Charles Shaffer - Seacoast Banking CFO, Head - Strategy

SBCF Stock  USD 24.01  0.83  3.58%   

CFO

Mr. Charles M. Shaffer is a Chief Financial Officer, Executive Vice President and Head Strategy of the Company. Mr. Shaffer currently serves as Executive Vice President and Community Banking Executive of the Bank, and has led the Community Banking Group since October 2013. As a key driver in the Companys recent efforts to modernize the Bank, Mr. Shaffer was instrumental in influencing Seacoasts retail, small business, mobile, wealth, and nonbranch distribution strategies, as well as designing and working across the organization at all levels to improve efficiencies. Previously, he served as Senior Vice President and Controller of the Bank from 2005 to September 2013. His experience includes all facets of accounting and finance, including internal risk related reporting, SEC reporting, regulatory reporting and strategic planning since 2017.
Age 50
Tenure 7 years
Address 815 Colorado Avenue, Stuart, FL, United States, 34994
Phone772 287 4000
Webhttps://www.seacoastbanking.com
Shaffer holds a BS degree in Finance from Florida State University, a Bachelor of Arts degree in Accounting from Florida Atlantic University and a Masters of Business Administration with a finance specialization from the University of Central Florida. He is also a Certified Public Accountant licensed in the State of Florida and a Chartered Global Management Accountant.

Seacoast Banking Management Efficiency

The Seacoast Banking's current Return On Equity is estimated to increase to 0.05, while Return On Tangible Assets are projected to decrease to 0.01. At this time, Seacoast Banking's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Seacoast Banking's current Other Assets is estimated to increase to about 11.2 B, while Other Current Assets are projected to decrease to roughly 437.6 M. Seacoast Banking's management efficiency ratios could be used to measure how well Seacoast Banking manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 530.88 M in liabilities with Debt to Equity (D/E) ratio of 9.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Seacoast Banking until it has trouble settling it off, either with new capital or with free cash flow. So, Seacoast Banking's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Seacoast Banking sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Seacoast to invest in growth at high rates of return. When we think about Seacoast Banking's use of debt, we should always consider it together with cash and equity.

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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. The company was founded in 1926 and is headquartered in Stuart, Florida. Seacoast Banking operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1095 people. Seacoast Banking (SBCF) is traded on NASDAQ Exchange in USA. It is located in 815 Colorado Avenue, Stuart, FL, United States, 34994 and employs 1,541 people. Seacoast Banking is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Seacoast Banking Leadership Team

Elected by the shareholders, the Seacoast Banking's board of directors comprises two types of representatives: Seacoast Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seacoast. The board's role is to monitor Seacoast Banking's management team and ensure that shareholders' interests are well served. Seacoast Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Seacoast Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
Austen Carroll, Executive Officer
Timothy Huval, Director
David Houdeshell, Chief Risk and Credit Officer, Executive VP, Chief Risk and Credit Officer of Seacoast National Bank and Executive VP of Seacoast National Bank
Edwin Walpole, Independent Director
Stephen Bohner, Independent Director
Michael Sonego, Executive Executive
Joseph Forlenza, Executive Officer
Charles Cross, Executive VP and Commercial Banking Executive
Roger Goldman, Lead Independent Director
Alvaro Monserrat, Director
Julie Daum, Director
Dennis Arczynski, Independent Director
Jeffery Lee, Executive CTO
Tracey Dexter, Executive CFO
Christopher Fogal, Independent Director
James Norton, Executive Executive
Jacqueline Bradley, Director
Amanda Martland, Executive Officer
Maryann Goebel, Director
Herbert Lurie, Director
Herb Lurie, Director
Dennis Hudson, Chairman of the Board, CEO; President of the Bank
Jeffrey Bray, Ex Ops
Thomas Rossin, Independent Director
Michael Crook, Independent Director
Daniel Chappell, Chief VP
Juliette Kleffel, Executive Vice President and Community Banking Executive
Robert Hursh, Market County
Jennifer Reissman, Ex Officer
Michael Young, Treasurer VP
Charles Shaffer, CFO, Head - Strategy
Chris Rolle, President Region
Maria Frias, Chief Risk Officer, Executive VP, Chief Risk Officer of Seacoast National Bank and Executive VP of Seacoast National Bank
Stephen Fowle, CFO, Executive VP, CFO of of Seacoast National Bank and Executive VP of Seacoast National Bank
Hugh Culbreth, Independent Director

Seacoast Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Seacoast Banking a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Seacoast Banking is a strong investment it is important to analyze Seacoast Banking's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Seacoast Banking's future performance. For an informed investment choice regarding Seacoast Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seacoast Banking. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Seacoast Stock please use our How to Invest in Seacoast Banking guide.
Note that the Seacoast Banking information on this page should be used as a complementary analysis to other Seacoast Banking's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Seacoast Stock analysis

When running Seacoast Banking's price analysis, check to measure Seacoast Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seacoast Banking is operating at the current time. Most of Seacoast Banking's value examination focuses on studying past and present price action to predict the probability of Seacoast Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seacoast Banking's price. Additionally, you may evaluate how the addition of Seacoast Banking to your portfolios can decrease your overall portfolio volatility.
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Is Seacoast Banking's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seacoast Banking. If investors know Seacoast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seacoast Banking listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.004
Dividend Share
0.71
Earnings Share
1.23
Revenue Per Share
6.298
Quarterly Revenue Growth
0.008
The market value of Seacoast Banking is measured differently than its book value, which is the value of Seacoast that is recorded on the company's balance sheet. Investors also form their own opinion of Seacoast Banking's value that differs from its market value or its book value, called intrinsic value, which is Seacoast Banking's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seacoast Banking's market value can be influenced by many factors that don't directly affect Seacoast Banking's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seacoast Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seacoast Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seacoast Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.