Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $8.3 billion in assets and $6.9 billion in deposits as of December 31, 2020. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 51 traditional branches of its locally-branded, wholly-owned subsidiary bank, Seacoast Bank. Offices stretch from Fort Lauderdale, Boca Raton and West Palm Beach north through the Daytona Beach area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties.

Company profile
Ticker
SBCF
Exchange
Website
CEO
Dennis Hudson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
South Branch Building, Inc. • TC Property Venture, LLC • Syracuse Holdings, Inc. • Seacoast Insurance Services, Inc. • Seacoast Real Estate Investment Trust, Inc • TC Property Venture II, LLC • SB Park Venture, LLC ...
IRS number
592260678
SBCF stock data
News

Why Karuna Therapeutics Jumped Around 72%; Here Are 96 Biggest Movers From Yesterday
9 Aug 22
Why CinCor Pharma Is Trading Higher By 63%, Here Are 79 Stocks Moving In Monday's Mid-Day Session
8 Aug 22
NVIDIA, Tyson Foods, BioNTech And Some Other Big Stocks Moving Lower On Monday
8 Aug 22
Seacoast Announces Agreement To Acquire Professional Holding Corp.; Transaction Valued At ~$488.6M
8 Aug 22
Recap: Seacoast Banking Q2 Earnings
28 Jul 22
Press releases
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates GBT, AVLR, CYBE, SBCF
15 Aug 22
Lifshitz Law PLLC Announces Investigations of SBTX, HNGR, PBFX, and SBCF
13 Aug 22
PROFESSIONAL HOLDING CORP. INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Professional Holding Corp. - PFHD
11 Aug 22
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates GBT, AVLR, CYBE, SBCF
11 Aug 22
Lifshitz Law PLLC Announces Investigations of SBTX, HNGR, PBFX, and SBCF
10 Aug 22
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
4 Aug 22
16 Aug 22
31 Dec 22
Financial summary
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Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 901.37M | 901.37M | 901.37M | 901.37M | 901.37M | 901.37M |
Cash burn (monthly) | 107.05M | 45.62M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 168.21M | 71.69M | n/a | n/a | n/a | n/a |
Cash remaining | 733.15M | 829.68M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.8 | 18.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Jul 22 | Dennis J Arczynski | Common Stock | Grant | Acquire A | No | No | 35.78 | 1,747 | 62.51K | 5,476 |
29 Jul 22 | Jacqueline Lynette Bradley | Common Stock | Grant | Acquire A | No | No | 35.78 | 1,747 | 62.51K | 18,726.511 |
29 Jul 22 | Crook Michael | Common Stock | Grant | Acquire A | No | No | 35.78 | 873 | 31.24K | 873 |
29 Jul 22 | Crook Michael | Common Stock | Grant | Acquire A | No | No | 35.78 | 874 | 31.27K | 60,794.164 |
29 Jul 22 | Culbreth H Gilbert JR | Common Stock | Grant | Acquire A | No | No | 35.78 | 1,747 | 62.51K | 30,765.585 |
29 Jul 22 | Daum Julie H | Common Stock | Grant | Acquire A | No | No | 35.78 | 1,747 | 62.51K | 32,928.799 |
Institutional ownership, Q1 2022
82.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 214 |
Opened positions | 25 |
Closed positions | 18 |
Increased positions | 88 |
Reduced positions | 59 |
13F shares | Current |
---|---|
Total value | 1.78B |
Total shares | 50.87M |
Total puts | 0 |
Total calls | 6K |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.82M | $308.85M |
Capital World Investors | 4.16M | $145.58M |
Vanguard | 3.75M | $131.32M |
STT State Street | 3.04M | $106.56M |
Dimensional Fund Advisors | 1.74M | $60.81M |
Fred Alger Management | 1.71M | $59.8M |
WHG Westwood | 1.67M | $58.37M |
Segall Bryant & Hamill | 1.59M | $55.83M |
TROW T. Rowe Price | 1.58M | $55.4M |
BK Bank Of New York Mellon | 1.48M | $51.95M |
Financial report summary
?Competition
Orange.Management Discussion
