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Lake Shore Bancorp, Inc.NasdaqGM:LSBK 株式レポート

時価総額 US$123.7m
株価
US$15.71
US$7.63
105.7% 割高 内在価値ディスカウント
1Y39.8%
7D-0.5%
1D
ポートフォリオ価値
​
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Lake Shore Bancorp, Inc.

NasdaqGM:LSBK 株式レポート

時価総額：US$123.7m

Lake Shore Bancorp（LSBK）株式概要

レイクショア・バンコープは、ニューヨークで銀行商品・サービスを提供するレイクショア・バンクの銀行持株会社として運営されている。 詳細

LSBK ファンダメンタル分析
スノーフレーク・スコア
評価0/6
将来の成長0/6
過去の実績5/6
財務の健全性6/6
配当金3/6

報酬

株価収益率（ 15.2 x） US市場（ 18.6 x）を下回っています。

過去1年間で収益は63.6%増加しました

リスク分析

不安定な配当実績


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Lake Shore Bancorp, Inc. 競合他社

価格と性能

株価の高値、安値、推移の概要Lake Shore Bancorp
過去の株価
現在の株価US$15.71
52週高値US$16.28
52週安値US$11.19
ベータ0.32
1ヶ月の変化-1.54%
3ヶ月変化1.00%
1年変化39.81%
3年間の変化87.81%
5年間の変化41.86%
IPOからの変化98.87%

最新ニュース

Seeking Alpha • Apr 10

Even After Recent Gains, The Valuation Is Still Compelling For Lake Shore Bancorp

Summary Lake Shore Bancorp remains a Buy, driven by strong 2025 earnings, improved margins, and a compelling valuation below tangible book value. LSBK ended 2025 with a record net income of $7.3 million and a 56.4% increase in tangible book value per share to $18.10. Key operational improvements include a 52 bps net interest margin expansion, efficiency ratio gains, reduced borrowings, and nonperforming assets at just 0.23%. Risks include geographic concentration, CRE exposure, micro-cap liquidity, and a short public track record, but 2026 prospects remain positive ahead of Q1 earnings. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Apr 10

Even After Recent Gains, The Valuation Is Still Compelling For Lake Shore Bancorp

Summary Lake Shore Bancorp remains a Buy, driven by strong 2025 earnings, improved margins, and a compelling valuation below tangible book value. LSBK ended 2025 with a record net income of $7.3 million and a 56.4% increase in tangible book value per share to $18.10. Key operational improvements include a 52 bps net interest margin expansion, efficiency ratio gains, reduced borrowings, and nonperforming assets at just 0.23%. Risks include geographic concentration, CRE exposure, micro-cap liquidity, and a short public track record, but 2026 prospects remain positive ahead of Q1 earnings. Read the full article on Seeking Alpha
Seeking Alpha • Oct 20

Lake Shore Bancorp: Attractive Dividend Yield, Payout Appears Secure Due To The Earnings Outlook

