Seacoast Banking Corporation of Florida Surveillance Report
Company Profile
Headquartered in Stuart, FL, Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (“the company”), is a $15 billion asset financial holding company primarily operating in markets throughout Florida, including major MSAs such as West Palm Beach, Fort Lauderdale, Orlando, Port St. Lucie, Tampa Bay, Jacksonville, and Miami. Through its principal operating subsidiary, Seacoast National Bank, the company provides commercial and consumer banking, deposit products, wealth management, and mortgage services to customers via 77 branches across Florida.
With a physical footprint that is distinctly concentrated in its home state, SBCF is the only publicly traded bank operating exclusively in Florida. Originally incorporated in 1983, the company has grown to be one of the largest community banks headquartered in Florida through a balanced strategy consisting of organic growth and opportunistic acquisitions. Recent year growth can be characterized as brisk, in part,…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.