Lumida
/SBCF
⌘K
Seacoast Banking Corporation of Florida

Seacoast Banking Corporation of Florida

SBCF
$33.98USD+0.35%+0.12 today

MARKET CAP

3.3B

P/E (TTM)

21.5x

FWD P/E

DAY RANGE

$34 – $34

52W RANGE

$29
$36

AI Summary

Stalk
Buy NowMedium

SBCF is holding a pullback into the confluence of the rising 9/20 EMAs and the 50-day SMA, which has supported price and triggered a rebound. The medium-term uptrend remains intact above the 50-day and 200-day SMAs, while the short-term indicators align for a bullish entry. We will buy now on this pullback into EMA and SMA support, with medium-term structure favoring further upside.

  • Q2 net income $59.5M (+87% QoQ, +39% YoY) driven by robust loan production
  • Annualized loan growth 16% with over $1B pipeline supporting future earnings
  • Intense Florida competition pressuring margins and loan pricing
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$355.0M$446.6M$768.1M$809.0M$935.5M
YoY %+1.8%+25.8%+72.0%+5.3%+15.6%
P / Sales5.7x4.6x3.1x2.9x3.0x
EV / Sales28.6x27.9x19.1x18.7x21.8x
Gross Profit, Adj.$346.8M$432.3M$567.4M$515.4M$652.6M
YoY %+6.9%+24.7%+31.3%-9.2%+26.6%
Margin %97.7%96.8%73.9%63.7%69.8%
EV / Gross Profit29.3x28.8x25.9x29.4x31.3x
EBITDA, Adj.$158.7M$138.1M$167.4M$155.8M$218.9M
YoY %+57.8%-13.0%+21.2%-6.9%+40.5%
Margin %44.7%30.9%21.8%19.3%23.4%
EV / EBITDA64.0x90.2x87.6x97.3x93.2x
EBIT$158.7M$138.1M$134.3M$155.8M$186.5M
YoY %+57.8%-13.0%-2.8%+16.1%+19.7%
Margin %44.7%30.9%17.5%19.3%19.9%
EV / EBIT64.0x90.2x109.3x97.3x109.4x
Net Income$124.4M$106.5M$104.0M$121.0M$140.3M
YoY %+60.0%-14.4%-2.3%+16.3%+16.0%
Net Margin35.0%23.8%13.5%15.0%15.0%
EPS (GAAP)$2.18$1.66$1.24$1.43$1.59
YoY %+50.3%-23.9%-25.3%+15.3%+11.2%