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Stock impact report

Seacoast Announces the Acquisition of Heartland Bancshares, Inc.

Seacoast Banking Corporation of Florida (SBCF) 
Last seacoast banking corporation of florida earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: seacoastbank.com
Company Research Source: Business Wire
Continues Seacoast’s Successful M&A Strategy, Expanding its Footprint in Central FloridaAdds a Seasoned Franchise with a History of High Profitability and Low-Cost Core Deposits STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has signed a definitive agreement to acquire Heartland Bancshares, Inc. (“Heartland”), parent company of Heartland National Bank based in Sebring, FL. The proposed transaction will expand Seacoast’s presence into this key Central Florida market.Heartland operates four branches with deposits of approximately $641 million and loans of approximately $161 million as of December 31, 2024. The proposed transaction is a natural continuation of Seacoast’s M&A strategy and adds a stable, high-quality franchise in a growing market.“Heartland has an outstanding reputation for exceptional service and strong financia Show less Read more
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