Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF) has renewed its share repurchase program, which was set to expire on December 31, 2025. Under the renewed program, which will expire on December 31, 2026, the company may repurchase up to $150 million of its shares of common stock, representing approximately 5% of the company’s outstanding common stock. This is an increase over the current repurchase program.
As of September 30, 2025, Seacoast Banking Corporation of Florida had approximately $16.7 billion in assets and $13.1 billion in deposits. The acquisition of Villages Bancorporation, Inc. on October 1, 2025, added approximately $4.1 billion in assets and $3.4 billion in deposits to the company's portfolio.
The timing and actual number of shares repurchased will be made at the company’s discretion and will depend on a variety of factors including, without limitation, price, corporate and regulatory requirements, market conditions, Seacoast’s financial performance, and bank capital and liquidity requirements and priorities.
Seacoast provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers through its network of full-service branches across Florida, and through advanced mobile and online banking solutions. Today the company's shares have moved -0.25% to a price of $31.87. If you want to know more, read the company's complete 8-K report here.
