First Seacoast Bancorp, INC

Market Movers (8-K)

NASDAQ
First Seacoast Bancorp, Inc. announced a planned executive leadership transition with Richard M. Donovan succeeding James R. Brannen as President, while Brannen continues as CEO, alongside the results of its annual stockholder meeting.
NASDAQ
First Seacoast Bancorp modifies James R. Brannen's salary continuation agreement, fixing his benefit outside of a change in control and clarifying benefits upon such an event.
NASDAQ
First Seacoast Bancorp files an amendment to its previous 8-K report to correct an error regarding the expiration dates of employment agreements with key officers.
NASDAQ
First Seacoast Bancorp has extended the employment agreements for three key executives, ensuring their continued leadership.
NASDAQ
First Seacoast Bancorp has authorized the repurchase of an additional 228,858 shares of its common stock under its ongoing stock repurchase program.
NASDAQ
First Seacoast Bank has completed a sale-leaseback transaction for four of its properties, generating approximately $2.5 million in pre-tax gain.

Quarterly Earnings (10-Q)

NASDAQ
First Seacoast Bancorp, Inc. reported a reduced net loss for the first quarter of 2026, driven by improved net interest income and non-interest income, despite a slight decrease in total assets.
Worse than expected
NASDAQ
First Seacoast Bancorp reported a net income of $390,000 for Q3 2025, reversing a year-to-date net loss of $758,000, driven by improved net interest income and non-interest income growth.
Worse than expected
NASDAQ
First Seacoast Bancorp reported a net loss for Q2 2025, primarily due to the absence of a significant one-time gain from the prior year, while increasing assets and improving net interest margin.
Worse than expected
NASDAQ
First Seacoast Bancorp reported a net loss of $603,000 for the first quarter of 2025, an improvement compared to the $1.152 million loss in the same period last year.
Worse than expected
NASDAQ
First Seacoast Bancorp's Q3 2024 results show a return to profitability, driven by increased interest income and a gain on a sale-leaseback transaction, despite ongoing interest rate pressures.
Better than expected
NASDAQ
First Seacoast Bancorp reported a net income of $2.0 million for the second quarter of 2024, a significant turnaround from a net loss in the same period last year, primarily due to a gain from a real estate sale.
Better than expected

Annual Reports (10-K)

NASDAQ
First Seacoast Bancorp, Inc. has filed an amendment to its 2025 Annual Report on Form 10-K, primarily to provide information required by Part III of the form, without amending prior financial statements.
NASDAQ
First Seacoast Bancorp reported an increased net loss for fiscal year 2025, alongside a rise in non-performing loans and a breach of interest rate risk policy limits.
Worse than expected
NASDAQ
First Seacoast Bancorp reports a net loss of $513,000 for fiscal year 2024, a significant improvement compared to the $10.7 million loss in 2023, driven by strategic initiatives and improved market conditions.
Worse than expected
NASDAQ
First Seacoast Bancorp, Inc. reports a net loss for 2023, impacted by strategic balance sheet repositioning and increased interest expenses, while continuing to focus on loan portfolio diversification and core deposit growth.
Worse than expected

Insider Trading (Form 4)

NASDAQ
First Seacoast Bancorp's President and CFO, Richard M. Donovan, acquired 2,322 shares of common stock through his Roth IRA.
Better than expected
NASDAQ
First Seacoast Bancorp Director Thomas J. Jean sold 3,450 shares of common stock in multiple transactions under a pre-arranged trading plan.
NASDAQ
Mark P. Boulanger, a Director at First Seacoast Bancorp, purchased 1,200 shares of common stock for $11.47 per share.
NASDAQ
First Seacoast Bancorp's EVP and COO, John E. Swenson, reported acquiring 600 shares of common stock in planned transactions.
Better than expected
NASDAQ
First Seacoast Bancorp's CEO, James R. Brannen, reported the purchase of 500 shares of common stock and detailed his direct and indirect equity holdings.
Better than expected
NASDAQ
First Seacoast Bancorp Director Mark P. Boulanger has acquired 1,000 shares of common stock at $11.24 per share, increasing his beneficial ownership in the company.
Better than expected

Proxy Statements (Def-14A)

NASDAQ
First Seacoast Bancorp will hold its annual stockholder meeting on May 29, 2025, to elect directors, ratify the appointment of its accounting firm, and conduct advisory votes on executive compensation.
NASDAQ
First Seacoast Bancorp will hold its annual stockholders meeting on May 30, 2024, to elect directors, approve an equity incentive plan, and ratify the appointment of its independent auditor.

Schedule 13D - Activist Investments

NASDAQ
A group of investors, led by DAB Financial LLC and William J. Greiner, has disclosed an 8.16% beneficial ownership stake in First Seacoast Bancorp, stating their belief that the common stock is undervalued and represents an attractive investment opportunity.
NASDAQ
DAB Financial LLC and affiliated investors have disclosed a 5.76% beneficial ownership stake in First Seacoast Bancorp, stating their belief that the common stock is undervalued and represents an attractive investment opportunity.

Schedule 13G - Passive Investments

NASDAQ
The First Seacoast Bank Employee Stock Ownership Plan Trust reported an 8.8% beneficial ownership stake in First Seacoast Bancorp, Inc. common stock.
NASDAQ
M3 Funds, LLC and its affiliated entities have filed an amended Schedule 13G, reporting a complete divestment of their beneficial ownership in First Seacoast Bancorp, Inc., reducing their stake to 0%.
Worse than expected
NASDAQ
The First Seacoast Bank Employee Stock Ownership Plan Trust has reported a beneficial ownership of 8.7% of First Seacoast Bancorp, Inc.'s common stock as of December 31, 2024.
NASDAQ
SPENCE LIMITED, LP has filed a Schedule 13G, reporting a passive beneficial ownership of 5.26% in First Seacoast Bancorp, Inc.'s common stock as of December 31, 2024.