Fidelity D & D Bancorp
Market Cap
US$198.8m
Last Updated
2020/03/31 02:13 UTC
Data Sources
Company Financials
Executive Summary
Fidelity D & D Bancorp, Inc. operates as the holding company for The Fidelity Deposit and Discount Bank, a state chartered commercial bank that provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne counties in Pennsylvania.
Rewards
Risk Analysis
No risks detected for FDBC from our risk checks.
Snowflake Analysis
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Fidelity D & D Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FDBC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.2%
FDBC
2.9%
US Banks
5.3%
US Market
1 Year Return
-12.7%
FDBC
-27.8%
US Banks
-10.7%
US Market
Return vs Industry: FDBC exceeded the US Banks industry which returned -26.4% over the past year.
Return vs Market: FDBC underperformed the US Market which returned -10.4% over the past year.
Shareholder returns
| FDBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | 2.9% | 5.3% |
| 30 Day | 5.4% | -26.3% | -13.6% |
| 90 Day | -16.5% | -39.3% | -19.8% |
| 1 Year | -11.1%-12.7% | -25.6%-27.8% | -8.9%-10.7% |
| 3 Year | 100.5%88.7% | -17.1%-23.1% | 15.5%8.0% |
| 5 Year | 147.4%116.5% | 10.9%-1.7% | 35.2%20.4% |
Price Volatility Vs. Market
How volatile is Fidelity D & D Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Do You Know What Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) P/E Ratio Means?2 weeks ago | Simply Wall St
Does Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) CEO Pay Reflect Performance?1 month ago | Simply Wall St
Is It Smart To Buy Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Before It Goes Ex-Dividend?Valuation
Is Fidelity D & D Bancorp undervalued compared to its fair value and its price relative to the market?
16.96x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FDBC ($51.95) is trading above our estimate of fair value ($50.84)
Significantly Below Fair Value: FDBC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FDBC is poor value based on its PE Ratio (17x) compared to the Banks industry average (8.9x).
PE vs Market: FDBC is poor value based on its PE Ratio (17x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FDBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FDBC is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (0.8x).
Next Steps
Future Growth
How is Fidelity D & D Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-1.2%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fidelity D & D Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Fidelity D & D Bancorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Banks industry.
Past Performance
How has Fidelity D & D Bancorp performed over the past 5 years?
13.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDBC has high quality earnings.
Growing Profit Margin: FDBC's current net profit margins (28.3%) are lower than last year (28.8%).
Past Earnings Growth Analysis
Earnings Trend: FDBC's earnings have grown by 13.5% per year over the past 5 years.
Accelerating Growth: FDBC's earnings growth over the past year (5.2%) is below its 5-year average (13.5% per year).
Earnings vs Industry: FDBC earnings growth over the past year (5.2%) underperformed the Banks industry 10.9%.
Return on Equity
High ROE: FDBC's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is Fidelity D & D Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: FDBC has a low level of unsold assets or inventory.
Debt Coverage by Assets: FDBC's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: FDBC's level of assets compared to its equity is low.
Allowance for Bad Loans: FDBC has a sufficient allowance for bad loans.
Low Risk Liabilities: FDBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FDBC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FDBC's loans are broadly funded by customer deposits.
Level of Bad Loans: FDBC has an appropriate level of bad loans (0.49%)
Next Steps
Dividend
What is Fidelity D & D Bancorp's current dividend yield, its reliability and sustainability?
2.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FDBC's dividend (2.16%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: FDBC's dividend (2.16%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: FDBC's dividends per share have been stable in the past 10 years.
Growing Dividend: FDBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.6%), FDBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Dan Santaniello (53yo)
9.25s
Tenure
US$667,447
Compensation
Mr. Daniel J. Santaniello, also known as Dan, has been the Chief Executive Officer and President of Fidelity D&D BanCorp Inc and its subsidiary Fidelity Deposit and Discount Bank since December 2, 2010. Mr ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD667.45K) is below average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.25yrs | US$667.45k | 1.05% $2.1m | |
| Treasurer & CFO | 17.17yrs | US$420.11k | 0.63% $1.3m | |
| VP & COO | 3.83yrs | US$379.07k | 0.19% $371.1k | |
| Senior EVP and Chief Lending Officer of Fidelity Deposit & Discount Bank | no data | US$443.48k | 0.29% $584.5k | |
| Executive VP and Chief Business Development Officer of Fidelity Deposit & Discount Bank | 4.83yrs | US$403.62k | 0.11% $220.3k | |
| Secretary & Independent Director | 21.17yrs | US$99.48k | 0.63% $1.3m | |
| Assistant Secretary of the Board & Independent Director | 20.17yrs | US$99.48k | 3.67% $7.3m | |
| Senior VP & Chief Information Officer | 1.17yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Senior VP and Director of Marketing & Digital Sales | 2.42yrs | no data | no data |
4.3yrs
Average Tenure
54yo
Average Age
Experienced Management: FDBC's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.25yrs | US$667.45k | 1.05% $2.1m | |
| Secretary & Independent Director | 21.17yrs | US$99.48k | 0.63% $1.3m | |
| Assistant Secretary of the Board & Independent Director | 20.17yrs | US$99.48k | 3.67% $7.3m | |
| Independent Chairman of the Board | 1.42yrs | US$129.48k | 8.94% $17.8m | |
| Chairman Emeritus | no data | US$116.98k | 3.09% $6.1m | |
| Independent Vice Chairman of the Board | 16.17yrs | US$111.98k | 3.88% $7.7m | |
| Independent Director | 21.17yrs | US$99.48k | 0.72% $1.4m | |
| Independent Director | 8yrs | US$99.48k | 1.46% $2.9m | |
| Independent Director | 8yrs | US$101.35k | 1.86% $3.7m | |
| Independent Director | 0.17yr | no data | 0.082% $163.5k |
9.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: FDBC's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FDBC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fidelity D & D Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fidelity D & D Bancorp, Inc.
- Ticker: FDBC
- Exchange: NasdaqGM
- Founded: 1903
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$198.782m
- Shares outstanding: 3.83m
- Website: https://www.bankatfidelity.com
Number of Employees
Location
- Fidelity D & D Bancorp, Inc.
- 101 North Blakely Street
- Dunmore
- Pennsylvania
- 18512
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FDBC | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Dec 1990 |
Biography
Fidelity D & D Bancorp, Inc. operates as the holding company for The Fidelity Deposit and Discount Bank, a state chartered commercial bank that provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne counties in Pennsylvania. The company accepts various deposits products, such as demand, savings, clubs, interest and non-interest bearing checking, money market, and interest-bearing time and savings accounts, as well as short-and long-term time deposits or certificates of deposit. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, consumer loans, and residential mortgage loans. The company also provides alternative financial and insurance products with asset management services. As of December 31, 2018, it operated 11 full-service banking offices. Fidelity D & D Bancorp, Inc. was founded in 1903 and is headquartered in Dunmore, Pennsylvania.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 02:13 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.