Is Seacoast Banking Corp. of Florida overvalued or undervalued?

As of 26 August 2025, the valuation grade for Seacoast Banking Corp. of Florida has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 18, a Price to Book Value of 1.00, and an EV to EBITDA ratio of 14.42. In comparison to peers, Atlantic Union Bankshares Corp. has a higher P/E of 17.24 and is considered expensive, while Independent Bank Corp. has a P/E of 18.40 and is rated fair.
In terms of recent performance, Seacoast Banking Corp. outperformed the S&P 500 with a year-to-date return of 14.53% compared to the index's 12.22%. However, over a five-year period, the company has lagged significantly with a return of 69.24% versus the S&P 500's 96.61%. This mixed performance, combined with its attractive valuation ratios, suggests that the stock may have room for growth.