Seacoast Banking Corporation of Florida (SBCF)

In the past six months, Seacoast Banking Corp. of Florida reported third-quarter 2025 results with an EPS of $0.52, surpassing estimates, and revenue of $158.57 million, also exceeding estimates. The stock reached a 52-week high following these results. Seacoast announced the renewal of its share repurchase program for up to $150 million and increased its quarterly dividend to $0.19 per share. Analysts have given SBCF an average recommendation of "Hold," with some increasing target prices. The stock has shown a 3.5% year-to-date return and a 30.7% total shareholder return over the past year as of January 12, 2026.

Seacoast Banking Corp. of Florida anticipates some seasonal outflows in deposits during the second quarter, but generally expects low to mid-single-digit deposit growth for the full year 2025. Management anticipates mid to high single-digit loan growth for the full year 2025, contingent on the economic environment. The company's customer base, particularly its focus on affluent retirees and remote professionals in Florida, and small to medium-sized enterprises (SMEs) in sectors like commercial real estate, healthcare, and professional services, may influence demand patterns. The growth in Florida's affluent retiree and remote professional segments, which grew by 18% since 2021, directly impacts the demand for Seacoast's services. The bank's largest loan growth driver, SMEs, accounted for over 60% of its total loan portfolio and experienced a 22% year-over-year growth in banking relationships through 2024, spurred by Florida's post-2020 business influx.

Seacoast Banking Corporation of Florida (SBCF) is a financial holding company engaged in community banking through Seacoast National Bank. It operates in the Banks - Regional industry, offering deposit accounts, loans, wealth management, mortgage banking, insurance, treasury management, brokerage services, and credit facilities. Seacoast provides mobile and online banking solutions alongside its branch network.

Seacoast Banking Corp. of Florida's market presence is concentrated in Florida. Headquartered in Stuart, Florida, it operates over 77 full-service branches across the state, serving diverse customer bases in high-growth communities. Its offices stretch from the southeast to the Daytona area, into Orlando and Central Florida, the Tampa market, and west to Okeechobee and surrounding counties. The company is expanding its branch footprint in markets like Fort Lauderdale and Tampa and operates ATMs at Publix supermarkets.

In the past year, Seacoast Banking Corp. of Florida's brand reputation has been supported by its well-executed strategy and strong financial profile. In September 2024, KBRA affirmed its ratings for Seacoast Banking Corporation of Florida, with a Stable Outlook for all long-term ratings. KBRA highlighted the company's evolution into a leading community/regional bank franchise in Florida, its significant growth coinciding with a strong financial profile, solid core earnings, a favorable funding profile, and strong core capital metrics. The company's asset quality trends have been consistent with modest credit normalization seen within the broader industry, with non-performing assets remaining at relatively low levels.

The ownership structure of Seacoast Banking Corp. of Florida is a mix of institutional, retail, and individual investors. Approximately 68.47% of the company's stock is owned by Institutional Investors, 1.66% by Insiders, and 29.87% by Public Companies and Individual Investors. Major institutional holders include iShares, Vanguard, Vanguard Index Funds, SPDR, Dfa Investment Dimensions Group Inc., Franklin Value Investors Trust, Chuck Royce, American Beacon Funds, Dimensional, and Royce Fund. Other significant institutional holders include BlackRock, Inc., State Street Global Advisors, Inc., Wellington Management Group LLP, North Reef Capital Management LP, and Dimensional Fund Advisors LP.