DNB Financial Corp (DNBF) Issues Quarterly Earnings Results, Misses Expectations By $0.16 EPS

DNB Financial Corp (NASDAQ:DNBF) released its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 EPS for the quarter, missing the consensus estimate of $0.58 by $0.16, MarketWatch Earnings reports. DNB Financial Corp had a net margin of 16.38% and a return on equity of 8.34%. The company had revenue of $10.58 million for the quarter, compared to the consensus estimate of $10.40 million.

Shares of DNB Financial Corp (NASDAQ:DNBF) traded up 1.92% during mid-day trading on Friday, hitting $31.80. 791 shares of the stock traded hands. The company has a market cap of $135.37 million, a P/E ratio of 17.76 and a beta of 0.37. DNB Financial Corp has a 12 month low of $25.00 and a 12 month high of $35.85. The firm has a 50 day moving average of $34.94 and a 200 day moving average of $33.55.

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Several research analysts have commented on the stock. Zacks Investment Research downgraded shares of DNB Financial Corp from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. ValuEngine cut shares of DNB Financial Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, FIG Partners cut shares of DNB Financial Corp from an “outperform” rating to a “market perform” rating and upped their target price for the company from $35.00 to $37.00 in a research report on Tuesday, July 25th.

About DNB Financial Corp

DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.

Earnings History for DNB Financial Corp (NASDAQ:DNBF)

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