Level One Bancorp, Inc. operates as a bank holding company for Level One Bank that provides business and consumer financial services in Michigan. It offers a range of deposit services, including checking accounts, NOW accounts, savings, other time deposits, certificates of deposit, and specialty deposit accounts. The company also provides lending products and related services comprising commercial mortgages; commercial and industrial loans with lines of credit, term loans, and owner occupied mortgages to small businesses; loans under the SBA lending program; residential real estate loans; construction and land development loans; and consumer loans, including home equity loans and automobile loans, as well as credit card services. In addition, it offers cash management services, treasury management services, and mobile banking services. The company serves individuals, owner-managed businesses, professional firms, real estate professionals, and not-for-profit businesses. It operate through 14 offices, including 12 full-service banking centers located in southeastern Michigan; and a mortgage loan production office in Ann Arbor, Michigan. Level One Bancorp, Inc. was founded in 2007 and is headquartered in Farmington Hills, Michigan.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone248-737-0300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$70.88 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/21/2019 (Estimated)
OptionableNot Optionable
Level One Bancorp (NASDAQ:LEVL) Frequently Asked Questions
What is Level One Bancorp's stock symbol?
Level One Bancorp trades on the NASDAQ under the ticker symbol "LEVL."
How often does Level One Bancorp pay dividends? What is the dividend yield for Level One Bancorp?
Level One Bancorp announced a quarterly dividend on Friday, December 21st. Shareholders of record on Monday, December 31st will be paid a dividend of $0.03 per share on Tuesday, January 15th. This represents a $0.12 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Friday, December 28th. View Level One Bancorp's Dividend History.
How were Level One Bancorp's earnings last quarter?
Level One Bancorp (NASDAQ:LEVL) announced its earnings results on Wednesday, January, 30th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. The company earned $15.12 million during the quarter, compared to analyst estimates of $15.20 million. Level One Bancorp had a net margin of 20.30% and a return on equity of 10.81%. View Level One Bancorp's Earnings History.
When is Level One Bancorp's next earnings date?
What price target have analysts set for LEVL?
3 analysts have issued twelve-month price targets for Level One Bancorp's stock. Their forecasts range from $30.00 to $34.00. On average, they expect Level One Bancorp's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for Level One Bancorp.
What is the consensus analysts' recommendation for Level One Bancorp?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Level One Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Level One Bancorp.
Has Level One Bancorp been receiving favorable news coverage?
News articles about LEVL stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Level One Bancorp earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the stock's share price in the next several days.
Who are some of Level One Bancorp's key competitors?
Some companies that are related to Level One Bancorp include German American Bancorp. (GABC), Univest Financial (UVSP), ConnectOne Bancorp (CNOB), Community Trust Bancorp (CTBI), HomeStreet (HMST), Byline Bancorp (BY), Horizon Bancorp (HBNC), First Foundation (FFWM), Preferred Bank (PFBC), Flushing Financial (FFIC), Blue Hills Bancorp (BHBK), Tristate Capital (TSC), Peoples Bancorp (PEBO), Live Oak Bancshares (LOB) and Guaranty Bancorp (GBNK).
What other stocks do shareholders of Level One Bancorp own?
Who are Level One Bancorp's key executives?
Level One Bancorp's management team includes the folowing people:
- Mr. Patrick J. Fehring Jr., Chairman, Pres & CEO (Age 60)
- Mr. David C. Walker, Exec. VP & CFO (Age 57)
- Ms. Melanie C. Barrett, Exec. VP & Chief HR Officer (Age 59)
- Mr. Timothy R. Mackay, Assistant Corp. Sec. (Age 48)
- Ms. Eva Scurlock, Assistant Corp. Sec. (Age 40)
When did Level One Bancorp IPO?
(LEVL) raised $28 million in an initial public offering (IPO) on Friday, April 20th 2018. The company issued 1,000,000 shares at $27.00-$29.00 per share. Raymond James and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray was co-manager.
Who are Level One Bancorp's major shareholders?
Level One Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (7.62%), BlackRock Inc. (3.37%), Clarkston Capital Partners LLC (1.57%), Northern Trust Corp (0.61%), Northpointe Capital LLC (0.57%) and Wesbanco Bank Inc. (0.39%). Company insiders that own Level One Bancorp stock include Gregory A Wernette, James L Bellinson, Stefan Wanczyk and Victor L Ansara. View Institutional Ownership Trends for Level One Bancorp.
Which institutional investors are selling Level One Bancorp stock?
LEVL stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, EJF Capital LLC, Wesbanco Bank Inc. and Banc Funds Co. LLC. Company insiders that have sold Level One Bancorp company stock in the last year include Gregory A Wernette and Victor L Ansara. View Insider Buying and Selling for Level One Bancorp.
Which institutional investors are buying Level One Bancorp stock?
LEVL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Geode Capital Management LLC, Geode Capital Management LLC, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Advisor Group Inc.. Company insiders that have bought Level One Bancorp stock in the last two years include James L Bellinson and Stefan Wanczyk. View Insider Buying and Selling for Level One Bancorp.
How do I buy shares of Level One Bancorp?
Shares of LEVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Level One Bancorp's stock price today?
One share of LEVL stock can currently be purchased for approximately $23.93.
How big of a company is Level One Bancorp?
Level One Bancorp has a market capitalization of $185.46 million and generates $70.88 million in revenue each year. The company earns $14.39 million in net income (profit) each year or $1.91 on an earnings per share basis.
What is Level One Bancorp's official website?
How can I contact Level One Bancorp?
Level One Bancorp's mailing address is 32991 HAMILTON COURT, Farmington Hills MI, 48334. The company can be reached via phone at 248-737-0300.
MarketBeat Community Rating for Level One Bancorp (NASDAQ LEVL)
MarketBeat's community ratings are surveys of what our community members think about Level One Bancorp and other stocks. Vote "Outperform" if you believe LEVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
