Fidelity D & D Bancorp (NASDAQ:FDBC) Releases 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 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 Price Performance

Fidelity D & D Bancorp stock traded up $0.22 during midday trading on Wednesday, reaching $44.41. 4,216 shares of the stock traded hands, compared to its average volume of 5,807. 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 has a 12 month low of $41.00 and a 12 month high of $61.21. The stock’s fifty day moving average is $49.42 and its 200-day moving average is $50.54. The stock has a market cap of $254.91 million, a P/E ratio of 16.57 and a beta of 0.61.

Fidelity D & D Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.60%. Fidelity D & D Bancorp’s dividend payout ratio is currently 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.