Seacoast Banking Corporation of Florida acquires Apollo Bancshares, Inc.

Transaction Details

Announcement:
3/29/22

Consideration:
$160.3M

Consideration Mix:
100% Stock

P/TBV:
2.38x

Source: CapitalIQ

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Buyer

Seacoast Banking Corporation of FloridaStuart, FL

Seller

Apollo Bancshares, Inc.Miami, FL

Financial Highlights
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Loan Portfolio
Consolidated Maturities
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Funding Profile

Data as of 2021Q4.