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

Fidelity D&D Bancorp (NASDAQ:FDBC) released its quarterly earnings data on Wednesday. The financial services provider reported $1.53 earnings per share (EPS) for the quarter, Zacks reports. Fidelity D&D Bancorp had a return on equity of 12.67% and a net margin of 21.12%.

Fidelity D&D Bancorp Stock Up 0.3%

NASDAQ FDBC opened at $58.81 on Wednesday. The stock’s 50 day simple moving average is $55.10 and its 200 day simple moving average is $50.86. Fidelity D&D Bancorp has a one year low of $41.00 and a one year high of $59.49. The firm has a market cap of $341.57 million, a PE ratio of 11.20 and a beta of 0.82. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.85 and a quick ratio of 0.85.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Fidelity D&D Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, Fidelity D&D Bancorp currently has a consensus rating of “Buy”.

About Fidelity D&D Bancorp

Fidelity D&D Bancorp, Inc is a bank holding company headquartered in Dunmore, Pennsylvania. Its principal subsidiary, Fidelity Deposit and Discount Bank, is a community bank that provides banking and financial services to individuals, families, businesses and nonprofit organizations.

The bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, along with consumer and commercial lending. Its lending activities include residential mortgages, home equity financing, personal loans, commercial real estate loans and other business credit.