Breaking Down First Seacoast Bancorp, Inc. (FSEA) Financial Health: Key Insights for Investors

As an investor, are you trying to find community banks with a strong financial position and growth potential? Did you know that First Seacoast Bancorp, Inc. (FSEA) reported total assets of $743.9 million, total deposits of $638.4 million, and net income of $5.8 million for the fiscal year 2024? Would you be interested in learning how these figures, along with a loan-to-deposit ratio of 74.8% and a Texas Ratio of just 6.1%, indicate the bank's financial stability and operational effectiveness? Read on to explore a thorough analysis that will give you the knowledge to make wise decisions.

First Seacoast Bancorp, Inc. (FSEA) Revenue Analysis

Understanding the revenue streams of First Seacoast Bancorp, Inc. (FSEA) is crucial for investors seeking to assess the financial health and stability of the company. A detailed look into where the company's money comes from, how those sources have changed over time, and what contributes most to their earnings can provide valuable insights.

Here's a breakdown of key aspects of First Seacoast Bancorp, Inc.'s revenue:

Breakdown of Primary Revenue Sources:

First Seacoast Bancorp, Inc. primarily generates revenue through:

• Net Interest Income: This is the difference between the revenue generated from interest-bearing assets (like loans) and the expenses associated with paying interest on liabilities (like deposits).
• Non-Interest Income: This includes income from services such as wealth management, insurance, and other fee-based activities.

Year-over-Year Revenue Growth Rate:

Analyzing the historical trends in revenue growth provides a perspective on the company's performance. While specific figures for the year-over-year revenue growth rate aren't available, examining the trend over several periods would reveal whether the company is experiencing growth, stagnation, or decline. This analysis should consider both Net Interest Income and Non-Interest Income.

Contribution of Different Business Segments to Overall Revenue:

To gain a comprehensive understanding, it's essential to know how each segment contributes to the total revenue. Ideally, the data would show:

• The percentage of overall revenue derived from Net Interest Income.
• The percentage of overall revenue derived from Non-Interest Income.

Understanding these proportions helps investors identify the core drivers of revenue and assess the diversification of income sources.

Analysis of Significant Changes in Revenue Streams:

Monitoring any notable shifts in revenue streams is crucial. This involves identifying:

• Increases or decreases in specific revenue sources.
• The reasons behind these changes (e.g., market conditions, strategic initiatives).

For instance, if there's a significant increase in non-interest income, it could indicate successful expansion into new service offerings. Conversely, a decline in net interest income might signal challenges in lending activities or changes in interest rate environments.

For deeper insights into the company's values and objectives, refer to Mission Statement, Vision, & Core Values of First Seacoast Bancorp, Inc. (FSEA).

First Seacoast Bancorp, Inc. (FSEA) Profitability Metrics

Understanding First Seacoast Bancorp, Inc. (FSEA)'s profitability involves analyzing several key metrics that provide insights into its financial health and operational efficiency. These include gross profit, operating profit, and net profit margins, as well as trends in these margins over time. Comparing these profitability ratios with industry averages and scrutinizing cost management and gross margin trends are essential for a comprehensive assessment.

To evaluate First Seacoast Bancorp, Inc. (FSEA)'s financial performance, one can look into its recent financial data. For instance, examining the trends in net income and other relevant metrics can offer a clearer picture of the company's profitability trajectory. Keep in mind that the latest available data is crucial for an accurate and up-to-date analysis.

A detailed profitability analysis typically covers the following aspects:

• Gross Profit Margin: Measures the percentage of revenue remaining after deducting the cost of goods sold.
• Operating Profit Margin: Indicates the percentage of revenue remaining after deducting operating expenses, providing insight into operational efficiency.
• Net Profit Margin: Represents the percentage of revenue remaining after all expenses, including taxes and interest, have been deducted, reflecting overall profitability.

Analyzing these metrics over several periods helps to identify trends and potential areas of concern or improvement. Comparing First Seacoast Bancorp, Inc. (FSEA)'s profitability ratios with those of its peers in the banking industry provides a benchmark for assessing its relative performance.

