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
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LEVL
Previous Symbol
CUSIPN/A
Phone248-737-0300
Debt
Debt-to-Equity Ratio0.10
Current Ratio0.93
Quick Ratio0.94
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book Value$18.77 per share
Price / Book1.42
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees235
Outstanding Shares7,750,000
Market Cap$204.92 million
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 declared a quarterly dividend on Thursday, September 20th. Shareholders of record on Sunday, September 30th will be given a dividend of $0.03 per share on Monday, October 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Thursday, September 27th. View Level One Bancorp's Dividend History.
How were Level One Bancorp's earnings last quarter?
Level One Bancorp (NASDAQ:LEVL) released its quarterly earnings results on Tuesday, October, 30th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.06. The business had revenue of $14.99 million for the quarter, compared to analyst estimates of $14.60 million. 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 Wall Street analysts have issued 12-month price objectives for Level One Bancorp's shares. 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 year. This suggests a possible upside of 20.3% 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?
Media stories about LEVL stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Level One Bancorp earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Level One Bancorp's key competitors?
Some companies that are related to Level One Bancorp include Bryn Mawr Bank (BMTC), Central Pacific Financial (CPF), Community Trust Bancorp (CTBI), Byline Bancorp (BY), German American Bancorp. (GABC), Great Southern Bancorp (GSBC), Lakeland Bancorp (LBAI), Guaranty Bancorp (GBNK), TrustCo Bank Corp NY (TRST), Carolina Financial (CARO), Live Oak Bancshares (LOB), Univest Co. of Pennsylvania (UVSP), Tristate Capital (TSC), First Foundation (FFWM) and Stock Yards Bancorp (SYBT).
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 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.
When did the company's lock-up period expire?
Level One Bancorp's lock-up period expired on Wednesday, October 17th. Level One Bancorp had issued 1,200,000 shares in its initial public offering on April 20th. The total size of the offering was $33,600,000 based on an initial share price of $28.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
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 shareholders include Banc Funds Co. LLC (7.71%), Northpointe Capital LLC (1.64%), Clarkston Capital Partners LLC (1.51%), PNC Financial Services Group Inc. (0.81%), Eidelman Virant Capital (0.43%) and FSI Group LLC (0.32%). Company insiders that own Level One Bancorp stock include Gregory A Wernette and Victor L Ansara. View Institutional Ownership Trends for Level One Bancorp.
Which major investors are selling Level One Bancorp stock?
LEVL stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC and FSI Group 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 major investors are buying Level One Bancorp stock?
LEVL stock was acquired by a variety of institutional investors in the last quarter, including Clarkston Capital Partners LLC, PNC Financial Services Group Inc., Eidelman Virant Capital, Northpointe Capital LLC and Ancora Advisors LLC. 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 $26.60.
How big of a company is Level One Bancorp?
Level One Bancorp has a market capitalization of $204.92 million. Level One Bancorp employs 235 workers across the globe.
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.
