Lnb Bancorp (LNBB) Announces Quarterly Results
Lnb Bancorp (NASDAQ:LNBB) posted its quarterly earnings results on Thursday. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.04, AnalystRatingsNetwork reports.
On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Lnb Bancorp from $8.50 to $9.50 in a research note to investors on Monday, July 29th.
Shares of Lnb Bancorp (NASDAQ:LNBB) traded down 1.04% during mid-day trading on Thursday, hitting $9.8663. 502 shares of the company’s stock traded hands. Lnb Bancorp has a 52-week low of $5.78 and a 52-week high of $10.00. The stock’s 50-day moving average is $9.59 and its 200-day moving average is $8.92. The company has a market cap of $91.8 million and a price-to-earnings ratio of 16.37.
LNB Bancorp, Inc is a diversified banking services company. The Company engages in lending and depository services, investment and brokerage services, and other traditional banking services.
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