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FSEA (First Seacoast Bancorp) Return-on-Tangible-Asset : -0.41% (As of Mar. 2025)


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What is First Seacoast Bancorp Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. First Seacoast Bancorp's annualized Net Income for the quarter that ended in Mar. 2025 was $-2.41 Mil. First Seacoast Bancorp's average total tangible assets for the quarter that ended in Mar. 2025 was $586.71 Mil. Therefore, First Seacoast Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -0.41%.

The historical rank and industry rank for First Seacoast Bancorp's Return-on-Tangible-Asset or its related term are showing as below:

FSEA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.92   Med: 0.12   Max: 0.56
Current: 0.01

During the past 8 years, First Seacoast Bancorp's highest Return-on-Tangible-Asset was 0.56%. The lowest was -1.92%. And the median was 0.12%.

FSEA's Return-on-Tangible-Asset is ranked worse than
93.83% of 1588 companies
in the Banks industry
Industry Median: 0.89 vs FSEA: 0.01

First Seacoast Bancorp Return-on-Tangible-Asset Historical Data

The historical data trend for First Seacoast Bancorp's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Seacoast Bancorp Return-on-Tangible-Asset Chart

First Seacoast Bancorp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 0.25 0.56 -0.11 -1.92 -0.09

First Seacoast Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.80 1.36 0.03 -0.95 -0.41

Competitive Comparison of First Seacoast Bancorp's Return-on-Tangible-Asset

For the Banks - Regional subindustry, First Seacoast Bancorp's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Seacoast Bancorp's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Seacoast Bancorp's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where First Seacoast Bancorp's Return-on-Tangible-Asset falls into.


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First Seacoast Bancorp Return-on-Tangible-Asset Calculation

First Seacoast Bancorp's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.513/( (571.035+580.78)/ 2 )
=-0.513/575.9075
=-0.09 %

First Seacoast Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-2.412/( (580.78+592.643)/ 2 )
=-2.412/586.7115
=-0.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


First Seacoast Bancorp  (NAS:FSEA) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


First Seacoast Bancorp Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of First Seacoast Bancorp's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Seacoast Bancorp Business Description

Traded in Other Exchanges
N/A
Address
633 Central Avenue, Dover, NH, USA, 03820
First Seacoast Bancorp Inc is a savings and loan holding company. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank, in one-to-four-family residential real estate loans, commercial real estate, and multi-family real estate loans, acquisition, development and land loans, commercial and industrial loans, home equity loans and lines of credit and consumer loans. The company generates revenue from financial instruments, such as loans, letters of credit, and investment securities, as well as revenue related to mortgage servicing activities, and bank-owned life insurance.
Executives
Richard M Donovan director, officer: SVP and CFO C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
James R. Brannen director, officer: President & CEO 633 CENTRAL AVENUE, DOVER NH 03820
Mark P. Boulanger director 633 CENTRAL AVENUE, DOVER NH 03820
Dana C Lynch director 633 CENTRAL AVENUE, DOVER NH 03820
Paul Nee officer: SVP and CIO 633 CENTRAL AVENUE, DOVER NH 03820
Timothy F. Dargan officer: SVP and Sr. CLO 633 CENTRAL AVENUE, DOVER NH 03820
Thomas J. Jean director 633 CENTRAL AVENUE, DOVER NH 03820
John E. Swenson officer: SVP and CRO 633 CENTRAL AVENUE, DOVER NH 03820
Michael J. Bolduc director 633 CENTRAL AVENUE, DOVER NH 03820
James Jalbert director 633 CENTRAL AVENUE, DOVER NH 03820
Janet Sylvester director 633 CENTRAL AVENUE, DOVER NH 03820
Paula J. Williamson-reid director 633 CENTRAL AVENUE, DOVER NH 03820
Jean Tremblay officer: SVP and Sr. RLO 633 CENTRAL AVENUE, DOVER NH 03820
Erica A. Johnson director 633 CENTRAL AVENUE, DOVER NH 03820
Patricia A. Barbour director 633 CENTRAL AVENUE, DOVER NH 03820