FDSB earnings analysis
What we found in FDSB's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The provided filing text is limited to Part II disclosures and does not include the consolidated income statement, balance sheet, cash-flow statement, MD&A, or segment data; therefore, revenue, margins, EPS, cash flow, and balance-sheet trends cannot be assessed from the excerpt. The company repurchased 53,690 shares during the quarter and had 232,132 shares remaining under its authorization. Controls were deemed effective as of June 30, 2026, while no quantitative outlook or updated risk-factor discussion was provided.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Active Share Repurchases
- The company repurchased 53,690 shares during the quarter ended June 30, 2026, including 18,895 shares in June at an average price of $15.44.
- Meaningful Buyback Authorization Remaining
- The repurchase program had 232,132 shares remaining at June 30, 2026, versus the original authorization of up to 555,947 shares announced on August 25, 2025.
- Controls Remained Effective
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes during the quarter that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Buyback Execution Is Uncertain
- The company stated that there is no guarantee it will ultimately repurchase any of the remaining 232,132 authorized shares, and it may suspend or discontinue the program at any time based on market conditions and other factors.
- No Updated Risk-Factor Disclosure
- Item 1A states that risk factors are not applicable because the company is a smaller reporting company; consequently, this filing provides no numbered risk-factor update against which to assess changes from the prior filing.
What they said about what is next.
The provided 10-Q excerpt contains no quantitative revenue or EPS outlook. Prior guidance of $6.5 million-$7.0 million revenue and $0.09-$0.10 EPS was from the prior 8-K, not this filing.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 12, 2026
- Fifth District Bancorp reported a substantial increase in net income for Q1 2026, rising to $387,000, marking a 396.2% increase compared to $78,000 in Q1 2025. Revenue from interest and dividends grew by 8.5% to $5.7…
- 10-K · March 24, 2026
- Fifth District Bancorp reported significant financial improvements for the year ended December 31, 2025, with net income of $4.1 million, a substantial turnaround from a net loss of $1.1 million in 2024. Key strategies…
- 10-Q · November 10, 2025
- Fifth District Bancorp, Inc. reported a modest revenue increase in Q3 2025, growing to $3.573 million, although down from $6 million in the prior quarter. EPS showed improvement at $0.07 compared to a loss of $0.15 a…
- 10-Q · August 12, 2025
- Fifth District Bancorp, Inc. reported notable financial improvements in Q2 2025, with revenue growing sharply to $9 million, up 80% compared to Q1 2025. Gross margin improved significantly to 74.7%, contributing to an…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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