First Seacoast Bancorp Past Earnings Performance
Past criteria checks 0/6
First Seacoast Bancorp's earnings have been declining at an average annual rate of -49%, while the Banks industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 2.3% per year.
Key information
-49.0%
Earnings growth rate
-57.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 2.3% |
| Return on equity | -16.0% |
| Net Margin | -114.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How First Seacoast Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 9 | -11 | 15 | 0 |
| 30 Sep 23 | 14 | -3 | 16 | 0 |
| 30 Jun 23 | 15 | -1 | 16 | 0 |
| 31 Mar 23 | 16 | 0 | 16 | 0 |
| 31 Dec 22 | 16 | -1 | 15 | 0 |
| 30 Sep 22 | 16 | 1 | 13 | 0 |
| 30 Jun 22 | 16 | 1 | 13 | 0 |
| 31 Mar 22 | 16 | 2 | 12 | 0 |
| 31 Dec 21 | 16 | 3 | 12 | 0 |
| 30 Sep 21 | 16 | 2 | 12 | 0 |
| 30 Jun 21 | 16 | 2 | 12 | 0 |
| 31 Mar 21 | 15 | 2 | 12 | 0 |
| 31 Dec 20 | 14 | 1 | 12 | 0 |
| 30 Sep 20 | 14 | 1 | 12 | 0 |
| 30 Jun 20 | 14 | 0 | 12 | 0 |
| 31 Mar 20 | 13 | 0 | 12 | 0 |
| 31 Dec 19 | 13 | 0 | 12 | 0 |
| 30 Sep 19 | 13 | 0 | 11 | 0 |
| 30 Jun 19 | 13 | 1 | 10 | 0 |
| 31 Mar 19 | 13 | 1 | 10 | 0 |
| 31 Dec 18 | 13 | 1 | 10 | 0 |
| 31 Dec 17 | 12 | 1 | 10 | 0 |
Quality Earnings: FSEA is currently unprofitable.
Growing Profit Margin: FSEA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FSEA is unprofitable, and losses have increased over the past 5 years at a rate of 49% per year.
Accelerating Growth: Unable to compare FSEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FSEA is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-9%).
Return on Equity
High ROE: FSEA has a negative Return on Equity (-16%), as it is currently unprofitable.