First BanCorp vs Seacoast Banking Corp of Florida
FBP and SBCF side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How FBP and SBCF compare
First BanCorp is the larger company, worth 1.2 times as much as Seacoast Banking Corp of Florida ($4.0B against $3.3B).
On earnings, First BanCorp is cheaper: it trades at 11.1× trailing earnings, against 20.0× for Seacoast Banking Corp of Florida.
Seacoast Banking Corp of Florida grew revenue faster over the last twelve months (35.7% versus 1.7% for First BanCorp).
First BanCorp keeps more of each dollar of sales as profit, with a net margin of 28.4% compared with 23.5% at Seacoast Banking Corp of Florida.
Both pay dividends: First BanCorp yields 2.3% and Seacoast Banking Corp of Florida 2.3%.
First BanCorp scores higher on the StockData Score (18 against 11 for Seacoast Banking Corp of Florida), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | FBP | SBCF |
|---|---|---|
| Size and price | ||
| Market cap | $4.0B | $3.3B |
| Share price | $26.21 | $33.72 |
| Change, 1 year | 28.9% | 9.0% |
| Change, 5 years | 83.2% | −8.3% |
| Beta (5Y) | 0.85 | 0.77 |
| Employees | 3,218 | 867 |
| StockData Score | ||
| Total score | 18 (better) | 11 |
| Valuation score | 2 (better) | 1 |
| Growth score | 1 | 3 (better) |
| Performance score | 5 (better) | 1 |
| Health score | 6 (better) | 4 |
| Dividend score | 4 (better) | 2 |
| Valuation | ||
| P/E | 11.1× (better) | 20.0× |
| P/S | 3.1× (better) | 4.1× |
| P/B | 2.1× | 1.3× (better) |
| P/FCF | 9.8× | – |
| PEG | 1.05 | – |
| FCF yield | 10.2% | – |
| Fair value | $22.95 | $29.08 |
| Margin of safety | −14.2% (better) | −16.0% |
| Growth | ||
| Revenue growth (TTM) | 1.7% | 35.7% (better) |
| Revenue growth, 5Y average | 9.3% | 15.0% (better) |
| Net income growth (TTM) | 10.4% | 28.2% (better) |
| EPS growth (TTM) | 15.0% (better) | 0.00% |
| EPS growth, 5Y average | 36.1% (better) | 1.7% |
| Profitability | ||
| Net margin | 28.4% (better) | 23.5% |
| FCF margin | 31.5% | – |
| Return on equity | 19.4% (better) | 7.5% |
| Financial health | ||
| Debt / equity | 0.01 | – |
| Altman Z-score | 0.38 (better) | 0.19 |
| Piotroski F-score | 7 (better) | 5 |
| Dividends and buybacks | ||
| Dividend yield | 2.3% (better) | 2.3% |
| Payout ratio | 32.9% | – |
| Years of dividend growth | 8 (better) | 4 |
| Dividend growth, 5Y average | 29.2% | – |
| Buyback yield | 5.1% (better) | 1.2% |
| Shareholder yield | 7.4% (better) | 3.5% |
| Ownership | ||
| Held by institutions | 96.7% | 91.7% |
| Held by insiders | 2.5% | 0.62% |
| Insider net buying, 12 months | −$2.4M (better) | −$3.0M |
| Short interest, % of float | 4.6% | 5.2% |
Go deeper
- FBP stock overview
- FBP income statement
- FBP valuation and score
- SBCF stock overview
- SBCF income statement
- SBCF valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.