$29.30
-1.4%Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; 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 personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $191.3M | $194.6M | $197.9M | $201.3M | $204.8M | $208.3M | $211.9M | $215.5M | $219.2M | $223.0M |
| Maintenance CapEx | -$1.9M | -$1.9M | -$1.9M | -$2.0M | -$2.0M | -$2.0M | -$2.1M | -$2.1M | -$2.1M | -$2.2M |
| Owner Earnings | $189.4M | $192.7M | $196.0M | $199.3M | $202.8M | $206.2M | $209.8M | $213.4M | $217.1M | $220.8M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $175.4M | $165.2M | $155.6M | $146.5M | $138.0M | $130.0M | $122.4M | $115.3M | $108.6M | $102.3M |
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