Seacoast Banking Intrinsic Value Calculator – Truist Financial Raises Seacoast Banking Co. of Florida Price Target to $33.00
December 21, 2023
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Seacoast Banking ($NASDAQ:SBCF) Co. of Florida has recently received a boost in confidence from Truist Financial, as the firm increased its price target for the company’s stock to $33.00. The company offers a broad range of products and services, including retail banking, wealth management, commercial banking, and mortgage loans. It is also renowned for its commitment to community involvement and charitable giving.
The company has a long track record of success and has earned numerous awards for its commitment to customer service. As such, it is no surprise that Truist Financial has expressed confidence in its future prospects.
Price History
This discrepancy between the price target and the current stock performance is likely due to the uncertainty in the market resulting from the ongoing pandemic. 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 |
| – | 98.42 | – |
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 |
| 14.82k | 12.77k | – |
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 Calculator
At GoodWhale, we have conducted an in-depth analysis of SEACOAST BANKING‘s fundamentals, which has revealed that the intrinsic value of SEACOAST BANKING’s share is around $34.0. This is based on our proprietary Valuation Line. As of now, SEACOAST BANKING’s stock is traded at $28.8, which is a fair price but is currently undervalued by 15.2%. This presents an opportunity for investors to purchase at a discounted price and benefit from the potential upside in the future. More…
Peers
Seacoast Banking Corp of Florida, Capital City Bank Group Inc, Mid-Southern Bancorp Inc, and Itau Corpbanca are all financial institutions that offer banking services to their customers. These services can include savings and checking accounts, loans, and investment opportunities. While each company has its own unique advantages, they all share the goal of providing quality customer service and a positive banking experience.
– Capital City Bank Group Inc ($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
Seacoast Banking Co. of Florida has recently had their price target raised to $33.00 by Truist Financial. This is a positive sign for investors as the company appears to be gaining momentum and may be headed for more growth. Analysts are optimistic about the company’s prospects due to its strong financial performance in the past year, including better-than-expected loan growth and a significant reduction in non-performing assets.
Additionally, the company has consistently met earnings expectations and has consistently exceeded dividend payouts. Seacoast Banking Co. of Florida is also well capitalized and its diverse loan portfolio provides a good cushion against potential losses. Overall, the company’s solid fundamentals and potential for continued growth make it an attractive investment for those seeking long-term returns.
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