Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides retail and commercial banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for businesses. The company's loan portfolio consists of one-to four-family residential mortgages, home equity loans, commercial real estate loans, construction loans, business installment loans, lines of credit, and other commercial loans; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured and unsecured loans. As of February 08, 2018, it had 11 full-service branch locations in Western New York, including 5 locations in Chautauqua County and 6 locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. is a subsidiary of Lake Shore, MHC.
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Phone716-366-4070
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.01 million
Profitability
Miscellaneous
Employees112
Next Earnings Date10/23/2019 (Estimated)
OptionableNot Optionable
Lake Shore Bancorp (NASDAQ:LSBK) Frequently Asked Questions
What is Lake Shore Bancorp's stock symbol?
Lake Shore Bancorp trades on the NASDAQ under the ticker symbol "LSBK."
How often does Lake Shore Bancorp pay dividends? What is the dividend yield for Lake Shore Bancorp?
Lake Shore Bancorp announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Monday, August 5th will be paid a dividend of $0.12 per share on Friday, August 16th. This represents a $0.48 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Friday, August 2nd. View Lake Shore Bancorp's Dividend History.
How were Lake Shore Bancorp's earnings last quarter?
Lake Shore Bancorp, Inc. (NASDAQ:LSBK) posted its quarterly earnings data on Wednesday, July, 24th. The savings and loans company reported $0.13 EPS for the quarter. The savings and loans company earned $5.23 million during the quarter. Lake Shore Bancorp had a return on equity of 4.68% and a net margin of 14.96%. View Lake Shore Bancorp's Earnings History.
When is Lake Shore Bancorp's next earnings date?
Has Lake Shore Bancorp been receiving favorable news coverage?
Headlines about LSBK stock have been trending negative on Monday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lake Shore Bancorp earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news articles about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Lake Shore Bancorp.
Are investors shorting Lake Shore Bancorp?
Lake Shore Bancorp saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 6,800 shares, an increase of 54.5% from the August 30th total of 4,400 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is currently 2.2 days. Currently, 0.3% of the company's stock are sold short. View Lake Shore Bancorp's Current Options Chain.
Who are some of Lake Shore Bancorp's key competitors?
Some companies that are related to Lake Shore Bancorp include NASB Financial (NASB), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Territorial Bancorp (TBNK), Western New England Bancorp (WNEB), Northrim BanCorp (NRIM), PDL Community Bancorp (PDLB), Provident Bancorp (PVBC), North Dallas Bank Trust (NODB), BCB Bancorp (BCBP), Codorus Valley Bancorp (CVLY), First Capital (FCAP), First Guaranty Bancshares (FGBI), BankFinancial (BFIN), Malvern Bancorp (MLVF) and 1st Constitution Bancorp (FCCY).
Who are Lake Shore Bancorp's key executives?
Lake Shore Bancorp's management team includes the folowing people:
- Mr. Daniel P. Reininga, Pres, CEO & Director (Age 60)
- Ms. Rachel A. Foley, CFO & Treasurer (Age 50)
- Mr. Jeffrey M. Werdein, Exec. VP of Commercial Division (Age 52)
- Mr. Steven Schiavone, Controller & Principal Accounting Officer (Age 40)
- Ms. Nicole May, Compliance & CRA Officer
How do I buy shares of Lake Shore Bancorp?
Shares of LSBK 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, Robinhood, Fidelity and Charles Schwab.
What is Lake Shore Bancorp's stock price today?
One share of LSBK stock can currently be purchased for approximately $15.24.
How big of a company is Lake Shore Bancorp?
What is Lake Shore Bancorp's official website?
How can I contact Lake Shore Bancorp?
Lake Shore Bancorp's mailing address is 31 EAST FOURTH STREET, DUNKIRK NY, 14048. The savings and loans company can be reached via phone at 716-366-4070 or via email at [email protected]
MarketBeat Community Rating for Lake Shore Bancorp (NASDAQ LSBK)
MarketBeat's community ratings are surveys of what our community members think about Lake Shore Bancorp and other stocks. Vote "Outperform" if you believe LSBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LSBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
