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Fidelity D & D Bancorp (Fidelity D & D Bancorp) Net Interest Margin (Bank Only) % : 2.71% (As of Mar. 2024)


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What is Fidelity D & D Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Fidelity D & D Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $59.77 Mil. Fidelity D & D Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $2,207.59 Mil. Therefore, Fidelity D & D Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 2.71%.


Fidelity D & D Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Fidelity D & D Bancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fidelity D & D Bancorp Net Interest Margin (Bank Only) % Chart

Fidelity D & D Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 3.64 3.36 3.34 2.84

Fidelity D & D Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.12 2.83 2.68 2.72 2.71

Competitive Comparison of Fidelity D & D Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Fidelity D & D Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fidelity D & D Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fidelity D & D Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Fidelity D & D Bancorp's Net Interest Margin (Bank Only) % falls into.



Fidelity D & D Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Fidelity D & D Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=62.047/( (2164.313 + 2206.326)/ 2 )
=62.047/2185.3195
=2.84 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=5.268 + 1515.439 + 643.606
=2164.313

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.905 + 1634.148 + 568.273
=2206.326

Fidelity D & D Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=59.772/( (2206.326 + 2208.844)/ 2 )
=59.772/2207.585
=2.71 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.905 + 1634.148 + 568.273
=2206.326

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=3.959 + 1645.869 + 559.016
=2208.844

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Fidelity D & D Bancorp  (NAS:FDBC) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Fidelity D & D Bancorp Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Fidelity D & D Bancorp's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fidelity D & D Bancorp (Fidelity D & D Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Blakely and Drinker Streets, Dunmore, PA, USA, 18512
Fidelity D & D Bancorp Inc is a bank holding company. Through its wholly-owned state-chartered commercial bank subsidiary, The Fidelity Deposit and Discount Bank (the Bank), it offers a full range of traditional banking services. The Bank has a personal and corporate trust department and also provides alternative financial and insurance products with asset management services. Its primary market areas are Lackawanna, Luzerne and Northampton Counties, Pennsylvania. The company's primary deposit products are demand deposits and interest-bearing time, money market and savings accounts. It offers a full array of loan products to meet the needs of retail and commercial customers.
Executives
Brian J Cali director 1241 DECEMBER DRIVE, DUNMORE PA 18512
Helenbeth Garofalo Vilcek director P.O. BOX 179, BANGOR PA 18013
Ruth G. Turkington officer: Chief Consumer Banking Officer 98 GORDON ROAD, ESSEX FELLS NJ 07021
Theresa M Hinton officer: General Counsel 513 WEDGE DRIVE, DICKSON CITY PA 18519
Joyce William J. Sr. director 414 SOUTH STREET, AVOCA PA 18641
Kristin D O'donnell director 31 SUNSET DRIVE, JEFFERSON TOWNSHIP PA 18436
Paul C. Woelkers director 916 OLD LOGGER ROAD, MOSCOW PA 18444
Alan Silverman director 100 FAIRINGTON LANE, WAVERLY PA 18471
Pacyna Michael J Jr officer: Executive VP & CLO 202 WHITETAIL LN, CLARKS SUMMIT PA 18411
Defrancesco Salvatore R Jr officer: Treasurer & CFO 117 ILAINA DR, MOOSIC PA 18507
Eugene J Walsh officer: Executive Vice President 6 CARTEL LANE, SPRINGBROOK TOWNSHIP PA 18444
Daniel J Santaniello officer: EVP/Chief Operating Officer 307 RELDA ROAD, ROARING BROOK TWP PA 18444
Richard M. Hotchkiss director 575 SOUTH 4TH STREET, BANGOR PA 18013-2547
Michael J Mcdonald director 2016 GREEN RIDGE ST., DUNMORE PA 18512
Timothy P O'brien officer: EVP/Chief Commercial Bk Off 1013 SUMMERFIELD DRIVE, DALTON PA 18414

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