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Stock impact report

Expansion Into Texas Could Boost Glacier Bancorp [Seeking Alpha]

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: Seeking Alpha
GBCI's recent earnings show improvement in net interest margin and efficiency ratio, but non-interest expenses remain elevated due to acquisition costs. The stock trades at a premium valuation, with a PE ratio significantly above sector median and a high price-to-tangible-book value multiple. I rate GBCI as a Hold, citing valuation concerns and limited near-term catalysts. BrianAJackson/iStock via Getty Images In August, I wrote an analysis of Seacoast Banking Corporation of Florida ( SBCF ), referring to the company as a “ serial acquirer ”. At the time, the holding company for Seacoast Bank had just announced This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business Show less Read more
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