Lake Shore Bancorp Inc

Lake Shore Bancorp Inc Stock Forecast & Price Prediction

Live Lake Shore Bancorp Inc Stock (LSBK) Price
$13.67

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$13.67

P/E Ratio

18.23

Volume Traded Today

$300

Dividend

$0.18

52 Week High/low

14.21/10.30

Lake Shore Bancorp Inc Market Cap

$78.4M

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LSBK Summary

Based on ratings from 0 stock analysts, the Lake Shore Bancorp Inc stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Lake Shore Bancorp Inc. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

LSBK Analyst Ratings

LSBK is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end LSBK is forecasted to be $ by from .

LSBK stock forecast by analyst

These are the latest 20 analyst ratings of LSBK.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

LSBK Company Information

What They Do: Provides banking products and services in New York.

Business Model: The company operates as a savings and loan holding company, generating revenue primarily through a diverse range of deposit products and a robust loan portfolio that includes commercial real estate loans, residential mortgages, and consumer loans. It also offers additional financial services such as debit and credit cards, online banking, and various account types for both individuals and businesses.

Other Information: Founded in 1891 and headquartered in Dunkirk, New York, the company is a subsidiary of Lake Shore, MHC. Its long-standing presence in the community and comprehensive banking services position it well within the regional market.
LSBK
Lake Shore Bancorp Inc (LSBK)

When did it IPO

2006

Staff Count

115

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Kim C. Liddell

Market Cap

$78.4M

Lake Shore Bancorp Inc (LSBK) Financial Data

In 2023, LSBK generated $27.0M in revenue, which was a decrease of -0.18% from the previous year. This can be seen as a signal that LSBK's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$22.9M

Revenue From 2021

$25.2M

9.85 %
From Previous Year

Revenue From 2022

$27.0M

7.39 %
From Previous Year

Revenue From 2023

$27.0M

-0.18 %
From Previous Year
  • Revenue TTM $25.3M
  • Operating Margin TTM 24.8%
  • Gross profit TTM $0
  • Return on assets TTM 0.6%
  • Return on equity TTM 4.9%
  • Profit Margin 16.6%
  • Book Value Per Share 15.93%
  • Market capitalisation $78.4M
  • Revenue for 2021 $25.2M
  • Revenue for 2022 $27.0M
  • Revenue for 2023 $27.0M
  • EPS this year (TTM) $0.75

Lake Shore Bancorp Inc (LSBK) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Savings Bank has received a termination notice for its Consent Order from the OCC, ending previous deficiencies in IT, security, and compliance. The bank's "Troubled Condition" status is also lifted.

Why It Matters - The termination of the Consent Order and "Troubled Condition" status signals improved regulatory standing and operational stability for Lake Shore Savings Bank, potentially boosting investor confidence and stock value.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Bancorp, Inc. (NASDAQ: LSBK) declared a cash dividend of $0.18 per share, payable on November 8, 2024, to shareholders on record by November 4, 2024. Approval received from the Federal Reserve.

Why It Matters - The declaration of a cash dividend signals financial health and stability, potentially attracting investors seeking income and confidence in the company's performance.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Bancorp reported Q3 2024 net income of $1.3 million ($0.24/share), up from Q2's $1.1 million. Year-to-date income is $3.5 million, down from $4.1 million in 2023. Organic deposits rose 2.2%.

Why It Matters - Lake Shore Bancorp's rising net income and reduced expenses indicate improved profitability, which may enhance shareholder value and attract investor interest. Organic deposit growth signals financial stability.

News Image

Wed, 31 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Bancorp, Inc. (NASDAQ: LSBK) declared a cash dividend of $0.18 per share, payable on August 16, 2024, to stockholders of record as of August 12, 2024, with Federal Reserve approval.

Why It Matters - Lake Shore Bancorp's declaration of a cash dividend signals strong financial health and confidence in future earnings, which can attract investors seeking income and stability.

News Image

Wed, 24 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Bancorp, Inc. reported Q2 2024 net income of $1.1M ($0.19/share), up from $816K ($0.14/share) in Q2 2023. H1 2024 net income declined to $2.1M from $2.5M in H1 2023.

Why It Matters - Lake Shore Bancorp's rising Q2 net income and reduced reliance on wholesale funding indicate improved financial health, potentially boosting investor confidence and stock performance.

News Image

Fri, 26 Apr 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lake Shore Bancorp, Inc. (NASDAQ: LSBK) has received approval from the Federal Reserve Bank of Philadelphia to pay a cash dividend of $0.18 per share to stockholders.

Why It Matters - Lake Shore Bancorp's approval to pay a dividend signals financial health and management confidence, potentially attracting investors seeking income and stability in their portfolios.

...

LSBK Frequently asked questions

The highest forecasted price for LSBK is $ from at .

The lowest forecasted price for LSBK is $ from from

The LSBK analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.