Fidelity D & D Bancorp
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 last earnings update was 9 days ago. More info.
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FDBC Share Price and Events
7 Day Returns
1 Year Returns
FDBC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Fidelity D & D Bancorp (FDBC) | -3.4% | -8.8% | 1.6% | 2.1% | 166.9% | 205% |
| US Banks | -5.2% | -7.8% | -5.8% | -16.1% | 29.4% | 33.3% |
| US Market | -3.1% | -5.3% | -1.2% | -1.7% | 28.2% | 35% |
1 Year Return vs Industry and Market
- FDBC outperformed the Banks industry which returned -16.1% over the past year.
- FDBC outperformed the Market in United States of America which returned -1.7% over the past year.
FDBC Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Fidelity D & D Bancorp
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Fidelity D & D Bancorp.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = $23.32 * 10% |
$2.33 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | $23.32 |
| Discount Rate (Cost of Equity) | See below | 7.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Banks Unlevered Beta | Simply Wall St/ S&P Global | 0.56 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.56 (1 + (1- 21%) (21.38%)) |
0.768 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%) |
7.5% |
Discounted Cash Flow Calculation for NasdaqGM:FDBC using Excess Returns Model Model
The calculations below outline how an intrinsic value for Fidelity D & D Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (10% – 7.5%) * $23.32) |
$0.58 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $0.58 / (7.5% - 2.73%) |
$12.11 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $23.32 + $12.11 |
$35.44 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $35.44 |
| Current discount | Discount to share price of
$60.50
= -1 x ($60.50 - $35.44) / $35.44 |
-70.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Fidelity D & D Bancorp is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Fidelity D & D Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Fidelity D & D Bancorp's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-06-30) in USD | $3.06 |
| NasdaqGM:FDBC Share Price ** | NasdaqGM (2019-08-16) in USD | $60.5 |
| United States of America Banks Industry PE Ratio | Median Figure of 598 Publicly-Listed Banks Companies | 12.2x |
| United States of America Market PE Ratio | Median Figure of 3,093 Publicly-Listed Companies | 17.02x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Fidelity D & D Bancorp.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGM:FDBC Share Price ÷ EPS (both in USD) = 60.5 ÷ 3.06 |
19.79x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fidelity D & D Bancorp is overvalued based on earnings compared to the US Banks industry average.
- Fidelity D & D Bancorp is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Fidelity D & D Bancorp's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 19.79x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
2.2%per year |
| United States of America Banks Industry PEG Ratio | Median Figure of 272 Publicly-Listed Banks Companies | 1.11x |
| United States of America Market PEG Ratio | Median Figure of 2,115 Publicly-Listed Companies | 1.38x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Fidelity D & D Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Fidelity D & D Bancorp's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-06-30) in USD | $26.82 |
| NasdaqGM:FDBC Share Price * | NasdaqGM (2019-08-16) in USD | $60.5 |
| United States of America Banks Industry PB Ratio | Median Figure of 599 Publicly-Listed Banks Companies | 1.14x |
| United States of America Market PB Ratio | Median Figure of 5,261 Publicly-Listed Companies | 1.67x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGM:FDBC Share Price ÷ Book Value per Share (both in USD) = 60.5 ÷ 26.82 |
2.26x |
* Primary Listing of Fidelity D & D Bancorp.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Fidelity D & D Bancorp is overvalued based on assets compared to the US Banks industry average.
Value checks
We assess Fidelity D & D Bancorp's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check) Fidelity D & D Bancorp has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
FDBC Future Performance
- No analysts cover Fidelity D & D Bancorp, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Fidelity D & D Bancorp's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
- Fidelity D & D Bancorp's earnings growth is positive but not above the United States of America market average.
