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Fifth District Bancorp, Inc. (FDSB) stock

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NASDAQ: FDSB Nasdaq Regional Banks

Fifth District Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$20

Valuation models combined (2)

Base case. Range ~$20–$21. Weighted average of 2 models (price-to-book vs return on equity (peers), price-to-book vs peers).

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Fifth District Bancorp, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 10 sales by directors and officers, last 12 monthsInsider trades
  • Funds11 adding, 10 cuttingOf 4 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Fifth District Bancorp files

Where Fifth District Bancorp stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $15m, down 8.3% on a year earlier, against growth of 47.6% a quarter earlier. That puts it 224 of 231 for growth among the regional banks companies we cover.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Fifth District Bancorp, Inc.'s trailing-twelve-month revenue fell 8.3% year on year, with a free-cash-flow margin of 8.4%. Where it lags: change in growth rate of -55.9pp ranks 244 of 244 regional banks companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -8.3% (-55.9pp vs the prior quarter), the 4th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Revenue shrinking. Revenue fell 8.3% over the last 12 months.
  • Growth slowing. The growth rate is 55.9 points lower than a quarter earlier.
  • High earnings multiple. The shares trade at 53 times the last 12 months' earnings, so expectations are demanding.
  • Weak cash conversion. Free cash flow was 76% of net income over the last 12 months.
  • Below peers: net margin. Net margin of 11.1% ranks 227 of 245 regional banks companies we cover (median 28.7%).

Latest results: FY2026 Q2

Filed August 10, 2026
Revenue
$4m, down 42.4% on a year earlier

Fifth District Bancorp's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day0.0%
  • 1 week+0.6%
  • 1 month+1.0%
  • This year+17.2%
  • 1 year+31.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$14.9M
Net margin
11.1%
EPS (TTM, diluted)
$0.33

Growth

Revenue growth
−8.3%
Change in growth rate
−55.9 pts

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for FDSB from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Fifth District Bancorp, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Fifth District Bancorp, Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 7.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.64 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.8 ~$3.0–$11 Left out: far from the other models (more than 3x away from their median)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity below long-run growth
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$21 ~$7.5–$34 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$20 ~$26–$38 Included
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$3.0 ~$3.5–$4.7 Left out: out of range vs price (0.17x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: pays no regular dividend
Combined value Weighted average of the models that apply: the primary model (residual income) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$20 ~$20–$21 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Fifth District Bancorp, Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Fifth District Bancorp, Inc.: too few analysts cover it.

Positioning

Short interest
0.2%
of tradable shares
Days to cover
0.98
at average volume
Short interest, 1 month
+25%
to October 15, 2026
Held by institutions
34%
of shares
Held by insiders
8.8%
of shares
Employees
66
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 20252026 to date
Return
FDSB+19%+17%
Industry peers (median)+10%+24%
S&P 500+18%+11%
Months that ended higher
FDSB50%55%
S&P 50075%46%
Largest fall from a high during the year
FDSB−12%−10%
S&P 500−19%−9%

Worst fall since August 1, 2024: 12% from January 30, 2025 to April 8, 2025. Getting back needed a 13% gain, reached on July 14, 2025, 97 days after the low.

Price behaviour

52-week range
$13.05 – $18.69
From 52-week high
−6.0%
vs 50-day average
−1.2%
vs 200-day average
+8.2%
Volatility (1 year)
13%
Beta vs S&P 500
0.09

