Fidelity D & D Bancorp, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Fidelity D & D Bancorp, Inc. (FDBC)
NASDAQ:AMEX Investor Relations:
fidelity.com
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Source: Yahoo! Finance
Discount Bank, announced its unaudited, consolidated financial results for the three-month period ended March 31, 2024. Unaudited Financial Information Net income for the quarter ended March 31, 2024 was $5.1 million, or $0.88 diluted earnings per share, compared to $7.0 million, or $1.24 diluted earnings per share, for the quarter ended March 31, 2023. The $1.9 million decline in net income resulted primarily from the $2.1 million decrease in net interest income led by higher interest expense. Non-interest expenses also increased $0.8 million partially offset by $0.5 million lower provision for income taxes and a $0.3 million reduction in the provision for credit losses on unfunded commitments. “Our performance in the first quarter of 2024 demonstrates our resilience and adaptability in navigating through challenging economic conditions,” stated Daniel J. Santaniello, President and Chief Executive Officer. "Despite the decline in net income related to the interest rate environm
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News
- Here's Why It's Unlikely That Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) CEO Will See A Pay Rise This Year [Yahoo! Finance]Yahoo! Finance
- Fidelity D & D Bancorp, Inc. Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Fidelity D & D Bancorp, Inc. Second Quarter 2024 DividendGlobeNewswire
- While institutions own 21% of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC), retail investors are its largest shareholders with 59% ownership [Yahoo! Finance]Yahoo! Finance
- Should You Buy Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
FDBC
Sec Filings
- 4/24/24 - Form 8-K
- 4/16/24 - Form 13F-HR
- 4/16/24 - Form 13F-HR
- FDBC's page on the SEC website