Is Seacoast Banking Corp. of Florida overvalued or undervalued?

As of 21 November 2025, the valuation grade for Seacoast Banking Corp. of Florida has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 18, the Price to Book Value is 1.00, and the EV to EBITDA is 14.42, indicating a valuation that aligns closely with its peers.
In comparison to its peers, Atlantic Union Bankshares Corp. has a P/E of 17.24, while Independent Bank Corp. (Massachusetts) has a P/E of 18.40, suggesting that Seacoast is in line with the industry average. Notably, the company has underperformed the S&P 500 over the longer term, with a 3-year return of -8.96% compared to the index's 67.17%, which reinforces the view that it may not be an attractive investment at this time.