Seacoast Operating Income vs Income Tax Expense Analysis

SBCF Stock  USD 30.57  0.56  1.87%   
Seacoast Banking financial indicator trend analysis is much more than just breaking down Seacoast Banking prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seacoast Banking is a good investment. Please check the relationship between Seacoast Banking Operating Income and its Income Tax Expense accounts. 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.

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seacoast Banking Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Seacoast Banking's Operating Income and Income Tax Expense is 0.72. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Seacoast Banking, assuming nothing else is changed. The correlation between historical values of Seacoast Banking's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Seacoast Banking are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., Seacoast Banking's Operating Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Income Tax Expense

Most indicators from Seacoast Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is most likely to increase significantly in the upcoming years. The Seacoast Banking's current Enterprise Value is estimated to increase to about 1.2 B, while Tax Provision is projected to decrease to roughly 28.5 M.
 2021 2022 2023 2024 (projected)
Operating Income158.7M152.5M238.4M250.3M
Other Operating Expenses188.0M25.3M289.4M303.9M

Seacoast Banking fundamental ratios Correlations

0.980.970.96-0.30.90.280.770.670.90.350.980.720.92-0.030.24-0.150.780.30.30.910.970.220.930.94-0.51
0.981.00.98-0.380.950.30.780.660.870.350.990.750.97-0.130.15-0.250.840.30.310.941.00.160.970.95-0.53
0.971.00.96-0.410.960.30.80.690.850.310.990.740.96-0.180.11-0.280.850.290.290.941.00.110.980.93-0.53
0.960.980.96-0.230.910.180.710.580.920.360.970.810.96-0.030.24-0.180.860.280.280.90.970.270.940.93-0.58
-0.3-0.38-0.41-0.23-0.47-0.74-0.4-0.36-0.01-0.28-0.35-0.01-0.420.470.670.54-0.26-0.21-0.21-0.58-0.410.6-0.36-0.420.0
0.90.950.960.91-0.470.390.690.580.720.40.930.620.94-0.260.06-0.380.790.190.190.940.970.030.920.9-0.6
0.280.30.30.18-0.740.390.0-0.09-0.020.740.21-0.260.290.05-0.14-0.23-0.090.230.230.520.33-0.230.130.440.07
0.770.780.80.71-0.40.690.00.980.72-0.230.830.760.75-0.4-0.13-0.230.820.190.20.690.760.00.880.64-0.38
0.670.660.690.58-0.360.58-0.090.980.62-0.360.730.70.63-0.43-0.18-0.20.740.090.10.560.64-0.050.780.52-0.34
0.90.870.850.92-0.010.72-0.020.720.620.180.90.90.850.190.390.130.810.270.280.730.850.50.870.81-0.5
0.350.350.310.36-0.280.40.74-0.23-0.360.180.25-0.120.330.360.27-0.09-0.040.120.120.490.370.130.120.57-0.1
0.980.990.990.97-0.350.930.210.830.730.90.250.810.97-0.160.12-0.240.880.30.30.910.990.150.990.92-0.52
0.720.750.740.81-0.010.62-0.260.760.70.9-0.120.810.8-0.070.13-0.010.920.230.240.590.730.360.840.65-0.46
0.920.970.960.96-0.420.940.290.750.630.850.330.970.8-0.190.05-0.310.90.30.310.930.970.130.960.93-0.53
-0.03-0.13-0.18-0.030.47-0.260.05-0.4-0.430.190.36-0.16-0.07-0.190.720.87-0.38-0.03-0.04-0.15-0.150.72-0.27-0.040.02
0.240.150.110.240.670.06-0.14-0.13-0.180.390.270.120.130.050.720.62-0.09-0.04-0.040.010.120.880.050.15-0.24
-0.15-0.25-0.28-0.180.54-0.38-0.23-0.23-0.20.13-0.09-0.24-0.01-0.310.870.62-0.37-0.14-0.14-0.31-0.280.7-0.28-0.27-0.01
0.780.840.850.86-0.260.79-0.090.820.740.81-0.040.880.920.9-0.38-0.09-0.370.280.280.730.840.080.930.74-0.47
0.30.30.290.28-0.210.190.230.190.090.270.120.30.230.3-0.03-0.04-0.140.281.00.250.30.010.280.260.46
0.30.310.290.28-0.210.190.230.20.10.280.120.30.240.31-0.04-0.04-0.140.281.00.260.30.010.280.260.46
0.910.940.940.9-0.580.940.520.690.560.730.490.910.590.93-0.150.01-0.310.730.250.260.950.040.870.94-0.52
0.971.01.00.97-0.410.970.330.760.640.850.370.990.730.97-0.150.12-0.280.840.30.30.950.140.960.95-0.54
0.220.160.110.270.60.03-0.230.0-0.050.50.130.150.360.130.720.880.70.080.010.010.040.140.110.17-0.22
0.930.970.980.94-0.360.920.130.880.780.870.120.990.840.96-0.270.05-0.280.930.280.280.870.960.110.86-0.53
0.940.950.930.93-0.420.90.440.640.520.810.570.920.650.93-0.040.15-0.270.740.260.260.940.950.170.86-0.45
-0.51-0.53-0.53-0.580.0-0.60.07-0.38-0.34-0.5-0.1-0.52-0.46-0.530.02-0.24-0.01-0.470.460.46-0.52-0.54-0.22-0.53-0.45
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Seacoast Banking Account Relationship Matchups

