Fidelity D&D Bancorp Q2 Earnings: Net Income Climbs 13%, Assets Reach $3B
FDBC sits 32% above its 52-week low of $39.
Summary
Fidelity D&D Bancorp posted Q2 2026 net income of $7.8 million, a 13% increase, fueled by an expanding net interest margin and solid loan growth. Total assets surpassed $3 billion, and credit quality stayed near perfect.
Key Events · Earnings and Guidance · FDBC
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Q2 Net Income Up 13%
Net income reached $7.8 million, or $1.33 per diluted share, compared to $6.9 million a year ago. The increase was driven by a $2.9 million rise in net interest income.
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Net Interest Margin Expands
Net interest margin (FTE) widened to 3.22% from 2.92% a year ago, as the cost of interest-bearing deposits fell 28 basis points while loan yields ticked up 5 basis points.
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Assets Cross $3 Billion
Total assets grew to $3.0 billion, up $223.1 million from year-end 2025, fueled by $174.9 million in net loan growth and a $59.6 million increase in cash.
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Pristine Credit Quality
Non-performing assets were just $1.8 million, or 0.06% of total assets. Net charge-offs were 0.01% of average loans, and the allowance for credit losses covered non-accrual loans 12.23 times.
Analysis · FDBC · Finance
A 16% surge in net interest income powered Fidelity D&D Bancorp to a robust second quarter, lifting net income 13% to $7.8 million. The net interest margin expanded to 3.22% as deposit costs declined faster than asset yields, and total assets crossed the $3 billion threshold for the first time. Credit quality remains virtually spotless, with non-performing assets at just 0.06% of total assets. These results underscore the bank's growth momentum and suggest the regional commercial lending franchise is gaining share while maintaining disciplined risk management.
At the time of this filing, FDBC was trading at $51.39 on NASDAQ in the Finance sector, with a market capitalization of approximately $298.3M. The 52-week trading range was $39.00 to $53.51. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.