Estados financieros detallados de First Seacoast Bancorp (FSEA): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
First Seacoast Bancorp registró ingresos de $28.7M en el último ejercicio fiscal, con un CAGR de 5 años del 10.2%.
Márgenes de los últimos 12 meses: margen bruto 62.5%, margen operativo -2.1%, margen neto 0.2%. El flujo de caja libre creció a un CAGR del -21.5% en 5 años.
Al precio actual de $17.18, FSEA cotiza a un P/E de 1789.38 y un ROE del 0.07%. La capitalización bursátil es de $81M.
Cuenta de Resultados (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $14.3M | $15.7M | $16.8M | $17.7M | $17.5M | $17.3M | $18.4M | $26.7M | $28.7M |
| Coste de Ventas | $2.0M | $3.1M | $3.9M | $3.7M | $1.4M | $1.7M | $9.3M | $13.5M | $13.3M |
| Beneficio Bruto | $12.3M | $12.5M | $12.9M | $14.0M | $16.1M | $15.6M | $9.1M | $13.2M | $15.4M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $7.0M | $7.5M | $8.7M | $8.8M | $8.6M | $11.7M | $10.8M | $10.4M | $11.3M |
| Gastos Operativos | $10.7M | $11.2M | $13.1M | $13.0M | $12.9M | $16.6M | $15.8M | $13.2M | $16.9M |
| Beneficio Operativo | $1.6M | $1.3M | -$268000 | $1.1M | $3.2M | -$1.0M | -$6.7M | $14000 | -$1.5M |
| EBITDA | $2.2M | $1.9M | $260000 | $1.6M | $3.8M | -$494000 | -$6.2M | $398000 | -$1.2M |
| Gastos por Intereses | $1.8M | $3.1M | $3.8M | $3.2M | $1.2M | $1.7M | $9.1M | $13.5M | $13.3M |
| Beneficio Antes de Impuestos | $1.6M | $1.3M | -$268000 | $1.1M | $3.2M | -$1.0M | -$6.7M | $14000 | -$1.5M |
| Impuestos | $701000 | $232262 | -$189000 | -$24000 | $601000 | -$451000 | $3.9M | $527000 | -$638000 |
| Beneficio Neto | $912000 | $1.1M | -$79000 | $1.1M | $2.6M | -$565000 | -$10.7M | -$513000 | -$845000 |
| BPA | $0.34 | $0.40 | $-0.03 | $0.18 | $0.45 | $-0.12 | $-2.29 | $-0.12 | $-0.23 |
| BPA Diluido | $0.34 | $0.40 | $-0.03 | $0.18 | $0.45 | $-0.12 | $-2.29 | $-0.12 | $-0.23 |
| Acciones en Circulación (Diluidas) | $2.7M | $2.7M | $2.7M | $5.9M | $5.8M | $4.8M | $4.7M | $4.3M | $3.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $7.4M | $7.3M | $6.9M | $4.1M |
| Beneficio Bruto | $3.9M | $4.0M | $3.9M | $4.1M |
| Beneficio Operativo | -$206000 | -$112000 | -$235000 | $22000 |
| EBITDA | -$127000 | -$34000 | -$151000 | $22000 |
| Beneficio Neto | $390000 | -$87000 | -$508000 | $249000 |
| BPA | $0.09 | $-0.02 | $-0.12 | $0.06 |
| BPA Diluido | $0.08 | $-0.02 | $-0.12 | $0.05 |
Balance (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $10.6M | $12.3M | $6.7M | $8.5M | $7.9M | $9.0M | $6.1M | $7.1M | $13.4M |
| Inversiones a Corto | $28.9M | $39.4M | $44.8M | $55.5M | $91.4M | $106.1M | $121.9M | $120.2M | $152.4M |
| Cuentas por Cobrar | $1.1M | $1.2M | $1.2M | $1.4M | $1.5M | $2.0M | $2.3M | $2.1M | $2.1M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $40.6M | $53.0M | $52.8M | $65.4M | $100.7M | $117.1M | $130.2M | $129.4M | $167.9M |
| Inmovilizado Material | $5.9M | $5.6M | $5.3M | $5.1M | $4.6M | $4.2M | $4.1M | $754000 | $589000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $324000 |
| Activos Totales | $359.7M | $387.1M | $409.5M | $443.1M | $487.1M | $537.4M | $571.0M | $580.8M | $599.3M |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deuda a Corto | $6.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $50.7M |
| Pasivos Corrientes | $256.0M | $274.4M | $281.6M | $327.4M | $393.2M | $382.4M | $404.8M | $454.2M | $50.7M |
| Deuda a Largo | $65.8M | $75.7M | $66.2M | $34.1M | $29.5M | $99.4M | $73.0M | $52.3M | $2.3M |
| Pasivos Totales | $327.8M | $354.4M | $352.4M | $384.2M | $426.6M | $488.1M | $504.4M | $518.7M | $535.7M |
| Reservas | 0 | 0 | 0 | $34.2M | $36.8M | $36.2M | $25.6M | $25.1M | $24.2M |
| Patrimonio Neto | $31.9M | $32.7M | $57.1M | $58.9M | $60.5M | $49.3M | $66.6M | $62.0M | $63.5M |
| Deuda Total | $72.2M | $75.7M | $66.2M | $34.1M | $29.5M | $99.4M | $73.0M | $52.3M | $57.7M |
| Deuda Neta | $32.7M | $23.9M | $14.7M | -$29.8M | -$69.8M | -$15.7M | -$54.9M | -$75.0M | -$108.2M |
