FDSB
Fifth District Savings BankFinancial Services·Banks - Regional
$15.11
$80M market cap
Revenue
$7.1M
Free Cash Flow
$0.7M
Rev Growth
+0.0%
FCF Margin
9.4%
P/FCF
118.4x
EV/FCF
-38.1x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Fifth District Bancorp, Inc. operates as the bank holding company for Fifth District Savings Bank that provides various banking products and services primarily in New Orleans-Metairie Metropolitan Statistical Area. The company offers a range of deposit accounts, including checking accounts, money market accounts, and certificates of deposit. It also provides fixed-rate one- to four-family residential mortgage loans, as well as originates construction loans, home equity loans, home equity lines o
2-Year Price History
$15.13+49.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 5.7 | 0.5 | 0.5 | 0.4 | 1.0 | 1.0 | -0.0 | 105.1 | 0.0 | 5.1 | 3.8% | 0.2x | -- |
| Act | 2025-Q4 | 1.5 | 8.7 | 9.2 | 0.5 | -0.0 | -0.4 | -0.3 | 5.0 | 0.0 | 5.1 | 86.3% | 3.8x | -- |
Valuation & Metrics
Market Stats
Price$15.11
Market Cap$80M
Enterprise Value$-26M
P/S Ratio11.2x
P/FCF118.4x
EV/FCF-38.1x
FCF Margin (TTM)9.4%
FCF Yield0.8%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$7.1M
Net Income$0.9M
Free Cash Flow$0.7M
Revenue Growth (YoY)+0.0%
EBITDA Margin128.7%
Net Margin13.0%
FCF Margin9.4%
CapEx % of Revenue4.5%
SBC % of Revenue3.2%
ROIC45.0%
WC Change % Rev-5483.7%
Interest Coverage2.1x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.2
Change (vs Prior)-4.4%
Need at least 2 settlement dates for chart
Employees
Headcount67
Revenue / Employee$106,254
Gross Profit / Employee$-11,806
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
17.6%(+5.6% YoY)
16 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
6.6%(+1.8% YoY)
6 filers
Vanguard, iShares, SPDR
Market makers
0.3%(+0.3% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| ALLIANCEBERNSTEIN L.P. | $4.7M | $13.92 | +$525K | +$3.7M | -0.3% | $307.70B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $3.5M | $14.82 | +$3.5M | +$3.5M | — | $4.04T |
| MANGROVE PARTNERS | $2.1M | $10.44 | +$0 | +$35K | +1.6% | $1.23B |
| RAYMOND JAMES FINANCIAL INC | $2.0M | $14.88 | +$1.3M | +$2.0M | -0.0% | $322.69B |
| Stilwell Value LLC | $1.2M | $11.42 | +$0 | +$0 | -0.3% | $96.1M |
| RENAISSANCE TECHNOLOGIES LLC | $948K | $14.78 | +$9K | +$948K | +1.2% | $63.91B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $744K | $10.63 | +$33K | +$19K | +2.3% | $1.61T |
| MORGAN STANLEY | $741K | $12.35 | +$0 | +$739K | -0.3% | $1.65T |
| TruWealth Advisors, LLC | $559K | $13.90 | +$41K | +$559K | +0.5% | $2.08B |
| Arcus Capital Partners, LLC | $541K | $13.80 | +$1K | +$361K | +0.3% | $278M |
| Creative Planning | $445K | $10.37 | −$148K | −$445K | -0.7% | $144.46B |
| BlackRock, Inc.Passive | $414K | $13.66 | +$17K | +$409K | -0.2% | $5.69T |
| VANGUARD FIDUCIARY TRUST COPassive | $411K | $14.82 | +$411K | +$411K | — | $395.83B |
| ACADIAN ASSET MANAGEMENT LLC | $321K | $14.94 | +$106K | +$321K | -0.5% | $70.48B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLPMM | $258K | $14.00 | −$194K | +$258K | -0.6% | $77.14B |
| NORTHERN TRUST CORPPassive | $163K | $14.82 | +$163K | +$163K | -0.2% | $755.34B |
| KESTRA PRIVATE WEALTH SERVICES, LLC | $152K | $12.62 | +$0 | −$73K | -0.5% | $8.06B |
| ORLEANS CAPITAL MANAGEMENT CORP/LA | $148K | $12.62 | +$0 | +$0 | -0.5% | $148M |
| Beacon Pointe Advisors, LLC | $148K | $12.62 | +$0 | −$15K | -0.2% | $18.74B |
| Vanguard Global Advisers, LLCPassive | $45K | $14.82 | +$45K | +$45K | — | $186.48B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+0.18%
avg per quarter
Holders (ex-self)
+0.17%
excl. this stock
Buyers (this Q)
-0.11%
11 buyers · $0.01B in
Sellers (this Q)
-0.73%
2 sellers · $0.00B out
alpha coverage: 80% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-4.2%
how holders react when this stock falls
On quiet Qs
+0.9%
−10% to +10% baseline
On rallies (+10%+)
+18.0%
how they react when this stock rises
Holders' portfolio flow this Q
+1.6%
inflows — adds are organic
Sellers' portfolio flow this Q
+9.1%
Sellers grew AUM elsewhere — opinionated cut of this stock.
Biggest decreases this quarter
New buyers this quarter
Top-5 holders · 68.8%
ALLIANCEBERNSTEIN L.P.--
VANGUARD CAPITAL MANAGEMENT LLC--
MANGROVE PARTNERS--
RAYMOND JAMES FINANCIAL INC--
Stilwell Value LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
FJ Capital Management LLC—ALLIANCEBERNSTEIN L.P.312KFourthstone LLC—MANGROVE PARTNERS142KRAYMOND JAMES FINANCIAL INC132KStilwell Value LLC80KRENAISSANCE TECHNOLOGIES LLC64KCreative Planning30KMORGAN STANLEY50KCITADEL ADVISORS LLC—
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$36K
1 txn · 1 insider · 2,701 sh
Sells ($, 12mo)
$43K
2 txns · 1 insider · 2,842 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-20 | SELL | Sins Linda A. | director | 2,692 | $15.02 | $40K | $71K |
| 2025-09-18 | SELL | Sins Linda A. | director | 150 | $13.95 | $2K | $0 |
| 2025-08-22 | BUY | Smith Shane Michael | officer: Chief Credit Officer | 2,701 | $13.45 | $36K | $99K |
Order Flow (FINRA, ~3w lag)
41.0%retail-0.1pp
8.8%dark+0.3pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Fifth District Bancorp: Insurance Windfall Masking Operational Stagnation
Overall Risk
4/10
Fraud
3/10
Dilution
2/10
Insolvency
1/10
Earnings Overstated
7/10
Hidden Liabilities
2/10
Legal
2/10
Audit Warnings
5/10
Hidden Upside
6/10
Contextually Acceptable
7/10