Seacoast Banking Corporation stock hits 52-week high at $32.13

Seacoast Banking Corporation of Florida stock reached a significant milestone, hitting a 52-week high at $32.13. The regional bank, with a market capitalization of $2.77 billion, has demonstrated remarkable momentum with a 38% surge over the past six months. InvestingPro data shows the stock trading at a P/E ratio of 19.64, while offering investors a 2.33% dividend yield. This upward movement underscores the company’s strong performance over the past year, marking a notable 23.97% increase in its stock value. Investors have shown growing confidence in Seacoast Banking’s financial health and strategic initiatives, contributing to this impressive rise. The achievement of this 52-week high reflects the company’s resilience and adaptability in a competitive market environment. According to InvestingPro, three analysts have recently revised their earnings estimates upward for the upcoming period, suggesting potential continued strength. Discover more insights and 6 additional ProTips with an InvestingPro subscription.

In other recent news, Seacoast Banking Corporation of Florida announced its second-quarter 2025 earnings, which exceeded analysts’ expectations. The company reported earnings per share of $0.52, surpassing the forecast of $0.42, and achieved revenue of $151.4 million. Additionally, Seacoast Banking completed its acquisition of Villages Bancorporation, Inc., the parent company of Citizens First Bank, in a transaction valued at approximately $829 million. This merger was facilitated by receiving all necessary regulatory approvals from the Federal Reserve System’s Board of Governors and the Office of the Comptroller of the Currency. In related developments, Keefe, Bruyette & Woods raised the price target for Seacoast Banking to $33.00, citing improved profitability due to higher fees, increased net interest income, and a reduced loan loss provision. The bank’s net interest margin saw expansion alongside a reduction in deposit costs. These recent developments underscore Seacoast Banking’s ongoing strategic initiatives and financial performance.

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