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United States

Seacoast Banking Corporation of Florida (SBCF.OQ)

SBCF.OQ on NASDAQ Stock Exchange Global Select Market

24.36USD
27 Jul 2017
Change (% chg)

$0.25 (+1.04%)
Prev Close
$24.11
Open
$24.15
Day's High
$24.55
Day's Low
$24.05
Volume
99,097
Avg. Vol
113,094
52-wk High
$25.85
52-wk Low
$15.86

Latest Key Developments (Source: Significant Developments)

Seacoast Banking Corporation Of Florida reports Qtrly earnings per share $0.18
4:08pm EDT 

July 27 (Reuters) - Seacoast Banking Corporation Of Florida :Seacoast banking corporation of florida - reaffirms fy 2017 adjusted earnings per share view $1.28 to $1.32 .Seacoast reports second quarter 2017 results.Q2 revenue rose 25 percent to $54.6 million.Qtrly earnings per share $0.18.Qtrly adjusted earnings per share $0.29.Q2 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.Fy2017 revenue view $216.5 million -- Thomson Reuters I/B/E/S.  Full Article

Seacoast to acquire NorthStar Banking Corp
Thursday, 18 May 2017 08:30am EDT 

May 18 (Reuters) - Seacoast Banking Corporation Of Florida :Seacoast to acquire northstar banking corporation, deepening presence in the attractive tampa banking market.Seacoast banking corporation of florida - transaction is valued at approximately $32.1 million or $16.00 per share.Seacoast banking corporation of florida - transaction is valued at approximately $32.1 million or $16.00 per share.Seacoast banking corporation -nsbc shareholders will receive 0.5605 shares of seacoast common stock and $2.40 in cash for each share of nsbc common stock.Seacoast banking corporation of florida - seacoast expects nsbc acquisition to be accretive to earnings per share in 2017.Seacoast banking corporation of florida - transaction also is expected to provide an internal rate of return of over 20 percent.Seacoast banking corporation of florida -nsbc, headquartered in tampa, will be merged with and into seacoast, northstar bank will be merged with and into seacoast bank.  Full Article

Seacoast to acquire Palm Beach Community Bank
Thursday, 4 May 2017 05:30pm EDT 

May 4 (Reuters) - Seacoast Banking Corporation Of Florida :Seacoast to acquire Palm Beach Community Bank, expanding in attractive Southeast Florida banking market.Seacoast Banking Corporation of Florida - Pursuant to terms of merger agreement, PBCB, will be merged with and into Seacoast Bank.Seacoast Banking Corporation of Florida - Expects PBCB acquisition to be accretive to earnings per share in 2017.Seacoast Banking Corporation of Florida - Transaction valued at about $71.2 million based on Seacoast's 5 day trailing average closing price of $24.36 as of May 2.Seacoast Banking Corporation of Florida - Has signed a definitive agreement to acquire Palm Beach Community Bank.Seacoast Banking - PBCB shareholders to get for each PBCB share 0.9809 of share of co which remains fixed so long as co's stock trades between $21-$22.75.Seacoast Banking Corporation - PBCB shareholders will also get $6.33 in cash subject to adjustment for certain expenses as provided in merger agreement.  Full Article

Seacoast reports 23 pct rise in Q1 revenue
Tuesday, 25 Apr 2017 05:08pm EDT 

April 25 (Reuters) - Seacoast Banking Corporation Of Florida -:Seacoast reports first quarter 2017 results.Q1 revenue rose 23 percent to $48.1 million.Sees FY 2017 adjusted earnings per share $1.28 to $1.32.Previous baseline adjusted diluted earnings per share guidance of $1.24 to $1.28 remains unchanged.Seacoast Banking Corporation of Florida - revised its 2017 expected adjusted diluted earnings per share guidance to $1.28 to $1.32.Seacoast Banking Corporation of Florida says net interest income totaled $38.2 million in q1 of 2017, an increase of $740 thousand or 2% from prior quarter.Seacoast Banking Corporation of Florida qtrly earnings per share $0.20.Seacoast Banking Corporation of Florida qtrly adjusted earnings per share $0.26.  Full Article

Seacoast Q4 adjusted EPS $0.30
Wednesday, 1 Feb 2017 04:02pm EST 

Seacoast Banking Corporation Of Florida : Seacoast achieves ambitious 2016 earnings goal and establishes guidance for 2017 . Q4 adjusted earnings per share $0.30 . Q4 earnings per share $0.28 . Q4 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $1.24 to $1.28 . Fy2017 earnings per share view $1.22 -- Thomson Reuters I/B/E/S .Seacoast Banking Corporation Of Florida- net interest income for quarter totaled $37.4 million, an $8.3 million, or 29 pct, increase from Q4 2015 levels.  Full Article

SEACOAST BANKING CORPORATION OF FLORIDA APPOINTS CHARLES SHAFFER AS CFO
Friday, 27 Jan 2017 05:14pm EST 

Seacoast Banking Corporation Of Florida : ON JANUARY 23, 2017, BOARD APPOINTED CHARLES M. SHAFFER TO SERVE AS CHIEF FINANCIAL OFFICER - SEC FILING .STEPHEN FOWLE,CURRENT CFO,IS LEAVING FOR PERSONAL REASONS,HAS AGREED TO CONTINUE IN ROLE UNTIL MID-MARCH 2017.  Full Article

Seacoast Banking Corp of Florida reports earnings per shr $0.14
Wednesday, 27 Jul 2016 05:18pm EDT 

Seacoast Banking Corporation Of Florida says - : Seacoast Banking reports second quarter 2016 results . Q2 adjusted earnings per share $0.14 . Q2 earnings per share $0.14 . Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Qtrly net interest income improved $8.8 million, or 34% year-over-year . Reaffirms 2016 adjusted diluted eps target of $1.00. .FY2016 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.  Full Article

Seacoast Banking Corporation of Florida to acquire Floridian Financial Group, Inc.
Tuesday, 3 Nov 2015 07:01am EST 

Seacoast Banking Corporation of Florida:To acquire floridian financial group, inc.Says Seacoast expects the acquisition to be $0.02 accretive to 2016 earnings per share.Deal for about $76.5 million.Deal values floridian's shares at $12.25 per share.Seacoast expects the acquisition to be $0.07- $0.09 accretive in 2017 and beyond.Says boards of both Seacoast and floridian financial have unanimously approved the transaction.  Full Article

Seacoast Banking Corporationof Florida to acquire BMO Harris' Orlando Banking Operations
Thursday, 15 Oct 2015 08:45am EDT 

Seacoast Banking Corporationof Florida:To acquire bmo harris' Orlando banking operations.Under the terms of the definitive agreement, Seacoast will pay a premium equal to 3.0% of total deposits.Says transaction is expected to produce an internal rate of return in excess of 20%.Deal anticipated to be more than 6% accretive to seacoast's fully diluted earnings per share for 2016.Says deal will add approximately $355 million in deposits.Acquisition includes all of bmo's retail branches,associated consumer and small business deposit accounts.Says deal will add approximately $70 million in loans related to business banking customers.  Full Article

BRIEF-Seacoast Banking Corporation Of Florida reports Qtrly earnings per share $0.18

* Seacoast banking corporation of florida - reaffirms fy 2017 adjusted earnings per share view $1.28 to $1.32