Benzinga | Jan 28, 2021 04:42PM EST

Seacoast Banking: Q4 Earnings Insights

Shares of Seacoast Banking (NASDAQ:SBCF) moved higher in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 5.77% year over year to $0.55, which beat the estimate of $0.48.

Revenue of $83,721,000 rose by 7.15% from the same period last year, which beat the estimate of $83,500,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Seacoast Banking hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $34.08

Company's 52-week low was at $13.30

Price action over last quarter: Up 57.73%

Company Profile

Seacoast Banking Corp is a holding company for Seacoast National Bank. It offers an array of deposit accounts and retail banking services, engages in consumer and commercial lending and provides a range of trust and asset management services, as well as securities and annuity products. In addition, it provides services such as treasury management, brokerage, and credit facilities. Most of the company's income is in the form of interests received on loan facilities provided in the United States.