Seacoast Banking Corporation of Florida
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Financials : Banks | Small Cap Value
Company profile

Seacoast Banking Corporation of Florida is a financial holding company. The Company's principal subsidiary is Seacoast National Bank (Seacoast Bank), a wholly owned national banking association. It provides integrated financial services, including commercial and consumer banking, wealth management and mortgage services to customers through online and mobile banking solutions and Seacoast Bank's network of approximately 54 traditional branches and commercial banking centers. Its loans held for investment are categorized as construction and land development, commercial real estate-owner-occupied, commercial real estate-non-owner-occupied, residential real estate, commercial and financial, and consumer and paycheck protection program. Its offices stretch from the southeast, including Fort Lauderdale, Boca Raton and Palm Beach, north along the east coast to the Daytona area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties.

Closing Price
Day's Change
-0.41 (-1.29%)
B/A Size
Day's High
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10-day average volume:

Fortinet stock falls following split outlook

4:57 pm ET August 3, 2022 (MarketWatch)

Fortinet Inc. (FTNT) shares fell in the extended session Wednesday after some of the cybersecurity company's outlook slipped below the Wall Street consensus following a slight beat. Fortinet shares dropped 11% after hours, following a 4.2% rise in the regular session to close at $62.88. The company reported second-quarter net income of $173.5 million, or 21 cents a share, compared with $137.5 million, or 16 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 24 cents a share, compared with 19 cents a share in the year-ago period. Revenue rose to $1.03 billion from $801.1 million in the year-ago quarter. Analysts surveyed by FactSet had forecast 22 cents a share on revenue of $1.03 billion. Fortinet forecast earnings of 26 cents to 28 cents a share on revenue of $1.11 billion to $1.14 billion for the third quarter, and $1.01 to $1.06 a share on revenue of $4.35 billion to $4.4 billion for the year. Analysts had estimated 27 cents a share on revenue of $1.13 billion for the third quarter, and $1.03 a share on revenue of $4.39 billion for the year.

-Wallace Witkowski


(END) Dow Jones Newswires

August 03, 2022 16:57 ET (20:57 GMT)

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