Limestone Bancorp, Inc. operates as the bank holding company for Limestone Bank, Inc. that provides a range of commercial and personal banking products and services. The company offers deposit products, including checking, savings, and term certificate accounts, as well as money market accounts and fixed rate certificates. It also provides commercial loans for equipment purchases, working capital, and other financing needs of business enterprises; and commercial real estate loans that include loans on properties occupied by borrowers and tenants, as well as construction and development loans secured by land under development, or homes and commercial buildings under construction. In addition, the company offers residential real estate loans; consumer loans; agriculture loans secured by livestock, crops, and equipment; and other loans, including loans to municipalities, loans secured by stock, and overdrafts. Further, it provides drive-through banking facilities, automatic teller machines, personalized checks, credit and debit cards, electronic funds transfers through ACH services, domestic and foreign wire transfers, and loan and deposit sweep accounts; and night depository, Internet and mobile banking, treasury management, remote deposit, cash management, and vault services. The company primarily serves small to medium-sized businesses, and business owners and employees, as well as other executives and professionals. It operates 15 banking offices in 12 counties in Kentucky. The company was formerly known as Porter Bancorp, Inc. and changed its name to Limestone Bancorp, Inc. in May 2018. Limestone Bancorp, Inc. was founded in 1902 and is headquartered in Louisville, Kentucky.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone502-499-4800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$49.24 million
Profitability
Miscellaneous
Employees214
Next Earnings Date10/22/2019 (Estimated)
OptionableNot Optionable
Limestone Bancorp (NASDAQ:LMST) Frequently Asked Questions
What is Limestone Bancorp's stock symbol?
Limestone Bancorp trades on the NASDAQ under the ticker symbol "LMST."
How were Limestone Bancorp's earnings last quarter?
Limestone Bancorp Inc (NASDAQ:LMST) issued its earnings results on Wednesday, July, 24th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.17. The firm earned $10.25 million during the quarter, compared to the consensus estimate of $10.47 million. Limestone Bancorp had a net margin of 21.28% and a return on equity of 11.65%. View Limestone Bancorp's Earnings History.
When is Limestone Bancorp's next earnings date?
What price target have analysts set for LMST?
2 analysts have issued twelve-month price targets for Limestone Bancorp's shares. Their forecasts range from $18.00 to $18.00. On average, they expect Limestone Bancorp's stock price to reach $18.00 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Limestone Bancorp.
What is the consensus analysts' recommendation for Limestone Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limestone Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Limestone Bancorp.
Has Limestone Bancorp been receiving favorable news coverage?
Headlines about LMST stock have been trending negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Limestone Bancorp earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Limestone Bancorp.
Are investors shorting Limestone Bancorp?
Limestone Bancorp saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 1,400 shares, a decline of 48.1% from the June 30th total of 2,700 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company's shares are short sold. View Limestone Bancorp's Current Options Chain.
Who are some of Limestone Bancorp's key competitors?
Some companies that are related to Limestone Bancorp include Guaranty Bancshares (GNTY), Peoples Financial Services (PFIS), SmartFinancial (SMBK), Southern First Bancshares (SFST), First Bancorp (FNLC), Ames National (ATLO), Fidelity D&D Bancorp (FDBC), MBT Financial (MBTF), National Bankshares (NKSH), LCNB (LCNB), Shore Bancshares (SHBI), California First National Bancorp (CFNB), DNB Financial (DNBF), United Security Bancshares (UBFO) and MidSouth Bancorp (MSL).
What other stocks do shareholders of Limestone Bancorp own?
Who are Limestone Bancorp's key executives?
Limestone Bancorp's management team includes the folowing people:
- Mr. John T. Taylor, Pres, CEO & Director (Age 59)
- Mr. Phillip W. Barnhouse Jr., CPA, Chief Financial Officer (Age 48)
- Mr. John Redmon Davis, Chief Credit Officer & Exec. VP of Limestone Bank (Age 56)
- Mr. Joseph C. Seiler, Head of Commercial Banking & Exec. VP of Limestone Bank (Age 52)
- Ms. Stephanie Renner, Corp. Sec. (Age 43)
Who are Limestone Bancorp's major shareholders?
Limestone Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include EJF Capital LLC (4.82%), Eidelman Virant Capital (2.28%), Vanguard Group Inc. (1.23%), Context BH Capital Management LP (0.37%), Susquehanna International Group LLP (0.33%) and BlackRock Inc. (0.21%). Company insiders that own Limestone Bancorp stock include James M Parsons, John Redmon Davis, Joseph C Seiler and W Kirk Wycoff. View Institutional Ownership Trends for Limestone Bancorp.
Which institutional investors are buying Limestone Bancorp stock?
LMST stock was purchased by a variety of institutional investors in the last quarter, including EJF Capital LLC, Eidelman Virant Capital, Context BH Capital Management LP, Susquehanna International Group LLP, Vanguard Group Inc., Acadian Asset Management LLC and BlackRock Inc.. Company insiders that have bought Limestone Bancorp stock in the last two years include James M Parsons and W Kirk Wycoff. View Insider Buying and Selling for Limestone Bancorp.
How do I buy shares of Limestone Bancorp?
Shares of LMST 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 Limestone Bancorp's stock price today?
One share of LMST stock can currently be purchased for approximately $15.02.
How big of a company is Limestone Bancorp?
Limestone Bancorp has a market capitalization of $93.88 million and generates $49.24 million in revenue each year. The company earns $8.79 million in net income (profit) each year or $1.23 on an earnings per share basis. Limestone Bancorp employs 214 workers across the globe.View Additional Information About Limestone Bancorp.
What is Limestone Bancorp's official website?
How can I contact Limestone Bancorp?
Limestone Bancorp's mailing address is 2500 EASTPOINT PARKWAY, LOUISVILLE KY, 40223. The company can be reached via phone at 502-499-4800.
MarketBeat Community Rating for Limestone Bancorp (NASDAQ LMST)
MarketBeat's community ratings are surveys of what our community members think about Limestone Bancorp and other stocks. Vote "Outperform" if you believe LMST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LMST will underperform the S&P 500 over the long term. You may vote once every thirty days.
