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.
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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 Date10/29/2019 (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 declared a quarterly dividend on Thursday, June 20th. Shareholders of record on Sunday, June 30th will be paid a dividend of $0.04 per share on Monday, July 15th. This represents a $0.16 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, June 27th. View Level One Bancorp's Dividend History.
How were Level One Bancorp's earnings last quarter?
Level One Bancorp (NASDAQ:LEVL) issued its quarterly earnings data on Tuesday, July, 30th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.04. The business had revenue of $15.92 million for the quarter, compared to analysts' expectations of $15.55 million. Level One Bancorp had a return on equity of 9.24% and a net margin of 18.06%. 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 brokerages have issued 12 month price objectives for Level One Bancorp's stock. Their forecasts range from $25.00 to $28.00. On average, they anticipate Level One Bancorp's share price to reach $26.50 in the next year. This suggests a possible upside of 11.1% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Level One Bancorp.
Has Level One Bancorp been receiving favorable news coverage?
Media stories about LEVL stock have trended negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of 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 news impact score of -2.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Level One Bancorp.
Are investors shorting Level One Bancorp?
Level One Bancorp saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 145,100 shares, a drop of 6.8% from the June 30th total of 155,700 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 20.7 days. Approximately 2.9% of the company's stock are sold short. View Level One Bancorp's Current Options Chain.
Who are some of Level One Bancorp's key competitors?
Some companies that are related to Level One Bancorp include ConnectOne Bancorp (CNOB), Community Trust Bancorp (CTBI), Bryn Mawr Bank (BMTC), Allegiance Bancshares (ABTX), Byline Bancorp (BY), Peoples Bancorp (PEBO), HomeStreet (HMST), First Foundation (FFWM), Midland States Bancorp (MSBI), HarborOne Bancorp (HONE), Customers Bancorp (CUBI), Luther Burbank (LBC), Bank of Marin Bancorp (BMRC), Tristate Capital (TSC) and QCR (QCRH).
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 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.
Who are Level One Bancorp's major shareholders?
Level One Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (7.36%), Integrated Investment Consultants LLC (4.49%), BlackRock Inc. (3.21%), Vanguard Group Inc. (1.79%), Clarkston Capital Partners LLC (1.59%) and Northern Trust Corp (0.64%). 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 major investors are selling Level One Bancorp stock?
Which major investors are buying Level One Bancorp stock?
LEVL stock was bought by a variety of institutional investors in the last quarter, including Integrated Investment Consultants LLC, Russell Investments Group Ltd., Vanguard Group Inc., Wells Fargo & Company MN, Clarkston Capital Partners LLC, BlackRock Inc., Northern Trust Corp and Charles Schwab Investment Management 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 $23.85.
How big of a company is Level One Bancorp?
Level One Bancorp has a market capitalization of $184.36 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. View Additional Information About Level One Bancorp.
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.