- For the second quarter of 2022, the Company reported net income of $32.8 million, or $0.53 per average diluted share, compared to $20.6 million, or $0.33 per average diluted share, for the first quarter of 2022 and $31.4 million, or $0.56 per average diluted share, for the second quarter of 2021. For the six months ended June 30, 2022, net income totaled $53.3 million, or $0.86 per average diluted share, a decrease of $11.8 million, or 18%, compared to the six months ended June 30, 2021. Adjusted net income1 for the second quarter of 2022 totaled $36.3 million, or $0.59 per average diluted share, compared to $27.1 million, or $0.44 per average diluted share, for the first quarter of 2022 and $33.3 million, or $0.59 per average diluted share, for the second quarter of 2021. For the six months ended June 30, 2022, adjusted net income1 totaled $63.4 million, or $1.03 per average diluted share, compared to $68.7 million, or $1.23 per average diluted share for the six months ended June 30, 2021.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
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Legalese | ||
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Readability |
H.S. sophomore Avg
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New words:
ATM, conflict, elevated, focused, maintenance, recession, recruiting, refund, write
Removed:
mobile, nominal, offer, overnight, platform, retain
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
11 Aug 22
8-K
Other Events
8 Aug 22
8-K
Seacoast Reports Second Quarter 2022 Results
28 Jul 22
8-K
First Quarter 2022 INVESTOR PRESENTATION 20 22
24 May 22
8-K
Entry into a Material Definitive Agreement
10 May 22
8-K
Other Events
4 May 22
8-K
Seacoast Reports First Quarter 2022 Results
28 Apr 22
8-K
Entry into a Material Definitive Agreement
1 Apr 22
8-K
Other Events
29 Mar 22
8-K
Fourth Quarter 2021 INVESTOR PRESENTATION 20 21
13 Feb 22
Registration and prospectus
424B3
Prospectus supplement
11 Aug 22
425
Business combination disclosure
11 Aug 22
S-4/A
Registration of securities issued in business combination transactions (amended)
10 Aug 22
S-4
Registration of securities issued in business combination transactions
25 May 22
425
Business combination disclosure
10 May 22
425
Business combination disclosure
1 Apr 22
S-8
Registration of securities for employees
5 Jan 22
425
Business combination disclosure
18 Nov 21
424B3
Prospectus supplement
16 Nov 21
Other
EFFECT
Notice of effectiveness
12 Aug 22
EFFECT
Notice of effectiveness
16 Nov 21
CORRESP
Correspondence with SEC
14 Nov 21
EFFECT
Notice of effectiveness
5 Nov 21
CORRESP
Correspondence with SEC
3 Nov 21
UPLOAD
Letter from SEC
4 Oct 21
UPLOAD
Letter from SEC
4 Oct 21
EFFECT
Notice of effectiveness
18 Jun 21
CORRESP
Correspondence with SEC
14 Jun 21
UPLOAD
Letter from SEC
23 May 21
Ownership
4
SEACOAST BANKING CORP OF FLORIDA / THOMAS E ROSSIN ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / Alvaro Monserrat ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / Robert J Lipstein ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / DENNIS S HUDSON III ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / DALE M HUDSON ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / MARYANN GOEBEL ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / CHRISTOPHER E FOGAL ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / Julie H Daum ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / H GILBERT CULBRETH JR ownership change
2 Aug 22
4
SEACOAST BANKING CORP OF FLORIDA / MICHAEL CROOK ownership change
2 Aug 22
Transcripts
2022 Q2
Earnings call transcript
30 Jul 22
2022 Q1
Earnings call transcript
29 Apr 22
2021 Q4
Earnings call transcript
28 Jan 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
23 Jul 21
2021 Q1
Earnings call transcript
23 Apr 21
2020 Q4
Earnings call transcript
29 Jan 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
24 Jul 20
2020 Q1
Earnings call transcript
29 Apr 20
Reddit threads
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
Daily Discussion Thread - June 14th, 2022
14 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22