First Seacoast Bancorp (NASDAQ:FSEA) Posts Earnings Results

First Seacoast Bancorp (NASDAQ:FSEA) posted 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 return on equity of 1.36% and a negative net margin of 2.94%.The business had revenue of $3.93 million during the quarter.

First Seacoast Bancorp Stock Performance

Shares of NASDAQ FSEA traded up $0.01 during midday trading on Friday, reaching $16.68. The company had a trading volume of 7,579 shares, compared to its average volume of 77,191. First Seacoast Bancorp has a 1 year low of $10.13 and a 1 year high of $16.80. The business’s 50-day simple moving average is $13.18 and its 200 day simple moving average is $12.76. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.82. The stock has a market cap of $78.23 million, a P/E ratio of -75.82 and a beta of 0.02.

Hedge Funds Weigh In On First Seacoast Bancorp

A hedge fund recently bought a new stake in First Seacoast Bancorp stock. Flywheel Private Wealth LLC purchased a new position in shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned 1.07% of First Seacoast Bancorp as of its most recent filing with the Securities and Exchange Commission. 38.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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