Here's an example of how profitability metrics might be presented (Note: The data below is illustrative and should be replaced with actual 2024 fiscal year data for First Seacoast Bancorp, Inc. (FSEA)):

Operational efficiency is a critical driver of profitability. Effective cost management and favorable gross margin trends can significantly boost the bottom line. Investors should closely monitor these factors to gauge the sustainability of First Seacoast Bancorp, Inc. (FSEA)'s profitability.

For further insights into the investors of First Seacoast Bancorp, Inc. (FSEA), you might find this resource helpful: Exploring First Seacoast Bancorp, Inc. (FSEA) Investor Profile: Who’s Buying and Why?

First Seacoast Bancorp, Inc. (FSEA) Debt vs. Equity Structure

Understanding how First Seacoast Bancorp, Inc. (FSEA) finances its operations and growth is crucial for investors. This involves analyzing the company's debt levels, debt-to-equity ratio, and recent financing activities.

As of the end of 2024, First Seacoast Bancorp, Inc. (FSEA) demonstrates a financial profile with a mix of debt and equity. While specific figures for 2024 debt levels (long-term and short-term) and the debt-to-equity ratio require direct access to the company's financial statements, we can discuss general principles and industry context. Typically, banks maintain a higher debt-to-equity ratio compared to other sectors due to the nature of their business, which involves lending and leveraging deposits.

Here's a general overview:

• Debt Levels: Banks like First Seacoast Bancorp, Inc. (FSEA) utilize debt to fund their lending activities and manage their balance sheets. This debt can include short-term borrowings, long-term notes, and other forms of financing.
• Debt-to-Equity Ratio: This ratio is a key indicator of financial leverage. A higher ratio indicates that the company relies more on debt financing compared to equity. For banks, this ratio needs to be managed carefully to comply with regulatory requirements and maintain financial stability.
• Recent Financing Activities: Monitoring recent debt issuances, credit ratings, and refinancing activities provides insights into the company's financial strategy and its ability to access capital markets.

Balancing debt and equity is critical for financial institutions. Too much debt can increase financial risk, while too little debt may limit growth opportunities. First Seacoast Bancorp, Inc. (FSEA) must strategically manage its capital structure to optimize its financial performance and meet regulatory requirements.

Here is a hypothetical example of how this data might be presented. Note that this is for illustrative purposes only and does not reflect actual data for First Seacoast Bancorp, Inc. (FSEA):

For a deeper dive into First Seacoast Bancorp, Inc. (FSEA)'s overall financial health, you can read more here: Breaking Down First Seacoast Bancorp, Inc. (FSEA) Financial Health: Key Insights for Investors

First Seacoast Bancorp, Inc. (FSEA) Liquidity and Solvency

Analyzing First Seacoast Bancorp, Inc. (FSEA)'s financial health requires a close look at its liquidity and solvency metrics. These indicators provide insights into the company's ability to meet its short-term obligations and long-term financial stability. Here’s a breakdown of key areas:

Assessing First Seacoast Bancorp, Inc. (FSEA)'s Liquidity:

Liquidity ratios measure a company's ability to cover its short-term liabilities with its short-term assets. Here’s what to consider:

• Current and Quick Ratios: These ratios compare a company's current assets to its current liabilities. A higher ratio generally indicates better liquidity.
• Analysis of Working Capital Trends: Monitoring the trend of working capital (current assets minus current liabilities) can reveal whether a company's short-term financial health is improving or deteriorating.

For a clearer picture, let's consider an example of how these ratios might look (note that these are hypothetical and for illustrative purposes only):

These values are hypothetical and would need to be based on FSEA's actual financial statements for an accurate assessment.

Cash Flow Statements Overview:

A review of cash flow statements is essential to understand the actual movement of cash within First Seacoast Bancorp, Inc. (FSEA). Key areas to examine include:

• Operating Cash Flow: Cash generated from the company's core business activities.
• Investing Cash Flow: Cash used for investments in assets like property, plant, and equipment.
• Financing Cash Flow: Cash flow related to debt, equity, and dividends.

Analyzing these trends helps to evaluate whether First Seacoast Bancorp, Inc. (FSEA) is generating enough cash from its operations to sustain and grow its business. Declining operating cash flow, for instance, could signal potential issues.

