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Seacoast Banking of Florida Completes $111.2 Million Acquisition of Heartland Bancshares
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Seacoast Banking of Florida Completes $111.2 Million Acquisition of Heartland Bancshares
Jul 14, 2025 2:34 AM

05:20 AM EDT, 07/14/2025 (MT Newswires) -- Seacoast Banking of Florida (SBCF) said Friday it finalized its acquisition of Heartland Bancshares, the parent of Heartland National Bank.

As part of the deal, the company said Heartland National Bank merged into Seacoast Bank, which remains the operating institution.

It added that Heartland shareholders received a mix of cash and stock, with the total transaction valued at around $111.2 million.

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