Fidelity D&D Bancorp (NASDAQ:FDBC) Announces Quarterly Earnings Results

Fidelity D&D Bancorp (NASDAQ:FDBC) released its earnings results on Wednesday. The financial services provider reported $1.53 EPS for the quarter, Zacks reports. The company had revenue of $21.81 million during the quarter. Fidelity D&D Bancorp had a return on equity of 12.67% and a net margin of 21.12%.

Fidelity D&D Bancorp Price Performance

Shares of NASDAQ:FDBC opened at $58.97 on Thursday. The business’s 50 day simple moving average is $55.17 and its 200-day simple moving average is $50.97. The firm has a market capitalization of $342.62 million, a price-to-earnings ratio of 11.23 and a beta of 0.82. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.85 and a quick ratio of 0.85. Fidelity D&D Bancorp has a 12 month low of $41.00 and a 12 month high of $59.49.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Fidelity D&D Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, Fidelity D&D Bancorp presently has an average rating of “Buy”.

Fidelity D&D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a bank holding company headquartered in Dunmore, Pennsylvania. Its principal subsidiary, Fidelity Deposit and Discount Bank, is a community bank that provides banking and financial services to individuals, families, businesses and nonprofit organizations.

The bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, along with consumer and commercial lending. Its lending activities include residential mortgages, home equity financing, personal loans, commercial real estate loans and other business credit.