First Seacoast Bancorp (FSEA) Provisions (2022 - 2024)
First Seacoast Bancorp (FSEA) posted quarterly Provisions of -$20000.0 for Q1 2024, down 166.67% year-over-year from $30000.0 in Q2 2023, and down 211.11% quarter-over-quarter from $18000.0 in Q4 2023.
First Seacoast Bancorp (FSEA) Provisions (2022 - 2024) Analysis & Trends
First Seacoast Bancorp (FSEA) has reported Provisions for 3 consecutive years, with -$20000.0 the latest figure, recorded in Q1 2024.
- In Q1 2024, Provisions fell 166.67% year-over-year to -$20000.0; the TTM figure through Mar 2024 stood at $138000.0 (changed N/A YoY), while the FY2023 annual figure was $188000.0, changed N/A from the prior year.
- Provisions retreated to -$20000.0 in Q1 2024 per FSEA's latest filing, from $18000.0 in the prior quarter.
- Across five years, Provisions topped out at $120000.0 in Q3 2023 and bottomed at -$20000.0 in Q1 2024.
- Historically, Provisions has averaged $38000.0 across 3 years, with a median of $25000.0 in 2023.
- Annual changes were most pronounced in 2023 — Provisions plunged 50.0% — and 2024, when it tumbled 166.67%.
- First Seacoast Bancorp's Provisions stood at $60000.0 in 2022, then slumped by 70.0% to $18000.0 in 2023, then slumped by 211.11% to -$20000.0 in 2024.
- Business Quant data shows FSEA's Provisions at -$20000.0 in Q1 2024, $18000.0 in Q4 2023, and $120000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 213.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 538.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 395.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 131.00 Mn |
| 10 | First Seacoast Bancorp | 73.19 Mn | -316.13 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -20,000.00 |
| Dec 31, 2023 | 18,000.00 |
| Sep 30, 2023 | 120,000.00 |
| Jun 30, 2023 | 20,000.00 |
| Mar 31, 2023 | 30,000.00 |
| Mar 31, 2022 | 60,000.00 |