- Unable to compare Fidelity D & D Bancorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGM:FDBC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 2.2% |
| United States of America Banks Industry Earnings Growth Rate | Market Cap Weighted Average | 1.6% |
| United States of America Banks Industry Revenue Growth Rate | Market Cap Weighted Average | 3.2% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.4% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-06-30 | 40 | 19 | 12 |
| 2019-03-31 | 39 | 18 | 11 |
| 2018-12-31 | 38 | 14 | 11 |
| 2018-09-30 | 37 | 13 | 10 |
| 2018-06-30 | 36 | 15 | 10 |
| 2018-03-31 | 36 | 12 | 9 |
| 2017-12-31 | 35 | 14 | 9 |
| 2017-09-30 | 35 | 17 | 8 |
| 2017-06-30 | 34 | 17 | 8 |
| 2017-03-31 | 33 | 19 | 8 |
| 2016-12-31 | 32 | 16 | 8 |
| 2016-09-30 | 31 | 12 | 7 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Fidelity D & D Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-06-30 | 3.06 |
| 2019-03-31 | 3.00 |
| 2018-12-31 | 2.93 |
| 2018-09-30 | 2.80 |
| 2018-06-30 | 2.64 |
| 2018-03-31 | 2.49 |
| 2017-12-31 | 2.35 |
| 2017-09-30 | 2.28 |
| 2017-06-30 | 2.23 |
| 2017-03-31 | 2.16 |
| 2016-12-31 | 2.09 |
| 2016-09-30 | 2.04 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Fidelity D & D Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Fidelity D & D Bancorp's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Fidelity D & D Bancorp has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
FDBC Past Performance
How has Fidelity D & D Bancorp performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Fidelity D & D Bancorp's year on year earnings growth rate has been positive over the past 5 years.
- Fidelity D & D Bancorp's 1-year earnings growth exceeds its 5-year average (16.9% vs 11.6%)
- Fidelity D & D Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (16.9% vs 33.2%).
Earnings and Revenue History
All data from Fidelity D & D Bancorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-06-30 | 39.64 | 11.51 | 23.19 | |
| 2019-03-31 | 39.08 | 11.28 | 23.06 | |
| 2018-12-31 | 38.21 | 11.01 | 22.58 | |
| 2018-09-30 | 36.71 | 10.49 | 23.11 | |
| 2018-06-30 | 36.04 | 9.85 | 22.90 | |
| 2018-03-31 | 35.54 | 9.26 | 22.80 | |
| 2017-12-31 | 34.76 | 8.72 | 22.33 | |
| 2017-09-30 | 34.61 | 8.42 | 21.00 | |
| 2017-06-30 | 33.91 | 8.23 | 20.46 | |
| 2017-03-31 | 32.90 | 7.97 | 19.76 | |
| 2016-12-31 | 32.12 | 7.69 | 19.37 | |
| 2016-09-30 | 31.27 | 7.49 | 18.75 | |
| 2016-06-30 | 30.90 | 7.38 | 18.66 | |
| 2016-03-31 | 30.41 | 7.23 | 18.41 | |
| 2015-12-31 | 29.94 | 7.10 | 18.20 | |
| 2015-09-30 | 29.98 | 6.92 | 17.97 | |
| 2015-06-30 | 29.22 | 6.62 | 17.67 | |
| 2015-03-31 | 28.70 | 6.47 | 17.26 | |
| 2014-12-31 | 28.22 | 6.35 | 16.89 | |
| 2014-09-30 | 29.61 | 7.42 | 16.37 | |
| 2014-06-30 | 29.17 | 7.30 | 16.09 | |
| 2014-03-31 | 28.86 | 7.18 | 15.91 | |
| 2013-12-31 | 28.88 | 7.12 | 16.08 | |
| 2013-09-30 | 25.87 | 5.34 | 15.72 | |
| 2013-06-30 | 25.57 | 5.24 | 15.65 | |
| 2013-03-31 | 25.43 | 5.04 | 15.56 | |
| 2012-12-31 | 25.04 | 4.90 | 15.47 | |
| 2012-09-30 | 25.30 | 5.18 | 15.32 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Fidelity D & D Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Fidelity D & D Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
- Unable to establish if Fidelity D & D Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Past performance checks
We assess Fidelity D & D Bancorp's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Fidelity D & D Bancorp has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
FDBC Health
