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

Key Points

• First Seacoast Bancorp reported a quarterly earnings loss of ($0.13) earnings per share (EPS), alongside a net margin of 0.12% and return on equity of 0.06%.
• The company's shares traded at $11.35 during mid-day trading, with a market cap of $53.57 million and a PE ratio of -566.67.
• First Seacoast Bancorp operates as a holding company, providing various banking services, including checking and savings accounts for both individuals and businesses.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) posted its earnings results on Friday. The company reported ($0.13) earnings per share for the quarter, Zacks reports. The business had revenue of $3.88 million during the quarter. First Seacoast Bancorp had a negative return on equity of 4.02% and a negative net margin of 9.05%.

First Seacoast Bancorp Stock Up 1.6%

Shares of FSEA stock traded up $0.18 on Wednesday, reaching $11.39. 1,550 shares of the stock were exchanged, compared to its average volume of 4,658. The company has a current ratio of 0.94, a quick ratio of 1.00 and a debt-to-equity ratio of 0.97. First Seacoast Bancorp has a twelve month low of $8.90 and a twelve month high of $11.80. The company has a market capitalization of $53.53 million, a price-to-earnings ratio of -19.82 and a beta of 0.10. The business's 50 day moving average price is $11.31 and its 200 day moving average price is $11.09.

About First Seacoast Bancorp

First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.