Seacoast Tax Provision from 2010 to 2024

SBCF Stock  USD 30.28  0.09  0.30%   
Seacoast Banking's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 28.5 M. Tax Provision is the amount set aside by Seacoast Banking to cover any estimated taxes for the current period. It reflects Seacoast Banking's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
8.9 M
Current Value
8.6 M
Quarterly Volatility
2.3 M
 
Covid
Check Seacoast Banking financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seacoast Banking's main balance sheet or income statement drivers, such as Interest Expense of 210.8 M, Other Operating Expenses of 303.9 M or Operating Income of 250.3 M, as well as many indicators such as Price To Sales Ratio of 2.58, Dividend Yield of 0.0274 or PTB Ratio of 1.69. Seacoast financial statements analysis is a perfect complement when working with Seacoast Banking Valuation or Volatility modules.
  
Check out the analysis of Seacoast Banking Correlation against competitors.
For more detail on how to invest in Seacoast Stock please use our How to Invest in Seacoast Banking guide.

Latest Seacoast Banking's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Seacoast Banking over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Seacoast Banking's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seacoast Banking's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Seacoast Tax Provision Regression Statistics

Arithmetic Mean21,972,424
Geometric Mean20,340,034
Coefficient Of Variation40.34
Mean Deviation7,929,252
Median20,259,000
Standard Deviation8,864,731
Sample Variance78.6T
Range22.8M
R-Value0.80
Mean Square Error30.9T
R-Squared0.63
Significance0.0004
Slope1,578,812
Total Sum of Squares1100.2T

Seacoast Tax Provision History

202428.5 M
202329.8 M
202231.6 M
202134.3 M
202022.8 M
201929.9 M
201820.3 M

About Seacoast Banking Financial Statements

Seacoast Banking stakeholders use historical fundamental indicators, such as Seacoast Banking's Tax Provision, to determine how well the company is positioned to perform in the future. Although Seacoast Banking investors may analyze each financial statement separately, they are all interrelated. For example, changes in Seacoast Banking's assets and liabilities are reflected in the revenues and expenses on Seacoast Banking's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Seacoast Banking. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision29.8 M28.5 M

Currently Active Assets on Macroaxis

When determining whether Seacoast Banking is a strong investment it is important to analyze Seacoast Banking's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Seacoast Banking's future performance. For an informed investment choice regarding Seacoast Stock, refer to the following important reports:
Check out the analysis of Seacoast Banking Correlation against competitors.
For more detail on how to invest in Seacoast Stock please use our How to Invest in Seacoast Banking guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seacoast Banking. If investors know Seacoast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seacoast Banking listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
0.72
Earnings Share
1.36
Revenue Per Share
5.851
Quarterly Revenue Growth
(0.08)
The market value of Seacoast Banking is measured differently than its book value, which is the value of Seacoast that is recorded on the company's balance sheet. Investors also form their own opinion of Seacoast Banking's value that differs from its market value or its book value, called intrinsic value, which is Seacoast Banking's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seacoast Banking's market value can be influenced by many factors that don't directly affect Seacoast Banking's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seacoast Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seacoast Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seacoast Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.