This company is a bank or financial institution.Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Balance sheet
Assets
Liabilities and shares
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Fidelity D & D Bancorp Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-06-30 | 101.43 | 44.11 | 19.19 |
| 2019-03-31 | 97.74 | 27.61 | 15.31 |
| 2018-12-31 | 93.56 | 108.07 | 16.09 |
| 2018-09-30 | 90.05 | 71.97 | 16.94 |
| 2018-06-30 | 88.85 | 48.26 | 17.97 |
| 2018-03-31 | 87.50 | 27.35 | 36.31 |
| 2017-12-31 | 87.38 | 39.71 | 14.43 |
| 2017-09-30 | 86.28 | 36.62 | 41.88 |
| 2017-06-30 | 84.14 | 58.16 | 14.88 |
| 2017-03-31 | 82.19 | 31.70 | 29.12 |
| 2016-12-31 | 80.63 | 4.22 | 24.54 |
| 2016-09-30 | 81.56 | 11.00 | 31.44 |
| 2016-06-30 | 80.40 | 7.26 | 27.85 |
| 2016-03-31 | 78.31 | 12.77 | 41.09 |
| 2015-12-31 | 76.35 | 28.20 | 11.28 |
| 2015-09-30 | 75.63 | 6.74 | 25.69 |
| 2015-06-30 | 73.70 | 34.26 | 21.74 |
| 2015-03-31 | 73.52 | 23.77 | 18.98 |
| 2014-12-31 | 72.22 | 13.97 | 24.85 |
| 2014-09-30 | 71.06 | 27.23 | 19.69 |
| 2014-06-30 | 69.93 | 37.87 | 14.44 |
| 2014-03-31 | 67.85 | 28.33 | 32.10 |
| 2013-12-31 | 66.06 | 24.64 | 12.32 |
| 2013-09-30 | 61.80 | 30.20 | 35.89 |
| 2013-06-30 | 59.90 | 32.20 | 15.27 |
| 2013-03-31 | 59.78 | 29.59 | 20.73 |
| 2012-12-31 | 58.95 | 24.06 | 20.85 |
| 2012-09-30 | 58.55 | 30.07 | 45.62 |
BANK ANALYSIS
This company is a bank or financial institution, which is analysed accordingly below.
- Fidelity D & D Bancorp has an acceptable proportion of non-loan assets held.
- Fidelity D & D Bancorp's liabilities are made up of primarily low risk sources of funding.
- Loans at Fidelity D & D Bancorp are broadly funded by customer deposits.
- Fidelity D & D Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
- Fidelity D & D Bancorp has a sufficient allowance for bad loans.
- Fidelity D & D Bancorp has an acceptable level of bad loans (less than 2%).
Financial health checks
We assess Fidelity D & D Bancorp's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Fidelity D & D Bancorp has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
FDBC Dividends
What is Fidelity D & D Bancorp's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Fidelity D & D Bancorp
shares you are expected to receive
$34
in your first year as a dividend.
Dividend Amount
- Fidelity D & D Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
- Fidelity D & D Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).
Upcoming dividend payment
Purchase Fidelity D & D Bancorp before the 'Ex-dividend' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Banks Industry Average Dividend Yield | Market Cap Weighted Average of 480 Stocks | 3.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-08-07 | 1.040 | 1.677 |
| 2019-07-24 | 1.040 | 1.602 |
| 2019-02-06 | 1.040 | 1.714 |
| 2018-11-07 | 1.040 | 1.704 |
| 2018-08-08 | 0.980 | 1.527 |
| 2018-05-02 | 0.980 | 1.725 |
| 2018-04-25 | 0.980 | 1.949 |
| 2018-03-15 | 0.980 | 1.972 |
| 2018-01-31 | 0.980 | 2.001 |
| 2017-11-09 | 0.840 | 1.916 |
| 2017-10-25 | 0.840 | 2.329 |
| 2017-08-02 | 0.827 | 2.437 |
| 2017-05-03 | 0.827 | 2.804 |
| 2017-02-08 | 0.827 | 3.022 |
| 2017-02-01 | 0.840 | 3.257 |
| 2016-11-02 | 0.773 | 3.234 |
| 2016-08-03 | 0.773 | 3.447 |
| 2016-05-06 | 0.773 | 3.635 |
| 2016-02-08 | 0.720 | 3.393 |
| 2015-11-05 | 0.720 | 3.157 |
| 2015-08-21 | 0.720 | 3.241 |
| 2015-05-06 | 0.720 | 3.207 |
| 2015-05-04 | 0.667 | 2.941 |
| 2014-11-06 | 0.667 | 3.040 |
| 2014-08-06 | 0.667 | 3.293 |
| 2014-05-07 | 0.667 | 3.582 |
| 2014-02-05 | 0.667 | 3.713 |
| 2013-11-11 | 0.667 | 3.761 |
| 2013-08-07 | 0.667 | 3.881 |
