First Seacoast Bancorp Inc. (FSEA) vs Summit State Bank (SSBI)

First Seacoast Bancorp Inc. and Summit State Bank are both Banks Regional companies. First Seacoast Bancorp Inc. and Summit State Bank are of similar size ($81.7M and $80.8M). First Seacoast Bancorp Inc. has negative trailing earnings, so its P/E is not meaningful; Summit State Bank trades at 36.6×. First Seacoast Bancorp Inc. grew revenue faster over the last twelve months: 2.81% against −7.63%. Summit State Bank has the higher net margin (3.87% vs 0.15%) and the higher return on invested capital (0.00% vs −0.32%). Across the 16 metrics below, Summit State Bank leads on 10 and First Seacoast Bancorp Inc. on 6.

Valuation

Metric FSEA SSBI Banks Regional median
P/E n/m 36.59 12.15
P/S 2.59 1.44 2.37
P/B 1.16 n/m 1.21
Price to free cash flow n/m 13.89 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.97 1.44 2.27
Earnings yield (0.12%) 2.73% 8.11%
Free cash flow yield (0.08%) 7.20% 8.98%

Profitability

Metric FSEA SSBI Banks Regional median
Gross margin 56.41% 100.00% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 0.15% 3.87% 18.66%
Free cash flow margin (0.21%) 0.00% 21.18%
Return on equity 0.07% 0.00% 10.64%
Return on assets 0.01% 0.00% 1.13%
Return on invested capital (0.32%) 0.00% 8.33%

Growth

Metric FSEA SSBI Banks Regional median
Revenue growth (TTM) 2.81% (7.63%) 6.61%
EPS growth (last fiscal year) (91.67%) 287.04% —
Revenue growth, 5-year CAGR 9.94% 7.55% 12.30%
Net income growth, 5-year CAGR 0.00% (8.36%) 9.71%

Health

Metric FSEA SSBI Banks Regional median
Debt to equity 0.70 0.08 0.22
Current ratio 0.94 0.91 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric FSEA SSBI Banks Regional median
Dividend yield — 6.09% 3.75%
Payout ratio 0.00 0.21 0.27

Size

Metric FSEA SSBI Banks Regional median
Market cap 80.82m 81.73m 921.07m

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