First Seacoast Bancorp

First Seacoast Bancorp

FSEAยทNASDAQ

$16.80

+0.36%
Financial ServicesBanks - Regional

First Seacoast Bancorp operates as a holding company for First Seacoast Bank that provides various banking products and services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts; and time deposits. It also provides various lending products comprising one- to four-family residential real estate loans; commercial real estate and multi-family loans; acquisition, development, and land loans; commercial and industrial loans; home equity loans and lines of credit; and consumer loans. In addition, the company offers wealth management services, such as retirement planning, portfolio management, investment and insurance strategies, business retirement plans, and college planning services. It operates through its wealth management office located in Dover, New Hampshire; four full-service banking offices in Strafford County, New Hampshire; and one full-service banking office in Rockingham County, New Hampshire. The company was founded in 1890 and is headquartered in Dover, New Hampshire. First Seacoast Bancorp is a subsidiary of First Seacoast Bancorp, MHC.

At a Glance

Live Snapshot
Market Cap$78.82M
EPS-0.2300
P/E Ratio-73.04
Earnings Date05/15/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -73.0).

Valuation inputs: P/E -73.0, earnings yield N/A, momentum +0.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -1.3%, ROIC -0.1%).

Profitability stack: net margin -2.9%, ROE -1.3%, ROIC -0.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +89.4%, momentum +0.4%, net margin -2.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

fsea

First Seacoast Bancorp Market vs Earnings Trajectory

FSEA ยท NASDAQ

Loading price and EPS data...

First Seacoast Bancorp

First Seacoast Bancorp Fair Value Envelope

FSEA ยท NASDAQ

Our analysis suggests that FSEA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $16.8, this represents a potential HIDDEN relative to our calculated worth for First Seacoast Bancorp.

Intrinsic Value
Current Price: $16.8
3Y+92.0%
5Y-228.0%
10Y-168.0%
3Y+66.0%
5Y+63.0%
10Y+101.0%
3Y+50.0%
5Y-178.0%
10Y-193.0%
3Y-54.0%
5Y-68.0%
10Y-87.0%
3Y-62.0%
5Y-70.0%
10Y-83.0%
3Y+12.0%
5Y+35.0%
10Y+67.0%
First Seacoast Bancorp

First Seacoast Bancorp Profit Bridge

FSEA ยท NASDAQ
Revenue28.74M
Cost of Goods Sold (13.30M)
Gross Profit15.44M
Operating Expenses (16.92M)
Operating Income-1.48M
Interest Expense (13.30M)
Other Income/Expense0.00
Pretax Income-1.48M
Income Tax (-638.00K)
Net Income-845.00K
Net Income
-845.00K

Profitability Analysis

Gross Margin

53.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-5.2%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-2.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

53.73%
Gross Profit Margin
8%
3Y-40.0%
5Y-32.0%
10Y-38.0%
-5.16%
Operating Profit Margin
-9929%
3Y-12.0%
5Y-186.0%
10Y-146.0%
-2.94%
Net Profit Margin
53%
3Y-10.0%
5Y-148.0%
10Y-146.0%
-1.33%
Return on Equity
61%
3Y+16.0%
5Y-173.0%
10Y-147.0%
-0.14%
Return on Assets
60%
3Y+34.0%
5Y-158.0%
10Y-156.0%
-0.14%
Return on Invested Capital
-65%
3Y-61.0%
5Y-115.0%
10Y-117.0%
FSEA

First Seacoast Bancorp Cash Conversion Engine

FSEA ยท NASDAQ
Net Income-845.00K
Depreciation & Amortization704.00K
Stock-Based Compensation943.00K
Change in Working Capital513.00K
Others-58.00K
Capital Expenditures-120.00K
Free Cash Flow329.00K

Cash Flow Quality Analysis

FCF Conversion Rate

-38.9%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

26.7%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+109.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$513.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

fsea

First Seacoast Bancorp Funding & Solvency Profile

FSEA ยท NASDAQ
Cash & Cash Equivalents12.79M
Net Receivables2.18M
Inventory0.00
Other Current Assets0.00
Total Current Assets158 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
588.81M

Financial Health Analysis

Debt-to-Equity Ratio

8.40x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

158 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

27% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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First Seacoast Bancorp Street Expectations Map

FSEA ยท NASDAQ

No Target Data

No analyst price targets available for fsea.

fsea

First Seacoast Bancorp Insider Positioning

FSEA ยท NASDAQ

During the last 12 months, insiders have purchased $43K and sold $25K worth of FSEA shares, resulting in $19K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

900

11.09K

Sold

0

0.00

Net Activity

+11K

+$11K

6-9 Months

Bought

0

0.00

Sold

500

5.76K

Net Activity

-6K

-$6K

9-12 Months

Bought

2.8K

32.28K

Sold

1.7K

18.84K

Net Activity

+13K

+$13K

Top Buyers

1
BMP

Boulanger Mark P.

Director

2.2K sharesโ€ข2 transactions

$25K

2
DRM

Donovan Richard M

Officer: President And Cfo

900 sharesโ€ข1 transactions

$11K

3
BJR

Brannen James R.

Director, Officer: Chief Executive Officer

632 sharesโ€ข2 transactions

$7K

4
SJE

Swenson John E.

Officer: Evp And Coo

12 sharesโ€ข1 transactions

$138

Top Sellers

1
JTJ

Jean Thomas J.

Director

2.2K sharesโ€ข2 transactions

$25K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $19K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.76:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

High Buying

4 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

No Dividend Yield Data

FSEA has not reported any dividend yield values in the available annual periods.

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fsea Dividend History

FSEA
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%