Seacoast Banking Corporation of Florida acquires Drummond Banking Company

Transaction Details

Announcement:
5/4/22

Consideration:
173.17M

Consideration Mix:
0 Cash /100 Stock

P/TBV:
1.91x

Source: CapitalIQ

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Buyer

Seacoast Bnkg Corp. of FLStuart, FL

Seller

Drummond Banking Co.Chiefland, FL

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Data as of 2021Q4.