COMP <GO>

ISTR vs FDBC // FORWARD P/E MULTIPLE

Investar Holding Corporation (NASDAQ) VS. Fidelity D & D Bancorp Inc. (NASDAQ) • 15-METRIC TALLY: ISTR 1 — FDBC 6

▲ FORWARD P/E MULTIPLE LEADER: FDBC

LAST: $27.83 (+0.62%) • MKT CAP: $383.4M

forward-pe

15.5x

LAST: $65.83 (+3.65%) • MKT CAP: $382.4M

forward-pe

12.6x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ISTR VS. FDBC) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	ISTR	FDBC	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	7.60%	11.80%	-4.20	FDBC	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	4.75%	6.49%	-1.74	FDBC	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	—	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	1.10%	2.46%	-1.36	FDBC	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	4/9	5/9	-1.00	FDBC	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	37.6	75.5	-37.90	FDBC	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	15.5x	12.6x	+2.90	FDBC	/forward-pe <GO>
Enterprise Scale & Market Cap	$383.4M	$382.4M	$1.0M	ISTR	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	ISTR REV	FDBC REV	ISTR GROSS %	FDBC GROSS %	ISTR FCF	FDBC FCF
FY 2025	$0	$0	—	—	$18.2M	$24.8M
FY 2024	$0	$0	—	—	$15.9M	$24.9M
FY 2023	$0	$0	—	—	$26.2M	$29.7M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

ISTR // BETA —

FDBC // BETA —