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…
Earnings analysis · 10-Q
FDSB earnings analysis
Filed August 10, 2026 · Our reading of the company's report
The latest report
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,…
Read full summary
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.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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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.
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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.
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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.
What to watch
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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.
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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.
Management's outlook
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.
Earlier filings 4
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 itself. Analysis can contain errors; check the source document for full context.