Market Overview

DNB Financial Corporation Named to Prestigious KBW "Bank Honor Roll" for Second Consecutive Year


DOWNINGTOWN, Pa., April 3, 2012 (GLOBE NEWSWIRE) -- DNB Financial Corporation (Nasdaq: DNBF) ("DNB"), parent of DNB First, National Association, was once again named to the 2012 Bank Honor Roll by the investment bank Keefe, Bruyette and Woods (KBW) on March 22, 2012. DNB is one of only 45 banks named to the Bank Honor Roll out of nearly 400 banks screened nationally by KBW. In addition, DNB was one of just 28 banks and thrifts to receive this recognition two years in a row. Founded in 1962, KBW is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking, real estate and specialty finance sectors.

Honor Roll winners are recognized for their strong performance over the past 10 years and their ability to overcome obstacles and navigate difficult economic times. The Honor Roll only includes publicly traded banking companies with more than $500 million in total assets that meet the following conditions:

  • No annual loss reported in net income per share before extraordinary items over the past 10 years.
  • 2011 annual reported net income per-share before extraordinary items must have been equal to or greater than peak net income per-share over the past 10 years.
  • Consecutive increases in net income per-share before extraordinary items since 2009.

In terms of stock price, Bank Honor Roll companies significantly outperformed both the banking industry and the overall stock market during the five year period between 2006 and 2011. They outperformed, both the KBW Bank Index (BKX) and the KBW Regional Baking Index (KRX) five- year compounded annual growth rates of -19.6% and -13.2%. Additionally they also meaningfully outperformed the S & P 500 (SPX) return of -2.4% over the equivalent time period. DNB's stock price has increased 119.0% between January 29, 2010 and March 30, 2012.

In recognition of this distinction, William S. Latoff, DNB First Chairman and CEO said, "We are once again proud to be included in the prestigious Keefe, Bruyette and Woods Honor Roll, joining the ranks of superior banks in the nation. It validates our efforts to offer outstanding products and services and our commitment to focusing on building relationships, not just the bottom line. We remain committed to our markets and to helping businesses grow, even in the most challenging of times."

DNB Financial Corporation is a bank holding company whose bank subsidiary, DNB First, National Association, is a community bank headquartered in Downingtown, Pennsylvania with 12 locations. Founded in 1860, DNB First in addition to providing a broad array of consumer and business banking products, offers brokerage and insurance services through DNB Investments & Insurance, and trust services through DNB Wealth Management. DNB Financial Corporation's shares are traded on Nasdaq's Capital Market under the symbol: DNBF. We invite our customers and shareholders to visit our website at DNB's Investor Relations site can be found at

The DNB Financial Corporation logo is available at

CONTACT: Gerald F. Sopp CFO/Executive Vice-President 484.359.3138

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