FSEA icon

First Seacoast Bancorp

9.94 USD
+0.02
0.20%
At close Dec 20, 4:00 PM EST
After hours
9.94
+0.00
0.00%
1 day
0.20%
5 days
0.30%
1 month
10.08%
3 months
8.63%
6 months
10.32%
Year to date
30.45%
1 year
32.71%
5 years
4.63%
10 years
1.95%
 

About: First Seacoast Bancorp Inc is a savings and loan holding company. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank, in one-to-four-family residential real estate loans, commercial real estate, and multi-family real estate loans, acquisition, development and land loans, commercial and industrial loans, home equity loans and lines of credit and consumer loans. The company generates revenue from financial instruments, such as loans, letters of credit, and investment securities, as well as revenue related to mortgage servicing activities and bank-owned life insurance.

Employees: 76

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

6% more funds holding

Funds holding: 17 [Q2] → 18 (+1) [Q3]

2.1% more ownership

Funds ownership: 22.44% [Q2] → 24.55% (+2.1%) [Q3]

4% more capital invested

Capital invested by funds: $10.2M [Q2] → $10.6M (+$420K) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

Research analyst outlook

We haven’t received any recent analyst ratings for FSEA.

Financial journalist opinion

Neutral
Business Wire
1 week ago
First Seacoast Bancorp, Inc. Authorizes Additional Share Repurchases Under Ongoing Stock Repurchase Program
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: FSEA), the holding company for First Seacoast Bank, announced today it has authorized additional share repurchases, up to an additional 228,858 shares of common stock, under its ongoing stock repurchase program. Previously announced in April 2024, the original repurchase authorization encompassed 507,707 shares of common stock, representing approximately 10% of the then outstanding shares. To date.
First Seacoast Bancorp, Inc. Authorizes Additional Share Repurchases Under Ongoing Stock Repurchase Program
Neutral
Business Wire
6 months ago
First Seacoast Bank Completes Sale-Leaseback Transaction with MountainSeed Real Estate Services, LLC
DOVER, N.H. & ATLANTA--(BUSINESS WIRE)--Effective June 11, 2024, First Seacoast Bank, the wholly-owned subsidiary of First Seacoast Bancorp, Inc. (Nasdaq: "FSEA"), completed its previously announced sale-leaseback transaction with MountainSeed Real Estate Services, LLC, a Georgia limited liability company ("MountainSeed").
First Seacoast Bank Completes Sale-Leaseback Transaction with MountainSeed Real Estate Services, LLC
Neutral
Business Wire
8 months ago
First Seacoast Bancorp, Inc. Authorizes Stock Repurchase Program
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: FSEA), the holding company for First Seacoast Bank, announced today it has authorized a stock repurchase program for up to 507,707 shares of common stock, representing approximately 10% of shares currently outstanding, to be effective as soon as practicable after the Company files its Quarterly Report on Form 10-Q for the period ending March 31, 2024, with the Securities and Exchange Commission (t.
First Seacoast Bancorp, Inc. Authorizes Stock Repurchase Program
Positive
Seeking Alpha
1 year ago
Bank Buzz: 2 Value Plays With Near-Term Catalysts
Our strategy is to invest in banks trading below TBV with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. This combination typically leads to two catalysts, first accretive share repurchases and ultimately a sale to a larger institution. Trading at less than 60% of TBV, we theorize that FSEA will begin an accretive stock buyback program in 1Q24.
Bank Buzz: 2 Value Plays With Near-Term Catalysts
Neutral
Business Wire
1 year ago
First Seacoast Bancorp, Inc. Announces Balance Sheet Repositioning
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the "Company") (NASDAQ Capital Market: FSEA), the holding company for First Seacoast Bank, announced today the execution of a balance sheet repositioning strategy related to its available-for-sale investment securities portfolio. The Company sold $40.6 million in book value of its lower-yielding investment securities for an estimated after-tax realized loss of $3.1 million. The investment securities sold consisted of $27.3 million of m.
First Seacoast Bancorp, Inc. Announces Balance Sheet Repositioning
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