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Seacoast Banking Corporation Of Florida  (SBCF)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Seacoast Banking Corporation Of Florida

SBCF's Financial Statements and Analysis



Seacoast Banking Corporation Of Florida reported in the forth quarter of 2023 net earnings per share of $0.27 a decrease by -14.23 % year on year from $0.32 and decline of -26.82 % from $0.37 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.27 $  124 Mill
$-0.05     -14.23 % $+1M     +0.76 %



Seacoast Banking Of Florida's Revenue rose by 0.76 % in forth quarter of 2023 (Dec 31 2023) year on year, to $124 million and declined by -7.62 % sequentially.


Seacoast Banking Of Florida is

More on SBCF's Income Statement



Seacoast Banking Of Florida's net income of $29.543 million in the forth quarter of 2023 increased by 23.47 % from net earnings of $23.927 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -5.96 % from net income of $31.414 million realized in previous quarter.

More on SBCF's Growth

Seacoast Banking Of Florida Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-249 million


Seacoast Banking Corporation Of Florida does not pay out common stock dividend.

In trailing twelve-month period Seacoast Banking Corporation Of Florida earned $ 1.78 cash per share, on a free-cash flow basis 153.51 % of net earning per share.

Book value grew by 4.24 % sequentially to $24.92 per share, -11.57% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 15.13 per share from $ 14.17.

Company repurchased 1.09 million shares or 1.27 % in Dec 31 2023.
Interest Coverage Ratio was 1.67. Debt Coverage Ratio was 0.82.

More on SBCF's Dividends

 Market Capitalization (Millions) 2,028
 Shares Outstanding (Millions) 85
 Total Debt (Millions $) 481
 Revenue (TTM) (Millions $) 530
 Net Income (TTM) (Millions $) 104
 Cash Flow (TTM) (Millions $) 245
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 665




Seacoast Banking Corporation Of Florida does not pay out common stock dividend.

In trailing twelve-month period Seacoast Banking Corporation Of Florida had $ 1.78 cash flow per share, on a free-cash flow basis 153.51 % of net earning per share.

Book value grew by 4.24 % sequentially to $24.92 per share, -11.57% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 15.13 per share from $ 14.17.

Company repurchased 1.09 million shares or 1.27 % in Dec 31 2023.
Interest Coverage Ratio was 1.67. Debt Coverage Ratio was 0.82.

More on SBCF's Balance Sheets

 Market Capitalization (Millions) 2,028
 Shares Outstanding (Millions) 85
 Total Debt (Millions $) 481
 Revenue (TTM) (Millions $) 530
 Net Income (TTM) (Millions $) 104
 Cash Flow (TTM) (Millions $) 245
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 665
   


  News about Seacoast Banking Corporation Of Florida Earnings

Regional Banks Company Sees -14.23% Deterioration in Earnings per Share Throughout Recent Fiscal Period

Despite the recent decline in share prices, Seacoast Banking Corporation of Florida (Seac...

Seacoast Banking Corporation of Florida Shows Strong Revenue Growth Despite EPS Decline in Q3 2023 Earnings Season

Seacoast Banking Corporation of Florida recently announced its earnings for the third quarter of 2023, revealing a decrease in income per share compared to the same period last year. Despite this decrease, the company saw a significant rise in revenue during this period, outperforming its industry peers. The company's net earnings also increased by 7.45% from the previous year.
During the third quarter of 2023, Seacoast Banking Corporation of Florida focused on improving sales, which resulted in a net margin of 23.37%. Operating earnings also improved by 5.57% to $40.49 million. These positive developments demonstrate the company's dedication to generating consistent cash flows and rewarding its sharehol...

Seacoast Banking Corporation Of Florida Powers Through Second Quarter with Impressive Revenue Growth Despite Income Dip

Seacoast Banking Corporation Of Florida (SBCF) recently released its financial results for the quarter ending June 30, 2023. The company reported a decrease in income per share, but saw a significant increase in revenue compared to the same period last year. These numbers provide valuable insights into the company's performance and future prospects.
In terms of income per share, SBCF reported $0.37 for the quarter, a decline from $0.53 in the second quarter of 2022. This drop can be attributed to various factors, including changes in market conditions and expenses incurred by the company. However, it is worth noting that the company's revenue increased by an impressive 52.679% during the same period, ind...

Improved Headline: Seacoast Banking Corporation Of Florida Reports Impressive 42.958% Revenue Surge in Q1 2023, Though Earnings Per Share Decline Steeply

Seacoast Banking Corporation Of Florida recently announced its first quarter 2023 earnings per share of $0.15 and Revenue of $123.23 million. While the company saw a significant increase in revenue of 42.958% in the corresponding period, their earnings per share plummeted to $0.15 per share, versus $0.33 EPS earned in the first quarter of 2022.
Despite the significant revenue increase, the bottom line of $11.827 million in the January to March 31 2023 span fell by -42.55% from $20.588 million in the corresponding period a year before. Seacoast Banking Corporation Of Florida has shifted its focus to improving sales in the January to March 31 2023 span, and as a result, the net margin eased to 9.69%. Opera...


Date modified: 2024-02-28T17:07:34+00:00





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