Seacoast Banking Agrees $711M Villages Bancorporation Acquisition

Seacoast Banking Corporation of Florida is set to acquire Villages Bancorporation for approximately $710.8 million in a deal that underscores the ongoing consolidation trend in the U.S. regional banking sector. This acquisition, expected to close by late 2025, will add 19 branches, $3.5 billion in deposits, and $1.3 billion in loans to Seacoast’s portfolio, enhancing its market presence in Florida. The deal is anticipated to increase Seacoast’s earnings per share by about 22% in 2026, with tangible book value dilution recovered in under three years. Villages Bancorporation, operating primarily in the rapidly growing community of The Villages, brings a strong customer base and consistent demand for tailored financial products. Both banks’ leadership emphasized the strategic benefits, including expanded services and improved profitability for shareholders. This merger reflects broader industry dynamics where regional banks pursue M&A to address competition, rising costs, and regulatory pressures.