Seacoast Banking Corporation of Florida

Since its original charter in 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth, and talented, professional employees. The operating subsidiary of Seacoast Banking Corporation of Florida and is one of the largest publicly traded commercial banks headquartered in Florida. Our offices stretch from Palm Beach County north through the Treasure Coast and in to Orlando, and west to Okeechobee and surrounding counties. Headquartered in Stuart, Florida, Seacoast Bank is unrivaled among community banks and state wide regional banks alike. We combine the service-oriented advantages of a community bank with local decision making, a quality credit culture and the conveniences and sophisticated services and products of a national financial institution, delivered by highly qualified and professional employees. It's what we believe people want; local bankers who are knowledgeable about the markets they serve and are responsive to the needs of our customers. Everything we do is based upon core beliefs that are summarized in our “4 Promises”. We promise to: •Get you comfortable with the right products and the right team to serve you •Make your day-to-day banking simple •Resolve out-of-the-ordinary items responsively • Invest in you and your community
Company Growth (employees)
Type
Public
HQ
Stuart, US
Founded
1926
Size (employees)
725 (est)
Seacoast Banking Corporation of Florida was founded in 1926 and is headquartered in Stuart, US

Seacoast Banking Corporation of Florida Office Locations

Seacoast Banking Corporation of Florida has offices in Stuart, Tampa, St. Petersburg, Apopka and in 20 other locations
Stuart, US (HQ)
815 S Colorado Ave
Show all (24)

Seacoast Banking Corporation of Florida Financials and Metrics

Seacoast Banking Corporation of Florida Financials

Seacoast Banking Corporation of Florida's revenue was reported to be $185.9 m in FY, 2016
USD

Net income (Q3, 2017)

14.2 m

EBIT (Q3, 2017)

45.1 m

Market capitalization (13-Dec-2017)

1.1 b

Cash (30-Sep-2017)

125.3 m
Seacoast Banking Corporation of Florida's current market capitalization is $1.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

70.8 m105.5 m149 m185.9 m

Revenue growth, %

49%41%25%

Cost of goods sold

6.9 m8.5 m

Gross profit

142.1 m177.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

24.5 m23.1 m23.9 m25 m34.6 m36.2 m39.1 m40.9 m45.7 m49.6 m50.7 m57.9 m

Cost of goods sold

1.4 m1.3 m1.3 m1.3 m1.6 m1.7 m1.8 m1.9 m2.1 m2.2 m2.6 m3.2 m

Gross profit

23.2 m21.8 m22.6 m23.7 m33 m34.5 m37.3 m38.9 m43.7 m47.4 m48.1 m54.6 m

Gross profit Margin, %

94%94%95%95%95%95%95%95%95%96%95%94%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

191.6 m100.5 m136.1 m109.6 m

Accounts Receivable

16 k

Inventories

2.9 b

Goodwill

25.3 m25.2 m64.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

108.4 m218.8 m154 m58.9 m199.9 m94.7 m100.6 m148.6 m126.8 m167.4 m144.8 m108.2 m125.3 m

Inventories

1.3 b1.3 b1.3 b1.4 b1.9 b1.9 b2.1 b2.5 b2.6 b2.8 b3 b3.3 b

Goodwill

25.2 m25.2 m25.9 m55.2 m64.1 m64.6 m64.6 m101.7 m101.7 m

Total Assets

2.1 b2.3 b3.2 b3.2 b3.4 b4 b4.4 b4.5 b4.8 b5.3 b5.3 b
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    52 m5.7 m22.1 m29.2 m

    Depreciation and Amortization

    5.1 m

    Cash From Operating Activities

    49.9 m21.9 m23 m66 m

    Purchases of PP&E

    (230.1 m)(280.1 m)(159.6 m)(297.7 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    45.1 m2.3 m1.9 m3 m5.9 m11.7 m16.1 m4 m9.3 m18.4 m7.9 m15.6 m14.2 m

    Depreciation and Amortization

    1.7 m2.7 m1.1 m2.2 m3.8 m1.3 m2.7 m

    Cash From Operating Activities

    12.6 m27 m15.7 m25.7 m40.9 m16.8 m26.1 m

    Purchases of PP&E

    (81.9 m)(150 m)(159.6 m)(11.1 m)(142.1 m)
      Y, 2017

      Financial Leverage

      9 x
      Show all financial metrics

      Seacoast Banking Corporation of Florida Operating Metrics

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

      Bank Branches

      434347

      Total Loans Issued

      $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

      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
      Show all operating metrics

      Seacoast Banking Corporation of Florida Market Value History

      Seacoast Banking Corporation of Florida's Web-traffic and Trends

      Seacoast Banking Corporation of Florida Online and Social Media Presence

      Seacoast Banking Corporation of Florida Company Life and Culture

      You may also be interested in