Seacoast Banking Co. of Florida's shares rose after strong earnings and a Swiss National Bank stake increase.

Seacoast Banking Co. of Florida (SBCF) saw its shares rise slightly as the Swiss National Bank increased its stake by 1.2%. The company reported strong earnings, with EPS of $0.48, beating forecasts. Seacoast, valued at $2.28 billion, has received mixed ratings from analysts, with an average recommendation of "Hold." The company also announced a quarterly dividend of $0.18, payable on March 31 to shareholders of record by March 14.