
SBCF Stock Forecast & Price Target
SBCF Analyst Ratings
Bulls say
Seacoast Banking Corp of Florida demonstrated impressive financial performance, reporting total loan originations of approximately $903 million in the fourth quarter of 2024, reflecting a 37% quarter-over-quarter increase and an 89% year-over-year growth, indicating strong demand across its commercial real estate (CRE) and commercial & industrial (C&I) sectors. The company also showcased robust liquidity, with approximately $6.1 billion in assets, a significant portion of which is liquid cash that covers around 167% of uninsured deposits, enhancing its financial stability and operational flexibility. Additionally, the reduction in the cost of deposits, which fell to 2.08% in the fourth quarter, further supports a strong financial outlook and positions the bank for continued profitability and growth through potential acquisitions and organic expansion efforts.
Bears say
The analysis of Seacoast Banking Corp of Florida suggests a deteriorating outlook primarily due to a significant decline in its commercial loan pipeline, which fell to $605.3 million, indicating potential vulnerabilities in maintaining loan production amid economic uncertainties. Additionally, the bank faces heightened risks of increased nonperforming assets and net charge-offs, especially in a slowing economic environment, which could adversely affect net income relative to earnings per share estimates. Furthermore, challenges related to regulatory approval processes, deposit beta sensitivity during interest rate fluctuations, and potential operational risks from acquisitions could further exacerbate volatility in earnings and the bank's overall financial health.
This aggregate rating is based on analysts' research of Seacoast Banking Corporation of Florida and is not a guaranteed prediction by Public.com or investment advice.
SBCF Analyst Forecast & Price Prediction
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