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Revenue (TTM) Fifth District Bancorp, Inc.
$5M $10M $15M $20M FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 Revenue (TTM), FY23 Q4: $11M Revenue (TTM), FY24 Q1: $9.1M Revenue (TTM), FY24 Q2: $8.9M Revenue (TTM), FY24 Q3: $9.4M Revenue (TTM), FY24 Q4: $10.1M Revenue (TTM), FY25 Q1: $12.1M Revenue (TTM), FY25 Q2: $16.3M Revenue (TTM), FY25 Q3: $16.7M Revenue (TTM), FY25 Q4: $17.3M Revenue (TTM), FY26 Q1: $17.9M Revenue (TTM), FY26 Q2: $14.9M $14.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $11M
FY24 Q1 $9.1M
FY24 Q2 $8.9M
FY24 Q3 $9.4M
FY24 Q4 $10.1M
FY25 Q1 $12.1M
FY25 Q2 $16.3M
FY25 Q3 $16.7M
FY25 Q4 $17.3M
FY26 Q1 $17.9M
FY26 Q2 $14.9M
Revenue growth, TTM YoY Fifth District Bancorp, Inc.
-50% 0% 50% 100% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 Revenue growth, TTM YoY, FY24 Q4: -8.8% Revenue growth, TTM YoY, FY25 Q1: 32.8% Revenue growth, TTM YoY, FY25 Q2: 82.7% Revenue growth, TTM YoY, FY25 Q3: 77.1% Revenue growth, TTM YoY, FY25 Q4: 71.9% Revenue growth, TTM YoY, FY26 Q1: 47.6% Revenue growth, TTM YoY, FY26 Q2: -8.3% -8.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q4 -8.8%
FY25 Q1 32.8%
FY25 Q2 82.7%
FY25 Q3 77.1%
FY25 Q4 71.9%
FY26 Q1 47.6%
FY26 Q2 -8.3%
FCF margin (TTM) Fifth District Bancorp, Inc.
-40% -30% -20% -10% 0% 10% FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FCF margin (TTM), FY23 Q4: -10.1% FCF margin (TTM), FY24 Q1: -24.3% FCF margin (TTM), FY24 Q2: -30.8% FCF margin (TTM), FY24 Q3: -22.7% FCF margin (TTM), FY24 Q4: -15.6% FCF margin (TTM), FY25 Q1: 2.6% FCF margin (TTM), FY25 Q2: 6.5% FCF margin (TTM), FY25 Q3: 2.4% FCF margin (TTM), FY25 Q4: 5.5% FCF margin (TTM), FY26 Q1: 5.1% FCF margin (TTM), FY26 Q2: 8.4% 8.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -10.1%
FY24 Q1 -24.3%
FY24 Q2 -30.8%
FY24 Q3 -22.7%
FY24 Q4 -15.6%
FY25 Q1 2.6%
FY25 Q2 6.5%
FY25 Q3 2.4%
FY25 Q4 5.5%
FY26 Q1 5.1%
FY26 Q2 8.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

What Fifth District Bancorp earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.

  1. Interest income $22.1M
  2. Fee and other income $4.4M · 25.6%
  3. Interest paid $9.2M
  4. Net interest income $12.8M · 74.4%
  5. Revenue $17.3M
  6. Non-interest expense $13.1M · 75.7%
  7. Pre-tax profit $4.2M · 24.2%
  8. Income tax $97,000 · 0.6%
  9. Net income $4.1M · 23.7%

Shares of revenue. Source: Fifth District Bancorp's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 11 10 17 15
Net income 1 −1 4 2
Diluted EPS — −$0.21 $0.80 $0.33
Growth (year on year)
Revenue — −8.7% +71.6% −8.3%
Net income — −235.3% — −35.7%
Margins
Net margin 7.2% −10.7% 23.7% 11.1%
Free-cash-flow margin −10.1% −15.5% 5.5% 8.4%
Cash flow
Cash from operations 1 −1 1 2
Capital spending 2 1 0 1
Free cash flow −1 −2 1 1
Stock-based pay — — 0 —
Free cash flow after stock pay — — 1 —
Balance sheet
Cash 19 38 34 19
Total debt 0 0 0 0
Net debt (negative = net cash) −19 −38 −34 −19
Diluted shares — 5m 5m 5m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Competitors: side by side with peers

Closest by revenue in regional banks
Last 12 months unless stated FDSB TCBS BSBK CLST HFBL MBBC Median
Revenue, last 12 months $15m $17m $18m $11m $24m $9m $255m
Revenue growth, last 12 months −8.3% 14.3% 24.8% −1.8% 18.3% 33.0% 12.5%
Revenue growth, 3-year average — 16.3% −6.7% 8.5% 1.1% 4.1% 6.0%
Revenue growth, latest quarter −42.4% 17.5% 11.8% 5.0% 15.1% 21.7% 10.7%
Net margin 11.1% 19.1% 14.4% 18.0% 25.2% 19.8% 28.7%
Cash from operations / revenue 13.2% 28.0% 24.2% 29.5% 31.2% 27.1% 34.3%
Free-cash-flow margin 8.4% 13.3% 22.7% 28.7% 26.6% 22.4% 31.4%
Free-cash-flow margin, 3-year average −5.3% −0.8% 3.2% 37.3% 18.2% 4.3% 29.9%
Stock pay / revenue — 2.9% 5.0% 7.5% 0.8% 1.8% 1.2%
Change in share count — −6.8% −1.7% −3.3% −0.5% −1.3% 0.4%

Median of all 245 companies we cover in regional banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

245 regional banks companies
Measure Company Peer median Rank
Revenue growth Growth -8.3% 12.5% 237 of 245
Change in growth rate Growth -55.9pp +0.0pp 244 of 244
Net margin Profitability 11.1% 28.7% 227 of 245

