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

by · The Cerbat Gem

Fidelity D & D Bancorp (NASDAQ:FDBC – Get Free Report) announced its earnings results on Wednesday. The financial services provider reported $0.86 earnings per share for the quarter, RTT News reports. The business had revenue of $32.28 million for the quarter. Fidelity D & D Bancorp had a net margin of 14.14% and a return on equity of 11.27%. During the same period in the prior year, the business earned $0.93 earnings per share.

Fidelity D & D Bancorp Price Performance

Shares of NASDAQ FDBC traded down $1.50 during mid-day trading on Friday, reaching $50.50. 4,085 shares of the company were exchanged, compared to its average volume of 7,110. Fidelity D & D Bancorp has a 52 week low of $41.10 and a 52 week high of $60.85. The company’s 50 day moving average price is $50.60 and its 200 day moving average price is $48.02. The stock has a market capitalization of $289.67 million, a PE ratio of 18.37 and a beta of 0.59. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.04.

Insider Activity at Fidelity D & D Bancorp

In related news, CEO Daniel J. Santaniello sold 500 shares of the firm’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $53.00, for a total transaction of $26,500.00. Following the transaction, the chief executive officer now directly owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Daniel J. Santaniello sold 500 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $53.00, for a total value of $26,500.00. Following the completion of the sale, the chief executive officer now owns 54,882 shares of the company’s stock, valued at approximately $2,908,746. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Daniel J. Santaniello sold 759 shares of Fidelity D & D Bancorp stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $52.90, for a total transaction of $40,151.10. Following the completion of the transaction, the chief executive officer now owns 55,382 shares in the company, valued at approximately $2,929,707.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,500 shares of company stock valued at $182,547 over the last 90 days. 21.00% of the stock is owned by insiders.

Fidelity D & D Bancorp Company Profile

(Get Free Report)

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.

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