded commitments | 1,239 | 1,157 | 133 |
Other | 29,155 | 23,690 | 16,341 |
Total Noninterest Expense | 395,622 | 267,934 | 197,435 |
Income Before Income Taxes | 134,252 | 138,136 | 158,738 |
Income taxes | 30,219 | 31,629 | 34,335 |
Net Income | $ 104,033 | $ 106,507 | $ 124,403 |
Net income per share of common stock | |||
Diluted (in dollars per share) | $ 1.23 | $ 1.66 | $ 2.18 |
Basic (in dollars per share) | $ 1.24 | $ 1.67 | $ 2.20 |
Average common shares outstanding | |||
Diluted (in shares) | 84,329 | 64,264 | 57,088 |
Basic (in shares) | 83,800 | 63,707 | 56,586 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 167,511 | $ 120,748 |
Interest bearing deposits with other banks | 279,671 | 81,192 |
Total cash and cash equivalents | 447,182 | 201,940 |
Time deposits with other banks | 5,857 | 3,236 |
Debt securities: | ||
Securities available-for-sale (at fair value) | 1,836,020 | 1,871,742 |
Securities held-to-maturity (fair value $558.4 million in 2023 and $617.7 million in 2022) | 680,313 | 747,408 |
Total debt securities | 2,516,333 | 2,619,150 |
Loans held for sale (at fair value) | 4,391 | 3,151 |
Loans | 10,062,940 | 8,144,724 |
Less: Allowance for credit losses | (148,931) | (113,895) |
Loans, net of allowance for credit losses | 9,914,009 | 8,030,829 |
Bank premises and equipment, net | 113,304 | 116,892 |
Other real estate owned | 7,560 | 2,301 |
Goodwill | 732,417 | 480,319 |
Other intangible assets, net | 95,645 | 75,451 |
Bank owned life insurance | 298,974 | 237,824 |
Net deferred tax assets | 113,232 | 94,457 |
Other assets | 331,345 | 280,212 |
Total Assets | 14,580,249 | 12,145,762 |
Deposits | ||
Noninterest demand | 3,544,981 | 4,070,973 |
Interest-bearing demand | 2,790,210 | 2,337,590 |
Savings | 651,454 | 1,064,392 |
Money market | 3,314,288 | 1,985,974 |
Other time deposits | 803,393 | 369,389 |
Brokered time certificates | 122,347 | 3,798 |
Time certificates of more than $250,000 | 550,262 | 149,479 |
Total Deposits | 11,776,935 | 9,981,595 |
Securities sold under agreements to repurchase, maturing within 30 days | 374,573 | 172,029 |
FHLB borrowings | 50,000 | 150,000 |
Long-term debt, net | 106,302 | 84,533 |
Other liabilities | 164,353 | 149,830 |
Total Liabilities | 12,472,163 | 10,537,987 |
Commitments and Contingencies | ||
Shareholders' Equity | ||
Common stock, par value $0.10 per share authorized 120,000,000 shares, issued 85,480,183 and outstanding 84,861,498 shares in 2023 and authorized 120,000,000 shares, issued 72,099,136 and outstanding 71,617,852 shares in 2022 | 8,486 | 7,162 |
Additional paid-in capital | 1,808,883 | 1,377,802 |
Retained earnings | 467,305 | 423,863 |
Less: Treasury stock (618,685 shares in 2023 and 481,284 shares in 2022), at cost | (16,710) | (13,019) |
Total shareholders' equity, before accumulated other comprehensive income (loss), net | 2,267,964 | 1,795,808 |
Accumulated other comprehensive loss, net | (159,878) | (188,033) |
Total Shareholders' Equity | 2,108,086 | 1,607,775 |
Total Liabilities & Shareholders' Equity | $ 14,580,249 | $ 12,145,762 |