Seacoast Banking Corporation of Florida

Seacoast Banking Corp. of Florida is a financial holding company, which engages in the provision of integrated financial services. It provides banking and investment services to businesses and consumers, including personal and business deposit products, Internet and mobile banking, personal, commercial and mortgage loans, wealth management services, and treasury management solutions. The company was founded in 1983 and is headquartered in Stuart, FL.

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Seacoast Banking Corporation of Florida posts strong Q4 performance and eyes growth opportunities

Seacoast Banking Corporation of Florida (SBCF) demonstrated robust financial performance and strategic initiatives in Q4 2022, positioning them for future growth.
While challenges such as interest rate fluctuations and operational efficiency improvements exist, the company's proactive approach and strong fundamentals offer opportunities for sustained success.
Overall, Seacoast Banking Corporation of Florida (SBCF) remains well-equipped to navigate challenges, capitalize on opportunities, and drive continued growth in the upcoming quarters.

Seacoast Banking Corporation excels in Q1 2023, eyes strategic growth

Seacoast Banking Corporation of Florida's Q1 2023 showcased strong financial performance, solid asset quality, and a strategic acquisition. While facing challenges in NIM and loan growth, the bank's focus on quality and capital strength positions it well for future opportunities.

Seacoast Banking Corp posts strong Q2 results, eyes M&A opportunities

Seacoast Banking Corporation of Florida showcased strong performance and strategic initiatives in Q2 2023.
Despite challenges in net interest income and deposit growth, the bank is well-positioned for future opportunities.
Focused on optimizing earnings through interest rate swaps and managing loan betas for stable performance.
Anticipates stable performance in managing betas on incremental Fed hikes, with a focus on growth and efficiency.

Seacoast Banking Corporation reports resilient Q3 performance amidst industry challenges

Seacoast Banking Corporation navigated Q3 2023 with a focus on organic growth, expense reduction, and maintaining a strong capital position. Despite challenges in the yield curve and loan outstandings, the company is positioning itself for industry consolidation and future opportunities. By managing rate sensitivity and optimizing profitability, Seacoast aims to drive performance and growth.

Seacoast Banking Corporation posts solid Q4 performance amidst growth opportunities

Seacoast Banking Corporation of Florida's Q4 2023 earnings call highlighted strong financial performance, capital strength, and customer growth. The company's focus on efficiency and conservative balance sheet principles bodes well for long-term value creation.
Despite challenges such as higher insurance costs and declining deposit balances, Seacoast remains well-positioned to capitalize on opportunities like market improvements and proactive borrower measures.
With a solid foundation in place and a strategic approach to growth, Seacoast is poised to navigate challenges and leverage opportunities for sustained success in the future.

Seacoast Banking Corp posts solid Q1 results amidst revenue challenges

Seacoast Banking Corporation of Florida (SBCF) showcased a strong quarter with solid financial performance and a focus on asset quality.
While facing challenges in net interest income and loan outstandings, the company is leveraging opportunities in noninterest income and commercial loan growth.
By maintaining disciplined expense management and focusing on revenue diversification, Seacoast aims to drive shareholder value and sustain performance.

Seacoast Banking Corporation excels in Q2, eyes Florida market dominance

Seacoast Banking Corporation's Q2 2024 earnings call showcased strong financial performance, cost efficiency improvements, and a commitment to a conservative balance sheet.
While facing challenges such as interest rate management and competitive pressures, the company remains optimistic about growth opportunities in the Florida market.
With a focus on enhancing profitability and capitalizing on its strengths, Seacoast is poised to navigate challenges and drive sustainable growth in the upcoming quarters.

Seacoast Banking Corp reports robust Q3 performance and eyes growth opportunities

Seacoast Banking Corp of Florida delivered a strong Q3 performance driven by growth in key financial metrics and operational focus.
The company's solid capital ratios, commitment to a conservative balance sheet, and strategic priorities position it well for future growth.
While facing challenges in managing margins and strategic decisions, Seacoast remains poised to capitalize on opportunities for expansion.

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Seacoast Banking's (SBCF) deal to acquire Legacy Bank will further strengthen its position in Florida and be accretive to earnings.

