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Shares of Seacoast Banking (NASDAQ:SBCF) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 22.92% over the past year to $0.59, which beat the estimate of $0.52.
Revenue of $81,124,000 declined by 1.40% from the same period last year, which missed the estimate of $82,650,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
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Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $40.93
52-week low: $17.00
Price action over last quarter: down 17.06%
Company Description
Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. It offers an array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a range of trust and asset management services, as well as securities and annuity products. In addition, it provides services such as treasury management, brokerage, and credit facilities. Most of the company's income is in the form of interests received on loan facilities provided in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.