First Seacoast Bancorp (NASDAQ:FSEA) Announces Quarterly Earnings Results

First Seacoast Bancorp (NASDAQ:FSEA) announced its quarterly earnings data on Friday. The company reported ($0.12) earnings per share for the quarter, FiscalAI reports. First Seacoast Bancorp had a negative net margin of 2.94% and a negative return on equity of 1.36%. The company had revenue of $3.93 million during the quarter.

First Seacoast Bancorp Stock Up 0.1%

Shares of NASDAQ FSEA traded up $0.01 during mid-day trading on Friday, reaching $16.68. 7,579 shares of the company were exchanged, compared to its average volume of 77,191. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.82. The stock has a market cap of $78.23 million, a price-to-earnings ratio of -69.50 and a beta of 0.02. First Seacoast Bancorp has a 1 year low of $10.13 and a 1 year high of $16.80. The firm has a 50-day moving average of $13.18 and a 200 day moving average of $12.76.

Institutional Investors Weigh In On First Seacoast Bancorp

An institutional investor recently bought a new position in First Seacoast Bancorp stock. Flywheel Private Wealth LLC purchased a new stake in shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned approximately 1.07% of First Seacoast Bancorp at the end of the most recent quarter. 38.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of First Seacoast Bancorp in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

First Seacoast Bancorp Company Profile

First Seacoast Bancorp is the bank holding company for First Seacoast Bank, a regional financial institution headquartered in Dover, New Hampshire. The company provides a comprehensive range of banking products and services designed to meet the needs of individuals, families and businesses. Through its community-focused approach, First Seacoast Bancorp emphasizes personalized customer service and local decision-making.

The company’s retail offerings include deposit accounts such as checking, savings, money market and certificate of deposit products, along with consumer lending solutions including residential mortgages, home equity lines of credit and vehicle financing.