Fifth District Bancorp (NASDAQ:FDSB) Announces Quarterly Earnings Results

Key Points

• Fifth District Bancorp reported quarterly earnings of $0.61 per share, with a net margin of 0.62% and a return on equity of 0.12%.
• The company's stock price declined slightly to $13.06, with trading volume at 7,774 shares, which is below its average of 8,257 shares.
• Fifth District Bancorp has a debt-to-equity ratio of 0.03, indicating low leverage and a strong financial position.

Fifth District Bancorp (NASDAQ:FDSB - ) posted its quarterly earnings data on Tuesday. The company reported $0.61 earnings per share for the quarter, Zacks reports. Fifth District Bancorp had a net margin of 0.62% and a return on equity of 0.12%.

Fifth District Bancorp Price Performance

NASDAQ:FDSB traded down $0.04 during mid-day trading on Tuesday, hitting $13.06. 7,774 shares of the company's stock were exchanged, compared to its average volume of 8,257. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.03. Fifth District Bancorp has a one year low of $10.03 and a one year high of $14.50. The business has a fifty day moving average price of $12.68 and a 200 day moving average price of $12.49.

About Fifth District Bancorp

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.

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