Seacoast Banking Corporation of Florida (SBCF) - Net Assets
Based on the latest financial reports, Seacoast Banking Corporation of Florida (SBCF) has net assets worth $3.06 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.84 Billion) and total liabilities ($17.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SBCF asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.06 Billion |
| % of Total Assets | 14.66% |
| Annual Growth Rate | 13.21% |
| 5-Year Change | -68.2% |
| 10-Year Change | 601.84% |
| Growth Volatility | 115.16 |
Seacoast Banking Corporation of Florida - Net Assets Trend (1991–2025)
This chart illustrates how Seacoast Banking Corporation of Florida's net assets have evolved over time, based on quarterly financial data. Check SBCF tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Seacoast Banking Corporation of Florida (1991–2025)
The table below shows the annual net assets of Seacoast Banking Corporation of Florida from 1991 to 2025. For live valuation and market cap data, see SBCF market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.06 Billion | +39.97% |
| 2024-12-31 | $2.18 Billion | +3.57% |
| 2023-12-31 | $2.11 Billion | +31.12% |
| 2022-12-31 | $1.61 Billion | -83.27% |
| 2021-12-31 | $9.61 Billion | +16.19% |
| 2020-12-31 | $8.27 Billion | +23.04% |
| 2019-12-31 | $6.72 Billion | +677.82% |
| 2018-12-31 | $864.27 Million | +25.32% |
| 2017-12-31 | $689.66 Million | +58.40% |
| 2016-12-31 | $435.40 Million | +23.18% |
| 2015-12-31 | $353.45 Million | +13.05% |
| 2014-12-31 | $312.65 Million | +57.42% |
| 2013-12-31 | $198.60 Million | +19.97% |
| 2012-12-31 | $165.55 Million | -2.66% |
| 2011-12-31 | $170.08 Million | +2.27% |
| 2010-12-31 | $166.30 Million | +9.45% |
| 2009-12-31 | $151.94 Million | -29.66% |
| 2008-12-31 | $216.00 Million | +0.76% |
| 2007-12-31 | $214.38 Million | +0.92% |
| 2006-12-31 | $212.43 Million | +39.09% |
| 2005-12-31 | $152.72 Million | +41.13% |
| 2004-12-31 | $108.21 Million | +3.97% |
| 2003-12-31 | $104.08 Million | +3.31% |
| 2002-12-31 | $100.75 Million | +7.73% |
| 2001-12-31 | $93.52 Million | +10.98% |
| 2000-12-31 | $84.26 Million | +9.29% |
| 1999-12-31 | $77.10 Million | -1.66% |
| 1998-12-31 | $78.40 Million | -3.33% |
| 1997-12-31 | $81.10 Million | +5.32% |
| 1996-12-31 | $77.00 Million | +23.79% |
| 1995-12-31 | $62.20 Million | +11.87% |
| 1994-12-31 | $55.60 Million | -7.79% |
| 1993-12-31 | $60.30 Million | +21.33% |
| 1992-12-31 | $49.70 Million | +10.44% |
| 1991-12-31 | $45.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seacoast Banking Corporation of Florida's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2111.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $603.79 Million | 19.76% |
| Common Stock | $9.87 Million | 0.32% |
| Other Comprehensive Income | $-77.19 Million | -2.53% |
| Other Components | $2.52 Billion | 82.44% |
| Total Equity | $3.06 Billion | 100.00% |
Seacoast Banking Corporation of Florida Competitors by Market Cap
The table below lists competitors of Seacoast Banking Corporation of Florida ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apple Hospitality REIT Inc
NYSE:APLE
|
$3.26 Billion |
|
Tomra Systems ASA
OL:TOM
|
$3.26 Billion |
|
Firefly Aerospace Inc. Common Stock
NASDAQ:FLY
|
$3.26 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
$3.26 Billion |
|
Inner Mongolia Yuan Xing Energy Co Ltd
SHE:000683
|
$3.25 Billion |
|
Marketech International Corp
TW:6196
|
$3.25 Billion |
|
Wynn Macau Limited
F:8WY
|
$3.25 Billion |
|
Almonty Industries Inc
AU:AII
|
$3.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seacoast Banking Corporation of Florida's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,183,243,000 to 3,055,787,000, a change of 872,544,000 (40.0%).