| 2013-05-09 | 0.667 | 4.079 |
| 2013-02-08 | 0.667 | 4.418 |
| 2013-02-01 | 0.667 | 4.716 |
| 2012-11-12 | 0.667 | 4.790 |
| 2012-10-24 | 0.667 | 4.792 |
| 2012-08-10 | 0.667 | 4.744 |
| 2012-07-27 | 0.667 | 4.812 |
| 2012-05-04 | 0.667 | 4.865 |
| 2012-04-25 | 0.667 | 4.610 |
| 2012-02-10 | 0.667 | 4.406 |
| 2012-02-03 | 0.667 | 4.791 |
| 2011-11-03 | 0.667 | 5.048 |
| 2011-08-08 | 0.667 | 5.610 |
| 2011-08-02 | 0.667 | 5.407 |
| 2011-05-09 | 0.667 | 5.238 |
| 2011-04-27 | 0.667 | 5.254 |
| 2011-02-04 | 0.667 | 5.255 |
| 2010-11-03 | 0.667 | 5.370 |
| 2010-08-04 | 0.667 | 5.779 |
| 2010-07-28 | 0.667 | 6.965 |
| 2010-05-05 | 0.667 | 7.549 |
| 2010-04-29 | 0.667 | 7.438 |
| 2010-02-04 | 0.667 | 6.815 |
| 2010-02-03 | 0.667 | 6.558 |
| 2009-11-19 | 0.667 | 6.280 |
| 2009-11-17 | 0.667 | 5.883 |
| 2009-10-29 | 0.667 | 5.890 |
| 2009-08-05 | 0.667 | 5.329 |
| 2009-07-23 | 0.667 | 5.290 |
| 2009-05-07 | 0.667 | 5.022 |
| 2009-05-05 | 0.667 | 4.843 |
| 2009-02-04 | 0.667 | 4.611 |
| 2009-01-30 | 0.667 | 4.478 |
| 2008-11-05 | 0.667 | 4.002 |
| 2008-10-24 | 0.667 | 4.185 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Fidelity D & D Bancorp's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (3x coverage).
- Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Income/ dividend checks
We assess Fidelity D & D Bancorp's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Fidelity D & D Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Fidelity D & D Bancorp has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
FDBC Management
CEO
| COMPENSATION | $667,447 |
| AGE | 53 |
| TENURE AS CEO | 8.7 years |
CEO Bio
Mr. Daniel J. Santaniello, also known as Dan, has been the Chief Executive Officer and President of Fidelity D&D BanCorp Inc since December 2, 2010 and its subsidiary Fidelity Deposit and Discount Bank (the “Bank”). He served as the Chief Operating Officer and Senior Vice President of Fidelity D&D BanCorp. Inc. He served as the Chief Operating Officer and Executive Vice President of the Bank from 2001 to December 2010. From May 2004 to November 14, 2007. He served as Interim Chief Executive Officer of Fidelity D&D BanCorp. Inc. since January 2010. He served as the Chief Retail Banking Officer and Executive Vice President of the Bank since joining in July 2001 to November 14, 2007. He served as Senior Vice President of Retail Sales and Administration of Pennstar Bank. He has been a Director of Fidelity D&D BanCorp. Inc. and its subsidiary the Bank since March 2011. He serves on the Board of Directors for the Pennsylvania Association of Bankers and his commitment to his community has been honored by several civic and cultural organizations. Currently, he serves as Chairman Emeritus of the Board of Directors of the Greater Scranton Chamber of Commerce, 1st Vice President of the Board of Directors for the Scranton Cultural Center, 2nd Vice Chairman of the Board of Director’s for Friendship House and Treasurer of the Prostate Cancer Awareness Foundation. He also sits on St. Joseph’s Center Foundation Board and the Lackawanna Workforce Investment Board. He serves on his church’s Finance Council at Saint Eulalia’s Parish, Moscow. He is a 1990 graduate of Marywood University where he earned his Bachelor of Science degree in Accounting.
CEO Compensation
- Dan's compensation has been consistent with company performance over the past year, both up more than 20%.
- Dan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Fidelity D & D Bancorp management team in years:
- The tenure for the Fidelity D & D Bancorp management team is about average.
