LNB Bancorp, Inc. is a financial holding company. The Company's wholly owned subsidiary, The Lorain National Bank provides services, such as Commercial Lending, which includes commercial and industrial loans, commercial real estate loans, construction and equipment loans, letters of credit, revolving lines of credit, Small Business Administration loans and government guaranteed loans; Residential Installment and Personal Lending, which includes loans for the purchase of personal residences, originated for portfolio or to be sold in the secondary markets; Deposit Services, which includes traditional transaction and time deposit accounts, as well as cash management services, and Other Services, which includes safe deposit boxes, night depository, the United States savings bonds, money orders, cashier's checks, ATM's, debit cards, wire transfers, electronic funds transfers, foreign drafts, foreign currency, electronic banking by phone or through the internet, lockbox and other services.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:LNBB
- CUSIP: N/A
- Web: www.4LNB.com
- 52 Week Range: $12.70 - $19.95
- Trailing P/E Ratio:
- Foreward P/E Ratio: 19.38
- P/E Growth:
- Net Margins: 18.83%
- Return on Equity: 7.70%
- Return on Assets: 0.73%
- Average Volume: 13,630 shs.
Frequently Asked Questions for LNB Bancorp (NASDAQ:LNBB)
What is LNB Bancorp's stock symbol?
LNB Bancorp trades on the NASDAQ under the ticker symbol "LNBB."
How were LNB Bancorp's earnings last quarter?
LNB Bancorp Inc (NASDAQ:LNBB) issued its quarterly earnings results on Tuesday, August, 4th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.01. The company had revenue of $11.29 million for the quarter, compared to analyst estimates of $12.60 million. LNB Bancorp had a return on equity of 7.70% and a net margin of 18.83%. View LNB Bancorp's Earnings History.
Who are some of LNB Bancorp's key competitors?
Some companies that are related to LNB Bancorp include HSBC Holdings PLC (HSBC), HSBC Holdings plc (HSBA), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), First Republic Bank (FRC), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), Zions Bancorporation (ZION), BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), F.N.B. Corporation (FNB), Prosperity Bancshares (PB), First Hawaiian (FHB), IBERIABANK Corporation (IBKC), Hancock Holding Company (HBHC), Texas Capital Bancshares (TCBI), Home BancShares (HOMB), Bank of Hawaii Corporation (BOH) and Associated Banc-Corp (ASB).
How do I buy LNB Bancorp stock?
Shares of LNB Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is LNB Bancorp's stock price today?
MarketBeat Community Rating for LNB Bancorp (NASDAQ LNBB)MarketBeat's community ratings are surveys of what our community members think about LNB Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of LNB Bancorp stock can currently be purchased for approximately $19.38.
Consensus Ratings for LNB Bancorp (NASDAQ:LNBB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for LNB Bancorp (NASDAQ:LNBB)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for LNB Bancorp (NASDAQ:LNBB)Earnings History by Quarter for LNB Bancorp (NASDAQ LNBB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/4/2015||Q215||$0.24||$0.23||$12.60 million||$11.29 million||View||N/A|
|1/29/2015||Q414||$0.22||$0.15||$12.75 million||$12.67 million||View||N/A|
|7/29/2014||Q214||$0.19||$0.21||$12.45 million||$11.56 million||View||N/A|
|1/31/2013||Q4 2012||$0.15||$0.17||$12.05 million||View||N/A|
Earnings Estimates for LNB Bancorp (NASDAQ:LNBB)
Current Year EPS Consensus Estimate: $0.86 EPS
Next Year EPS Consensus Estimate: $1.00 EPS
Dividend History by Quarter for LNB Bancorp (NASDAQ LNBB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for LNB Bancorp (NASDAQ:LNBB)Insider Trades by Quarter for LNB Bancorp (NASDAQ:LNBB)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/15/2014||Daniel G Merkel||Director||Buy||1,000||$12.96||$12,960.00|| |
|8/6/2014||James R Herrick||Director||Buy||16,084||$12.00||$193,008.00|| |
|5/6/2014||James R Herrick||Director||Buy||8,000||$11.40||$91,200.00|| |
|3/10/2014||Peter R Catanese||VP||Sell||1,075||$11.57||$12,437.75|| |
|2/6/2014||Donald F Zwilling||Director||Buy||1,000||$10.20||$10,200.00|| |
|2/3/2014||Daniel G Merkel||Director||Buy||1,000||$10.13||$10,130.00|| |
|12/13/2013||Frederick D Disanto||Director||Buy||6,000||$10.30||$61,800.00|| |
|12/12/2013||Frederick D Disanto||Director||Buy||44,000||$10.30||$453,200.00|| |
|8/7/2013||Thomas P Perciak||Director||Buy||5,000||$9.60||$48,000.00|| |
|7/30/2013||Robert F Heinrich||Insider||Sell||1,500||$9.23||$13,845.00|| |
|5/20/2013||Donald F Zwilling||Director||Buy||1,000||$9.13||$9,130.00|| |
|5/13/2013||Peter R Catanese||VP||Sell||2,087||$9.07||$18,929.09|| |
|5/8/2013||James R Herrick||Director||Buy||3,973||$8.50||$33,770.50|| |
|8/28/2012||Daniel G Merkel||Director||Buy||1,000||$6.15||$6,150.00|| |
Headline Trends for LNB Bancorp (NASDAQ:LNBB)
Latest Headlines for LNB Bancorp (NASDAQ:LNBB)
|Northwest Bancshares (NWBI) Closes LNB Bancorp Merger|
finance.yahoo.com - August 17 at 3:35 PM
|LNB BANCORP INC Financials|
finance.yahoo.com - August 11 at 1:05 PM
|LNB BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits|
biz.yahoo.com - August 4 at 8:30 AM
|LNB Bancorp, Inc. Reports Second Quarter 2015 Results:|
finance.yahoo.com - August 4 at 8:25 AM
|LNB BANCORP INC Files SEC form 8-K, Temporary Suspension of Trading Under Registrant's Employee Benefit Plans, Financ|
biz.yahoo.com - July 6 at 3:33 PM
|LNB BANCORP INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financial Stat|
biz.yahoo.com - June 16 at 3:02 PM
|LNB Bancorp, Inc. Shareholders Vote to Approve Merger with Northwest Bancshares Inc.|
finance.yahoo.com - June 16 at 2:54 PM
|LNB BANCORP INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - May 19 at 10:51 AM
|LNB Bancorp, Inc. Declares Regular Quarterly Dividend|
finance.yahoo.com - May 19 at 10:33 AM
|LNB BANCORP INC Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 7 at 11:41 AM
LNB Bancorp (LNBB) Chart for Thursday, July, 27, 2017