- Net income of 144,878,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 80,672,000.
- Other factors increased equity by 646,994,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $144.88 Million | +4.74% |
| Other Comprehensive Income | $80.67 Million | +2.64% |
| Other Changes | $646.99 Million | +21.17% |
| Total Change | $- | 39.97% |
Book Value vs Market Value Analysis
This analysis compares Seacoast Banking Corporation of Florida's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.16x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $16.09 | $34.74 | x |
| 1992-12-31 | $17.72 | $34.74 | x |
| 1993-12-31 | $21.41 | $34.74 | x |
| 1994-12-31 | $19.65 | $34.74 | x |
| 1995-12-31 | $22.33 | $34.74 | x |
| 1996-12-31 | $27.40 | $34.74 | x |
| 1997-12-31 | $23.87 | $34.74 | x |
| 1998-12-31 | $22.88 | $34.74 | x |
| 1999-12-31 | $23.80 | $34.74 | x |
| 2000-12-31 | $26.51 | $34.74 | x |
| 2001-12-31 | $29.68 | $34.74 | x |
| 2002-12-31 | $29.13 | $34.74 | x |
| 2003-12-31 | $33.22 | $34.74 | x |
| 2004-12-31 | $34.36 | $34.74 | x |
| 2005-12-31 | $45.59 | $34.74 | x |
| 2006-12-31 | $56.89 | $34.74 | x |
| 2007-12-31 | $55.94 | $34.74 | x |
| 2008-12-31 | $56.84 | $34.74 | x |
| 2009-12-31 | $23.94 | $34.74 | x |
| 2010-12-31 | $10.86 | $34.74 | x |
| 2011-12-31 | $9.07 | $34.74 | x |
| 2012-12-31 | $8.76 | $34.74 | x |
| 2013-12-31 | $10.11 | $34.74 | x |
| 2014-12-31 | $11.28 | $34.74 | x |
| 2015-12-31 | $10.47 | $34.74 | x |
| 2016-12-31 | $11.61 | $34.74 | x |
| 2017-12-31 | $15.91 | $34.74 | x |
| 2018-12-31 | $17.73 | $34.74 | x |
| 2019-12-31 | $18.94 | $34.74 | x |
| 2020-12-31 | $20.96 | $34.74 | x |
| 2021-12-31 | $22.96 | $34.74 | x |
| 2022-12-31 | $25.02 | $34.74 | x |
| 2023-12-31 | $25.00 | $34.74 | x |
| 2024-12-31 | $25.67 | $34.74 | x |
| 2025-12-31 | $33.24 | $34.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seacoast Banking Corporation of Florida utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.66%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.82x
- Recent ROE (4.74%) is below the historical average (4.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 7.33% | 6.09% | 0.09x | 13.56x | $-1.20 Million |
| 1992 | 12.27% | 11.23% | 0.09x | 12.35x | $1.13 Million |
| 1993 | 11.94% | 14.85% | 0.08x | 10.60x | $1.17 Million |
| 1994 | 11.15% | 13.39% | 0.07x | 11.92x | $640.00K |
| 1995 | 12.54% | 11.93% | 0.08x | 12.40x | $1.58 Million |
| 1996 | 11.43% | 12.27% | 0.08x | 12.19x | $1.10 Million |
| 1997 | 9.12% | 9.79% | 0.08x | 11.63x | $-710.00K |
| 1998 | 12.24% | 11.68% | 0.08x | 13.93x | $1.76 Million |
| 1999 | 15.18% | 13.60% | 0.08x | 14.02x | $3.99 Million |
| 2000 | 14.35% | 13.02% | 0.08x | 13.66x | $3.66 Million |
| 2001 | 15.11% | 14.58% | 0.08x | 13.11x | $4.78 Million |
| 2002 | 15.17% | 17.41% | 0.07x | 12.72x | $5.21 Million |
