The Stuart-based bank — one of the most aggressive acquirers of Florida banks — has completed its first deal in nearly two ...
Seacoast Banking Corp. seeks to expand its footprint in central Florida by buying Heartland Bancshares in a stock and cash ...
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GlobalData on MSNSeacoast to acquire Heartland Bancshares to expand Central Florida presenceHeartland currently operates four branches, holding deposits of roughly $641m and loans of about $161m as of 31 December 2024.
The $15 billion-asset Seacoast is paying a hefty premium, but CEO Charles Shaffer called Heartland Bancshares an "incredibly valuable" franchise.
“I was born and bred in Florida citrus and this vital industry is not going down on my watch,” Albritton said. “Research and ...
A dangerous tornado outbreak which started on Friday evening continued into the first half of the weekend with nearly 2 dozen ...
Seacoast Banking Corporation of Florida ("Seacoast" or the "Company") (NASDAQ: SBCF), the holding company for Seacoast National Bank ("Seacoast Bank"), announced today that it has signed a definitive ...
Looking ahead, the 6- to 10-day outlook calls for the likelihood of above-normal temperatures across the South, East, and ...
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Seacoast Banking acquires Heartland BancsharesThe proposed transaction will expand Seacoast’s presence into this key Central Florida market. Heartland operates four branches with deposits of ~$641M and loans of ~$161M as of December 31, 2024.
Under the terms of the deal, Heartland shareholders would have the choice to receive stock, cash, or a mix of 50% cash and 50% stock. Seacoast said it would pay $147.10 a share in cash, or give 4.9164 ...
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