Company Quick10K Filing
DNB Financial
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 4 $190
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-06 Quarter: 2019-03-31
10-K 2019-03-14 Annual: 2018-12-31
10-Q 2018-11-05 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-03-15 Annual: 2017-12-31
10-Q 2017-11-13 Quarter: 2017-09-30
10-Q 2017-08-11 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-27 Annual: 2016-12-31
10-Q 2016-11-07 Quarter: 2016-09-30
10-Q 2016-08-12 Quarter: 2016-06-30
10-Q 2016-05-16 Quarter: 2016-03-31
10-K 2016-03-23 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-23 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-03-21 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-03-20 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-05-11 Quarter: 2012-03-31
10-K 2012-03-22 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-12 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-03-22 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-09-30
10-Q 2010-08-13 Quarter: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-03-26 Annual: 2009-12-31
8-K 2019-11-30 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Exhibits
8-K 2019-10-23
8-K 2019-10-23
8-K 2019-09-25 Shareholder Vote
8-K 2019-09-05 Other Events, Exhibits
8-K 2019-08-21 Other Events, Exhibits
8-K 2019-07-23 Earnings, Other Events, Exhibits
8-K 2019-06-05 Enter Agreement, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2019-05-22 Other Events, Exhibits
8-K 2019-04-24 Shareholder Vote
8-K 2019-04-23 Earnings, Other Events, Exhibits
8-K 2019-02-27 Enter Agreement, Officers, Other Events, Exhibits
8-K 2019-01-24 Earnings, Other Events, Exhibits
8-K 2018-11-15 Other Events, Exhibits
8-K 2018-10-24 Earnings, Other Events, Exhibits
8-K 2018-08-22 Other Events, Exhibits
8-K 2018-08-07 Regulation FD, Exhibits
8-K 2018-07-24 Earnings, Other Events, Exhibits
8-K 2018-06-06 Officers, Regulation FD, Exhibits
8-K 2018-05-23 Officers
8-K 2018-05-23 Other Events, Exhibits
8-K 2018-04-26 Shareholder Vote
8-K 2018-04-24 Earnings, Other Events, Exhibits
8-K 2018-03-01 Other Events, Exhibits
8-K 2018-01-29 Officers, Other Events, Exhibits
8-K 2018-01-26 Enter Agreement, Officers, Exhibits
8-K 2018-01-24 Earnings, Other Events, Exhibits
8-K 2018-01-09 Officers, Other Events

DNB Financial Financials

DNBF Metrics, Comps, Filings

Annual | Quarterly

Business

General Description of Registrant’s Business and Its Development

DNB Financial Corporation (the “Registrant” or “DNB”), a Pennsylvania business corporation, is a bank holding company registered with and supervised by the Board of Governors of the Federal Reserve System (Federal Reserve Board). The Registrant was incorporated on October 28, 1982 and commenced operations on July 1, 1983 upon consummation of the acquisition of all of the outstanding stock of Downingtown National Bank, now known as DNB First, National Association (the “Bank”). Since commencing operations, DNB’s business has consisted primarily of managing and supervising the Bank, and its principal source of income has been derived from the Bank. At December 31, 2018, DNB had total consolidated assets, total liabilities and stockholders’ equity of $1.2 billion, $1.0 billion, and $111.8 million, respectively.

The Bank was organized in 1860. The Bank is a national banking association that is a member of the Federal Reserve System, the deposits of which are insured by the Federal Deposit Insurance Corporation (“FDIC”). The Bank is a full service commercial bank providing a wide 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. In addition, the Bank has fifteen (15) full service branches and a full-service wealth management group known as “DNB First Wealth Management.” The Bank’s financial subsidiary, DNB Financial Services, Inc., (also known as “DNB Investments & Insurance”) is a Pennsylvania licensed insurance agency, which, through a third party marketing agreement with Cetera Investment Services, LLC, sells a broad variety of insurance and investment products. The Bank’s other subsidiaries are Downco, Inc. and DN Acquisition Company, Inc. which were incorporated in December 1995 and December 2008, respectively, for the purpose of acquiring and holding Other Real Estate Owned acquired through foreclosure or deed in-lieu-of foreclosure, as well as Bank-occupied real estate.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
First Internet Bancorp (INBK) 210 -1.4 1% 3,959 3,663 0 0 22 99 -138
Mid Penn Bancorp (MPB) 209 3.7 1% 2,136 1,905 0 0 15 43 161
Norwood Financial (NWFL) 205 0% 9.0 1% 1,223 1,091 3 0 14 26 230
First Business Financial Services (FBIZ) 204 2.9 1% 2,070 1,881 0 0 22 54 159
Penns Woods Bancorp (PWOD) 201 0% 3.6 1% 1,712 1,560 1 0 16 33 122
Shore Bancshares (SHBI) 200 0% 4.6 2% 1,489 1,297 5 0 25 38 176
Pacific Mercantile Bancorp (PMBC) 197 -2.3 1% 1,419 1,273 0 0 12 30 -68
Bank of Commerce Holdings (BOCH) 191 6.2 1% 1,442 1,274 0 0 15 26 160
DNB Financial (DNBF) 190 5.7 1% 1,154 1,036 0 0 11 25 144
Midsouth Bancorp (MSL) 190 1.5 -2% 1,715 1,494 0 0 -36 -28 -42
Community Financial (TCFC) 189 0% 4.6 1% 1,756 1,593 28 0 15 40 181
United Security Bancshares (UBFO) 187 -4.9 2% 1,006 893 0 0 16 25 -123
Coastal Financial (CCB) 186 6.1 1% 1,031 914 0 0 12 22 132
Level One Bancorp (LEVL) 184 4.9 1% 1,505 1,343 0 0 14 36 180
Northeast Bancorp (NBN) 177 0.5 2% 1,231 1,078 0 0 19 46 25
C&F Financial (CFFI) 177 0% 4.9 1% 1,568 1,409 122 0 19 36 177
Ohio Valley Banc (OVBC) 174 5.9 1% 1,035 911 0 0 10 18 104
Evans Bancorp (EVBN) 173 0% 9.6 0% 1,471 1,330 11 0 0 12 113
Community Bankers Trust (ESXB) 172 0% 5.4 1% 1,431 1,284 2 0 14 32 172
Mackinac Financial (MFNC) 170 0% 3.7 1% 1,331 1,173 1 0 13 29 109

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash340011117
Accounts Receivable
Inventory
PP&E8827277998
Assets607666873751141,0821,158
Accounts Payable
Long-Term Debt
Liabilities55610101019199801,046
Stockholders' Equity515759645595102112
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue64566
Cost of Revenue
Gross Profit
R&D
SG&A11111111
Tax22212152
Net Income554555811
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating9-0-0-0481415
Cash Investing-31110-5-26-70
Cash Financing0-1-1-0-4-1161