NasdaqGM:FDBC

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Fidelity D & D Bancorp

Executive Summary

Fidelity D & D Bancorp, Inc. operates as the holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne counties, Pennsylvania. More Details


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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: FDBC's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.7%

FDBC

6.0%

US Banks

1.8%

US Market


1 Year Return

-6.3%

FDBC

-15.9%

US Banks

20.4%

US Market

Return vs Industry: FDBC exceeded the US Banks industry which returned -15.9% over the past year.

Return vs Market: FDBC underperformed the US Market which returned 20.4% over the past year.


Shareholder returns

FDBCIndustryMarket
7 Day3.7%6.0%1.8%
30 Day27.8%18.5%6.0%
90 Day37.2%22.7%6.8%
1 Year-4.1%-6.3%-12.9%-15.9%23.2%20.4%
3 Year67.1%57.5%-0.2%-8.6%47.4%37.6%
5 Year208.7%172.3%37.8%20.5%91.9%70.8%

Long-Term 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

Valuation

Is Fidelity D & D Bancorp undervalued compared to its fair value and its price relative to the market?

25.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FDBC ($62.2) is trading above our estimate of fair value ($46.24)

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 (25.2x) compared to the US Banks industry average (11.6x).

PE vs Market: FDBC is poor value based on its PE Ratio (25.2x) compared to the US market (19.7x).


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 (1.9x) compared to the US Banks industry average (0.9x).


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?

16.4%

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

Past Performance

How has Fidelity D & D Bancorp performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FDBC has a large one-off loss of $3.3M impacting its September 30 2020 financial results.

Growing Profit Margin: FDBC's current net profit margins (22.1%) are lower than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: FDBC's earnings have grown by 10.4% per year over the past 5 years.

Accelerating Growth: FDBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FDBC had negative earnings growth (-9.7%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).


Return on Equity

High ROE: FDBC's Return on Equity (6.5%) 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


Financial Institutions Analysis

Asset Level: FDBC's Assets to Equity ratio (10.6x) is moderate.

Allowance for Bad Loans: FDBC has a sufficient allowance for bad loans (320%).

Low Risk Liabilities: 98% of FDBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: FDBC has an appropriate level of Loans to Assets ratio (66%).

Low Risk Deposits: FDBC's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: FDBC has an appropriate level of bad loans (0.4%).


Next Steps

Dividend

What is Fidelity D & D Bancorp current dividend yield, its reliability and sustainability?

1.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FDBC's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: FDBC's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (4.05%).


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 (45.4%), 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?

5.0yrs

Average management tenure


CEO

Dan Santaniello (54 yo)

9.92yrs

Tenure

US$680,730

Compensation

Mr. Daniel J. Santaniello, also known as Dan, was appointed President and Chief Executive Officer of Fidelity Deposit and Discount Bank in December 2010. From 2001 to December 2010, he has served as Execut...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD680.73K) is below average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Santaniello
President9.92yrsUS$680.73k0.83%
$ 2.6m
Salvatore DeFrancesco
Treasurer & CFO17.83yrsUS$439.80k0.48%
$ 1.5m
Eugene Walsh
VP & COO4.5yrsUS$508.61k0.14%
$ 444.4k
Timothy O'Brien
Senior EVP and Chief Lending Officer of Fidelity Deposit & Discount Bankno dataUS$453.64k0.23%
$ 711.3k
Michael Pacyna
Executive VP and Chief Business Development Officer of Fidelity Deposit & Discount Bank5.58yrsUS$344.33k0.085%
$ 263.8k
John Cognetti
Secretary & Independent Director21.83yrsUS$88.28k0.48%
$ 1.5m
Mary McDonald
Assistant Secretary of the Board & Independent Director20.83yrsUS$88.28k2.82%
$ 8.7m
Kerry Lobel
Senior VP & Chief Information Officer1.83yrsno datano data
John Pash
Investor Relations Officerno datano datano data
Joann Marsili
Senior VP and Director of Marketing & Digital Sales3.17yrsno datano data
William McAndrew
Senior VP & LPL Financial Advisorno datano datano data
Patty Descipio
Marketing Communications Officerno datano datano data

5.0yrs

Average Tenure

55yo

Average Age

Experienced Management: FDBC's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Santaniello
President9.92yrsUS$680.73k0.83%
$ 2.6m
John Cognetti
Secretary & Independent Director21.83yrsUS$88.28k0.48%
$ 1.5m
Mary McDonald
Assistant Secretary of the Board & Independent Director20.83yrsUS$88.28k2.82%
$ 8.7m
Alan Silverman
Director0.17yrno data0.23%
$ 705.5k
HelenBeth Garofalo Vilcek
Director0.50yrno data2.13%
$ 6.6m
Brian Cali
Independent Chairman of the Board2.08yrsUS$113.28k6.92%
$ 21.4m
Michael McDonald
Independent Vice Chairman of the Board16.83yrsUS$108.28k3%
$ 9.3m
Richard Lettieri
Independent Director8.67yrsUS$88.28k1.11%
$ 3.4m
Kristin O'Donnell
Independent Director8.67yrsUS$98.28k1.43%
$ 4.4m
Richard Hotchkiss
Director0.50yrno data0.45%
$ 1.4m
William Joyce
Independent Director0.83yrno data0.073%
$ 226.9k

8.7yrs

Average Tenure

65yo

Average Age

Experienced Board: FDBC's board of directors are considered experienced (8.7 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 been diluted in the past year, with total shares outstanding growing by 31.6%.


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: 1902
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$309.616m
  • Shares outstanding: 4.98m
  • Website: https://www.bankatfidelity.com

Number of Employees


Location

  • Fidelity D & D Bancorp, Inc.
  • Blakely And Drinker Streets
  • Dunmore
  • Pennsylvania
  • 18512
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FDBCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 1990

Biography

Fidelity D & D Bancorp, Inc. operates as the holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, financial, and trust services to individuals, small businesses, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 23:49
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.