The Online Investor
Banking & Savings M&A image Banking & Savings M&A » By The Online Investor Staff, updated Fri., Mar. 29, 10:04 AM Recent mergers and acquisitions in the Banking & Savings M&A category.

Slide #18. Seacoast Banking Corporation of Florida The BANKshares, Inc.

Acquirer: Seacoast Banking Corporation of Florida (NASDAQ:SBCF)
Acquiree: The BANKshares, Inc.
Details: Seacoast Banking Corporation of Florida (NASDAQ-NMS: SBCF) and The BANKshares, Inc. ("BANKshares") announced today the signing of a definitive agreement pursuant to which BANKshares will merge with and into Seacoast. The acquisition will create the sixth largest Florida-based bank by total assets with approximately $3.0 billion. The combined franchise will also have $2.3 billion of deposits and 46 branches.

Seacoast Banking is a financial holding company. Co.'s principal subsidiary is Seacoast National Bank, a wholly-owned national banking association (Seacoast Bank). Co. provides financial services including commercial and retail banking, wealth management and mortgage services. Seacoast Bank also provides brokerage and annuity services. Seacoast Bank personnel managing the sale of these services are dual employees with LPL Financial, the company through which Seacoast Bank conducts brokerage and annuity services. Seacoast Insurance Services, Inc., a wholly owned subsidiary of Co., facilitates access for Co. to provide customers with a range of insurance products.

SBCF SEC Filing Email Alerts Service


Open the SBCF Page at The Online Investor »

Company Name: 
Seacoast Banking Corp. of Florida
Stock buyback: 
SBCF buyback
Website: 
www.seacoastbanking.com
Sector: 
Banking & Savings
Number of ETFs Holding SBCF: 
47
Total Market Value Held by ETFs: 
$437.52M
Total Market Capitalization: 
$2.06B
% of Market Cap. Held by ETFs: 
21.21%
 

Open the SBCF Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree SBCF Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.43 out of 4)
2nd percentile
(ranked lower than approx. 98% of all stocks covered)

Analysts' Target Price:
SBCF Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Banking & Savings M&A - Slide 18 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.