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FDSB

Fifth District Savings Bank

FDSB

Fifth District Savings Bank • NASDAQ
$13.65 ▼ -0.51% (-0.07)
Market Cap $75.39 M
52w High $15.64
52w Low $11.35
Dividend Yield 0%
P/E 18.96
Volume 3.83K
Outstanding Shares 5.52M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $5.921M ▼ $3.139M ▼ $343K ▼ 5.793% ▼ $0.067 ▼ $602K ▼
Q2-2025 $9.199M ▲ $3.832M ▲ $3.126M ▲ 33.982% ▲ $0.61 ▲ $3.202M ▲
Q1-2025 $5.471M ▲ $3.1M ▲ $78K ▼ 1.426% ▼ $0.02 ▼ $269K ▼
Q4-2024 $5.384M ▼ $2.961M ▼ $159K ▲ 2.953% ▲ $0.031 ▲ $301K ▲
Q3-2024 $5.445M $4.243M $-788K -14.472% $-0.15 $-828K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $34.38M ▼ $539.5M ▼ $408.202M ▼ $131.298M ▲
Q2-2025 $106.142M ▼ $539.807M ▲ $408.909M ▲ $130.898M ▲
Q1-2025 $126.331M ▲ $531.069M ▲ $403.808M ▲ $127.261M ▲
Q4-2024 $37.916M ▼ $527.307M ▲ $401.532M ▲ $125.775M ▼
Q3-2024 $127.89M $523.821M $395.932M $127.889M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $343K ▼ $117K ▼ $7.644M ▲ $-1.075M ▼ $6.686M ▲ $54K ▼
Q2-2025 $3.126M ▲ $430K ▼ $-7.087M ▲ $4.248M ▲ $-2.409M ▲ $488K ▼
Q1-2025 $78K ▼ $823K ▲ $-10.531M ▼ $1.895M ▼ $-7.813M ▼ $765K ▲
Q4-2024 $159K ▲ $-633K ▼ $-1.837M ▲ $6.298M ▼ $3.828M ▲ $-659K ▼
Q3-2024 $-788K $734K $-19.324M $6.463M $-12.127M $710K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
ATM and Check Card Fees
ATM and Check Card Fees
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement FDSB’s income statement shows a small, fairly steady revenue base over the last few years, but earnings have been inconsistent. Profitability moved from clearly positive, to modest, to a small loss most recently. That pattern suggests a bank that is covering its basic operations but is sensitive to changes in costs, credit quality, or interest margins. At this size, even modest shifts in loan performance or funding costs can swing earnings noticeably from year to year.

Balance Sheet

Balance Sheet The balance sheet looks conservative for a small community bank. Assets have grown gradually, with cash levels improving and no reported debt at the holding-company level. Equity has increased, which is a healthy sign of retained capital and is further supported by the recent conversion to a stock-owned structure. Overall, FDSB appears to prioritize stability and capital strength over aggressive balance sheet expansion, though its scale remains modest and concentrated in one region.

Cash Flow

Cash Flow Reported cash flow data are limited and do not give a detailed picture. As a bank, FDSB’s economic reality is better understood through its balance sheet and loan book than through traditional cash flow metrics used for industrial companies. The key takeaway is that there is no visible sign of large capital drains or heavy investment spending; instead, funding and uses of cash are likely driven by loan growth, deposit flows, and securities activity, which are not fully captured in the summarized figures provided.

Competitive Edge

Competitive Edge FDSB’s edge comes from its deep roots in the New Orleans area, long-standing relationships, and focus on local real estate lending. Its community-bank model, local decision-making, and involvement in affordable housing and other local initiatives support a loyal customer base and strong brand recognition in its parishes. On the other hand, it competes against much larger banks, credit unions, and fintech players with greater scale and marketing budgets. Its strength is depth in a narrow geography, not breadth across markets, which makes it both well-anchored locally and exposed to the health of its specific region.

Innovation and R&D

Innovation and R&D The bank is not a technology pioneer, but it has put in place the core digital tools customers now expect: online and mobile banking, mobile check deposit, peer payments, and integrations with platforms like Plaid. Its use of a modern core processing system should help efficiency and service consistency. Innovation at FDSB is more about steadily upgrading essential tech to support its relationship-driven model rather than rolling out cutting-edge or proprietary products. The recent IPO gives it room to invest further in digital enhancements and analytics if management chooses to push harder on technology.

Summary

FDSB is a long-established, relationship-focused community bank that has recently entered the public markets. Financially, it shows a small but stable revenue base, conservative balance sheet, and uneven but generally modest profitability, typical for a niche regional institution. Its main strengths are local knowledge, real estate lending expertise, and strong ties to the New Orleans area, supported by adequate, if not leading-edge, digital banking capabilities. Main risks stem from its small size, geographic concentration, and sensitivity to local economic and housing conditions, as well as the need to keep pace with ongoing digital expectations in banking. Overall, it is positioned as a steady, community-centric bank aiming to blend tradition with foundational modern technology rather than to transform the industry.