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Fifth District Bancorp (NASDAQ:FDSB) Issues Earnings Results

Fifth District Bancorp logo with Finance background

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.
  • MarketBeat previews the top five stocks to own by October 1st.

Fifth District Bancorp (NASDAQ:FDSB - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.61 EPS for the quarter, Zacks reports. The firm had revenue of $6.87 million for the quarter. Fifth District Bancorp had a net margin of 10.10% and a return on equity of 2.01%.

Fifth District Bancorp Trading Down 0.1%

Shares of FDSB stock traded down $0.02 during trading on Friday, hitting $13.39. 939 shares of the stock traded hands, compared to its average volume of 9,164. The firm has a market capitalization of $74.45 million and a P/E ratio of 26.26. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 1.04. The firm's fifty day moving average price is $12.74 and its 200-day moving average price is $12.50. Fifth District Bancorp has a 52-week low of $10.03 and a 52-week high of $14.50.

About Fifth District Bancorp

(Get Free Report)

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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