Seacoast Banking of Florida(SBCF) ZACKS·2025-01-22 15:20Core Insights - Seacoast Banking (SBCF) is expected to report quarterly earnings of 128.8 million, showing a slight increase of 0.5% compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies linking earnings estimate trends to short-term stock price movements [3] Key Financial Metrics - Analysts estimate the 'Net Interest Margin' to be 3.2%, down from 3.4% in the previous year [4] - The 'Efficiency Ratio' is forecasted to be 65.3%, an increase from 60.3% reported in the same quarter last year [5] - 'Total nonperforming loans' are expected to reach 65.10 million a year ago [5] - 'Total nonperforming assets' are estimated at 72.66 million in the previous year [5] Additional Metrics - The 'Average Balance - Total Earning Assets' is projected at 13.10 billion in the same quarter last year [6] - 'Total noninterest income' is expected to be 17.34 million a year ago [6] - 'Net interest income - FTE' is likely to reach 111.04 million in the same quarter last year [7] - 'Net interest income' is projected at 110.82 million reported in the same quarter last year [7] Market Performance - Over the past month, Seacoast Banking shares have declined by 1.8%, while the Zacks S&P 500 composite has increased by 2.1% [7] - With a Zacks Rank of 2 (Buy), SBCF is expected to outperform the overall market in the upcoming period [7]