The combination of strong earnings growth, expanding net interest margin, and solid loan growth suggests improving fundamentals. Traders should monitor the next quarter for sustained margin expansion and any guidance updates on asset growth or credit costs.
Price Chart
Executive Summary
Fidelity Deposit & Discount Bank (FDBC) reported strong Q1 2026 earnings with net income of $7.5 million ($1.28 diluted EPS), up 25% YoY, driven by a 14% increase in net interest income and improved asset quality. The bank grew assets to $2.9 billion and raised tangible book value to $38.67 per share.
Key Financial Metrics
Key Facts
- Q1 2026 net income was $7.5 million, or $1.28 per diluted share, up from $6.0 million ($1.03) in Q1 2025
- Net interest income increased 14% YoY to $19.4 million, driven by higher interest-earning asset balances and improved yields
- Net interest margin (FTE) expanded 19 basis points to 3.08%
- Loans grew $111.9 million QoQ to $2.02 billion, with $160.6 million increase in average interest-earning assets
- Tangible book value per share rose to $38.67 from $37.88 in prior quarter
- Non-performing assets remained low at 0.09% of total assets
Financial Impact
$1.5 million increase in net income (25% YoY growth)
Risk Factors
- Increase in provision for credit losses ($875K vs $455K in prior year quarter) due to loan growth
- Slight increase in non-performing assets and past-due loans
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3278827 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Press Release | $62.97 | awaiting T+60 | — | $64.26 (+2.05%) |
Oct 21, 2026 6d ago | 8-K | $58.97 | awaiting T+60 | — | $64.26 (+8.97%) |
Jul 22, 2026 13w ago | 8-K | $51.35 $57.84 | ▲ +12.64% | ▲ +9.38% | $64.26 (+25.14%) |
Apr 22, 2026 26w ago | 8-K | $45.59 $52.47 | ▲ +15.09% | ▲ +10.31% | $64.26 (+40.95%) |
Apr 22, 2026 26w ago | Press Release | $45.59 $52.47 | ▲ +15.09% | ▲ +10.31% | $64.26 (+40.95%) |
US Market Status
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