Fidelity Southern Corp (LION) Files 10-K for the Fiscal Year Ended on December 31, 2017

Fidelity Southern Corp (LION, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Fidelity Southern Corporation operates as the bank holding company based in the metropolitan Atlanta area. The company serves both individuals and small to medium-sized businesses. Fidelity Southern Corp has a market cap of $647.770 million; its shares were traded at around $24.14 with a P/E ratio of 16.20 and P/S ratio of 2.24. The dividend yield of Fidelity Southern Corp stocks is 1.98%. Fidelity Southern Corp had annual average EBITDA growth of 15.70% over the past five years.

For the last quarter Fidelity Southern Corp reported a revenue of $64.8 million, compared with the revenue of $80.08 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $270.2 million, an increase of 0% from last year. For the last five years Fidelity Southern Corp had an average revenue growth rate of 11.4% a year.

The reported diluted earnings per share was $1.49 for the year, a decline of 0.7% from the previous year. Over the last five years Fidelity Southern Corp had an EPS growth rate of 4.4% a year. The Fidelity Southern Corp had a decent operating margin of 20.38%, compared with the operating margin of 22.55% a year before. The 10-year historical median operating margin of Fidelity Southern Corp is 18.22%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Fidelity Southern Corp has the cash and cash equivalents of $186.3 million, compared with $129.7 million in the previous year. The long term debt was $120.6 million, compared with $120.5 million in the previous year. The interest coverage to the debt is 2.4, which is not a favorable level. Fidelity Southern Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $24.14, Fidelity Southern Corp is traded at 72.6% premium to its historical median P/S valuation band of $13.99. The P/S ratio of the stock is 2.24, while the historical median P/S ratio is 1.30. The stock gained 9.33% during the past 12 months.

Directors and Officers Recent Trades:

  • Director W Clyde Shepherd Iii bought 172 shares of LION stock on 03/02/2018 at the average price of $23.27. The price of the stock has increased by 3.74% since.
  • Director Jason Walsh, bought 10,000 shares of LION stock on 02/21/2018 at the average price of $0.46.
  • Director Jason Walsh, bought 10,000 shares of LION stock on 02/21/2018 at the average price of $0.46.

For the complete 20-year historical financial data of LION, click here.