NasdaqCM:FSEA

Stock Analysis Report

First Seacoast Bancorp

Executive Summary

First Seacoast Bancorp operates as a holding company for First Seacoast Bank that provides various banking products and services.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • First Seacoast Bancorp is not covered by any analysts.

Share Price & News

How has First Seacoast Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.1%

NasdaqCM:FSEA

2.4%

US Mortgage

2.9%

US Market


1 Year Return

n/a

NasdaqCM:FSEA

-1.5%

US Mortgage

0.2%

US Market

No trading data on FSEA.

No trading data on FSEA.


Share holder returns

FSEAIndustryMarket
7 Day-0.1%2.4%2.9%
30 Day-3.4%-1.5%-2.3%
90 Dayn/a0.6%3.1%
1 Yearn/a0.6%-1.5%2.4%0.2%
3 Yearn/a32.6%23.8%41.7%32.4%
5 Yearn/a58.2%41.6%55.1%37.9%

Price Volatility Vs. Market

How volatile is First Seacoast Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is First Seacoast Bancorp undervalued based on future cash flows and its price relative to the stock market?


Intrinsic Value Based on Future Cash Flows

First Seacoast Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

First Seacoast Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Unable to compare the PE ratio to the industry average as no data exists.

Unable to calculate PE ratio for First Seacoast Bancorp, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for First Seacoast Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Unable to compare the PB ratio to the industry average as no data exists.


Next Steps

Future Growth

How is First Seacoast Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if First Seacoast Bancorp is high growth as no revenue estimate data is available.

First Seacoast Bancorp's earnings are expected to grow significantly at over 20% yearly.

Unable to compare First Seacoast Bancorp's revenue growth to the United States of America market average as no estimate data is available.

First Seacoast Bancorp's earnings growth is expected to exceed the United States of America market average.

First Seacoast Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if First Seacoast Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First Seacoast Bancorp performed over the past 5 years?

8.7%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Unable to establish if First Seacoast Bancorp's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Unable to compare First Seacoast Bancorp's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.

First Seacoast Bancorp's earnings growth has not exceeded the US Mortgage industry average in the past year (8.7% vs 32.9%).


Return on Equity

First Seacoast Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First Seacoast Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if First Seacoast Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is First Seacoast Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

First Seacoast Bancorp has an acceptable proportion of non-loan assets held.

First Seacoast Bancorp has a sufficient allowance for bad loans.

First Seacoast Bancorp's liabilities are made up of primarily low risk sources of funding.

First Seacoast Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at First Seacoast Bancorp are broadly funded by customer deposits.

First Seacoast Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First Seacoast Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate First Seacoast Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate First Seacoast Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as First Seacoast Bancorp has not reported any payouts.

Unable to verify if First Seacoast Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as First Seacoast Bancorp has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of First Seacoast Bancorp's salary, the management and board of directors tenure and is there insider trading?

US$236k

CEO Compensation


CEO

Jim Brannen (58yo)

0.0yrs

Tenure

US$236,294

Compensation

Mr. James R. Brannen, also known as Jim, serves as President, Chief Executive Officer and Director at First Seacoast Bank (MHC). He was Senior Vice President at Northway Financial, Inc. He is a 30-year vet ...


Insider Trading

More shares have been bought than sold by First Seacoast Bancorp individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$32,05921 Aug 19
Mark Boulanger
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,590
Max PriceUS$8.93
BuyUS$24,99619 Aug 19
Erica Johnson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,796
Max PriceUS$8.94

Ownership Breakdown


Management Team

  • Jim Brannen (58yo)

    President

    • Tenure: 0.0yrs
    • Compensation: US$236.29k
  • Rick Donovan (53yo)

    Chief Financial Officer

    • Tenure: 1.3yrs
    • Compensation: US$127.98k

Board Members

  • Jim Brannen (58yo)

    President

    • Tenure: 0.0yrs
    • Compensation: US$236.29k
  • Patricia Barbour (68yo)

    Director

    • Tenure: 0.0yrs
  • Dana Lynch (65yo)

    Chairman

    • Tenure: 0.0yrs
  • James Jalbert (61yo)

    Director

    • Tenure: 0.0yrs
  • Mike Bolduc (48yo)

    Director

    • Tenure: 0.0yrs
  • TJ Jean (40yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • Janet Sylvester (61yo)

    Director

    • Tenure: 0.0yrs
  • Erica Johnson (39yo)

    Director

    • Tenure: 0.0yrs
  • Mark Boulanger (47yo)

    Director

    • Tenure: 0.0yrs
  • Paula Williamson-Reid (57yo)

    Director

    • Tenure: 0.0yrs

Company Information

First Seacoast Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Seacoast Bancorp
  • Ticker: FSEA
  • Exchange: NasdaqCM
  • Founded: 1890
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$54.234m
  • Shares outstanding: 6.08m
  • Website: https://www.firstseacoastbank.com

Number of Employees


Location

  • First Seacoast Bancorp
  • 633 Central Avenue
  • Dover
  • New Hampshire
  • 3820
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSEANasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJul 2019

Biography

First Seacoast Bancorp operates as a holding company for First Seacoast Bank that provides various banking products and services. It offers various deposit accounts, including non-interest-bearing and inte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:55
End of Day Share Price2019/08/21 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.