First Seacoast Bancorp (NASDAQ:FSEA) Releases Earnings Results

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

First Seacoast Bancorp Trading Up 0.1%

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

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 acquired a new stake in First Seacoast Bancorp Inc. (NASDAQ:FSEA) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 50,088 shares of the company’s stock, valued at approximately $629,000. Flywheel Private Wealth LLC owned 1.07% of First Seacoast Bancorp at the end of the most recent quarter. 38.38% of the stock is currently owned by hedge funds and other 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, Based on data from MarketBeat, the stock presently has an average 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.