Seacoast Banking Co. of Florida (SBCF) Competitors

$24.12
+0.21 (+0.88%)
(As of 05/3/2024 08:53 PM ET)

SBCF vs. TOWN, INDB, FBK, CVBF, BOH, RNST, OFG, LKFN, BANR, and CATY

Should you be buying Seacoast Banking Co. of Florida stock or one of its competitors? The main competitors of Seacoast Banking Co. of Florida include TowneBank (TOWN), Independent Bank (INDB), FB Financial (FBK), CVB Financial (CVBF), Bank of Hawaii (BOH), Renasant (RNST), OFG Bancorp (OFG), Lakeland Financial (LKFN), Banner (BANR), and Cathay General Bancorp (CATY). These companies are all part of the "state commercial banks" industry.

Seacoast Banking Co. of Florida vs.

Seacoast Banking Co. of Florida (NASDAQ:SBCF) and TowneBank (NASDAQ:TOWN) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, dividends, analyst recommendations, community ranking, risk, profitability, media sentiment and institutional ownership.

Seacoast Banking Co. of Florida has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Comparatively, TowneBank has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.

Seacoast Banking Co. of Florida pays an annual dividend of $0.72 per share and has a dividend yield of 3.0%. TowneBank pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. Seacoast Banking Co. of Florida pays out 51.4% of its earnings in the form of a dividend. TowneBank pays out 49.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. TowneBank is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Seacoast Banking Co. of Florida had 9 more articles in the media than TowneBank. MarketBeat recorded 10 mentions for Seacoast Banking Co. of Florida and 1 mentions for TowneBank. TowneBank's average media sentiment score of 0.76 beat Seacoast Banking Co. of Florida's score of 0.07 indicating that TowneBank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Seacoast Banking Co. of Florida
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
TowneBank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

81.8% of Seacoast Banking Co. of Florida shares are owned by institutional investors. Comparatively, 56.0% of TowneBank shares are owned by institutional investors. 1.5% of Seacoast Banking Co. of Florida shares are owned by company insiders. Comparatively, 8.1% of TowneBank shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Seacoast Banking Co. of Florida presently has a consensus price target of $26.10, suggesting a potential upside of 8.21%. TowneBank has a consensus price target of $29.50, suggesting a potential upside of 8.06%. Given Seacoast Banking Co. of Florida's stronger consensus rating and higher probable upside, equities research analysts clearly believe Seacoast Banking Co. of Florida is more favorable than TowneBank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seacoast Banking Co. of Florida
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
TowneBank
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Seacoast Banking Co. of Florida received 91 more outperform votes than TowneBank when rated by MarketBeat users. Likewise, 60.16% of users gave Seacoast Banking Co. of Florida an outperform vote while only 55.41% of users gave TowneBank an outperform vote.

CompanyUnderperformOutperform
Seacoast Banking Co. of FloridaOutperform Votes
296
60.16%
Underperform Votes
196
39.84%
TowneBankOutperform Votes
205
55.41%
Underperform Votes
165
44.59%

TowneBank has higher revenue and earnings than Seacoast Banking Co. of Florida. TowneBank is trading at a lower price-to-earnings ratio than Seacoast Banking Co. of Florida, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Seacoast Banking Co. of Florida$768.13M2.67$104.03M$1.4017.23
TowneBank$941.58M2.11$153.71M$2.0113.58

TowneBank has a net margin of 15.50% compared to Seacoast Banking Co. of Florida's net margin of 15.08%. TowneBank's return on equity of 7.51% beat Seacoast Banking Co. of Florida's return on equity.

Company Net Margins Return on Equity Return on Assets
Seacoast Banking Co. of Florida15.08% 5.68% 0.80%
TowneBank 15.50%7.51%0.89%

Summary

Seacoast Banking Co. of Florida and TowneBank tied by winning 10 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SBCF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SBCF vs. The Competition

MetricSeacoast Banking Co. of FloridaState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$2.05B$2.25B$8.63B$7.66B
Dividend Yield2.99%4.23%432.93%3.96%
P/E Ratio17.2311.8156.7418.97
Price / Sales2.671.923,479.9987.81
Price / Cash19.848.5427.4036.06
Price / Book0.971.033.204.57
Net Income$104.03M$412.42M$988.33M$212.22M
7 Day Performance2.38%3.34%2.01%4.75%
1 Month Performance0.58%3.00%1.00%0.14%
1 Year Performance18.64%21.47%13.25%9.91%

Seacoast Banking Co. of Florida Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TOWN
TowneBank
3.3451 of 5 stars
$27.82
+1.6%
$29.00
+4.2%
+18.1%$2.02B$941.58M13.442,784Positive News
INDB
Independent Bank
3.6319 of 5 stars
$52.22
+2.8%
$60.00
+14.9%
+4.8%$2.22B$722.13M10.081,787Analyst Revision
News Coverage
FBK
FB Financial
4.197 of 5 stars
$38.66
+2.7%
$39.43
+2.0%
+46.4%$1.81B$748.95M16.241,591Dividend Announcement
CVBF
CVB Financial
3.321 of 5 stars
$17.10
+3.8%
$20.00
+17.0%
+40.7%$2.30B$547.32M10.751,107
BOH
Bank of Hawaii
2.9659 of 5 stars
$58.20
-0.4%
$53.60
-7.9%
+34.7%$2.31B$986.98M14.021,899Earnings Report
RNST
Renasant
2.0427 of 5 stars
$30.54
+1.8%
$33.00
+8.1%
+13.4%$1.72B$910.39M11.842,300
OFG
OFG Bancorp
2.2306 of 5 stars
$36.26
+1.6%
$40.00
+10.3%
+53.6%$1.71B$770.73M9.272,248
LKFN
Lakeland Financial
1.8004 of 5 stars
$62.90
+2.5%
$74.00
+17.6%
+28.6%$1.63B$393.12M17.23608
BANR
Banner
3.8747 of 5 stars
$46.05
+1.8%
$51.20
+11.2%
+2.4%$1.58B$745.98M9.571,966
CATY
Cathay General Bancorp
3.2237 of 5 stars
$34.89
-4.7%
$38.20
+9.5%
+23.1%$2.54B$1.31B7.181,246Short Interest ↑
High Trading Volume

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This page (NASDAQ:SBCF) was last updated on 5/6/2024 by MarketBeat.com Staff

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