Summary The top line is moderately rate sensitive. Therefore, the rising rate environment will lift the margin and support earnings. Loan growth will likely remain at a satisfactory level thanks to New York’s economic activity. LSBK is offering a high dividend yield of over 5%. The dividend appears secure due to a positive earnings outlook for next year and adequate capitalization. The December 2022 target price suggests a high upside from the current market price. Earnings of Lake Shore Bancorp, Inc. (LSBK) will likely stay flattish this year and then grow at a healthy rate next year. Moderate loan growth and margin expansion will likely sustain earnings through the end of 2023. I'm expecting Lake Shore Bancorp to report earnings of $1.02 per share for 2022 and $1.17 per share for 2023. The year-end target price suggests a high upside from the current market price. Further, Lake Shore Bancorp is offering an attractive dividend yield. Based on the total expected return, I'm adopting a buy rating on Lake Shore Bancorp. New York's Economy to Sustain Loan Growth Lake Shore Bancorp's loan book grew by 5.8% during the first half of the year (11.6% annualized) which is quite good from a historical perspective. I'm expecting loan growth rate to be lower in the second half of the year compared to both the first half of 2022 and previous years. This is because interest rates are currently at the highest level since 2008. High borrowing costs are bound to dampen credit demand. However, strength in other economic factors can keep loan growth at a satisfactory level. Lake Shore Bancorp operates in the Chautauqua and Erie counties of Western New York. Excluding New York City, the state's economy is currently in very good shape. The unemployment rate is near record lows and below the national average, as shown below. Data by YCharts Further, the economic activity is recovering at a good pace compared to the past, as shown below. The Federal Reserve Bank of Philadelphia Considering these factors, I'm expecting the loan portfolio to grow by 1.25% every quarter till the end of 2023. This is at the lower end of the historical growth rate trend. Securities, Adjustable-Rate Deposits to Restrict Margin Expansion Lake Shore Bancorp’s deposit cost is quite rate sensitive because of the large balance of deposits with adjustable rates. These deposits, namely interest-bearing demand, NOW, money market, and savings accounts made up 56% of total deposits during the second quarter of 2022, according to details given in the 10-Q Filing. The large balance of debt securities will further hold back margin expansion as most securities are based on fixed rates. Securities made up 12% of total earning assets at the end of June 2022. Historically, Lake Shore Bancorp's margin has been only slightly correlated with interest rates, as shown below. SEC Filings, The Federal Reserve Bank of St. Louis Considering these factors, I'm expecting the margin to grow by 30 basis points in the second half of 2022 and 10 basis points in 2023. Earnings Likely to be Flattish this Year Before Surging Next Year The anticipated loan growth and margin expansion will support earnings through the end of 2023. On the other hand, an inflation-driven surge in salary and other non-interest expenses will drag earnings. Meanwhile, I'm expecting the provision expense to make up around 0.14% of total loans (annualized) in every quarter till the end of 2023, which is the same as the as the average from 2017 to 2019. Overall, I'm expecting Lake Shore Bancorp to report earnings of $1.02 per share for 2022, down by just 3% year-over-year. For 2023, I'm expecting earnings to grow by 15% to $1.17 per share. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 18 19 20 22 24 28 Provision for loan losses 0 1 2 1 1 1 Non-interest income 2 2 3 3 3 3 Non-interest expense 15 16 16 17 19 21 Net income - Common Sh. 4 4 5 6 6 7 EPS - Diluted ($) 0.66 0.68 0.77 1.05 1.02 1.17 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified) Actual earnings may differ materially from estimates because of the risks and uncertainties related to inflation, and consequently the timing and magnitude of interest rate hikes. Further, a stronger or longer-than-anticipated recession can increase the provisioning for expected loan losses beyond my estimates. Future Equity Book Value Erosion to Hurt Market Valuation Lake Shore Bancorp's equity book value has dropped by 8% during the first half of the year mostly because of the accumulation of unrealized losses on the available-for-sale (“AFS”) securities portfolio. As interest rates surged, the market value of fixed-rate AFS securities plunged, leading to unrealized losses. These losses reduced the equity book value after bypassing the income statement. Further equity book value attrition is likely because of the 150 basis points hike in fed funds rate during the third quarter and the expectation of further rate hikes through 2023. Overall, I'm expecting the equity book value to drop by 6% in the second half of 2022 due to the mark-to-market losses. The drop in equity book value will hurt Lake Shore Bancorp’s market value, as discussed below. The following table shows my balance sheet estimates.
Seeking Alpha • Jul 20

Lake Shore Bancorp raises dividend by 12.5% to $0.18/share

Lake Shore Bancorp (NASDAQ:LSBK) declares $0.18/share quarterly dividend, 12.5% increase from prior dividend of $0.16. Forward yield 5.2% Payable Aug. 19; for shareholders of record Aug. 2; ex-div Aug. 1. See LSBK Dividend Scorecard, Yield Chart, & Dividend Growth.
分析記事 • Feb 15

Lake Shore Bancorp (NASDAQ:LSBK) Is Increasing Its Dividend To US$0.16

The board of Lake Shore Bancorp, Inc. ( NASDAQ:LSBK ) has announced that it will be increasing its dividend on the 17th...
分析記事 • May 13

Shareholders May Not Be So Generous With Lake Shore Bancorp, Inc.'s (NASDAQ:LSBK) CEO Compensation And Here's Why

In the past three years, the share price of Lake Shore Bancorp, Inc. ( NASDAQ:LSBK ) has struggled to generate growth...
分析記事 • Mar 29

Is Lake Shore Bancorp, Inc. (NASDAQ:LSBK) A Great Dividend Stock?

