Seacoast Banking beat earnings expectations as net interest income surged 42% on acquisition gains and a shrinking deposit cost basis, though the lender's full-year profit target hinges on converting a $1.3 billion commercial pipeline into fresh loans.
Seacoast Bank :
SBCF
SBCF
Stock Data
$34.50
$0.04 (0.10%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Seacoast Banking Corporation of Florida, headquartered in Stuart, Florida since 1926, offers a wide range of financial services. This includes commercial and retail banking, wealth management, and insurance, alongside mortgage services. It caters to both retail and commercial customers primarily in Florida, providing modern online and mobile banking solutions. Seacoast also offers various banking products such as savings, checking accounts, and loans for construction, real estate, and personal use like automobiles and boats.
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