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First Merchants vs Seacoast Banking Corp Of Florida

First Merchants and Seacoast Banking Corp Of Florida are similar in size: $663m and $653m of revenue in their latest fiscal years. Seacoast Banking Corp Of Florida grew faster (26.6% against 2.5%). First Merchants kept more of each dollar of sales as profit: a net margin of 34.1% against 22.2%.

Latest fiscal yearFirst MerchantsFRME, 2025Seacoast Banking Corp Of FloridaSBCF, 2025
Revenue $663m $653m
Revenue growth 2.5% 26.6%
Net income $226m $145m
Operating margin — —
Net margin 34.1% 22.2%
Return on equity 9.5% 5.9%
Free cash flow — —
Cash $84.2m $389m
Total debt $1000m $113m
Debt to equity — —
Dividend per share $1.43 —
Dividend yield 3.5% —
Share buybacks $46.9m $0
Employees 2,086 1,962
Market value $2.56bn $3.25bn
Price vs our value range — —
Moat score 74 (Strong) 58 (Moderate)
Insider trades, 12 months 0 buys, 9 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.