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Fidelity D&D Bancorp, Inc. - FDBC STOCK NEWS

Welcome to our dedicated news page for Fidelity D&D Bancorp (Ticker: FDBC), a resource for investors and traders seeking the latest updates and insights on Fidelity D&D Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fidelity D&D Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fidelity D&D Bancorp's position in the market.

Rhea-AI Summary
Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) reported unaudited financial results for the year ended December 31, 2023. Net income declined by 39% due to a reduction in net interest income and non-interest income. The company sold certain securities resulting in a pre-tax loss of $6.5 million. Adjusted net income was $23.3 million, a $6.7 million decrease compared to 2022. Net income for the quarter ended December 31, 2023, was $0.5 million, a 93% decline from the same period in 2022. For the year ended December 31, 2023, net interest income declined by 14% primarily due to interest expense growing faster than interest income. Non-interest income decreased by 31% while non-interest expenses increased by 1%. Total assets grew to $2.5 billion, an increase of $125 million from December 31, 2022. Shareholders' equity increased by 16% to $189.5 million at December 31, 2023. The company remains well-capitalized with Tier 1 capital at 9.15% of total average assets as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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earnings
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Rhea-AI Summary
Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) announces a 6% increase in the 2024 first quarter dividend to $0.38 per share, payable on March 8, 2024. The company serves multiple counties in Pennsylvania and offers digital banking services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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dividends earnings
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Rhea-AI Summary
Fidelity D&D Bancorp announces unaudited financial results for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
earnings
Rhea-AI Summary
Fidelity D&D Bancorp, Inc. announces a 6% increase in the fourth quarter dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
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earnings
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
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dividends earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.82%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.84%
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none
Fidelity D&D Bancorp, Inc.

Nasdaq:FDBC

FDBC Rankings

FDBC Stock Data

276.96M
4.57M
18.26%
21.03%
0.95%
Commercial Banking
Finance and Insurance
Link
US
Dunmore

About FDBC

fidelity bank has a 110 year history of exceeding its customers' expectations with engaging and customer-focused employees who listen, understand, and recommend the products and services that best suit you. the team of fidelity bankers focuses on serving as trusted financial advisors to its customers and acting as a financial partner for your family or business. headquartered in northeastern pennsylvania, fidelity bank has 11 branches as well as full service trust & investment divisions, a dedicated mortgage center, a complete line of business and commercial banking products and services, and 24 hour a day, 7 day a week accesibility. member fdic. equal housing lender. sba preferred lender.