Raymond James Financial

(RJF) - Get Report

gained as the St Petersburg, Fla.-based brokerage reported a 14% rise in its fourth-quarter profit. The firm earned $50.9 million, or 44 cents a share, compared with $44.7 million, or 39 cents a share, a year ago.

Net revenue rose 4% to $587 million. Analysts, as surveyed by Thomson Financial, were looking for earnings of 43 cents a share on revenue of $580 million. Shares were trading up 50 cents, or 1.6%, to $31.65.

SeaBright Insurance

( SEAB) gained after the Seattle-based company beat Wall Street's third-quarter expectations. The company posted earnings of $9.1 million, or 44 cents a share, compared with $5.1 million, or 30 cents a share, a year ago. Revenue increased 19.2% to $52.8 million. Wall Street was looking for earnings of 35 cents a share on revenue of $51 million. Shares were trading up $1.50, 11%, to $15.26.

Aflac

(AFL) - Get Report

posted a drop in third-quarter earnings as results were hurt by lower investment gains and weakness in the Japanese yen relative to the dollar. The insurer, which derives a significant portion of its business from Japan, said its net income fell to $367 million, or 73 cents a share, from $455 million, or 90 cents a share, a year earlier.

Operating earnings, which exclude investment gains, rose to $363 million, or 72 cents a share. On that basis, earnings matched expectations. Aflac's revenue was flat at $3.67 billion. Aflac shares were down 85 cents, or 1.9%, to $43.76.

Universal American Financial

( UHCO) soared after the Rye Brook, N.Y.-based insurer said it's considering a management-led buyout of the company at $18.15 a share. Heading up the buyout offer is Richard A. Barasch, the firm's chairman and CEO. The group also includes a combination of private equity firms and hedge funds: Capital Z Partners, Lee Equity Partners, Perry Capital, and Welsh, Carson, Anderson & Stowe X. The group currently owns 48% of Universal American's stock. Shares were climbing $2.25, or 13.9%, to $18.43.

Seacoast Banking

(SBCF) - Get Report

lost ground after the Stuart, Fla.-based firm missed Wall Street's third-quarter earnings expectations. The company posted income of $5.9 million, or 31 cents a share, compared with $5.6 million, or 32 cents a share, a year ago. Wall Street was looking for earnings of 38 cents a share. The company said results for the quarter were affected by a more challenging interest rate environment. Mortgage banking revenue also remained soft during the quarter. Shares fell $2.78, or 9.5%, to $26.44.