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

Fidelity D & D Bancorp (NASDAQ:FDBC) released its earnings results on Wednesday. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, RTT News reports. The company 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 quarter in the previous year, the firm earned $0.93 EPS.

Fidelity D & D Bancorp Stock Down 2.9 %

Fidelity D & D Bancorp stock traded down $1.50 during midday trading on Friday, reaching $50.50. The stock had a trading volume of 4,085 shares, compared to its average volume of 7,110. The company has a fifty day moving average price of $50.66 and a two-hundred day moving average price of $48.04. Fidelity D & D Bancorp has a 12 month low of $41.10 and a 12 month high of $60.85. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $289.67 million, a P/E ratio of 17.84 and a beta of 0.59.

Fidelity D & D Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, November 15th. This is a boost from Fidelity D & D Bancorp’s previous quarterly dividend of $0.38. Fidelity D & D Bancorp’s dividend payout ratio is 53.71%.

Insiders Place Their Bets

In other news, CEO Daniel J. Santaniello sold 759 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 55,382 shares of the company’s stock, valued at $2,929,707.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Alan Silverman sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $51.50, for a total transaction of $103,000.00. Following the completion of the sale, the director now directly owns 19,049 shares of the company’s stock, valued at $981,023.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Daniel J. Santaniello sold 759 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were 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 directly 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. Over the last quarter, insiders have sold 3,500 shares of company stock worth $182,547. Corporate insiders own 21.00% of the company’s stock.

Fidelity D & D Bancorp Company Profile

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.