Lake Shore Bancorp Third Quarter 2024 Earnings: EPS: US$0.24 (vs US$0.27 in 3Q 2023)

Simply Wall St

October 25, 2024

Lake Shore Bancorp (NASDAQ:LSBK) Third Quarter 2024 Results

Key Financial Results

Revenue: US$6.40m (down 9.8% from 3Q 2023).
Net income: US$1.33m (down 15% from 3Q 2023).
Profit margin: 21% (down from 22% in 3Q 2023). The decrease in margin was driven by lower revenue.
EPS: US$0.24 (down from US$0.27 in 3Q 2023).

earnings-and-revenue-history — NasdaqGM:LSBK Earnings and Revenue History October 25th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lake Shore Bancorp's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Lake Shore Bancorp you should know about.

If you're looking to trade Lake Shore Bancorp, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.