Management Team
Dan Santaniello
President
$667K
53
8.7 yrs
Sal DeFrancesco
Treasurer & CFO
$420K
49
16.6 yrs
Eugene Walsh
VP & COO
$379K
54
3.3 yrs
Tim O'Brien
Senior EVP and Chief Lending Officer of Fidelity Deposit & Discount Bank
$443K
67
Mike Pacyna
Executive VP and Chief Business Development Officer of Fidelity Deposit & Discount Bank
$404K
53
4.3 yrs
John Cognetti
Secretary & Director
$99K
69
Mary McDonald
Assistant Secretary of the Board & Director
$99K
86
Kerry Lobel
Senior VP & Chief Information Officer
0.6 yrs
John Pash
Investor Relations Officer
Joann Marsili
Senior VP and Marketing & Digital Sales Director
1.9 yrs
Board of Directors Tenure
Average tenure and age of the Fidelity D & D Bancorp board of directors in years:
- The average tenure for the Fidelity D & D Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Brian Cali
Chairman of the Board
$129K
66
0.8 yrs
Dan Santaniello
President
$667K
53
8.4 yrs
Michael McDonald
Vice Chairman of the Board
$112K
64
15.6 yrs
Patrick Dempsey
Chairman Emeritus
$117K
85
John Cognetti
Secretary & Director
$99K
69
20.6 yrs
Mary McDonald
Assistant Secretary of the Board & Director
$99K
86
19.6 yrs
David Tressler
Director
$99K
82
20.6 yrs
Richard Lettieri
Director
$99K
71
7.4 yrs
Kristin O’Donnell
Director
$101K
49
7.4 yrs
Who owns this company?
Recent Insider Trading
- Fidelity D & D Bancorp individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11. Jun 19 | Sell | Daniel Santaniello | Individual | 10. Jun 19 | 10. Jun 19 | -4,654 | $62.75 | $-292,039 | ||
| 11. Jun 19 | Sell | John Cognetti | Individual | 10. Jun 19 | 10. Jun 19 | -350 | $62.75 | $-21,963 | ||
| 22. May 19 | Sell | Michael Pacyna | Individual | 21. May 19 | 21. May 19 | -110 | $60.14 | $-6,615 | ||
| 29. Apr 19 | Sell | John Cognetti | Individual | 26. Apr 19 | 26. Apr 19 | -6 | $60.00 | $-360 | ||
| 29. Apr 19 | Sell | John Cognetti | Individual | 26. Apr 19 | 26. Apr 19 | -669 | $59.49 | $-39,799 | ||
| 20. Mar 19 | Sell | Daniel Santaniello | Individual | 18. Mar 19 | 19. Mar 19 | -5,346 | $60.95 | $-325,839 | ||
| 08. Mar 19 | Sell | Brian Cali | Individual | 06. Mar 19 | 06. Mar 19 | -2,620 | $57.00 | $-149,340 | ||
| 12. Feb 19 | Sell | Michael Pacyna | Individual | 12. Feb 19 | 12. Feb 19 | -255 | $60.24 | $-15,361 | ||
| 12. Feb 19 | Buy | Patrick Dempsey | Individual | 05. Feb 19 | 05. Feb 19 | 700 | $59.70 | $41,790 | ||
| 31. Dec 18 | Buy | Kristin O’Donnell | Individual | 27. Dec 18 | 27. Dec 18 | 240 | $62.40 | $15,000 | ||
| 31. Oct 18 | Sell | Timothy O'Brien | Individual | 29. Oct 18 | 31. Oct 18 | -2,000 | $65.32 | $-126,281 | ||
Management checks
We assess Fidelity D & D Bancorp's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Fidelity D & D Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
FDBC News
Simply Wall St News
Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)'s Could Be A Buy For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Fidelity D & D Bancorp, Inc. … Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. … Fidelity D & D Bancorp has seen its earnings per share grow slowly in recent years, and the company reinvests more than half of its profits in the business, which generally bodes well for its future prospects.
Simply Wall St - – Full articleDoes Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) CEO Salary Reflect Performance?
First, this article will compare CEO compensation with compensation at similar sized companies. … See our latest analysis for Fidelity D & D Bancorp How Does Dan Santaniello's Compensation Compare With Similar Sized Companies? … A first glance this seems like a real positive for shareholders, since Dan Santaniello is paid less than the average total compensation paid by similar sized companies.
Simply Wall St - – Full articleHere's Why I Think Fidelity D & D Bancorp (NASDAQ:FDBC) Might Deserve Your Attention Today
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Fidelity D & D Bancorp (NASDAQ:FDBC). … Although Fidelity D & D Bancorp certainly looks good to me, I would like it more if insiders were buying up shares. … If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you're looking for.