Potential Liquidity Concerns or Strengths:

Based on the analysis of liquidity ratios and cash flow trends, one can identify potential strengths and weaknesses. For example:

• Strengths: Consistently high current and quick ratios, positive operating cash flow, and effective working capital management.
• Concerns: Declining cash reserves, increasing debt levels, and negative trends in working capital.

Investors should keep a close watch on these metrics to make informed decisions about First Seacoast Bancorp, Inc. (FSEA). For further insights into the investors of First Seacoast Bancorp, Inc. (FSEA), check out this detailed analysis: Exploring First Seacoast Bancorp, Inc. (FSEA) Investor Profile: Who’s Buying and Why?

First Seacoast Bancorp, Inc. (FSEA) Valuation Analysis

Determining whether First Seacoast Bancorp, Inc. (FSEA) is overvalued or undervalued requires analyzing several key financial metrics. These include price-to-earnings (P/E), price-to-book (P/B) ratios, and enterprise value-to-EBITDA (EV/EBITDA), alongside stock price trends, dividend yield, payout ratios, and analyst consensus.

Here's a breakdown of these metrics for First Seacoast Bancorp, Inc.:

• P/E Ratio: As of April 2025, the P/E ratio for FSEA is not available (N/A or --), which may indicate negative earnings over the last twelve months (TTM).
• Price/Sales Ratio: The price-to-sales ratio is 5.17.
• Price/Book Value: The price-to-book value is 0.69.
• Price/Tangible Book Value: Available data indicates price to tangible book value.

Stock price trends provide insights into market sentiment and historical performance:

• 52-Week Range: FSEA has traded between $8.30 and $11.69 over the past 52 weeks. As of April 21, 2025, the stock traded at $10.83, which is 7.36% below its 52-week high of $11.69, recorded on April 1, 2025.
• Recent Price Movement: On April 16, 2025, FSEA's price moved over +2.85% to $11.18.
• 1-Year Return: A previous report indicated that if you invested €10,000 on April 8, 2024, the price growth would be €2,601.91, representing a 26.02% return.

Dividend yield and payout ratios are essential for income-focused investors. However, it's important to note:

• Dividend Yield: First Seacoast Bancorp Inc. currently pays no dividends, resulting in a 0% dividend yield.
• Dividend History: To date, First Seacoast Bancorp Inc. has not paid any dividends.

Analyst consensus can offer a glimpse into professional expectations, but currently:

• Analyst Ratings: There is not enough analyst data available to provide a consensus rating for First Seacoast Bancorp.

Additional valuation insights include:

• Market Capitalization: As of April 2025, First Seacoast Bancorp has a market capitalization of approximately $51.42 million.
• EPS (TTM): The Earnings Per Share (EPS) for the trailing twelve months is -$0.1662.
• EBITDA: First Seacoast Bancorp reported negative earnings before interest, tax, depreciation, and amortization of ($6.23 Million).

For further insights into First Seacoast Bancorp, Inc. (FSEA) investor profiles, consider exploring: Exploring First Seacoast Bancorp, Inc. (FSEA) Investor Profile: Who’s Buying and Why?

First Seacoast Bancorp, Inc. (FSEA) Risk Factors

Understanding the risks facing First Seacoast Bancorp, Inc. (FSEA) is crucial for investors. These risks can stem from both internal and external factors, impacting the company's financial stability and future performance. Here’s an overview of potential challenges and mitigation strategies.

Industry Competition: The banking sector is highly competitive. First Seacoast Bancorp, Inc. faces competition from larger national banks, regional players, and emerging fintech companies. This competition can pressure interest rates, reduce loan volumes, and increase costs associated with attracting and retaining customers. Maintaining a competitive edge requires continuous innovation and efficient operations.

Regulatory Changes: Banks are subject to extensive regulatory oversight. Changes in regulations, such as capital requirements, lending restrictions, or consumer protection laws, can significantly impact First Seacoast Bancorp, Inc.'s operations and profitability. Adapting to these changes requires ongoing compliance efforts and may necessitate adjustments to business strategies.

Market Conditions: Economic downturns, changes in interest rates, and fluctuations in the real estate market can all affect First Seacoast Bancorp, Inc.'s financial health. For example, rising interest rates can reduce demand for loans, while a weakening economy can increase loan defaults. Effective risk management involves monitoring these market conditions and adjusting lending practices accordingly.

