Fidelity D & D Bancorp (NASDAQ:FDBC) reported quarterly earnings of $1.36 per share. This is a 17.24 percent increase over earnings of $1.16 per share from the same period last year.
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The commercial real estate sector’s current quandary has precipitated a significant drop in regional bank stocks, stirring investors’ memories of the notorious Silicon Valley Bank downfall. What Happened: The KBW Nasdaq Regional Bank Index experienced its most severe drop since March, decreasing by 6%. This slump was primarily instigated by New York Community Bancorp, Inc. (NYSE:NYCB), which saw a nearly 40% drop following a Q4 loss of $260 million, consequent to distressed commercial real estate loans, according to a Business Insider report on Wednesday. Losses in the U.S. property market also led to a 20% plunge in Agora Inc (NASDAQ:API) bank stocks based in Tokyo, while Deutsche Ban
Fidelity D & D Bancorp (NASDAQ:FDBC) reported quarterly earnings of $0.08 per share. This is a 93.65 percent decrease over earnings of $1.26 per share from the same period last year. The company reported $14.90 million in sales this quarter. This is a 33.02 percent decrease over sales of $22.25 million the same period last year.
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
DUNMORE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.40 per share, a 5% increase above the prior quarterly cash dividend of $0.38 per share. "On behalf of the Board of Directors and all Fidelity Bankers, we are proud to announce our fourth quarter cash dividend increase, marking ten consecutive years of increasing and a more than doubling of the dividend paid over the period. This milestone reflects ongoing targeted reinvestment from the creation of sustainable value to our shareholders and the
DUNMORE, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2024. Unaudited Financial Information Net income for the quarter ended September 30, 2024 was $5.0 million, or $0.86 diluted earnings per share, compared to $5.3 million, or $0.93 diluted earnings per share, for the quarter ended September 30, 2023. The $0.3 million decline in net income resulted primarily from the $1.0 million increase in non-interest expenses coupled with a $0.4 million increase in the provisi
DUNMORE, Pa., July 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and six-month periods ended June 30, 2024. Unaudited Financial Information Net income for the quarter ended June 30, 2024 was $4.9 million, or $0.86 diluted earnings per share, compared to $5.4 million, or $0.94 diluted earnings per share, for the quarter ended June 30, 2023. The $0.5 million decline in net income resulted primarily from the $0.4 million decrease in net interest income led by higher interest expense. The increase of $0.2 million in non-in
DUNMORE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.40 per share, a 5% increase above the prior quarterly cash dividend of $0.38 per share. "On behalf of the Board of Directors and all Fidelity Bankers, we are proud to announce our fourth quarter cash dividend increase, marking ten consecutive years of increasing and a more than doubling of the dividend paid over the period. This milestone reflects ongoing targeted reinvestment from the creation of sustainable value to our shareholders and the
DUNMORE, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2024. Unaudited Financial Information Net income for the quarter ended September 30, 2024 was $5.0 million, or $0.86 diluted earnings per share, compared to $5.3 million, or $0.93 diluted earnings per share, for the quarter ended September 30, 2023. The $0.3 million decline in net income resulted primarily from the $1.0 million increase in non-interest expenses coupled with a $0.4 million increase in the provisi
DUNMORE, Pa., July 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and six-month periods ended June 30, 2024. Unaudited Financial Information Net income for the quarter ended June 30, 2024 was $4.9 million, or $0.86 diluted earnings per share, compared to $5.4 million, or $0.94 diluted earnings per share, for the quarter ended June 30, 2023. The $0.5 million decline in net income resulted primarily from the $0.4 million decrease in net interest income led by higher interest expense. The increase of $0.2 million in non-in
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
4 - FIDELITY D & D BANCORP INC (0001098151) (Issuer)
10-Q - FIDELITY D & D BANCORP INC (0001098151) (Filer)
8-K - FIDELITY D & D BANCORP INC (0001098151) (Filer)
10-Q - FIDELITY D & D BANCORP INC (0001098151) (Filer)
DUNMORE, Pa., May 06, 2022 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) ("Fidelity"), the parent bank holding company of The Fidelity Deposit and Discount Bank ("Fidelity Bank"), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Richard J. Lettieri, Director, effective May 3, 2022. Mr. Lettieri has served as Director of the Fidelity Deposit & Discount Bank, a subsidiary of Fidelity D & D Bancorp, Inc.'s Board of Directors since 2012. Mr. Lettieri, as a retired management consultant, helped the company focus on business strategy and market development. "On behalf of the Board of D
DUNMORE, Pa., Sept. 03, 2021 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) ("Fidelity"), the parent bank holding company of The Fidelity Deposit and Discount Bank ("Fidelity Bank"), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Mary E. McDonald, Assistant Secretary, as a Director effective today. Ms. McDonald has been a Director of the Company and member of the Bank's Board of Directors since 2000. A retired educator, her many years of experience have provided valuable insight for the Company and Bank. Fidelity Bank President and Chief Executive Officer, Daniel J. Santaniello added,