Start here if you're new
what it is
Fifth District is a tiny New Orleans-area bank that takes deposits and makes home, construction, and small business loans.
how it gets paid
Last year Fifth District Bncrp made $619K in revenue. Deposit accounts was the main engine at $186K, or 30% of sales.
what just happened
The key takeaway is simple: latest quarterly EPS hit $0.69, a sharp contrast with the full-year $0.21 loss estimate.
At a glance
n/a balance sheet
20.5x trailing p/e — priced about right
-$0.21 fy2024 eps est
$6M fy2024 rev est
~$82M market cap
What they do
Fifth District is a tiny New Orleans-area bank that takes deposits and makes home, construction, and small business loans.
You do not switch banks for fun. Your checking account, mortgage, bill pay, and mobile login all live in one place, and moving them is a chore. That helps a 67-employee bank keep local relationships sticky across the New Orleans-Metairie market.
How they make money
$619K
annual revenue
Deposit accounts
$186K
Residential mortgage loans
$155K
Construction and home equity loans
$124K
Commercial business loans
$93K
Electronic banking and fees
$61K
The products that matter
gathers local deposits
Deposit Accounts
funding base for a $531M asset bank
Deposits are the raw material here. They fund the loan book, and that matters because net interest income produced $14.8M of the bank's $16.12M trailing revenue.
core funding
originates and holds loans
Loan Portfolio
drives the spread business
This is where the bank earns its keep. With return on assets at 0.70%, the loan book needs to do more work if the current 20.5x earnings multiple is going to look reasonable.
earnings engine
fees and other banking income
Non-interest Income
$1.3M · about 8% of revenue
At $1.3M, fee income is real but small. That's the quiet part: this is still overwhelmingly a spread bank, not a diversified financial platform.
small buffer
Key numbers
-$0.21
fy2024 eps est
$6M
fy2024 rev est
20.5x
trailing p/e
n/a
dividend yield
Financial health
n/a
strength
- balance sheet grade n/a
n/a — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for FDSB right now.
source: institutional data · return history unavailable
What just happened
returned to profit
The key takeaway is simple: latest quarterly EPS hit $0.69, a sharp contrast with the full-year $0.21 loss estimate.
That is the whole debate in one line. The latest quarter looked healthy, but the yearly picture still looks weak, which tells you results have been lumpy.
$—
revenue
$0.69
eps
gross margin
the number that mattered
EPS of $0.69 matters because it sits miles away from the full-year $0.21 loss forecast and forces you to ask which number is the real business.
source: company earnings report, 2026
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What could go wrong
the #1 risk is net interest margin pressure at a small Louisiana thrift.
high
Spread compression
Net interest income is $14.8M out of $16.12M in total revenue. That's about 92% of the business.
If loan yields soften or deposit costs rise, almost the whole income statement takes the hit.
high
Low return profile
Return on assets is 0.70% and return on equity is 2.86%.
Those are positive numbers, but they leave very little margin for disappointment when the stock trades at 20.5x trailing earnings.
med
Newly public execution risk
FDSB went public in July 2024, so you do not have a long public-market operating record to lean on.
Short histories make it harder to tell whether current profitability is durable or just an early chapter.
med
Leadership transition
Amie L. Lyons was appointed permanent president and CEO on February 9, 2026.
A new CEO at a small bank can sharpen execution — or expose how much of the story still needs building.
With $14.8M of $16.12M revenue tied to net interest income, the business is concentrated. Add a 0.70% ROA and 2.86% ROE, and you get a bank that needs cleaner execution than the valuation implies.
source: institutional data · regulatory filings · risk analysis
Pay attention to
earnings
march 25 report
The next earnings release is scheduled for March 25, 2026. You want to see whether returns improve, not just whether EPS stays positive.
profitability
return on assets
ROA is 0.70% right now. For a bank trading at 20.5x earnings, that number needs to move higher from here.
revenue mix
net interest concentration
About 92% of revenue comes from net interest income. If that mix stays this concentrated, margin pressure stays the main story.
management
new ceo execution
The permanent CEO appointment on February 9, 2026 gives investors a fresh operator to judge. The numbers need to get better quickly.
Analyst rankings
street coverage
thin
in human-speak: there is not much sell-side hand-holding here, so you are mostly reading the filings and management updates yourself.
source: institutional data
Institutional activity
institutional ownership data for FDSB is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$15
current price
n/a
target midpoint · n/a from current
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