Comparison of Seacoast Banking Co. of Florida (NASDAQ:SBCF) and Silvergate Capital (NYSE:SI)

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Seacoast Banking Co. of Florida (NASDAQ:SBCF – Get Rating) and Silvergate Capital (NYSE:SI – Get Rating) are both mid-cap finance companies, but which company is better? We’ll compare the two companies based on their dividend strength, risk, valuation, earnings, institutional ownership, analyst recommendations and profitability.

Profitability

This table compares the net margins, return on equity and return on assets of Seacoast Banking Co. of Florida and Silvergate Capital.

Net margins Return on equity return on assets
Seacoast Banking Co. of Florida 35.05% 10.93% 1.43%
Silvergate Capital 45.57% 7.87% 0.68%

Institutional and insider ownership

82.6% of Seacoast Banking Co. of Florida shares are held by institutional investors. By comparison, 83.5% of Silvergate Capital’s shares are held by institutional investors. 2.2% of the shares of Seacoast Banking Co. of Florida are held by insiders of the company. By comparison, 8.5% of Silvergate Capital’s stock is held by company insiders. Strong institutional ownership indicates that endowments, hedge funds, and large fund managers believe a company will outperform the market over the long term.

Valuation and benefits

This table compares the revenue, earnings per share (EPS), and valuation of Seacoast Banking Co. of Florida and Silvergate Capital.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Seacoast Banking Co. of Florida $354.97 million 5.61 $124.40 million $1.91 17.02
Silvergate Capital $175.65 million 21.05 $78.53 million $3.13 37.37

Seacoast Banking Co. of Florida has higher revenue and profit than Silvergate Capital. Seacoast Banking Co. of Florida trades at a lower price-to-earnings ratio than Silvergate Capital, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Seacoast Banking Co. of Florida and Silvergate Capital, as reported by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Seacoast Banking Co. of Florida 0 2 1 0 2.33
Silvergate Capital 0 1 8 0 2.89

Seacoast Banking Co. of Florida currently has a consensus price target of $37.50, suggesting a potential upside of 15.38%. Silvergate Capital has a consensus price target of $206.00, suggesting a potential upside of 76.13%. Given Silvergate Capital’s stronger consensus rating and higher likely upside, analysts clearly think Silvergate Capital is more favorable than Seacoast Banking Co. of Florida.

Risk and Volatility

Seacoast Banking Co. of Florida has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. In comparison, Silvergate Capital has a beta of 2.46, indicating that the its share price is 146% more volatile than the S&P. 500.

Summary

Silvergate Capital beat Seacoast Banking Co. of Florida on 10 of 14 factors compared between the two stocks.

Company Profile Seacoast Banking Co. of Florida (Get an assessment)

Seacoast Banking Corporation of Florida operates as a bank holding company for Seacoast National Bank which provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management and mortgages; and brokerage and annuity services. The company offers interest-free and interest-bearing demand deposit, money market, savings and customer swipe accounts; term deposit certificates; construction and land development, commercial and residential real estate and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats and for personal or family purposes. As of December 31, 2021, it had 54 branches and commercial loan offices. The company was founded in 1926 and is based in Stuart, Florida.

Silvergate Capital Company Profile (Get an assessment)

Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank which provides corporate and personal banking products and services in the United States. The Company accepts deposit products, including interest-bearing and non-interest-bearing current accounts, money market and savings accounts, and certificates of deposit accounts. Its lending products include one to four family home loans, multi-family home loans, commercial real estate loans, construction loans, commercial and industrial loans, warehouse mortgages and reverse mortgages, as well as consumer loans and other loans secured by personal property. The company also provides cash management services for digital currency-related businesses. Silvergate Capital Corporation was founded in 1988 and is headquartered in La Jolla, California.



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