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SBCF

Seacoast Banking Corp. Of Florida

$35.38

Earnings Summary

Revenue
$98.61Mn
Net Profits
$32.76Mn
Net Profit Margins
33.22%
PE Ratio
19.07

Highlights

Revenue:

Seacoast Banking Corp. Of Florida’s revenue jumped 21.56% since last year same period to $98.61Mn in the Q2 2022. On a quarterly growth basis, Seacoast Banking Corp. Of Florida has generated 7.31% jump in its revenue since last 3-months.

Net Profits:

Seacoast Banking Corp. Of Florida’s net profit jumped 4.28% since last year same period to $32.76Mn in the Q2 2022. On a quarterly growth basis, Seacoast Banking Corp. Of Florida has generated 59.1% jump in its net profits since last 3-months.

Net Profit Margins:

Seacoast Banking Corp. Of Florida’s net profit margin fell -14.21% since last year same period to 33.22% in the Q2 2022. On a quarterly growth basis, Seacoast Banking Corp. Of Florida has generated 48.26% jump in its net profit margins since last 3-months.

PE Ratio:

Seacoast Banking Corp. Of Florida’s price-to-earnings ratio after this Q2 2022 earnings stands at 19.07.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Seacoast Banking Corp. Of Florida post its latest quarter earnings

EPS Estimate Current Quarter
0.56
EPS Estimate Current Year
0.56

Highlights

EPS Estimate Current Quarter:

Seacoast Banking Corp. Of Florida’s earning per share (EPS) estimates for the current quarter stand at 0.56 - a 3.7% jump from last quarter’s estimates.

EPS Estimate Current Year:

Seacoast Banking Corp. Of Florida’s earning per share (EPS) estimates for the current year stand at 0.56.

Key Ratios

Key ratios of the Seacoast Banking Corp. Of Florida post its Q2 2022 earnings

Earning Per Share (EPS)
0.53
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.56

Highlights

Earning Per Share (EPS):

Seacoast Banking Corp. Of Florida’s earning per share (EPS) fell -5.36% since last year same period to 0.53 in the Q2 2022. This indicates that the Seacoast Banking Corp. Of Florida has generated -5.36% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Seacoast Banking Corp. Of Florida’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Seacoast Banking Corp. Of Florida’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Seacoast Banking Corp. Of Florida declared 0.56 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.54
0.53
-1.85%
2022-05-06
0.42
0.33
-21.43%

Company Information

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.

Organisation
Seacoast Banking Corp. Of Florida
Headquarters
Stuart, Florida, US
Employees
965
Industry
Finance
CEO
Dennis Hudson