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First Seacoast Bancorp Inc. (NASDAQ: FSEA - Get Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 7,514 shares, a growth of 26.0% from the November 30th total of 5,962 shares. Based on an average daily trading volume, of 1,635 shares, the
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the “Company”), the holding company for First Seacoast Bank (the “Bank”), announced today that its Board of Directors unanimously approved a transition in executive leadership. The offices of President of the Company and the Bank, formerly held by James R. Brannen, have transitioned to Richard M. Donovan, who currently serves as Chief Financial Officer. At its meeting on May 29, 2025, and in accordance with the Bank's succession plan,.
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: FSEA), the holding company for First Seacoast Bank, announced today it has authorized additional share repurchases, up to an additional 228,858 shares of common stock, under its ongoing stock repurchase program. Previously announced in April 2024, the original repurchase authorization encompassed 507,707 shares of common stock, representing approximately 10% of the then outstanding shares. To date.
DOVER, N.H. & ATLANTA--(BUSINESS WIRE)--Effective June 11, 2024, First Seacoast Bank, the wholly-owned subsidiary of First Seacoast Bancorp, Inc. (Nasdaq: "FSEA"), completed its previously announced sale-leaseback transaction with MountainSeed Real Estate Services, LLC, a Georgia limited liability company ("MountainSeed").
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: FSEA), the holding company for First Seacoast Bank, announced today it has authorized a stock repurchase program for up to 507,707 shares of common stock, representing approximately 10% of shares currently outstanding, to be effective as soon as practicable after the Company files its Quarterly Report on Form 10-Q for the period ending March 31, 2024, with the Securities and Exchange Commission (t.
Our strategy is to invest in banks trading below TBV with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. This combination typically leads to two catalysts, first accretive share repurchases and ultimately a sale to a larger institution. Trading at less than 60% of TBV, we theorize that FSEA will begin an accretive stock buyback program in 1Q24.
DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the "Company") (NASDAQ Capital Market: FSEA), the holding company for First Seacoast Bank, announced today the execution of a balance sheet repositioning strategy related to its available-for-sale investment securities portfolio. The Company sold $40.6 million in book value of its lower-yielding investment securities for an estimated after-tax realized loss of $3.1 million. The investment securities sold consisted of $27.3 million of m.
Despite a strong capital position and attractive credit metrics, FSEA trades at just 72% of tangible book value. The bank maintains a robust balance sheet, which can drive several catalysts, including share repurchases and the initiation of a dividend.
A solid net interest margin should help support above-average profitability levels for the foreseeable future. Credit looks to be in good shape.
NEW YORK, Oct. 2, 2020 /PRNewswire via COMTEX/ -- NEW YORK, Oct. 2, 2020 /PRNewswire/ -- AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) Lifshitz Law Firm,...
The bank is likely to face some medium-term revenue headwinds. Expense management remains solid, especially for a bank this size.
WILMINGTON, Del., Oct 01, 2020 (GLOBE NEWSWIRE via COMTEX) -- WILMINGTON, Del., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that...
NEW YORK, Oct 01, 2020 (GLOBE NEWSWIRE via COMTEX) -- NEW YORK, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a securities litigation law firm located...
NEW YORK, Oct 01, 2020 (GLOBE NEWSWIRE via COMTEX) -- Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City,...
Seacoast Banking Co. of Florida (NASDAQ:SBCF) and Republic Bancorp, Inc. KY (NASDAQ:RBCAA) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation. Earnings & Valuation This table compares Seacoast Banking Co. of […]
Seacoast Banking Co. of Florida (NASDAQ:SBCF) – Stock analysts at Truist Securiti raised their FY2020 earnings estimates for shares of Seacoast Banking Co. of Florida in a research note issued on Monday, August 24th. Truist Securiti analyst M. Young now expects that the financial services provider will earn $1.47 per share for the year, up […]
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