STUART, Fla., Nov. 23, 2020 /PRNewswire/ -- Seacoast Banking
Corporation of Florida (NASDAQ:
SBCF) has been named to Fortune Magazine's 100 Fastest-Growing
Companies for the third consecutive year. Seacoast Bank is one of
only four companies in Florida,
and the only financial institution headquartered in the state, to
earn a spot on the list.
Fortune recognizes the 100 Fastest-Growing Companies among
domestic or foreign companies that trade on a major U.S. stock
exchange and have a minimum market capitalization of $250 million and a stock price of at least
$5, among other requirements.
Companies are ranked each year by revenue growth rate, earnings per
share growth rate, and three-year annualized total return. The
overall rank is based on the sum of these three rankings.
"It's an honor to be named to Fortune's 100 Fastest-Growing
Companies list for the third consecutive year," said Dennis "Denny"
S. Hudson III, Chairman and CEO of Seacoast Banking Corporation of
Florida. "We're proud of this
accomplishment, but even prouder to continue providing outstanding
service to our customers across the state."
"This distinction is a direct reflection of the remarkable job
our team has done serving customers, implementing technological
improvements, and executing our balanced growth strategy," added
Charles "Chuck" Shaffer, President and COO of Seacoast Banking
Corporation of Florida. "Fortune
selects companies by measuring growth and performance. Fostering a
culture that enables our associates to grow and thrive allows
Seacoast Bank to grow the services and support we provide to every
customer."
To learn more about Seacoast Bank, visit
SeacoastBanking.com.
To learn more about Fortune's 100 Fastest-Growing Companies,
visit fortune.com/100-fastest-growing-companies/2020/.
About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)
Seacoast Banking Corporation of Florida is one of the largest community banks
headquartered in Florida, with
approximately $8.3 billion in assets
and $6.9 billion in deposits as of
September 30, 2020. The Company
provides integrated financial services, including commercial and
retail banking, wealth management, and mortgage services to
customers through advanced banking solutions and 51 traditional
branches of its locally-branded, wholly-owned subsidiary bank,
Seacoast Bank. Offices stretch from Fort
Lauderdale, Boca Raton, and
West Palm Beach north through the
Daytona Beach area, into
Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties. More
information about the Company is available at
www.SeacoastBanking.com.
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SOURCE Seacoast Bank