STOCK TITAN

First Seacoast Bancorp Inc - FSEA STOCK NEWS

Welcome to our dedicated news page for First Seacoast Bancorp (Ticker: FSEA), a resource for investors and traders seeking the latest updates and insights on First Seacoast Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Seacoast Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Seacoast Bancorp's position in the market.

Rhea-AI Summary
First Seacoast Bancorp, Inc. (Nasdaq: FSEA) authorizes a stock repurchase program for up to 507,707 shares, about 10% of outstanding shares. The program will start after filing Form 10-Q for March 31, 2024, with the SEC. Repurchases will be on the open market under SEC Rule 10b5-1, subject to market conditions. The program expires 12 months after the effective date, with no guarantee on the final repurchased shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
buyback
-
Rhea-AI Summary
First Seacoast Bancorp, Inc. (FSEA) announced a balance sheet repositioning strategy involving the sale of $40.6 million in lower-yielding investment securities for an estimated after-tax realized loss of $3.1 million and the purchase of $40.6 million in higher-yielding investment securities. The company expects the loss to be recouped in approximately three years and anticipates a positive impact on earnings, net interest margin, and return on assets in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
First Seacoast Bancorp Inc

Nasdaq:FSEA

FSEA Rankings

FSEA Stock Data

45.19M
4.09M
10.89%
30.33%
0.17%
Savings Institutions
Finance and Insurance
Link
United States
Dover

About FSEA

first seacoast bancorp operates as a holding company for first seacoast bank that provides various banking products and services. it offers checking, savings, and money market accounts; and certificates of deposit. the company also provides various lending products comprising mortgage and home equity loans; student loans; vehicle, personal, and other loans; credit cards; commercial mortgages, sba loans, lines of credit, equipment financing, equipment or vehicle purchase finance, existing corporate debt refinance, and loan consolidation services. in addition, it offers wealth management services, such as retirement planning, portfolio management, investment and insurance strategies, business retirement plans, and college planning services. the company operates through its main office located in dover, new hampshire; and four branch offices in the seacoast region. the company was founded in 1890 and is headquartered in dover, new hampshire. first seacoast bancorp is a subsidiary of first