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
![Seacoast Banking Corp. Of Florida logo](https://files.capedge.com/8-K/0001144204-18-023911/image_001.jpg)
Company profile
Ticker
SBCF
Exchange
Website
CEO
Dennis Hudson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
South Branch Building, Inc. • Syracuse Holdings, Inc. • Seacoast Insurance Services, Inc. • Seacoast Real Estate Investment Trust, Inc. • TC Property Venture II, LLC • Nature Coast Insurance, Inc. • Bankers Title of the Nature Coast, Inc. • Corkdale Enterprises, LLC • Finactory, LLC ...
IRS number
592260678
SBCF stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
3 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
22 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Investor Presentation First Quarter 2024 2024
1 May 24
8-K
Seacoast Reports First Quarter 2024 Results
25 Apr 24
ARS
2023 FY
Annual report to shareholders
9 Apr 24
DEF 14A
Definitive proxy
8 Apr 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Investor Presentation Fourth Quarter and Full Year 2023
14 Feb 24
8-K
Departure of Directors or Certain Officers
30 Jan 24
Transcripts
SBCF
Earnings call transcript
2024 Q1
26 Apr 24
SBCF
Earnings call transcript
2023 Q4
26 Jan 24
SBCF
Earnings call transcript
2023 Q3
27 Oct 23
SBCF
Earnings call transcript
2023 Q2
28 Jul 23
SBCF
Earnings call transcript
2023 Q2
28 Jul 23
SBCF
Earnings call transcript
2023 Q1
28 Apr 23
SBCF
Earnings call transcript
2022 Q4
27 Jan 23
SBCF
Earnings call transcript
2022 Q3
28 Oct 22
SBCF
Earnings call transcript
2022 Q2
30 Jul 22
SBCF
Earnings call transcript
2022 Q1
29 Apr 22
Latest ownership filings
3
Eduardo J Arriola
14 Jun 24
144
Notice of proposed sale of securities
6 May 24
4
JAMES C STALLINGS III
6 May 24
4/A
Austen Carroll
19 Apr 24
4/A
Juliette Kleffel
19 Apr 24
4
H GILBERT CULBRETH JR
12 Apr 24
4
JOSEPH B SHEAROUSE III
12 Apr 24
4
TRACEY DEXTER
12 Apr 24
4
Juliette Kleffel
12 Apr 24
4
Charles M Shaffer
12 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
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) | 682.72 mm | 682.72 mm | 682.72 mm | 682.72 mm | 682.72 mm | 682.72 mm |
Cash burn (monthly) | (no burn) | 9.04 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 24.07 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 658.65 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 72.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
81.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 230 |
Opened positions | 198 |
Closed positions | 4 |
Increased positions | 9 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 1.60 tn |
Total shares | 69.14 mm |
Total puts | 2.00 k |
Total calls | 14.20 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 12.47 mm | $316.65 bn |
Vanguard | 6.29 mm | $159.58 bn |
Wellington Management | 4.36 mm | $110.73 bn |
STT State Street | 4.15 mm | $105.36 bn |
North Reef Capital Management | 4.14 mm | $104.99 bn |
WHG Westwood | 3.12 mm | $79.27 mm |
Dimensional Fund Advisors | 2.97 mm | $75.51 bn |
BEN Franklin Resources | 2.33 mm | $59.26 bn |
BK Bank Of New York Mellon | 2.18 mm | $55.28 bn |
Segall Bryant & Hamill | 1.97 mm | $49.97 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 May 24 | James C Stallings Iii | Common Stock | Sell | Dispose S | No | No | 24.4368 | 3,855 | 94.20 k | 0 |
10 Apr 24 | Culbreth H Gilbert JR | Common Stock | Grant | Acquire A | No | No | 24.04 | 467 | 11.23 k | 38,007.59 |
1 Apr 24 | James C Stallings Iii | Common Stock | Grant | Acquire A | No | No | 24.76 | 10,722 | 265.48 k | 10,722 |
1 Apr 24 | James C Stallings Iii | Common Stock | Payment of exercise | Dispose F | No | No | 24.76 | 266 | 6.59 k | 2,482 |
1 Apr 24 | James C Stallings Iii | Common Stock | Payment of exercise | Dispose F | No | No | 24.76 | 944 | 23.37 k | 3,961 |
1 Apr 24 | Austen Carroll | Common Stock | Grant | Acquire A | No | No | 24.76 | 18,527 | 458.73 k | 18,527 |
1 Apr 24 | Austen Carroll | Common Stock | Payment of exercise | Dispose F | No | No | 24.76 | 173 | 4.28 k | 0 |
1 Apr 24 | Austen Carroll | Common Stock | Payment of exercise | Dispose F | No | No | 24.76 | 309 | 7.65 k | 1,238 |
1 Apr 24 | Austen Carroll | Common Stock | Payment of exercise | Dispose F | No | No | 24.76 | 390 | 9.66 k | 3,545 |
News
Key Takeaways From Seacoast Banking Analyst Ratings
31 May 24
Keefe, Bruyette & Woods Upgrades Seacoast Banking to Outperform, Raises Price Target to $27
31 May 24
Keefe, Bruyette & Woods Maintains Market Perform on Seacoast Banking, Lowers Price Target to $26
2 May 24
Truist Securities Maintains Hold on Seacoast Banking, Lowers Price Target to $25
29 Apr 24
Seacoast Banking Q1 2024 Adj EPS $0.37 Beats $0.35 Estimate, Sales $125.575M Miss $127.744M Estimate
25 Apr 24