# Seacoast Banking Corporation of Florida (SBCF)

> Source: Nexqual · https://nexqual.com/SBCF · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Seacoast Banking Corporation of Florida (SBCF), nexqual.com/SBCF" · informational, not investment advice.

**Price:** USD 33.65 (+2.72% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 32.76 · day 32.5–33.66 · 52w 28.69–36.27 · market cap $3.26B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $733M, net income $162M (22.1% margin) (SEC filings).
- Valuation: P/E 20.1x (avg 20.6x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold SBCF (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.33 on a 1–5 scale) (6 analysts), mean target USD 36.71 (range 35.5–38.75).
- Total return with dividends: 1Y +14.4% vs S&P 500 +14.9%; 5Y +3.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 0.65, revenue estimate $217M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $347M | $432M | $567M | $515M | $653M | $733M |
| Net income | $124M | $107M | $104M | $121M | $145M | $162M |
| EPS (diluted) | $2.18 | $1.66 | $1.23 | $1.42 | $1.57 | — |
| Net margin | 35.9% | 24.6% | 18.3% | 23.5% | 22.2% | 22.1% |
| Revenue growth | +6.9% | +24.7% | +31.3% | -9.2% | +26.6% | — |
| Cash + short-term investments | $738M | $202M | $447M | $477M | $389M | — |
| Total debt | — | $84.5M | $106M | $107M | $113M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 20.1x · P/S 4.5x · P/B 1.2x · Earnings yield 4.98% · Buyback yield (TTM) 1.02%
P/E at fiscal year-ends: Dec 2025 19.3x, Dec 2024 19.4x, Dec 2023 23.1x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold SBCF. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.04% | $21.5M | Added +28.2% |

## Analysts
Consensus Buy (mean 2.33 on a 1–5 scale), 6 analysts; mean target USD 36.71 (low 35.5, high 38.75).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Raymond James | Target lowered | Outperform | $37 → $36 |
| 2026-07-30 | Piper Sandler | Target raised | Neutral | $34 → $35.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +14.4% | +3.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +14.4% | +0.7% |
| Volatility (annualized) | 24.1% | 29.8% |
| Max drawdown | -16.3% (Feb 2026→Mar 2026) | -49.9% (Jan 2022→May 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.95 -2.47% · FITB (Fifth Third Bancorp) USD 53.23 +0.80% · DB (Deutsche Bank AG) USD 31.48 -2.39% · TFC (Truist Financial Corporation) USD 48.42 +1.45% · NWG (NatWest Group plc) USD 16.99 -2.30% · NU (Nu Holdings Ltd.) USD 14.73 -2.13%

## More
Full page: https://nexqual.com/SBCF · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Company outlook (8-K filed 2026-07-28)

- "Exposure across industries and collateral types is broadly distributed. • Constr uction and land development and commercial real estate loans remain well below regulatory guidance as of June 30, 2026 at 40% and 230% of total bank-level risk-based capital 2 , respectively, compared to 35% and 224%, respectively, at March 31, 2026."
- "The Company believes a calculation presenting all convertible preferred shares as common provides useful supplemental information to the presentation of common share measures, as we anticipate they will be converted to common shares in the future. 7 In the fourth quarter of 2025, non-voting convertible preferred shares were issued in connection with the VBI acquisition."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.65 | $0.64 | +2.7% | $216.6M | 5 |
| Next quarter (ends 2026-12-31) | $0.67 | $0.65 | +2.3% | $219.6M | 4 |
| Current fiscal year (ends 2026-12-31) | $2.53 | $2.51 | +0.8% | $851.4M | 6 |
| Next fiscal year (ends 2027-12-31) | $2.76 | $2.71 | +1.7% | $902.5M | 5 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2027-03-19 (includes earnings 2026-10-27): ±13.4%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-03-19 | 147 | 30.0% | ±13.4% |