Lake Shore Bancorp, Inc.

NasdaqGM:LSBK Aktierapport

Börsvärde: US$123.5m

Lake Shore Bancorp Utdelningar och återköp

Utdelning kriterier kontrolleras 3/6

Lake Shore Bancorp är ett utdelningsbetalande företag med en aktuell avkastning på 2.29% som täcks väl av vinsten.

Viktig information

2.3%

Avkastning på utdelning

-35.0%

Återköpsavkastning

Total avkastning till aktieägarna-32.7%
Framtida utdelningsavkastningn/a
Utdelningstillväxt4.0%
Nästa utbetalningsdag för utdelningn/a
Ex utdelningsdagn/a
Utdelning per aktien/a
Utdelningsandel33%

Senaste utdelnings- och återköpsuppdateringar

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.
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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...
Analysartikel • 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...

Stabilitet och tillväxt i betalningar

Hämta utdelningsdata

Stabil utdelning: LSBK s utdelningsbetalningar har varit volatila under de senaste 10 åren.

Växande utdelning: LSBK s utdelningsbetalningar har ökat under de senaste 10 åren.

Utdelningsavkastning jämfört med marknaden

Lake Shore Bancorp Utdelningsavkastning jämfört med marknaden
Hur är LSBK:s direktavkastning jämfört med marknaden?
SegmentUtdelningsavkastning
Företag (LSBK)2.3%
Marknadens lägsta 25% (US)1.4%
Marknad Topp 25% (US)4.2%
Genomsnitt för branschen (Banks)2.4%
Prognosanalytiker (LSBK) (upp till 3 år)n/a

Anmärkningsvärd utdelning: LSBK s utdelning ( 2.29% ) är högre än de 25 % lägre utdelningsbetalarna på US marknaden ( 1.41% ).

Hög utdelning: LSBK s utdelning ( 2.29% ) är låg jämfört med de översta 25 % av utdelningsbetalarna på US marknaden ( 4.24% ).

Aktuell utdelning till aktieägarna

Resultattäckning: Med sin rimligt låga utbetalningskvot ( 33.1% ), täcks LSBK s utdelningsbetalningar väl av intäkter.

Framtida utbetalning till aktieägarna

Framtida utdelningstäckning: Otillräckliga uppgifter för att avgöra om en utdelning kommer att betalas ut om 3 år eller att den kommer att täckas av vinsten.

Upptäck bolag med stark utdelning

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Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/24 16:21
Aktiekurs vid dagens slut2026/05/22 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Lake Shore Bancorp, Inc. bevakas av 0 analytiker. 0 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.