SBCF

MKT CAP:$3B

Seacoast Banking Corporation of Florida

Market Cap

$3B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$31.25-$0.36 (-1.14%)

Apr 24, 2026

Company Details

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth manageme...

CEO

Charles Shaffer

IPO Date

Feb 2, 1984

Website

www.seacoastbanking.com

Key Metrics TTM

Revenue

$898M

+11.1% YoY

Net Income

$145M

EPS (Diluted)

$1.58

Free Cash Flow

$179M

Revenue / Share

$8.24

Gross Margin

62.8%

Operating Margin

20.8%

Net Margin

16.1%

FCF Margin

19.9%

P/S

3.4x

P/E

21.1x

Earnings Reports

Q1 2026

Apr 28, 2026

PENDING

FY 2025

Feb 27, 2026

$870M+7.5%EPS $1.58

Q4 2025

Feb 27, 2026

$248M+22.0%EPS $0.29

Q3 2025

Nov 5, 2025

$227M+9.0%EPS $0.42

Q2 2025

Aug 8, 2025

$218M+7.9%EPS $0.50

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$94M	$85M	$26M
Q2 22	$101M	$98M	$42M
Q3 22	$108M	$99M	$38M
Q4 22	$145M	$123M	$32M
Q1 23	$180M	$121M	$15M
Q2 23	$196M	$149M	$41M
Q3 23	$198M	$134M	$40M
Q4 23	$194M	$124M	$38M
Q1 24	$196M	$124M	$34M
Q2 24	$202M	$121M	$39M
Q3 24	$208M	$124M	$39M
Q4 24	$203M	$129M	$44M
Q1 25	$206M	$131M	$41M
Q2 25	$218M	$147M	$55M
Q3 25	$227M	$149M	$47M
Q4 25	$248M	$137M	$43M

Valuation

Quarter	P/S	P/E
Q1 22	8.5x	27.5x
Q2 22	8.1x	27.2x
Q3 22	7.8x	25.8x
Q4 22	6.9x	28.8x
Q1 23	5.7x	31.3x
Q2 23	4.9x	31.8x
Q3 23	4.3x	31.1x
Q4 23	4.0x	29.4x
Q1 24	3.9x	25.9x
Q2 24	3.9x	26.1x
Q3 24	3.8x	26.3x
Q4 24	3.8x	25.3x
Q1 25	3.7x	24.2x
Q2 25	3.7x	22.0x
Q3 25	3.6x	21.2x
Q4 25	3.4x	21.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$55M	$54M
Q2 22	$44M	$42M
Q3 22	$49M	$40M
Q4 22	$48M	$48M
Q1 23	$13M	$7M
Q2 23	$45M	$42M
Q3 23	$63M	$62M
Q4 23	$30M	$29M
Q1 24	$25M	$24M
Q2 24	$57M	$55M
Q3 24	$53M	$52M
Q4 24	$45M	$45M
Q1 25	$31M	$28M
Q2 25	$72M	$71M
Q3 25	$30M	$28M
Q4 25	$55M	$52M

Capital Expenditures

Quarter	CapEx
Q1 22	$825.0K
Q2 22	$2M
Q3 22	$9M
Q4 22	$846.0K
Q1 23	$6M
Q2 23	$3M
Q3 23	$838.0K
Q4 23	$628.0K
Q1 24	$762.0K
Q2 24	$2M
Q3 24	$945.0K
Q4 24	$150.0K
Q1 25	$3M
Q2 25	$1M
Q3 25	$3M
Q4 25	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+7.6%	+55.8%
Q2 22	+21.2%	+37.7%
Q3 22	+16.6%	+11.1%
Q4 22	+56.2%	+135.6%
Q1 23	+92.8%	+147.0%
Q2 23	+94.5%	+161.4%
Q3 23	+83.8%	+127.2%
Q4 23	+34.1%	+38.4%
Q1 24	+8.7%	-2.1%
Q2 24	+3.1%	+5.5%
Q3 24	+5.1%	+7.2%
Q4 24	+4.5%	+1.9%
Q1 25	+5.2%	+2.0%
Q2 25	+7.9%	-0.2%
Q3 25	+9.0%	+6.6%
Q4 25	+22.0%	+28.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	1.5%
Q2 22	$3M	2.7%
Q3 22	$3M	2.3%
Q4 22	$5M	3.1%
Q1 23	$3M	1.5%
Q2 23	$4M	2.3%
Q3 23	$3M	1.6%
Q4 23	$3M	1.6%
Q1 24	$2M	1.1%
Q2 24	$4M	1.9%
Q3 24	$4M	2.0%
Q4 24	$4M	1.7%
Q1 25	$3M	1.5%
Q2 25	$4M	1.8%
Q3 25	$4M	2.0%
Q4 25	$4M	1.7%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$35M	$1M
Q2 22	$33M	$2M
Q3 22	$33M	$1M
Q4 22	$52M	$2M
Q1 23	$58M	$2M
Q2 23	$55M	$2M
Q3 23	$56M	$2M
Q4 23	$48M	$3M
Q1 24	$50M	$3M
Q2 24	$48M	$3M
Q3 24	$50M	$3M
Q4 24	$51M	$2M
Q1 25	$53M	$3M
Q2 25	$55M	$3M
Q3 25	$56M	$3M
Q4 25	$75M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.2B	$1.7B	$2.9B
Q2 22	$906M	$1.8B	$2.7B
Q3 22	$223M	$1.9B	$2.1B
Q4 22	$205M	$1.9B	$2.1B
Q1 23	$794M	$2.0B	$2.8B
Q2 23	$731M	$1.9B	$2.6B
Q3 23	$700M	$1.8B	$2.5B
Q4 23	$453M	$1.8B	$2.3B
Q1 24	$691M	$1.9B	$2.6B
Q2 24	$757M	$2.0B	$2.7B
Q3 24	$642M	$2.2B	$2.8B
Q4 24	$480M	$2.2B	$2.7B
Q1 25	$502M	$2.6B	$3.1B
Q2 25	$332M	$2.9B	$3.2B
Q3 25	$337M	$3.2B	$3.5B
Q4 25	$181M	$5.2B	$5.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	62M	+4.6%	+10.2%
Q2 22	62M	+0.4%	+10.8%
Q3 22	62M	+0.1%	+7.5%
Q4 22	71M	+15.2%	+20.9%
Q1 23	81M	+13.1%	+30.8%
Q2 23	86M	+6.0%	+38.1%
Q3 23	86M	+0.2%	+38.3%
Q4 23	85M	-0.4%	+19.6%
Q1 24	85M	-0.1%	+5.6%
Q2 24	85M	-0.5%	-0.8%
Q3 24	85M	+0.3%	-0.7%
Q4 24	85M	0.0%	-0.3%
Q1 25	85M	+0.4%	+0.1%
Q2 25	85M	+0.1%	+0.8%
Q3 25	87M	+2.3%	+2.8%
Q4 25	109M	+24.7%	+28.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$94.6K	989
Q2 22	$101.8K	989
Q3 22	$108.7K	989
Q4 22	$146.4K	989
Q1 23	$182.4K	989
Q2 23	$198.0K	989
Q3 23	$199.8K	989
Q4 23	$126.0K	2K
Q1 24	$127.3K	2K
Q2 24	$131.1K	2K
Q3 24	$134.8K	2K
Q4 24	$135.0K	2K
Q1 25	$137.3K	2K
Q2 25	$144.9K	2K
Q3 25	$150.6K	2K
Q4 25	$164.6K	2K

Revenue / Employee