Simply Wall St - – Full articleDo Insiders Own Lots Of Shares In Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)?
Taking a look at our data on the ownership groups (below), it's seems that institutions are noticeable on the share registry. … Check out our latest analysis for Fidelity D & D Bancorp NasdaqGM:FDBC Ownership Summary, July 8th 2019 What Does The Institutional Ownership Tell Us About Fidelity D & D Bancorp? … Insider Ownership Of Fidelity D & D Bancorp The definition of an insider can differ slightly between different countries, but members of the board of directors always count.
Simply Wall St - – Full articleYou Have To Love Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) Dividend
For the purpose of this article, we only scrutinise the last decade of Fidelity D & D Bancorp's dividend payments. … Dividend Growth Potential While dividend payments have been relatively reliable, it would also be nice if earnings per share (EPS) were growing, as this is essential to maintaining the dividend's purchasing power over the long term. … Next, growing earnings per share and steady dividend payments is a great combination.
Simply Wall St - – Full articleWhy Fidelity D & D Bancorp, Inc.'s (NASDAQ:FDBC) High P/E Ratio Isn't Necessarily A Bad Thing
Check out our latest analysis for Fidelity D & D Bancorp How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Fidelity D & D Bancorp: P/E of 21.33 = $64 ÷ $3 (Based on the trailing twelve months to March 2019.) Is A High P/E Ratio Good? … NasdaqGM:FDBC Price Estimation Relative to Market, June 5th 2019 Its relatively high P/E ratio indicates that Fidelity D & D Bancorp shareholders think it will perform better than other companies in its industry classification.
Simply Wall St - – Full articleRead This Before Buying Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) Shares
So we'll take a look at whether insiders have been buying or selling shares in Fidelity D & D Bancorp, Inc. … Over the last year we saw more insider selling of Fidelity D & D Bancorp shares, than buying. … Insiders at Fidelity D & D Bancorp Have Sold Stock Recently Over the last three months, we've seen significant insider selling at Fidelity D & D Bancorp.
Simply Wall St - – Full articleIf You Had Bought Fidelity D & D Bancorp (NASDAQ:FDBC) Stock Five Years Ago, You Could Pocket A 240% Gain Today
One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During five years of share price growth, Fidelity D & D Bancorp achieved compound earnings per share (EPS) growth of 8.2% per year. … This EPS growth is slower than the share price growth of 28% per year, over the same period.
Simply Wall St - – Full articleWith EPS Growth And More, Fidelity D & D Bancorp (NASDAQ:FDBC) Is Interesting
If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Fidelity D & D Bancorp (NASDAQ:FDBC). … I note that Fidelity D & D Bancorp's revenue from operations was lower than its revenue in the last twelve months, so that could distort my analysis of its margins. … While we note Fidelity D & D Bancorp's EBIT margins were flat over the last year, revenue grew by a solid 9.9% to US$38m.
Simply Wall St - – Full articleShould You Be Concerned About Fidelity D & D Bancorp, Inc.’s (NASDAQ:FDBC) Liquidity?
As a small-cap finance stock with a market capitalisation of US$227m, the risk and profitability of Fidelity D & D Bancorp, Inc. … Unpredictable macro events such as political instability could weaken its financial position which is why it is important to understand how well the bank manages its risk levels. … Today we will be measuring Fidelity D & D Bancorp’s financial risk position by looking at three leverage and liquidity metrics.
Simply Wall St - – Full articleFDBC Company Info
Description
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.
Details
| Name: | Fidelity D & D Bancorp, Inc. |
| FDBC | |
| Exchange: | NasdaqGM |
| Founded: | 1903 |
| $228,780,750 | |
| 3,781,500 | |
| Website: | http://www.bankatfidelity.com |
| Address: |
Fidelity D & D Bancorp, Inc. 101 North Blakely Street, Dunmore, Pennsylvania, 18512, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGM | FDBC | Common Stock | Nasdaq Global Market | US | USD | 28. Dec 1990 |
Number of employees
Current staff
Industry
| Regional Banks | |
| Banks |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/08/16 23:40 |
| End of day share price update: | 2019/08/16 00:00 |
| Last earnings filing: | 2019/08/07 |
| Last earnings reported: | 2019/06/30 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
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