earnings
confidence high
sentiment negative
materiality 0.65
Fidelity D & D Bancorp Q3 net income $5.0M ($0.86 EPS), down 6% YoY; NII up 5%
FIDELITY D & D BANCORP INC
2024-Q3 EPS reported
$2.59
- Net income $5.0M, diluted EPS $0.86; vs $5.3M, $0.93 in Q3 2023, a 6% decline.
- Net interest income $15.4M, +5% YoY; FTE net interest margin improved to 2.70% from 2.63%.
- Non-interest income $5.0M (+15%), but non-interest expenses $13.8M (+8%) partly offset gains.
- Non-performing assets rose to $7.6M (0.29% of assets) from $3.3M (0.13%) at Dec 31, 2023.
- Deposits grew $184.1M YTD; total assets $2.6B; Tier 1 capital ratio 9.30% (well capitalized).