Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $13.36 USD
Change Today -0.115 / -0.85%
Volume 200.0
LSBK On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GM
As of 5:20 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

lake shore bancorp inc (LSBK) Snapshot

Open
$13.36
Previous Close
$13.47
Day High
$13.36
Day Low
$13.36
52 Week High
06/16/15 - $15.85
52 Week Low
08/1/14 - $11.95
Market Cap
80.0M
Average Volume 10 Days
10.7K
EPS TTM
$0.54
Shares Outstanding
6.0M
EX-Date
05/6/15
P/E TM
24.8x
Dividend
$0.28
Dividend Yield
2.10%
Current Stock Chart for LAKE SHORE BANCORP INC (LSBK)

Related News

No related news articles were found.

lake shore bancorp inc (LSBK) Related Businessweek News

No Related Businessweek News Found

lake shore bancorp inc (LSBK) Details

Lake Shore Bancorp, Inc. operates as the holding company for Lake Shore Savings Bank that provides retail and commercial banking products and services. It offers various deposit products, including regular savings deposits, such as Christmas club, passbook, and statement savings accounts; money market accounts; interest bearing and non-interest bearing checking accounts; health savings accounts; retirement accounts; time deposits; and interest on lawyer accounts, as well as accounts for individuals, and checking accounts for businesses. The company’s loan portfolio includes one-to four-family residential mortgage lending, commercial real estate loans, home equity lines of credit, construction loans, business installment loans, lines of credit, and other commercial loans; consumer loans, such as personal consumer loans, overdraft lines of credit, vehicle loans, motorcycle loans, secured and unsecured property improvement loans, and other secured and unsecured loans. As of April 29, 2015, it had 11 full-service branches in Western 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.

110 Employees
Last Reported Date: 03/27/15
Founded in 1891

lake shore bancorp inc (LSBK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $267.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $165.5K
Internal Auditor
Total Annual Compensation: $112.0K
Compensation as of Fiscal Year 2014.

lake shore bancorp inc (LSBK) Key Developments

Lake Shore Bancorp Inc. Declares Cash Dividend, Payable on May 22, 2015

Lake Shore Bancorp Inc.'s Board of Directors approved a $0.07 per share cash dividend on the company's common stock, payable on May 22, 2015, to shareholders of record as of May 8, 2015.

Lake Shore Bancorp Inc. Declares Quarterly Cash Dividend, Payable on May 22, 2015; Reports Unaudited Earnings Result for the First Quarter Ended March 31, 2015

Lake Shore Bancorp Inc. declared a quarterly cash dividend of $0.07 per share on its outstanding common stock. The dividend is payable on May 22, 2015 to shareholders of record as of May 8, 2015. The company reported unaudited earnings result for the first quarter ended March 31, 2015. The company announced first quarter 2015 net income of $0.6 million, or $0.10 per diluted share, compared to net income of $0.8 million, or $0.14 per diluted share, for the first quarter of 2014. The decrease in first quarter 2015 net income over the same period in the prior year was primarily driven by a decrease in net interest income, an increase in non-interest expense, an increase in income tax expense resulting from changes to the New York State bank franchise tax, and an increase in provision for loan losses, partially offset by increased non-interest income. The impact of the change in the state tax laws resulted in a one-time tax expense of $128,000 being recorded during the current quarter, which was partially offset by a decrease in taxable income. First quarter 2015 net interest income was $3.6 million, compared with net interest income of $3.7 million for first quarter 2014. Interest income for first quarter 2015 was $4.4 million, a decline of $0.1 million compared to the prior year quarter. The decline was primarily a result of a $0.2 million reduction in interest earned on investment securities reflecting a $20.5 million decrease in the average balance of the securities portfolio since March 31, 2014. Return on average assets was 0.47% against 0.64% a year ago. Return on average equity was 3.14% against 4.64% reported a year ago.

Lake Shore Bancorp Inc., Annual General Meeting, May 20, 2015

Lake Shore Bancorp Inc., Annual General Meeting, May 20, 2015., at 08:30 US Eastern Standard Time. Location: The Lighthouse Room of the Clarion Hotel. Agenda: To elect three Class One directors to serve for a three-year term expiring at the 2018 annual meeting of shareholders; to approve, on an advisory basis, a non-binding resolution regarding the compensation of the company’s named executive officers; to ratify the appointment of Baker Tilly Virchow Krause, LLP as the company’s independent registered public accounting firm for the year ending December 31, 2015; and to transact such other business as may properly come before the annual meeting, and any adjournment or postponement thereof.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LSBK:US $13.36 USD -0.115

LSBK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bancorp of New Jersey Inc $11.25 USD -0.15
Calvin B Taylor Bankshares Inc $27.50 USD 0.00
Commercial National Financial Corp/PA $24.50 USD +0.90
Embassy Bancorp Inc $10.53 USD 0.00
Juniata Valley Financial Corp $19.45 USD +0.55
View Industry Companies
 

Industry Analysis

LSBK

Industry Average

Valuation LSBK Industry Range
Price/Earnings 26.5x
Price/Sales 4.8x
Price/Book 1.1x
Price/Cash Flow 27.3x
TEV/Sales 1.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LAKE SHORE BANCORP INC, please visit www.lakeshoresavings.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.