Seacoast Banking Intrinsic Value Calculation – Janney Montgomery Scott LLC Invest in Seacoast Banking Co. of Florida During First Quarter
August 12, 2023
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SEACOAST ($NASDAQ:SBCF): The company provides consumer and commercial banking services, including loans and deposit products, primarily to individuals, businesses, and government agencies. This move represents Janney Montgomery Scott LLC’s entry into the banking sector and is part of its strategy to diversify its portfolio. It is likely that this investment will yield a positive return for Janney Montgomery Scott LLC in the near future.
Price History
On Monday, SEACOAST BANKING shares opened at $24.0 and closed at $24.3, representing a gain of 1.6% from its previous closing price of 24.0. This news has been well-received by investors as the bank’s share price has risen since the announcement. This news is likely to have a positive impact on the bank’s outlook going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Seacoast Banking. More…
| Total Revenues | Net Income | Net Margin |
| – | 96.24 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Seacoast Banking. More…
| Operations | Investing | Financing |
| 195.86 | -364.88 | -366.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Seacoast Banking. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.04k | 12.99k | – |
Key Ratios Snapshot
Some of the financial key ratios for Seacoast Banking are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Seacoast Banking Intrinsic Value Calculation
At GoodWhale, we are proud to provide our customers with in-depth analysis of SEACOAST BANKING‘s fundamentals. Our proprietary Valuation Line shows that the fair value of SEACOAST BANKING share is around $41.0. This means that the current stock price of $24.3 is undervalued by 40.7%, presenting a great opportunity for investors. Be sure to get a comprehensive understanding of SEACOAST BANKING’s financial performance before making a decision on whether to buy or sell the stock. More…
Peers
Seacoast Banking Corp of Florida, Capital City Bank Group Inc, Mid-Southern Bancorp Inc, and Itau Corpbanca are all financial institutions that offer banking services to their customers. These services can include savings and checking accounts, loans, and investment opportunities. While each company has its own unique advantages, they all share the goal of providing quality customer service and a positive banking experience.
– Capital City Bank Group Inc ($NASDAQ:CCBG)
Capital City Bank Group Inc is a financial holding company that operates through its subsidiaries. The Company’s primary business is commercial banking. It offers a range of banking services to individual and corporate customers through its subsidiaries. These services include demand deposit accounts, savings accounts, time deposit accounts, commercial and consumer loans, mortgage loans, and other services. The Company operates in Florida, Georgia, and Alabama.
– Mid-Southern Bancorp Inc ($NASDAQ:MSVB)
Mid-Southern Bancorp Inc is a bank holding company. As of December 31, 2020, the Company had $2.9 billion in assets, $2.1 billion in loans, $2.3 billion in deposits and $311.4 million in shareholders’ equity. The Company operates approximately 50 full-service banking offices in Indiana, Illinois, Kentucky and Tennessee.
– Itau Corpbanca ($NYSE:ITCB)
Itau Corpbanca is a leading financial institution in Chile with a market cap of 1.91B as of 2022. The company offers a wide range of banking products and services to individuals, small and medium-sized enterprises, and large corporations in Chile. It has a strong focus on digital transformation and offers a wide range of digital banking products and services. It is also one of the largest issuers of credit cards in Chile.
Summary
Analysts have suggested that this move is an indication of the company’s potential as an investment target. Investors should consider the company’s financial performance, growth prospects, competitive landscape, and current market conditions before making any investment decisions. Additionally, they should also look into management’s track record, corporate governance practices, and overall risk profile when assessing the merits of investing in Seacoast Banking Co. of Florida.
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