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January 29, 2025
DUNMORE, Pa., Jan. 29, 2025 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank (“the Company”), announced its unaudited, consolidated financial results for the three- and twelve-month periods ended December 31, 2024. Unaudited Financial Information Net income recorded for the year ended December 31, […]
January 24, 2025
DUNMORE, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2025 first quarter dividend of $0.40 per share, a 5% increase above the prior year’s first quarter dividend paid […]
January 2, 2025
Scranton, PA – Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Patrick Iannetta has joined Fidelity Bank as Vice President, Retirement Plan Advisor. With 22 years of retirement industry experience, Iannetta has served as Retirement Plan Advisor in his previous role. Leveraging regulatory knowledge, he designed innovative […]
April 24, 2024
Fidelity Bank – Wealth Management, March 2024, William J. Fennie III, CFA Resilient economic data buoyed investors’ spirits during the first quarter of 2024. Confirmation of greater than expected 4Q 2023 GDP, a surprise expansion reading of ISM Manufacturing PMI (50.3) and macroeconomic data elsewhere around the world further supported the prospect of a resilient […]
February 15, 2024
Fidelity Bank – Wealth Management, January 2024, William J. Fennie III, CFA Global markets were a mixed bag to start the new year. After a rally in almost every asset class to end 2023, January saw US stocks rise 1.68%, while US Investment Grade Bonds fell 0.28%. Strength of the economy, inflation, disinflation, and the […]
January 12, 2024
Fidelity Bank – Wealth ManagementJanuary 2023William J. Fennie III, CFA Bond and Equity markets continued to rally in December as the Bloomberg US Aggregate Bond Index rose 3.83% and the S&P 500 rallied 4.54%. This positive momentum helped the indexes finish up 5.53% and 26.29% for the year, respectively. Cooling inflation driven by less robust […]