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Atm and Check Card Fees $393,000 65.0% ▼ 2.2%
Deposit Service and Account Maintenance and Insufficient Funds Fees $212,000 35.0% ▼ 2.3%
Insufficient Funds Fees $161,000 75.9% ▼ 1.8%
Deposit Service and Account Maintenance Fees $51,000 24.1% ▼ 3.8%

From Fifth District Bancorp, Inc.'s 10-K filed March 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$20.5M
Institutions reporting
24
Shares held vs prior quarter
▼ 1.6%
Positions opened / closed
6 / 4

Top buyers and sellers, Q2 2026: 11 institutions bought and 10 sold ; the biggest buyer was Waverly Advisors, LLC (+53K shares) and the biggest seller Raymond James Financial Inc (−132K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Alliancebernstein L.P. $5.3M 356K 25.8% ▲ 14.2%
Vanguard Capital Management LLC $3.7M 226K 18.0% ▼ 3.0%
Mangrove Partners Im, LLC $2.3M 142K 11.2% 0.0%
Stilwell Value LLC $1.3M 80K 6.3% 0.0%
Renaissance Technologies LLC $1M 63K 5.0% ▼ 2.1%
Daytona Street Capital LLC $868,750 50K 4.2% New
Waverly Advisors, LLC $855,986 53K 4.2% New
Morgan Stanley $813,155 50K 4.0% ▲ 0.2%
Geode Capital Management, LLC $792,552 49K 3.9% ▼ 2.7%
Arcus Capital Partners, LLC $597,329 37K 2.9% ▲ 0.8%
Blackrock, Inc. $518,954 32K 2.5% ▲ 14.4%
Vanguard Fiduciary Trust Co $453,515 28K 2.2% ▲ 0.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Fifth District Bancorp, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $204,325 10 trades by 2 insiders · 0% under pre-set plans
Net ▼ $204,325 net selling
Insider Date Trade Shares Price Value
Rittiner Chris M. Director August 25, 2026 Sell 8,400 $18.19 $152,796
Rittiner Chris M. Director August 24, 2026 Sell 100 $18.22 $1,822
Rittiner Chris M. Director August 24, 2026 Sell 100 $18.21 $1,821
Rittiner Chris M. Director August 24, 2026 Sell 54 $18.35 $991
Rittiner Chris M. Director August 24, 2026 Sell 100 $18.33 $1,833
Rittiner Chris M. Director August 24, 2026 Sell 246 $18.34 $4,512
Sins Linda A. Director May 21, 2026 Sell 8 $15.03 $120
Sins Linda A. Director May 20, 2026 Sell 300 $15.09 $4,527
Sins Linda A. Director May 20, 2026 Sell 1,171 $15.02 $17,588
Sins Linda A. Director May 20, 2026 Sell 1,221 $15.00 $18,315

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Fifth District Bancorp, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Fifth District Bancorp, Inc. in brief

What does Fifth District Bancorp, Inc. do?
Fifth District Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.
What is Fifth District Bancorp, Inc.'s stock ticker?
Fifth District Bancorp, Inc. trades under the ticker FDSB on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Fifth District Bancorp, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Fifth District Bancorp, Inc. reported revenue of $14.9M, 8.3% lower than a year earlier, according to its SEC filings.
What is Fifth District Bancorp, Inc.'s free cash flow?
Fifth District Bancorp, Inc.'s free-cash-flow margin is 8.4% of revenue over the trailing twelve months.
Who are Fifth District Bancorp, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Alliancebernstein L.P., Vanguard Capital Management LLC and Mangrove Partners Im, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Fifth District Bancorp, Inc.'s market cap?
On November 2, 2026, Fifth District Bancorp, Inc.'s market capitalisation was about $87.8M, with a price-to-earnings ratio of 53.1 and net debt of -$19.2M. Market figures come from third-party market data and may be delayed.
Who are Fifth District Bancorp, Inc.'s competitors?
In our Regional Banks peer group, the companies closest to Fifth District Bancorp, Inc. are Texas Community Bancshares, Inc., Bogota Financial Corp., Catalyst Bancorp, Inc., Home Federal Bancorp, Inc. Of Louisiana and Marathon Bancorp, Inc. The side-by-side comparison below sets their revenue, margins and growth against Fifth District Bancorp, Inc.'s.
Are insiders buying or selling Fifth District Bancorp, Inc. stock?
Over the last 12 months, Fifth District Bancorp, Inc.'s directors and officers reported 0 open-market purchases and 10 sales on Form 4. The insider trading page charts every trade.