| Capital Circulante | -$215.4M | -$221.5M | -$228.9M | -$262.0M | -$292.5M | -$265.3M | -$274.6M | -$324.8M | $117.3M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $19.6M | $13.4M | $12.8M | $5.5M |
| Activos Totales | $609.6M | $599.3M | $588.8M | $576.1M |
| Pasivos Totales | $546.5M | $535.7M | $526.2M | $512.3M |
| Patrimonio Neto | $63.2M | $63.5M | $62.6M | $63.8M |
| Deuda Total | $51.7M | $57.7M | $52.3M | $44.8M |
Flujo de Caja (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $912000 | $1.1M | -$79000 | $1.1M | $2.6M | -$565000 | -$10.7M | -$513000 | -$845000 |
| Amortizaciones | $560000 | $539536 | $528000 | $576000 | $561000 | $522000 | $486000 | $384000 | $317000 |
| Compensación en Acciones | 0 | 0 | $109000 | $89000 | $161000 | $511000 | $675000 | $786000 | $1.1M |
| Cambio en Capital Circulante | $1.5M | -$2.4M | $50000 | -$455000 | -$1.6M | -$955000 | -$704000 | -$2.0M | $282000 |
| Flujo de Caja Operativo | $3.4M | -$672000 | $1.1M | $1.4M | $2.4M | $973000 | -$1.9M | -$2.9M | $449000 |
| Inversiones (CapEx) | -$1.4M | -$177000 | -$288000 | -$316000 | -$36000 | -$103000 | -$349000 | -$368000 | -$120000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$233000 | -$515000 | -$629000 | -$4000 | -$3.7M | -$981000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $2.0M | -$849000 | $771000 | $1.1M | $2.4M | $870000 | -$2.3M | -$3.3M | $329000 |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $661000 | -$634000 | $547000 | -$202000 |
| Inversiones (CapEx) | -$21000 | -$65000 | -$346000 | 0 |
| Flujo de Caja Libre | $640000 | -$699000 | $201000 | -$202000 |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $281000 | $109000 | $286000 | $140000 |
Crecimiento y Márgenes (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +9.7% | +7.5% | +5.1% | -0.7% | -1.3% | +6.2% | +45.1% | +7.7% |
| Crecimiento Beneficio Neto (anual) | | +18.5% | -107.3% | +1465.8% | +142.9% | -121.6% | -1786.0% | +95.2% | -64.7% |
| Crecimiento BPA (anual) | | +17.6% | -107.5% | +700.0% | +150.0% | -126.7% | -1808.3% | +94.8% | -91.7% |
| Cambio en Acciones (anual) | | +0.0% | +0.7% | +117.7% | -0.8% | -17.1% | -3.5% | -6.8% | -15.2% |
| Crecimiento FCF (anual) | | -143.2% | +190.8% | +43.3% | +115.8% | -63.5% | -360.2% | -46.5% | +109.9% |
| Margen Bruto | 86.1% | 79.9% | 76.6% | 79.3% | 91.8% | 89.9% | 49.6% | 49.6% | 53.7% |
| Margen Operativo | 11.3% | 8.4% | -1.6% | 6.0% | 18.4% | -5.9% | -36.5% | 0.1% | -5.2% |
| Margen EBITDA | 15.2% | 11.8% | 1.5% | 9.2% | 21.6% | -2.9% | -33.8% | 1.5% | -4.1% |
| Margen Neto | 6.4% | 6.9% | -0.5% | 6.1% | 14.9% | -3.3% | -57.9% | -1.9% | -2.9% |
| Margen FCF | 13.8% | -5.4% | 4.6% | 6.3% | 13.6% | 5.0% | -12.3% | -12.4% | 1.1% |
| Tasa Impositiva Efectiva | 43.5% | 17.7% | 70.5% | -2.3% | 18.7% | 44.4% | -58.8% | 3764.3% | 43.0% |
Datos por Acción (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.73 | $-0.32 | $0.29 | $0.19 | $0.41 | $0.18 | $-0.49 | $-0.76 | $0.09 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $2.7M | $2.7M | $2.7M | $5.9M | $5.8M | $4.8M | $4.7M | $4.3M | $3.7M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 0.07% |
| Rentabilidad sobre capital invertido | 0.04% |
| Rentabilidad sobre activos | 0.01% |
| Margen bruto | 62.47% |
| Margen operativo | -2.07% |
| Margen neto | 0.17% |
Salud financiera
| Deuda / Patrimonio | 0.70 |
| Ratio corriente | 0.31 |
Ratios Clave (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 34.32 | 29.17 | -375.67 | 59.00 | 28.38 | -95.25 | -3.36 | -83.67 | -57.39 |
| P/VC | 0.98 | 0.95 | 0.53 | 1.06 | 1.23 | 1.12 | 0.54 | 0.70 | 0.76 |
| P/V | 2.19 | 2.00 | 1.81 | 3.52 | 4.23 | 3.18 | 1.94 | 1.63 | 1.69 |
| Margen Bruto | 86.1% | 79.9% | 76.6% | 79.3% | 91.8% | 89.9% | 49.6% | 49.6% | 53.7% |
| Margen Operativo | 11.3% | 8.4% | -1.6% | 6.0% | 18.4% | -5.9% | -36.5% | 0.1% | -5.2% |
| Margen Neto | 6.4% | 6.9% | -0.5% | 6.1% | 14.9% | -3.3% | -57.9% | -1.9% | -2.9% |