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 / Book1.41
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$204.42 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 announced a quarterly dividend on Thursday, September 20th. Investors of record on Sunday, September 30th will be paid a dividend of $0.03 per share on Monday, October 15th. This represents a $0.12 dividend on an annualized basis and a dividend 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) posted its quarterly earnings results on Tuesday, October, 30th. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.06. The company earned $14.99 million during the quarter, compared to analysts' expectations 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 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 twelve months. This suggests a possible upside of 21.1% 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 headlines about LEVL stock have been trending somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Level One Bancorp earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company'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 Central Pacific Financial (CPF), Bryn Mawr Bank (BMTC), Community Trust Bancorp (CTBI), Lakeland Bancorp (LBAI), Byline Bancorp (BY), Guaranty Bancorp (GBNK), Great Southern Bancorp (GSBC), Live Oak Bancshares (LOB), Carolina Financial (CARO), TrustCo Bank Corp NY (TRST), Univest Co. of Pennsylvania (UVSP), Tristate Capital (TSC), Stock Yards Bancorp (SYBT), First Foundation (FFWM) and German American Bancorp. (GABC).
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 a price of $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 Level One Bancorp'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. Since the end of Level One Bancorp's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.
Who are Level One Bancorp's major shareholders?
Level One Bancorp's stock is owned by many different 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 bought 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 $26.42.
How big of a company is Level One Bancorp?
Level One Bancorp has a market capitalization of $204.42 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.
