“Fidelity D & D Bancorp buys back 165,000 of its own shares!”

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FDBC Intrinsic Value – Fidelity D & D ($NASDAQ:FDBC) Bancorp, Inc. a bank holding company, announced today that it has purchased 165,000 of its outstanding shares at a price of GBP1.42 per share. The shares were bought back in the open market and will be held as treasury shares. This move is part of the company’s ongoing efforts to improve shareholder value by reducing the number of outstanding shares.

Fidelity D & D Bancorp believes that this buyback will increase earnings per share and return on equity. The company has a strong balance sheet and is well-positioned to continue executing its buyback program. this buyback is a positive development for shareholders.

Share Price

Fidelity D & D Bancorp recently announced that it bought back 165,000 of its own shares! So far, the media has reacted positively to the news. On Thursday, Fidelity D & D Bancorp’s stock opened at $47.60 and closed at $46.50, down 3.2% from the prior closing price of $48.00. Despite the slight dip in stock price, investors seem to be optimistic about the company’s future prospects.

VI Analysis – FDBC Intrinsic Value Calculator

The Company’s primary subsidiary is Fidelity Bank . The Bank is a chartered bank regulated by the Office of the Comptroller of the Currency . The Bank provides a range of banking services to individual and corporate customers through its full-service banking offices located in Lackawanna, Erie, Luzerne and Wyoming Counties, Pennsylvania.

The Bank offers a variety of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts. The Bank also offers a range of loan products, such as commercial loans, consumer loans, mortgage loans and home equity lines of credit.

VI Peers

Fidelity D & D Bancorp Inc is a bank holding company. The Company’s principal business is to serve as a holding company for its subsidiaries that engage in the business of banking. The Company operates through its subsidiary, Fidelity Bank (the Bank). The Bank is engaged in the business of commercial banking and providing a range of banking services to individuals, businesses and industries. The Company’s primary competitors are United Community Banks Inc, HV Bancorp Inc and Wilson Bank Holding Co.

– United Community Banks Inc ($NASDAQ:UCBI)

United Community Banks Inc. is a bank holding company headquartered in Blairsville, Georgia, with $12.9 billion in assets as of December 31, 2020. The Company operates through its subsidiary banks, United Community Bank, N.A., with branches located throughout the southeastern United States. The Company offers a full range of banking services including personal banking, small business banking, corporate banking, investment banking, mortgage banking, and insurance.

– HV Bancorp Inc ($NASDAQ:HVBC)

HV Bancorp Inc is a holding company for Heritage Valley Federal Credit Union. The Credit Union provides a full range of financial services to members in Beaver, Allegheny, and Lawrence Counties in Pennsylvania through its eleven branch locations. HV Bancorp Inc has a market cap of 57.26M as of 2022.

– Wilson Bank Holding Co ($OTCPK:WBHC)

As of 2022, Wilson Bank Holding Co has a market cap of 401.05M. The company operates through its subsidiaries, Wilson Bank and Trust, Lebanon, Tennessee and Volunteer State Bank, Gallatin, Tennessee. Wilson Bank and Trust provides a range of banking services to individual and corporate customers in Wilson, Davidson, Rutherford, Smith, and Trousdale counties of Tennessee. Volunteer State Bank provides banking services in Sumner and surrounding counties in Tennessee.

Summary

Fidelity D & D Bancorp is a regional bank headquartered in Pennsylvania. The bank has operations in Pennsylvania, New Jersey, and Delaware. The bank focuses on providing personal and business banking services to its customers. The bank offers a variety of personal banking services, including checking and savings accounts, personal loans, and credit cards. The bank also offers a variety of business banking services, including business loans, commercial mortgages, and lines of credit.

Investors may want to consider investing in Fidelity D & D Bancorp because of its strong focus on personal and business banking services. The bank has a long history of providing quality services to its customers. The bank is also a publicly traded company, which provides investors with liquidity.