First Seacoast Bancorp Inc (FSEA)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
$17.180.00%
Close 2026-09-04 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
Warn: Management is running behind on a stated commitment.
First Seacoast Bancorp aims to improve operating income from its current loss. Analysts expect about 10% revenue growth next year. The company recently entered a material agreement that could stabilize operations. Management shows stable commitment to improving financial health.
The company remains loss-making with operating income at -$235,000 in 2026-Q1. Progress in improving income has been limited over recent quarters. Elevated risk and below-peer valuation suggest challenges ahead.
The current price is about 8% below our estimate of intrinsic value. The market expects roughly 10% revenue growth, which aligns with analyst consensus. Our view differs in that we see risk in sustained profitability and operating income improvement.
Breaks if: Operating income remains negative or worsens over the next 4 quarters
Focus on improving operating income to achieve financial stability.
Stated in 3 of last 3 quarters. Operating income was -$235,000 in 2026-Q1, compared to -$112,000 in 2025-Q4 and -$206,000 in 2025-Q3, indicating limited progress in improving operating income. The company needs to address this to achieve financial stability.
“Operating income was -$235,000.”
“Operating income was -$112,000.”
“Operating income was -$206,000.”
Breaks if: Revenue growth falls below 7% YoY next year
Breaks if: Risk remains elevated and valuation diverges further from peers
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround situation, as FSEA is currently loss-making and struggling with revenue and operating income. The current thesis state is mixed, reflecting both challenges and potential sector support.
The market seems to have priced in a low level of fragility, indicating that it does not expect significant deterioration in FSEA's situation. Valuation is aligned with peers, but there is a slight expectations gap, suggesting that the market is not overly optimistic.
Fundamentals are likely to remain weak in the near term, as recent results show declining revenue and operating income. Management has acknowledged the need for improvement, but progress has been limited so far.
The thesis hinges on the performance of sector bellwethers like HDB, IBN, and PNC. If these companies continue to perform well, it could provide a lift to FSEA. Conversely, any signs of weakness from these peers or changes in interest rates could negatively impact FSEA's prospects.
In summary, FSEA faces significant challenges but could benefit from favorable sector conditions. Monitoring sector performance and management execution will be crucial. Not investment advice.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.