NASDAQ$FDBC

Fidelity D & D Bancorp Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Fidelity D & D Bancorp reported a decline in net income due to an increase in income tax provision, higher non-interest expenses, and a decrease in non-interest income, which was partially offset by an improvement in net interest income.

Fidelity D & D Bancorp, Inc. reported net income of $7.1 million, or $1.26 diluted earnings per share, for the quarter ended December 31, 2022, compared to $7.8 million, or $1.37 diluted earnings per share, for the quarter ended December 31, 2021. The decrease in net income was primarily driven by an increase in the provision for income taxes and higher non-interest expenses, partially offset by an improvement in net interest income.

  • Net income decreased by 8% compared to the same quarter last year.
  • Net interest income increased by 3% year-over-year.
  • Non-interest income decreased by 6% compared to the fourth quarter of 2021.
  • Non-interest expenses increased by 2% compared to the same period last year.

Headline financials

Total Revenue

$22.2M

Previous: $22.1M+0.8%
EPS (adj)

$1.26

Previous: $1.35-6.7%
Net Interest Margin

3.3%

Previous: 3.2%+0.9%
Efficiency Ratio

58.1%

Previous: 55.5%+4.6%
Non-performing Assets/Assets

0.2%

Previous: 0.3%-37.0%
Capital Expenditures

$900K

Previous: $717K+25.5%
Free Cash Flow

$8.25M

Previous: -$7.42M+211.2%
Net Income

$7.1M

Previous: $7.79M-8.8%
Operating Income

$9.3M

Previous: $9M+3.3%
Cash & Equivalents

$29.1M

Previous: $96.9M-70.0%
Total Assets

$2.38B

Previous: $2.42B-1.7%
Stock-Based Comp

$294K

Previous: $246K+19.5%

Revenue & EPS history

Fidelity D & D Bancorp · Revenue · Quarterly

$22.2M

Q4 2022+0.8%vs Q4 2021

Forward guidance

As we enter 2023, we are well positioned to continue to create shareholder value.

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 Q4 2022

Historical avgQ4 2022

+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

Earnings price reactions
QuarterReport dateReaction (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