Stephens analyst Russell Gunther raised the firm’s price target on Seacoast Banking (SBCF) to $26 from $25 and keeps an Equal Weight rating on the shares after operating EPS of 36c beat the Street and Stephens’ view. The firm expects continued NIM expansion alongside gradually accelerating loan growth to result in Seacoast approaching its 1% ROA target in Q4 of 2025, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBCF: