Fidelity D & D Bancorp (FDBC) Q4 2025 earnings summary

Executive summary

• Achieved record net income of $28.2 million for 2025, up 36% year-over-year, with diluted EPS rising 35% to $4.86.

• Fourth quarter net income reached $7.9 million, a 36% increase from the prior year quarter, marking the strongest quarter in company history.

• Year-end assets totaled $2.7 billion, reflecting strong loan and deposit growth.

Financial highlights

• Net interest income for 2025 was $72.7 million, up $10.8 million from 2024, driven by higher loan balances and improved yields.

• Non-interest income rose 8% to $20.6 million, with gains in wealth management, interchange fees, and commercial loan service charges.

• Non-interest expenses increased 6% to $58.8 million, mainly due to higher salaries, benefits, and technology costs.

• Provision for credit losses on loans decreased to $1.1 million, reflecting improved asset quality.

• Total assets grew by $163.4 million, with loans and leases up $110.4 million and cash equivalents up $64.7 million.

Outlook and guidance

• Management highlighted continued execution of strategic initiatives and disciplined balance sheet management, positioning for a strong 2026.