First Seacoast Bancorp Inc Financials
This page shows First Seacoast Bancorp Inc (FSEA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
First Seacoast Bancorp Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, First Seacoast Bancorp Inc generates $5.75 in operating cash flow (-$2.9M OCF vs -$513K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
First Seacoast Bancorp Inc generated $25.4M in revenue in fiscal year 2024. This represents an increase of 23.5% from the prior year.
First Seacoast Bancorp Inc generated -$3.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 46.5% from the prior year.
First Seacoast Bancorp Inc reported -$513K in net income in fiscal year 2024. This represents an increase of 95.2% from the prior year.
First Seacoast Bancorp Inc earned $-0.12 per diluted share (EPS) in fiscal year 2024. This represents an increase of 94.8% from the prior year.
First Seacoast Bancorp Inc had 5M shares outstanding in fiscal year 2024. This represents a decrease of 5.7% from the prior year.
First Seacoast Bancorp Inc's net profit margin was -2.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 49.7 percentage points from the prior year.
First Seacoast Bancorp Inc invested $368K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 5.4% from the prior year.
FSEA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.9M+2.5% | $6.7M+4.5% | $6.4M-1.5% | $6.5M+4.1% | $6.3M+3.4% | $6.1M+4.7% | $5.8M+12.3% | $5.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $3.4M+4.6% | $3.3M+1.3% | $3.3M-7.9% | $3.5M+8.5% | $3.3M+2.4% | $3.2M+4.8% | $3.0M+16.8% | $2.6M |
| Income Tax | -$596K-5066.7% | $12K+141.4% | -$29K-104.1% | $703K+589.2% | $102K-71.8% | $362K-92.1% | $4.6M+1179.9% | -$427K |
| Net Income | $390K+171.6% | -$545K+9.6% | -$603K+57.2% | -$1.4M-170.3% | $2.0M+273.9% | -$1.2M+88.1% | -$9.7M-961.4% | -$911K |
| EPS (Diluted) | $0.08+161.5% | $-0.13+7.1% | $-0.14+54.8% | $-0.31-173.8% | $0.42+275.0% | $-0.24+88.4% | $-2.07-935.0% | $-0.20 |
FSEA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $609.6M+0.8% | $604.8M+2.1% | $592.6M+2.0% | $580.8M-3.5% | $601.7M+4.4% | $576.5M+1.0% | $571.0M+2.5% | $557.2M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $546.5M+0.4% | $544.0M+2.4% | $531.4M+2.4% | $518.7M-3.4% | $537.2M+5.0% | $511.7M+1.5% | $504.4M+3.0% | $489.9M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $63.2M+3.9% | $60.8M-0.7% | $61.2M-1.3% | $62.0M-3.8% | $64.5M-0.4% | $64.7M-2.8% | $66.6M-1.0% | $67.3M |
| Retained Earnings | $24.3M+1.6% | $23.9M-2.2% | $24.5M-2.4% | $25.1M-5.2% | $26.4M+8.2% | $24.4M-4.5% | $25.6M-27.4% | $35.3M |
FSEA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $661K+537.7% | -$151K-126.4% | $573K+132.4% | -$1.8M-26.1% | -$1.4M-1901.4% | -$70K+95.3% | -$1.5M-587.9% | $307K |
| Capital Expenditures | $21K+600.0% | $3K-90.3% | $31K-81.1% | $164K-2.4% | $168K+1427.3% | $11K-57.7% | $26K-64.9% | $74K |
| Free Cash Flow | $640K+515.6% | -$154K-128.4% | $542K+128.1% | -$1.9M-23.0% | -$1.6M-1837.0% | -$81K+94.7% | -$1.5M-754.1% | $233K |
| Investing Cash Flow | $10.3M+190.2% | -$11.4M+14.2% | -$13.3M-274.7% | $7.6M+252.9% | $2.2M+131.1% | -$6.9M+50.5% | -$14.0M-66.2% | -$8.4M |
| Financing Cash Flow | $1.9M-84.0% | $12.1M+2.5% | $11.8M+177.3% | -$15.3M-185.2% | $17.9M+134.4% | $7.6M-46.9% | $14.4M+66.6% | $8.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FSEA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 5.7%+13.8pp | -8.1%+1.3pp | -9.4%+12.2pp | -21.6%-53.5pp | 31.9%+50.9pp | -19.0%+147.8pp | -166.8%-149.1pp | -17.6% |
| Return on Equity | 0.6% | N/A | N/A | 0.1%-3.0pp | 3.1% | N/A | N/A | N/A |
| Return on Assets | 0.1%+0.1pp | -0.1%+0.0pp | -0.1%+0.1pp | -0.2%-0.6pp | 0.3%+0.5pp | -0.2%+1.5pp | -1.7%-1.5pp | -0.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.65-0.3 | 8.95+0.3 | 8.68+0.3 | 8.36+0.0 | 8.33+0.4 | 7.90+0.3 | 7.57+0.3 | 7.28 |
| FCF Margin | 9.3%+11.6pp | -2.3%-10.7pp | 8.4%+38.0pp | -29.5%-4.5pp | -25.0%-23.7pp | -1.3%+24.9pp | -26.3%-30.8pp | 4.5% |
Similar Companies
Frequently Asked Questions
What is First Seacoast Bancorp Inc's annual revenue?
First Seacoast Bancorp Inc (FSEA) reported $25.4M in total revenue for fiscal year 2024. This represents a 23.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is First Seacoast Bancorp Inc's revenue growing?
First Seacoast Bancorp Inc (FSEA) revenue grew by 23.5% year-over-year, from $20.6M to $25.4M in fiscal year 2024.
Is First Seacoast Bancorp Inc profitable?
No, First Seacoast Bancorp Inc (FSEA) reported a net income of -$513K in fiscal year 2024, with a net profit margin of -2.0%.
What is First Seacoast Bancorp Inc's earnings per share (EPS)?
First Seacoast Bancorp Inc (FSEA) reported diluted earnings per share of $-0.12 for fiscal year 2024. This represents a 94.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is First Seacoast Bancorp Inc's net profit margin?
First Seacoast Bancorp Inc (FSEA) had a net profit margin of -2.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is First Seacoast Bancorp Inc's free cash flow?
First Seacoast Bancorp Inc (FSEA) generated -$3.3M in free cash flow during fiscal year 2024. This represents a -46.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is First Seacoast Bancorp Inc's operating cash flow?
First Seacoast Bancorp Inc (FSEA) generated -$2.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are First Seacoast Bancorp Inc's total assets?
First Seacoast Bancorp Inc (FSEA) had $580.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are First Seacoast Bancorp Inc's capital expenditures?
First Seacoast Bancorp Inc (FSEA) invested $368K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does First Seacoast Bancorp Inc have outstanding?
First Seacoast Bancorp Inc (FSEA) had 5M shares outstanding as of fiscal year 2024.
What is First Seacoast Bancorp Inc's debt-to-equity ratio?
First Seacoast Bancorp Inc (FSEA) had a debt-to-equity ratio of 8.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is First Seacoast Bancorp Inc's return on assets (ROA)?
First Seacoast Bancorp Inc (FSEA) had a return on assets of -0.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is First Seacoast Bancorp Inc's Piotroski F-Score?
First Seacoast Bancorp Inc (FSEA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are First Seacoast Bancorp Inc's earnings high quality?
First Seacoast Bancorp Inc (FSEA) has an earnings quality ratio of 5.75x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.