SEACOAST BANKING CORP/FL (SBCF)
US8117078019 - Common Stock
Overall SBCF gets a fundamental rating of 3 out of 10. We evaluated SBCF against 411 industry peers in the Banks industry. SBCF may be in some trouble as it scores bad on both profitability and health. SBCF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SBCF had positive earnings in the past year.
SBCF had a positive operating cash flow in the past year.
In the past 5 years SBCF has always been profitable.
SBCF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SBCF's Return On Assets of 0.71% is on the low side compared to the rest of the industry. SBCF is outperformed by 63.50% of its industry peers.
SBCF's Return On Equity of 4.93% is on the low side compared to the rest of the industry. SBCF is outperformed by 81.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 4.93% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)1.04%
ROE(3y)7.02%
ROE(5y)7.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SBCF has a Profit Margin of 18.32%. This is in the lower half of the industry: SBCF underperforms 72.02% of its industry peers.
In the last couple of years the Profit Margin of SBCF has declined.
The Operating Margin and Gross Margin are not available for SBCF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-8.57%
PM growth 5Y-6.56%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SBCF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SBCF has been increased compared to 1 year ago.
Compared to 5 years ago, SBCF has more shares outstanding
SBCF has a worse debt/assets ratio than last year.
2.2 Solvency
SBCF has a debt to FCF ratio of 3.43. This is a good value and a sign of high solvency as SBCF would need 3.43 years to pay back of all of its debts.
With a Debt to FCF ratio value of 3.43, SBCF perfoms like the industry average, outperforming 42.58% of the companies in the same industry.
SBCF has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
SBCF has a Debt to Equity ratio of 0.23. This is comparable to the rest of the industry: SBCF outperforms 51.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.43 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.05%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.58% over the past year.
Measured over the past 5 years, SBCF shows a small growth in Earnings Per Share. The EPS has been growing by 5.20% on average per year.
The Revenue has grown by 31.26% in the past year. This is a very strong growth!
Measured over the past years, SBCF shows a quite strong growth in Revenue. The Revenue has been growing by 16.76% on average per year.
EPS 1Y (TTM)9.58%
EPS 3Y8.57%
EPS 5Y5.2%
EPS growth Q2Q26.47%
Revenue 1Y (TTM)31.26%
Revenue growth 3Y20.5%
Revenue growth 5Y16.76%
Revenue growth Q2Q-6.73%
3.2 Future
Based on estimates for the next years, SBCF will show a decrease in Earnings Per Share. The EPS will decrease by -2.41% on average per year.
The Revenue is expected to decrease by -1.25% on average over the next years.
EPS Next Y-16.54%
EPS Next 2Y-2.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.81%
Revenue Next 2Y-1.25%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.07 indicates a correct valuation of SBCF.
Based on the Price/Earnings ratio, SBCF is valued a bit more expensive than the industry average as 74.45% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 25.25. SBCF is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.66 indicates a correct valuation of SBCF.
Based on the Price/Forward Earnings ratio, SBCF is valued a bit more expensive than the industry average as 73.24% of the companies are valued more cheaply.
SBCF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.07 | ||
| Fwd PE | 15.66 |
4.2 Price Multiples
SBCF's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. SBCF is more expensive than 72.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
SBCF's earnings are expected to decrease with -2.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.51
EPS Next 2Y-2.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SBCF has a Yearly Dividend Yield of 3.20%.
SBCF's Dividend Yield is comparable with the industry average which is at 3.89.
SBCF's Dividend Yield is a higher than the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
5.2 History
SBCF has been paying a dividend for at least 10 years, so it has a reliable track record.
SBCF has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
SBCF pays out 58.29% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP58.29%
EPS Next 2Y-2.41%
EPS Next 3YN/A
SEACOAST BANKING CORP/FL
NASDAQ:SBCF (4/24/2024, 7:27:43 PM)
After market: 23.92 0 (0%)23.92
-0.09 (-0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.2% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.07 | ||
| Fwd PE | 15.66 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 4.93% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 18.32% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)9.58%
EPS 3Y8.57%
EPS 5Y
EPS growth Q2Q
EPS Next Y-16.54%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)31.26%
Revenue growth 3Y20.5%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y