Seacoast Banking Corporation of Florida (SBCF)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
$33.86-1.91%
Close 2026-09-09 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Recent financial performance slipped notably this past month, though still top-half.
Seacoast grew revenue 46% last quarter. Net interest margin rose to 3.83%. Deposits grew 7% yearly. The bank aims to improve shareholder returns.
Revenue growth could slow or fall below zero. Profit margin gains may stop. Deposit growth might weaken, hurting earnings.
The price is about 4% above our fair value near $32. Analysts expect flat revenue growth next year.
Breaks if: net interest margin falls below 3.6%
Breaks if: organic deposit growth falls below 5%
Breaks if: YoY revenue growth falls below 0% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a moderate-risk financial institution with a focus on organic growth and margin improvement. The current thesis is in a watch state, reflecting mixed recent performance and management confidence.
The market has priced SBCF as expensive compared to its peers, suggesting that expectations are relatively high. There is a small expectations gap, indicating that while the stock is seen as justified, it may not have much room for error.
Fundamentals are likely to remain stable, as management is on track with priorities like loan and deposit growth and maintaining net interest margins. However, there is a moderate risk of missing future earnings guidance, which could impact sentiment.
The thesis hinges on the performance of sector bellwethers like HDB, IBN, and PNC. If these companies continue to perform well, it could provide a favorable backdrop for SBCF, while any negative shifts could pose risks.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no current threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: net income falls below $30M in 2026-Q1
Overall, SBCF is navigating a complex environment with both opportunities and risks. Its future performance will depend on management execution and sector trends. Not investment advice.