Fidelity D & D Bancorp reports Q3 EPS $1.27 vs 86c 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.”