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An update from First Seacoast Bancorp ( (FSEA) ) is now available.
On May 4, 2026, First Seacoast Bancorp agreed to merge with Cambridge Financial Group, the mutual holding company of Cambridge Savings Bank, in an all-cash transaction that values First Seacoast at about $80.9 million. Under the deal, each First Seacoast share will be converted into $17.25 in cash, with Cambridge Financial surviving the holding company merger and Cambridge Savings Bank remaining as the surviving banking institution.
The merger, jointly announced on May 5, 2026, is subject to regulatory and First Seacoast stockholder approvals and is expected to close in the third quarter of 2026, with directors and key executives already committed to vote in favor. Following completion, Cambridge Savings Bank will convert all five First Seacoast branches into part of a 24-branch network, strengthening its presence in New England and preserving community banking continuity for customers in New Hampshire’s Seacoast region.
More about First Seacoast Bancorp
First Seacoast Bancorp, Inc. is the holding company for First Seacoast Bank, a community bank founded in 1890 and headquartered in Dover, New Hampshire. It operates five branches in the Seacoast region, offering retail and business banking services, while Cambridge Savings Bank, with about $7 billion in assets, is one of Massachusetts’ oldest and largest community banks with a broad branch and digital network.
Both banks focus on relationship-based community banking for consumers, small businesses, and commercial clients, emphasizing local economic development and long-standing regional ties. Their combination brings together complementary footprints in Massachusetts and New Hampshire, creating a 24-branch network under the Cambridge Savings Bank brand after the transaction closes.
Average Trading Volume: 5,596
Technical Sentiment Signal: Buy
Current Market Cap: $55.08M
For an in-depth examination of FSEA stock, go to TipRanks’ Overview page.