OverviewSuggest Edit

Seacoast Banking Corporation of Florida is a bank holding company. The Company's principal subsidiary is Seacoast National Bank, a national banking association (the Bank). The Company, through its bank subsidiary, provides a range of community banking services to commercial, small business and retail customers, offering a range of transaction and savings deposit products, treasury management services, brokerage, and secured and unsecured loan products, including revolving credit facilities, letters of credit and similar financial guarantees, and asset based financing.

TypePublic
Founded1926
HQStuart, FL, US
Websiteseacoastbank.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2019)867(-3%)
Revenue (FY, 2020)$274.4 M(+384%)
Share Price (Nov 2021)$37.2(-2%)
Cybersecurity ratingBMore
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Seacoast Banking Corporation of Florida Office Locations

Seacoast Banking Corporation of Florida has offices in Stuart, Apopka, Boca Raton, Boynton Beach and in 20 other locations
Stuart, FL, US (HQ)
815 S Colorado Ave
Show all (24)

Seacoast Banking Corporation of Florida Financials and Metrics

Seacoast Banking Corporation of Florida Revenue

Seacoast Banking Corporation of Florida's revenue was reported to be $274.43 m in FY, 2020
USD

Revenue (Q2, 2021)

15.3m

Net income (Q2, 2021)

31.4m

Market capitalization (12-Nov-2021)

2.2b

Closing stock price (12-Nov-2021)

37.2

Cash (30-Jun-2021)

1.4b
Seacoast Banking Corporation of Florida's current market capitalization is $2.2 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

19.6m27.8m24.7m25.2m32.6m37.8m58.5m238.5m56.7m274.4m

Revenue growth, %

49%41%25%

Sales and marketing expense

3.1m

R&D expense

7.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

4.5m4.8m8.3m8.8m5.7m6.0m6.4m6.4m5.6m5.9m6.5m7.3m8.8m8.2m8.7m9.2m10.0m9.9m10.5m11.4m12.3m12.7m12.3m12.8m13.6m13.9m64.6m67.3m65.8m17.7m15.3m

Sales and marketing expense

1.2m

R&D expense

4.4m2.8m4.5m

Operating expense total

16.0m12.1m9.7m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

6.7m(710.0k)29.2m42.9m67.3m98.7m77.8m

Depreciation and Amortization

2.8m2.8m4.9m6.4m6.4m6.0m

Cash From Operating Activities

23.7m(2.1m)49.9m21.9m23.0m66.0m48.9m129.6m117.7m60.7m

Cash From Investing Activities

(180.9m)(28.4m)(89.2m)(295.1m)(164.4m)(511.8m)(245.6m)(174.6m)(321.3m)(342.5m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

1.5m4.1m938.0k(1.4m)(950.0k)2.0m5.0m50.1m2.3m4.2m7.2m5.9m11.7m16.1m4.0m9.3m18.4m7.9m15.6m29.8m18.0m35.0m51.3m22.7m46.0m71.6m709.0k25.8m48.4m33.7m65.1m

Depreciation and Amortization

1.5m2.2m668.0k1.3m2.1m669.0k1.3m2.0m1.0m2.1m3.2m(113.0k)714.0k827.0k827.0k1.1m1.9m1.6m2.2m3.6m1.2m3.1m4.7m1.7m3.3m4.9m1.5m3.0m4.5m1.4m2.8m

Cash From Operating Activities

20.2m18.9m1.7m4.1m2.2m16.7m27.1m45.9m5.8m2.8m6.7m3.0m12.6m27.0m15.7m25.7m40.9m16.8m26.1m48.4m53.9m82.9m106.2m20.1m49.4m75.3m24.7m30.4m18.3m47.1m81.7m

Purchases of PP&E

(1.3m)
USDQ2, 2011

Financial Leverage

12.2 x
Show all financial metrics

Seacoast Banking Corporation of Florida Operating Metrics

Seacoast Banking Corporation of Florida's Total Loans was reported to be $3.3b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

434347

Non-accrual Loans

$21.14 m$21.06 m$19.6 m$17.11 m$17.39 m$15.59 m$15.28 m$18.44 m$18.07 m$16.99 m$16.98 m

Total Loans

$1.82 b$1.85 b$1.94 b$2.1 b$2.16 b$2.46 b$2.62 b$2.77 b$2.88 b$2.97 b$3.33 b
Show all operating metrics

Seacoast Banking Corporation of Florida Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Seacoast Banking Corporation of Florida Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Seacoast Banking Corporation of Florida Online and Social Media Presence

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Seacoast Banking Corporation of Florida News and Updates

Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

STUART, Fla., July 21, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 20, 2021, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.13 per share…

Seacoast Banking Corporation of Florida Announces Share Repurchase Program

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…

Seacoast Banking Corporation of Florida Blogs

How to Prepare Financially for a Hurricane

When you prepare for a hurricane, you secure your home, gather supplies, review your evacuation plan, prepare an emergency kit, and alert your friends and family. However, one thing that’s often overlooked is preparing for the financial impact of a hurricane. Making financial preparation…

4 Expert Financial Planning Tips for Retirement

Saving for retirement … we’re encouraged to start investing in our 20s, but are we doing it right?

“Love It or List It”: The Benefits of a HELOC vs. a Home Mortgage

Homeowners across Florida are reaping the benefits of historically low mortgage rates and the current seller’s real estate market. With the prospect of securing interest rates near 3% – rates unseen in over half a century – many homeowners are determining whether to love it or list it. H…

How HELOC Renovation Financing Can Help Make Your Dream Home a Reality

Found yourself fantasizing about all the ways you could “fix up” your home lately? You’re not alone.

Surviving Market Volatility - Planning For Ups and Downs

Market Volatility has the potential to erode your net worth. You can take steps now to help insulate your wealth against future market fluctuations.

Surviving Market Volatility During COVID-19: Retirement Planning Tips

During this time, it may be somewhat comforting to remember that you are not alone. Everyone is wondering what the immediate future holds for the impact of the COVID-19 virus. Everyone else has the same fears and anxiety that you are feeling right now.
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Seacoast Banking Corporation of Florida Frequently Asked Questions

  • When was Seacoast Banking Corporation of Florida founded?

    Seacoast Banking Corporation of Florida was founded in 1926.

  • How many employees does Seacoast Banking Corporation of Florida have?

    Seacoast Banking Corporation of Florida has 867 employees.

  • What is Seacoast Banking Corporation of Florida revenue?

    Latest Seacoast Banking Corporation of Florida annual revenue is $274.4 m.

  • What is Seacoast Banking Corporation of Florida revenue per employee?

    Latest Seacoast Banking Corporation of Florida revenue per employee is $316.5 k.

  • Who are Seacoast Banking Corporation of Florida competitors?

    Competitors of Seacoast Banking Corporation of Florida include ASB Bank, HomeStreet and Tangerine.

  • Where is Seacoast Banking Corporation of Florida headquarters?

    Seacoast Banking Corporation of Florida headquarters is located at 815 S Colorado Ave, Stuart.

  • Where are Seacoast Banking Corporation of Florida offices?

    Seacoast Banking Corporation of Florida has offices in Stuart, Apopka, Boca Raton, Boynton Beach and in 20 other locations.

  • How many offices does Seacoast Banking Corporation of Florida have?

    Seacoast Banking Corporation of Florida has 24 offices.