Seacoast Historical Income Statement
SBCF Stock | USD 30.57 0.56 1.87% |
Historical analysis of Seacoast Banking income statement accounts such as EBITDA of 188.2 M, Total Operating Expenses of 303.9 M, Net Income of 109.2 M or Income Tax Expense of 31.7 M can show how well Seacoast Banking performed in making a profits. Evaluating Seacoast Banking income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Seacoast Banking's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Seacoast Banking latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Seacoast Banking is a good buy for the upcoming year.
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About Seacoast Income Statement Analysis
Seacoast Banking Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Seacoast Banking shareholders. The income statement also shows Seacoast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Seacoast Banking Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Seacoast Banking. It is also known as Seacoast Banking overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Seacoast Banking operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Seacoast Banking is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Seacoast Banking's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Seacoast Banking current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seacoast Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Seacoast Stock please use our How to Invest in Seacoast Banking guide.At this time, Seacoast Banking's Operating Income is most likely to increase significantly in the upcoming years. The Seacoast Banking's current EBIT is estimated to increase to about 141 M, while Cost Of Revenue is forecasted to increase to (204.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 158.7M | 152.5M | 238.4M | 250.3M | Other Operating Expenses | 188.0M | 25.3M | 289.4M | 303.9M |
Seacoast Banking income statement Correlations
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Seacoast Banking Account Relationship Matchups
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Seacoast Banking income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 46.2M | 24.3M | 8.2M | 14.3M | 200.7M | 210.8M | |
Other Operating Expenses | 171.7M | 223.7M | 188.0M | 25.3M | 289.4M | 303.9M | |
Operating Income | 128.6M | 100.6M | 158.7M | 152.5M | 238.4M | 250.3M | |
Ebit | 128.6M | 75.7M | 158.7M | 138.1M | 134.3M | 141.0M | |
Ebitda | 134.4M | 91.9M | 173.8M | 159.8M | 179.3M | 188.2M | |
Total Operating Expenses | (171.7M) | (223.7M) | (188.0M) | 25.3M | 289.4M | 303.9M | |
Net Income | 98.7M | 77.8M | 124.4M | 106.5M | 104.0M | 109.2M | |
Income Tax Expense | 29.9M | 22.8M | 34.3M | 31.6M | 30.2M | 31.7M | |
Depreciation And Amortization | 5.8M | 16.2M | 15.1M | 21.7M | 45.0M | 47.3M | |
Selling General Administrative | 106.4M | 105.4M | 117.6M | 152.3M | 216.2M | 227.0M | |
Selling And Marketing Expenses | 4.2M | 4.8M | 4.6M | 6.3M | 9.2M | 9.6M | |
Total Revenue | 300.4M | 324.3M | 346.8M | 432.3M | 527.8M | 554.1M | |
Gross Profit | 300.4M | 324.3M | 346.8M | 432.3M | 767.1M | 805.5M | |
Income Before Tax | 128.6M | 100.6M | 158.7M | 138.1M | 134.3M | 141.0M | |
Total Other Income Expense Net | 128.6M | 10.4M | (23.6M) | (58.5M) | (104.1M) | (98.9M) | |
Net Income Applicable To Common Shares | 98.7M | 77.8M | 124.4M | 106.5M | 122.5M | 128.6M | |
Net Income From Continuing Ops | 98.7M | 77.8M | 124.4M | 106.5M | 98.4M | 61.9M | |
Tax Provision | 29.9M | 22.8M | 34.3M | 31.6M | 29.8M | 28.5M | |
Net Interest Income | 243.6M | 255.0M | 258.5M | 363.8M | 497.1M | 275.6M | |
Interest Income | 289.8M | 279.3M | 266.7M | 378.1M | 639.2M | 671.2M | |
Reconciled Depreciation | 10.5M | 10.4M | 5.0M | 9.1M | (1.5M) | (1.4M) |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seacoast Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.