| 2003 | 13.47% | 17.45% | 0.06x | 13.01x | $3.61 Million |
| 2004 | 13.79% | 17.44% | 0.05x | 14.93x | $4.10 Million |
| 2005 | 13.59% | 17.44% | 0.06x | 13.96x | $5.49 Million |
| 2006 | 11.23% | 14.55% | 0.07x | 11.25x | $2.61 Million |
| 2007 | 4.55% | 5.75% | 0.07x | 11.29x | $-11.67 Million |
| 2008 | -21.11% | -30.46% | 0.06x | 10.71x | $-67.20 Million |
| 2009 | -96.55% | -115.85% | 0.06x | 14.16x | $-161.88 Million |
| 2010 | -19.97% | -35.77% | 0.05x | 12.13x | $-49.83 Million |
| 2011 | 3.92% | 6.90% | 0.05x | 12.57x | $-10.34 Million |
| 2012 | -0.43% | -0.73% | 0.04x | 13.13x | $-17.26 Million |
| 2013 | 26.18% | 55.18% | 0.04x | 11.42x | $32.13 Million |
| 2014 | 1.82% | 5.42% | 0.03x | 9.89x | $-25.57 Million |
| 2015 | 6.26% | 14.92% | 0.04x | 10.00x | $-13.20 Million |
| 2016 | 6.71% | 15.71% | 0.04x | 10.75x | $-14.34 Million |
| 2017 | 6.22% | 17.14% | 0.04x | 8.42x | $-26.10 Million |
| 2018 | 7.78% | 23.09% | 0.04x | 7.81x | $-19.15 Million |
| 2019 | 10.02% | 28.49% | 0.05x | 7.21x | $175.10K |
| 2020 | 6.88% | 22.31% | 0.04x | 7.38x | $-35.28 Million |
| 2021 | 9.49% | 35.05% | 0.04x | 7.39x | $-6.67 Million |
| 2022 | 6.62% | 23.85% | 0.04x | 7.55x | $-54.27 Million |
| 2023 | 4.93% | 13.54% | 0.05x | 6.92x | $-106.78 Million |
| 2024 | 5.54% | 14.96% | 0.05x | 6.95x | $-97.34 Million |
| 2025 | 4.74% | 16.66% | 0.04x | 6.82x | $-160.70 Million |
Industry Comparison
This section compares Seacoast Banking Corporation of Florida's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $271,133,200
- Average return on equity (ROE) among peers: 11.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seacoast Banking Corporation of Florida (SBCF) | $3.06 Billion | 7.33% | 5.82x | $3.25 Billion |
| Ameris Bancorp (ABCB) | $76.00 Million | 11.84% | 9.39x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $178.73 Million | 12.38% | 10.46x | $5.85 Billion |
| ACNB Corporation (ACNB) | $70.10 Million | 12.70% | 9.48x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $77.17 Million | 0.46% | 3.14x | $137.20 Million |
| Alerus Financial Corp (ALRS) | $88.34 Million | 8.34% | 11.76x | $775.72 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $844.92 Million | 6.08% | 8.45x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $74.30 Million | 27.32% | 7.78x | $658.52 Million |
| Associated Banc-Corp (ASB) | $803.60 Million | 13.32% | 11.60x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $58.80 Million | 11.05% | 11.78x | $62.43 Million |
About Seacoast Banking Corporation of Florida
Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida. The company offers noninterest and interest-bearing demand deposits, money market, savings, and customer sweep accounts; time deposits; construction and land development, commercial and residential real e… Read more