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Seacoast Banking Corporation of Florida SBCF Recognition of operating lease liabilities, other than through bank acquisitions, net of terminations

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Other financials

Income statement

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Revenue$163.9M+16.5%
Net income$31.9M+1.4%
EPS (diluted)$0.29-21.6%

Balance sheet

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Cash & equivalents$808.4M+61.5%
Total debt$112.8M+5.3%
Total equity$2.7B+21.9%
Total assets$21.1B+34.4%

Cash flow

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Operating cash flow$71.8M+132%

Valuation

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Market cap$3.08B+34.7%
Enterprise value$2.39B+25.5%
P/E21.2×+3.1×
P/S4.6×+0.2×

Profitability

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Net margin21.5%-2.3pp

Returns & leverage

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Return on equity5.9%+0.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Seacoast Banking Corporation of Florida in its filing.

Tagged under the XBRL concept sbcf:OperatingLeaseLiabilityInitialRecognitionOtherThanThroughBankAcquisitions.

The official record: Seacoast Banking Corporation of Florida’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seacoast Banking Corporation of Florida's recognition of operating lease liabilities, other than through bank acquisitions, net of terminations?
Seacoast Banking Corporation of Florida (SBCF) reported recognition of operating lease liabilities, other than through bank acquisitions, net of terminations of $1.31M in Q1 2026.
How has Seacoast Banking Corporation of Florida's recognition of operating lease liabilities, other than through bank acquisitions, net of terminations changed year-over-year?
Seacoast Banking Corporation of Florida's recognition of operating lease liabilities, other than through bank acquisitions, net of terminations decreased by 83.4% year-over-year, from $7.87M to $1.31M.
What is the long-term trend for Seacoast Banking Corporation of Florida's recognition of operating lease liabilities, other than through bank acquisitions, net of terminations?
Over 3 years (2021 to 2025), Seacoast Banking Corporation of Florida's recognition of operating lease liabilities, other than through bank acquisitions, net of terminations has grown at a 1.3% compound annual growth rate (CAGR), from $12.46M to $12.94M.
What does recognition of operating lease liabilities, other than through bank acquisitions, net of terminations mean?
This metric represents the non-cash recognition of new operating lease liabilities arising from lease agreements, excluding those acquired through business combinations. It reflects the company's commitment to future lease payments for office space or equipment, providing insight into long-term fixed operating obligations. Monitoring this helps investors understand the expansion of the bank's physical footprint and its impact on balance sheet leverage.