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Fidelity Bank Reports Q1 Tangible Book Value of $38.67
Reports Q1 tangible book value per share $38.67. Reports Q1 CET1 capital ratio 13.33%. "We are pleased to report strong first quarter results for 2026," said Daniel Santaniello, president and CEO. "Fidelity Bank reached quarter-end assets of $2.9 billion, delivering a 25% year-over-year increase in net income to $7.5 million and a 24% increase in diluted earnings per share. These results reflect solid asset growth, consistent operational execution, and continued strength across our core businesses. I am grateful to our bankers whose expertise, collaboration, and commitment continue to drive our performance and support our shared success as we carry this momentum forward."
Fidelity Bank Appoints Peter Gray as EVP and Chief Lending Officer
Daniel Santaniello, President and CEO of Fidelity Bank, announces that Peter Gray has joined Fidelity Bank as Executive Vice President, EVP, Chief Lending Officer and Market President for the Lehigh Valley. Gray most recently served as Senior Executive Vice President and Chief Operating Officer at another area financial institution.
Bank Reports Record Q4 Net Income of $28.2 Million
"We are pleased to report record fourth quarter results, representing the strongest financial quarter in our history," said Daniel Santaniello, President and Chief Executive Officer. "The Bank hit year end assets of $2.7 billion, delivering a 36% year over year increase in net income of $28.2 million and a 35% increase in diluted earnings per share. The full year results reflect the execution of our strategic initiatives, disciplined balance sheet management, and continued improvement in our net interest margin. I am grateful to our bankers for their dedication and focus on serving our clients and our communities well, positioning us for a strong 2026."
Fidelity D & D Bancorp announces Q3 earnings per share of $1.27, up from 86 cents last year.
"We are pleased to report very strong results for the third quarter, paced by the effectiveness of our long-term targeted relationship strategy that has generated a 48% year over year net income growth to $7.3 million, driven by a $3.0 million increase in net interest income, resulting in $1.27 per diluted share," stated Daniel J. Santaniello, President and Chief Executive Officer. "Year-to-date net income reached $20.3 million, supported by disciplined loan portfolio expansion, strong deposit growth, and enhanced yields across interest-earning assets. These results reflect the strength of our business model and the momentum across the organization to achieve our targets for 2025."
Fidelity D & D Bancorp reports Q2 EPS $1.20 vs 86c last year
The Company's total assets had a balance of $2.7 billion as of June 30, 2025, an increase of $114.0 million from December 31, 2024. The increase resulted from $82.1 million in growth in cash and cash equivalents as of June 30, 2025 compared to December 31, 2024. "I am pleased to share that we delivered another strong quarter, underscoring the continued momentum of our strategy and the dedication of our entire team," stated Daniel J. Santaniello, President and Chief Executive Officer. "Second quarter 2025 net income increased 40% over last year's second quarter to $6.9 million, with diluted earnings per share rising to $1.20. This performance was driven by a 19% increase in net interest income-reflecting our disciplined loan portfolio expansion and enhanced yields as well as a 16% rise in non-interest income."
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