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Seacoast Banking Corporation of Florida Set to Join S&P SmallCap 600

NEW YORK, Feb. 14, 2018 /PRNewswire/ -- Seacoast Banking Corporation of Florida (SBCF) will replace Deltic Timber Corp. (DEL) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, February 21. S&P MidCap 400 constituent Potlatch Corp. (PCH) is acquiring Deltic Timber in a transaction expected to be completed on or about February 20 pending final approvals.

Seacoast Banking is a community bank providing financial services.  Headquartered in Stuart, FL, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – FEBRUARY 21, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Seacoast Banking

Financials

Regional Banks

DELETED

Deltic Timber

Materials

Forest Products

 

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