Seacoast Banking fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding52.0M53.9M57.1M64.3M84.3M88.5M
Total Assets7.1B8.3B9.7B12.1B14.6B15.3B
Total Stockholder Equity985.6M1.1B1.3B1.6B2.1B2.2B
Property Plant And Equipment Net66.6M75.1M72.4M116.9M113.3M119.0M
Net Debt257.8M(333.5M)(666.1M)29.4M(296.7M)(281.9M)
Retained Earnings195.8M256.7M358.6M423.9M467.3M490.7M
Cash128.3M404.8M737.7M205.2M167.5M146.9M
Non Current Assets Total1.5B1.9B2.6B767.1M14.1B14.8B
Non Currrent Assets Other(16.5M)(23.6M)(27.3M)(2.6B)10.7B11.2B
Other Assets4.5B4.6B4.7B9.3B10.7B11.2B
Cash And Short Term Investments1.1B1.8B2.4B2.1B447.2M537.9M
Liabilities And Stockholders Equity7.1B8.3B9.7B12.1B14.6B15.3B
Other Stockholder Equity780.2M847.8M953.3M1.4B1.8B1.9B
Total Liab386.1M71.4M71.6M10.5B12.5B13.1B
Property Plant And Equipment Gross66.6M75.1M129.9M178.8M181.3M190.3M
Total Current Assets1.1B1.8B2.4B2.1B447.2M424.8M
Short Long Term Debt Total477.8M196.8M199.8M340.4M156.3M180.4M
Other Current Assets140.7M447.0M770.4M(3.2M)460.6M437.6M
Non Current Liabilities Total386.1M71.4M71.6M10.5B12.5B13.1B
Common Stock Total Equity5.2M5.5M5.9M7.2M8.2M4.6M
Accumulated Other Comprehensive Income4.5M20.4M(7.0M)(188.0M)(159.9M)(151.9M)
Common Stock5.2M5.5M5.9M7.2M8.5M4.5M
Other Liab35.8M88.5M109.9M99.1M113.9M119.6M
Accounts Payable5.6B6.9B8.1B10.0B11.5B12.1B
Long Term Debt71.1M71.4M71.6M234.5M156.3M136.0M
Good Will205.3M221.2M252.2M480.3M732.4M769.0M
Short Term Investments946.9M1.4B1.6B1.9B1.8B1.9B
Inventory12.4M12.8M13.6M2.3M2.6M2.5M
Treasury Stock(6.0M)(8.3M)(10.6M)(13.0M)(15.0M)(14.2M)
Intangible Assets20.1M16.7M14.8M75.5M95.6M100.4M
Property Plant Equipment66.6M75.1M72.4M116.9M134.4M141.1M
Total Current Liabilities5.9B5.5B6.7B8.7B10.0B10.5B
Other Current Liab5.5B5.4B6.6B8.4B9.6B5.0B
Net Tangible Assets760.3M892.5M1.0B1.1B1.2B618.0M
Retained Earnings Total Equity195.8M256.7M358.6M423.9M487.4M511.8M
Long Term Debt Total71.1M71.4M71.6M84.5M97.2M75.2M
Capital Surpluse786.2M856.1M963.9M1.4B1.6B1.7B
Long Term Investments6.4B1.7B2.3B2.6B2.5B2.7B
Non Current Liabilities Other467.0M208.1M231.5M471.9M542.6M288.9M

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 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.