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Mar 31, 2021
Fidelity D & D Bancorp Q1 2021 Earnings Report
Announced second quarter 2021 dividend and reported first quarter 2021 financial results.
Key Takeaways
Fidelity D & D Bancorp, Inc. reported a net income of $5.7 million, or $1.13 diluted earnings per share, for the quarter ended March 31, 2021, compared to $2.6 million, or $0.69 diluted earnings per share, for the quarter ended March 31, 2020.
Net income for the quarter ended March 31, 2021 was $5.7 million, or $1.13 diluted earnings per share.
First quarter diluted earnings per share increased by $0.44 per share, or 64%, due to the higher net income.
Net interest income was $13.4 million for the first quarter of 2021, a 68% increase over the $8.0 million earned for the first quarter of 2020.
Total non-interest income increased $2.8 million, or 100%, to $5.5 million for the first quarter of 2021 compared to $2.7 million for the first quarter of 2020.
Forward Guidance
The first quarter financial results continue to be strong, setting the stage for a successful 2021 as we prepare for the successful integration of Landmark Bank during the third quarter of 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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