First Seacoast Bancorp stock hits 52-week high at $11.5

Published 24/03/2025, 14:32
First Seacoast Bancorp stock hits 52-week high at $11.5

First Seacoast Bancorp (FSEA) stock has reached a notable milestone, hitting a 52-week high of $11.5. With a market capitalization of $50.23 million, InvestingPro analysis indicates the stock is currently trading in overbought territory. This peak reflects a significant uptrend for the community bank holding company, which has seen an impressive 1-year change of 35.43%. While investors have shown increased confidence in First Seacoast Bancorp’s financial performance and strategic initiatives, propelling the stock to this new high, the company has posted strong revenue growth of 70.41% despite currently operating at a loss. The company’s ability to adapt to the dynamic banking environment and maintain a strong connection with its customer base has contributed to its robust year-over-year growth, signaling a positive outlook for its future market position. Management’s aggressive share buyback program demonstrates confidence in the company’s prospects, though investors should note the current challenges in profitability. For deeper insights into FSEA’s technical indicators and financial health metrics, consider exploring InvestingPro, which offers additional exclusive analysis.

In other recent news, First Seacoast Bancorp, Inc. has amended the compensatory arrangements for executive James R. Brannen. The amendment affects Brannen’s Salary Continuation Agreement, setting an annual benefit of $64,817, which will be paid over 120 months if he departs for reasons other than a change in control. In the event of a change in control, Brannen’s annual benefit will increase to $132,209, payable in a lump sum if separation occurs within two years of such an event. Additionally, First Seacoast Bancorp has extended the employment agreements for its CEO James R. Brannen and executives Richard M. Donovan and Timothy F. Dargan. Brannen’s contract is now extended until March 31, 2028, while Donovan and Dargan’s contracts are extended until March 31, 2027. These extensions indicate the board’s confidence in the current management team. The company has not disclosed the specific terms of the executives’ compensatory arrangements in the recent filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.