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

Fidelity D & D Bancorp (NASDAQ:FDBC) issued its earnings results on Wednesday. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, Zacks reports. Fidelity D & D Bancorp had a net margin of 13.30% and a return on equity of 10.48%.

Fidelity D & D Bancorp Stock Down 0.5 %

Shares of NASDAQ:FDBC opened at $44.37 on Thursday. The business’s 50 day moving average is $49.23 and its 200 day moving average is $50.50. The stock has a market cap of $254.69 million, a P/E ratio of 16.68 and a beta of 0.61. Fidelity D & D Bancorp has a 52-week low of $41.00 and a 52-week high of $61.21. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.04.

Fidelity D & D Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Friday, February 14th. Fidelity D & D Bancorp’s dividend payout ratio is presently 59.70%.

Fidelity D & D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.