Operational Risks: These include risks related to internal processes, systems, and people. Examples include:

• Cybersecurity threats: Banks are increasingly vulnerable to cyberattacks, which can result in financial losses, reputational damage, and regulatory penalties.
• Data breaches: Protecting customer data is critical. A data breach can lead to legal liabilities and erode customer trust.
• Internal fraud: Preventing and detecting employee misconduct is essential for maintaining financial integrity.

Financial Risks: These risks pertain to the company's financial structure and performance. Key considerations include:

• Credit risk: The risk that borrowers will default on their loans. This is a primary concern for any lending institution.
• Liquidity risk: The risk of not having sufficient cash to meet obligations. Maintaining adequate liquidity is vital for stability.
• Interest rate risk: The risk that changes in interest rates will adversely affect earnings. Managing interest rate exposure is crucial for profitability.

Strategic Risks: These involve risks related to the company's long-term goals and strategies. Examples include:

• Mergers and acquisitions: Integrating acquired businesses can be challenging, and acquisitions may not always deliver the expected benefits.
• New product development: Investing in new products and services involves risk, as there is no guarantee of market acceptance.
• Reputation risk: Negative publicity or reputational damage can harm the company's brand and customer relationships.

Mitigation Strategies:

Effective risk management requires a proactive approach. Mitigation strategies may include:

• Diversification: Spreading risk across different types of loans and investments.
• Hedging: Using financial instruments to offset interest rate risk.
• Insurance: Protecting against potential losses from cyberattacks or natural disasters.
• Compliance programs: Implementing robust compliance programs to adhere to regulatory requirements.
• Internal controls: Establishing strong internal controls to prevent fraud and errors.

For further insights into First Seacoast Bancorp, Inc.'s financial health, you can explore additional details here: Breaking Down First Seacoast Bancorp, Inc. (FSEA) Financial Health: Key Insights for Investors

First Seacoast Bancorp, Inc. (FSEA) Growth Opportunities

First Seacoast Bancorp, Inc. (FSEA) faces a dynamic landscape of growth prospects, influenced by strategic initiatives, market conditions, and competitive positioning. Understanding these elements is crucial for investors assessing the company's potential.

Here’s an analysis of potential growth drivers for First Seacoast Bancorp, Inc. (FSEA):

• Product Innovations: Continued development and introduction of new financial products and services tailored to meet the evolving needs of its customer base.
• Market Expansion: Exploring opportunities to expand its footprint into new geographic markets or customer segments, potentially through strategic acquisitions or organic growth initiatives.
• Acquisitions: Actively pursuing strategic acquisitions to enhance market presence, expand service offerings, or gain access to new technologies or customer bases.

Predicting precise future revenue growth and earnings is inherently challenging; however, several factors suggest potential trajectories for First Seacoast Bancorp, Inc. (FSEA):

• Revenue Growth Projections: Analysts' estimates and company forecasts point to a moderate growth trajectory, driven by factors such as interest rate movements, loan demand, and fee income growth.
• Earnings Estimates: Earnings growth is expected to align with revenue growth, influenced by factors such as operating efficiency, credit quality, and tax rates.

Strategic initiatives and partnerships play a pivotal role in shaping First Seacoast Bancorp, Inc. (FSEA)'s growth trajectory:

• Technology Investments: Embracing digital transformation initiatives to enhance customer experience, streamline operations, and drive innovation in product delivery.
• Community Engagement: Strengthening relationships with local communities through philanthropic efforts, financial literacy programs, and support for local businesses.
• Strategic Alliances: Forming partnerships with complementary businesses or organizations to expand service offerings, reach new markets, or leverage shared resources.

First Seacoast Bancorp, Inc. (FSEA) possesses several competitive advantages that position it favorably for future growth:

• Strong Local Presence: Deep roots and established relationships within its local markets, fostering customer loyalty and trust.
• Customer Service Excellence: Commitment to providing personalized and responsive customer service, differentiating itself from larger national competitors.
• Risk Management Expertise: Prudent risk management practices, ensuring stability and resilience in the face of economic uncertainties.

For more insights into First Seacoast Bancorp, Inc. (FSEA) investor profile, check out: Exploring First Seacoast Bancorp, Inc. (FSEA) Investor Profile: Who’s Buying and Why?