Seacoast Banking (SBCF) to Acquire Legacy Bank of Florida

Significantly Expands Seacoast's Presence in the Dynamic Palm Beach and Broward County Marketplaces Significantly Expands Seacoast's Presence in the Dynamic Palm Beach and Broward County Marketplaces

Seacoast Announces the Acquisition of Legacy Bank of Florida

Seacoast Banking Corporation of Florida (SBCF) CEO Dennis Hudson on Q4 2020 Results - Earnings Call Transcript

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 14.58% and 0.70%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Seacoast Banking (SBCF) Q4 Earnings and Revenues Beat Estimates

Shares of Seacoast Banking (NASDAQ:SBCF) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 5.77% year over year to $0.55, which beat the estimate of $0.48.

Seacoast Banking: Q4 Earnings Insights

Record Net Income of $29.3 million Increasing 30% Quarter-over-Quarter Record Net Income of $29.3 million Increasing 30% Quarter-over-Quarter

Seacoast Reports Fourth Quarter and Full Year 2020 Results

Seacoast Banking Corporation of Florida to Announce Fourth Quarter Earnings Results January 28, 2021

~ Charles Shaffer promoted to chief executive officer ~

Seacoast Banking Corporation of Florida Implements CEO Succession Plan

STUART, Fla., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) announced that its Board of Directors (the “Board”) has adopted a share repurchase program. Under the repurchase program, which will expire on December 31, 2021, the Company may repurchase, from time to time, up to $100 million of its shares of common stock, representing approximately 6.1% of the Company's outstanding common stock as of December 16, 2020.

Seacoast Banking Corporation of Florida Announces Share Repurchase Program

Seacoast Banking Corporation of Florida (SBCF) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Seacoast Banking Corporation of Florida (SBCF)

STUART, Fla., Nov. 23, 2020 /PRNewswire/ -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF) has been named to Fortune Magazine's 100 Fastest-Growing Companies for the third consecutive year. Seacoast Bank is one of only four companies in Florida, and the only financial institution...

Seacoast Bank Named to Fortune's '100 Fastest-Growing Companies' List for Third Consecutive Year

Seacoast Banking Corporation of Florida's (SBCF) CEO Dennis Hudson on Q3 2020 Results - Earnings Call Transcript

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 19.05% and -4.78%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Seacoast Banking (SBCF) Beats Q3 Earnings Estimates

Focus on Growing Noninterest Income Delivers Record Results in Mortgage Banking,

Seacoast Reports Third Quarter 2020 Results

Seacoast Banking Corporation of Florida to Announce Third Quarter Earnings Results October 27, 2020

Seacoast Banking (SBCF) expands presence in Florida with the acquisition of Fourth Street in an all-stock deal worth $41.7 million.

Seacoast Banking Acquires Fourth Street, Expands in Florida

Seacoast expands its position in one of the fastest growing markets in Florida Seacoast expands its position in one of the fastest growing markets in Florida

Seacoast Completes Acquisition of Fourth Street Banking Company

Hires Richard Raiford as Chief Credit Officer; Appoints David Houdeshell as Director of Credit Analytics and Policy

Seacoast Banking Corporation of Florida Announces Management Appointments Expanding Its Credit and Analytics Function

Seacoast Banking Corporation of Florida (SBCF) CEO Dennis Hudson on Q2 2020 Results - Earnings Call Transcript

Seacoast Banking (SBCF) delivered earnings and revenue surprises of 50.00% and 5.36%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Seacoast Banking (SBCF) Surpasses Q2 Earnings and Revenue Estimates

Shares of Seacoast Banking (NASDAQ:SBCF) moved higher by 0.75% in after-market trading after the company reported Q2 results.

Recap: Seacoast Banking Q2 Earnings

Second Consecutive Quarter of Record Results in Mortgage Banking and Wealth Management

Seacoast Reports Second Quarter 2020 Results

PNC Financial Services

While there may not be a ton of banks fetching a premium right now, bank M&A can still create value.

Look for Acquisition Targets as Bank M&A Activity Picks Up

STUART, Fla., July  13, 2020  (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (the “Company” or “Seacoast”) today announced it has hired Austen Carroll as executive vice president and chief lending officer. In his newly-created role, Carroll will lead the commercial banking division at Seacoast. Additionally, Julie Kleffel, the Company’s current community banking executive and central Florida market president has been promoted to chief banking officer of the Company.

Seacoast Banking Corporation of Florida Announces  New Hire, Austen Carroll, to Lead Commercial Banking; Julie Kleffel Promoted to Chief Banking Officer

Charles Shaffer promoted to president and COO; to become CEO in December 2020  Tracey Dexter promoted to executive vice president and CFO

News for Seacoast Banking Corporation of Florida Stock (SBCF)