First Seacoast Bancorp serves as the parent organization for First Seacoast Bank, offering a broad spectrum of banking products and financial services ...
First Seacoast Bancorp, Inc. (NASDAQ: FSEA) is a mutual holding company that operates as the parent of First Seacoast Bank, a community bank deeply rooted in the Seacoast region of New Hampshire. Founded in 1890, the bank has a long history of serving local individuals and businesses, with its headquarters ...First Seacoast Bancorp, Inc. (NASDAQ: FSEA) is a mutual holding company that operates as the parent of First Seacoast Bank, a community bank deeply rooted in the Seacoast region of New Hampshire. Founded in 1890, the bank has a long history of serving local individuals and businesses, with its headquarters located at 633 Central Avenue, Dover, New Hampshire. The company operates through a network of five full-service banking branches—four in Strafford County and one in Rockingham County—along with a dedicated wealth management office in Dover.
The bank offers a broad spectrum of financial products and services. On the deposit side, it provides interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, and certificates of deposit. Its lending portfolio includes residential mortgages for one-to-four-family homes, commercial real estate financing, multi-family property loans, acquisition, development, and land loans, commercial and industrial loans, home equity loans and lines of credit, and various consumer loans. Additionally, First Seacoast Bancorp delivers wealth management services encompassing retirement and college planning, portfolio management, investment and insurance strategy development, and business retirement plans.
As of the latest data, the company has a market capitalization of approximately $80.3 million, with its stock trading on the NASDAQ Capital Market under the symbol FSEA. Its financial metrics indicate a modest but stable operation: total revenue per share stands at $5.996, book value per share at $14.882, and a price-to-book ratio of 1.15. The bank's balance sheet reflects a debt-to-equity ratio of 0.703 and a financial leverage ratio of about 9.03, typical for a deposit-taking institution. Despite a small net profit margin of 0.2%, the company maintains positive equity and tangible asset value of $63.81 million.
Leadership is a key component of the company's strategy. James R. Brannen serves as Chief Executive Officer, having joined the bank in 2007 and stepping into the CEO role in May 2025 after previous service as President and CFO. Richard M. Donovan is the President and Chief Financial Officer, and John E. Swenson is another key member of the executive team. The company emphasizes long-term stability and community impact, as reflected in its mission to support the financial health of Seacoast residents and businesses.
In recent developments, First Seacoast Bancorp announced a merger agreement with Cambridge Savings Bank, valued at approximately $80.9 million, where shareholders will receive $17.25 per share in cash. Upon completion, First Seacoast Bank will become part of Cambridge Savings Bank, operating under a combined organization and name. The company has no recent dividend payments, and its stock price has ranged between $10.13 and $17.16 over the past year. With a history spanning over 130 years, First Seacoast Bancorp continues to uphold its commitment to community banking while navigating significant corporate transitions.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$28.7M
+7.7%
-39.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-845000
-64.7%
+149.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+53.7%
+8.4%
+74.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-5.2%
-9935.8%
+115.5%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-2.9%
-52.9%
+181.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$329000
+109.9%
-200.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+1.1%
+109.2%
-266.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
90.7%
+7.7%
-15.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.31x
+1063.1%
+18.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