Dividend paying stocks like Lake Shore Bancorp, Inc. ( NASDAQ:LSBK ) tend to be popular with investors, and for good...
分析記事 • Feb 20

Lake Shore Bancorp, Inc. (NASDAQ:LSBK) Pays A US$0.13 Dividend In Just Four Days

It looks like Lake Shore Bancorp, Inc. ( NASDAQ:LSBK ) is about to go ex-dividend in the next 4 days. Investors can...
分析記事 • Jan 27

A Look At Lake Shore Bancorp's (NASDAQ:LSBK) Share Price Returns

For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
分析記事 • Dec 05

Is Lake Shore Bancorp, Inc. (NASDAQ:LSBK) A Smart Pick For Income Investors?

Is Lake Shore Bancorp, Inc. ( NASDAQ:LSBK ) a good dividend stock? How can we tell? Dividend paying companies with...

株主還元

LSBKUS BanksUS 市場
7D-0.5%1.9%-0.8%
1Y39.8%21.3%27.1%

業界別リターン: LSBK過去 1 年間で21.3 % の収益を上げたUS Banks業界を上回りました。

リターン対市場: LSBK過去 1 年間で27.1 % の収益を上げたUS市場を上回りました。

価格変動

Is LSBK's price volatile compared to industry and market?
LSBK volatility
LSBK Average Weekly Movement2.2%
Banks Industry Average Movement3.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.2%

安定した株価: LSBK 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。

時間の経過による変動: LSBKの 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。

会社概要

設立従業員CEO（最高経営責任者ウェブサイト
189193Kim Liddellmylsbank.com

レイクショア・バンコープはレイクショア・バンクの銀行持株会社で、 ニューヨークで銀行商品・サービスを提供している。クリスマス・クラブやステートメント・セービング口座などの普通預金、NOW口座、マネーマーケット・セービング口座、当座預金、要求払い預金などの有利子・無利子当座預金、ヘルス・セービング口座、リタイヤメント口座、定期預金、弁護士口座の利息、個人向け口座、中小企業向けの商業用普通預金、当座預金、マネーマーケット口座など、さまざまな預金商品を取り扱っている。ローン・ポートフォリオは、商業用不動産ローン、商業用建設ローン、ホーム・エクイティ・ローンおよびクレジット・ライン、事業用割賦ローン、クレジット・ライン、その他の商業用ローンで構成される商業用ビジネス・ローン、1～4世帯住宅ローン、個人向け無担保消費者ローン、当座貸越枠、車両ローン、有担保ローン、無担保ローン、不動産改良ローンなどの消費者ローン、ならびに譲渡性預金担保ローンで構成されている。さらに、デビットカード、クレジットカード、モバイル・バンキング、オンライン・バンキング、ダイレクト・デポジット、貸金庫、当座貸越防止、電信サービス、公証サービス、為替、ダイレクト・アクセス・サービス・ホットライン（DASH）、Eサービスも提供している。は1891 年に設立され、ニューヨーク州ダンカークに本社を置く。

Lake Shore Bancorp, Inc. 基礎のまとめ

Lake Shore Bancorp の収益と売上を時価総額と比較するとどうか。
LSBK 基礎統計学
時価総額US$123.69m
収益（TTM）US$8.14m
売上高(TTM)US$29.35m
15.2x
PER（株価収益率
0.9x
PBR（株価純資産倍率

LSBK は割高か？

公正価値と評価分析を参照

収益と収入

最新の決算報告書（TTM）に基づく主な収益性統計
LSBK 損益計算書（TTM）
収益US$29.35m
売上原価US$0
売上総利益US$29.35m
その他の費用US$21.22m
収益US$8.14m

直近の収益報告

Mar 31, 2026

次回決算日

該当なし

一株当たり利益（EPS）1.03
グロス・マージン100.00%
純利益率27.71%
有利子負債／自己資本比率0%

LSBK の長期的なパフォーマンスは？

過去の実績と比較を見る

配当金

2.3%
現在の配当利回り
33%
配当性向

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/21 04:43
終値2026/05/21 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Lake Shore Bancorp, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0