NASDAQ$FDBC
Fidelity D & D Bancorp Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Fidelity D & D Bancorp reported net income decrease due to merger-related expenses, increased salaries and employee benefits, and increased provision for loan losses, which offset the increase in net interest income.
Fidelity D & D Bancorp's net income for the quarter ended June 30, 2020, was $0.3 million, or $0.05 diluted earnings per share, a significant decrease compared to the $3.0 million, or $0.79 diluted earnings per share, for the same quarter in 2019. This decline was primarily due to merger-related expenses, increased salaries and employee benefits, and a higher provision for loan losses, despite an increase in net interest income. The company's results were also impacted by COVID-19, with initiatives taken to support clients and communities, including originating PPP loans and providing loan deferments.
- Net income decreased by $2.7 million, or 92%, compared to the same quarter last year.
- Second quarter diluted earnings per share was reduced by $0.34 due to non-recurring merger-related expenses.
- The company acquired MNB Corporation effective May 1, 2020, adding $451 million in assets, $395 million in deposits, and $245 million in loans.
- Originated 1,439 Paycheck Protection Program Loans totaling $157 million and provided 1,429 loan deferments to clients.
Headline financials
Revenue & EPS history
Fidelity D & D Bancorp · Revenue · Quarterly
$13.5M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.5%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+0.5%
Avg return
30 days after
39%
26 / 66 earnings
Positive
+15.2%
Q3 2011
Best reaction
-10.6%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +0.6% | -0.5% | |
| Q4 2025 | -1.9% | +6.5% | +0.4% | |
| Q3 2025 | +2.2% | +2.4% | +2.6% | |
| Q2 2025 | -0.8% | -1.6% | +8.5% | |
| Q1 2025 | +2.9% | -0.4% | -1.8% | |
| Q4 2024 | +1.5% | +2.7% | +2.1% | |
| Q3 2024 | +2.5% | +4.5% | +6.9% | |
| Q2 2024 | -0.6% | -4.8% | -10.2% | |
| Q1 2024 | -3.6% | -2.9% | -2.9% | |
| Q4 2023 | +3.0% | +8.7% | -1.8% | |
| Q3 2023 | -0.4% | +0.2% | +15.7% | |
| Q2 2023 | -1.3% | +0.7% | -8.3% | |
| Q1 2023 | -0.7% | -4.1% | -11.0% | |
| Q4 2022 | -0.6% | -0.8% | +6.5% | |
| Q3 2022 | +0.9% | +0.9% | +4.5% | |
| Q2 2022 | +6.7% | +5.5% | +4.4% | |
| Q1 2022 | -1.8% | -3.4% | +0.4% | |
| Q4 2021 | +1.4% | +3.4% | -1.2% | |
| Q3 2021 | +1.7% | +3.8% | +4.6% | |
| Q2 2021 | -0.8% | +0.5% | +3.2% | |
| Q1 2021 | +0.2% | +4.3% | -1.5% | |
| Q4 2020 | -9.0% | -10.4% | -6.6% | |
| Q3 2020 | +2.2% | +2.0% | +27.5% | |
| Q2 2020 | -10.6% | -9.7% | -6.4% | |
| Q1 2020 | -0.5% | -4.1% | -2.0% | |
| Q4 2019 | +1.1% | -4.9% | -18.6% | |
| Q3 2019 | -1.0% | +0.4% | +2.7% | |
| Q2 2019 | -4.3% | -2.2% | -11.4% | |
| Q1 2019 | -2.8% | -0.4% | -0.2% | |
| Q4 2018 | -0.2% | +1.5% | -0.9% | |
| Q3 2018 | +2.6% | -0.6% | -12.0% | |
| Q2 2018 | +0.4% | -7.2% | -9.9% | |
| Q1 2018 | -2.5% | -4.3% | +1.0% | |
| Q4 2017 | +0.3% | +0.3% | +5.9% | |
| Q3 2017 | +3.9% | +5.6% | +17.4% | |
| Q2 2017 | +0.5% | +1.3% | +8.3% | |
| Q1 2017 | -1.7% | -1.7% | -0.8% | |
| Q4 2016 | +0.0% | +3.2% | +2.7% | |
| Q3 2016 | -1.5% | -1.5% | +0.4% | |
| Q2 2016 | +2.3% | +1.5% | +1.5% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | +5.9% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | +0.0% | — | — | |
| Q3 2013 | +7.8% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q1 2013 | -0.9% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2011 | +0.0% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2009 | +2.1% | — | — | |
| Q3 2010 | +15.2% | — | — | |
| Q3 2011 | +15.2% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q2 2010 | +0.0% | — | — | |
| Q2 2011 | +0.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro