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Financial statements

First Seacoast Bancorp, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data First Seacoast Bancorp, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2022FY2023FY2024FY2025
Interest expense1.241.759.08
Pre-tax income3.22-1.02-6.710.01-1.48
Income tax0.6-0.453.940.53-0.64
Net income2.62-0.57-10.7-0.51-0.85
EPS, basic0.54-0.12-2.29-0.12-0.23
EPS, diluted0.54-0.12-2.29-0.12-0.23
Shares, basic (weighted)4.854.824.654.343.68
Shares, diluted (weighted)4.854.824.654.343.68

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Property, plant and equipment4.574.184.070.750.59
Lease right-of-use assets0.20.595.655.35
Total assets487537571581599
Total liabilities427488504519536
Paid-in capital26.826.852.653.954.5
Retained earnings36.836.225.625.124.2
Treasury stock-0.75-1.38-1.38-5.09-6.07
Other comprehensive income0.72-9.73-5.94-7.04-4.84
Shareholders' equity60.549.366.662.163.5
Total equity60.549.366.662.163.5
Total liabilities and equity487537571581599
Shares outstanding5.15.075.084.794.69

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income2.62-0.57-10.7-0.51-0.85
Depreciation and amortization0.560.520.490.380.32
Stock-based compensation0.390.40.650.94
Deferred income tax0.31-0.33.860.4-0.81
Cash from operations2.420.97-1.92-2.950.45
Capital expenditures-0.04-0.1-0.35-0.37-0.12
Sales and maturities of investments10.718.1
Cash from investing-43.5-58.1-39.5-2.51-9.86
Stock issued25.6
Cash from financing41.758.739.26.4915.7
Net change in cash0.641.61-2.181.036.31
Free cash flow2.390.87-2.26-3.320.33
Interest paid1.281.698.7913.413.3
Income taxes paid0.390.050.060.050.12

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $17.24 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)0.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)0.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Operating cash flow CAGR, 3y-22.7%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 3y-27.7%Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y2.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y8.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y3.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y3.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y-15.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y-8.6%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets88.9%Total liabilities / total assets.
Tangible book value$63.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion-136.4%Free cash flow / net income, when net income is positive.
Capex / operating cash flow116.1%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.01Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share-$0.01Free cash flow / diluted weighted shares.
Operating cash flow per share$0.08Cash from operations / diluted weighted shares.
Book value per share$13.61Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$13.61Tangible book value / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$81.1MShare price x shares outstanding.
Enterprise value$81.1MMarket cap + total debt - cash - short-term investments.
P/E1,843xMarket cap / net income. Only when net income is positive.
P/B1.27xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.27xMarket cap / tangible book value, when positive.
P/OCF218xMarket cap / cash from operations, when positive.
FCF yield-0.1%Free cash flow / market cap.
Earnings yield0.1%Net income / market cap (the inverse of P/E).
Was First Seacoast Bancorp, Inc. profitable in fiscal 2025?

No. It reported a net loss of $845.0K.

How much free cash flow did First Seacoast Bancorp, Inc. generate in fiscal 2025?

Cash from operations of $449.0K minus capital expenditures of $120.0K left free cash flow of $329.0K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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