Lake Shore Bancorp Inc. (LSBK) Posts Quarterly Earnings Results
Lake Shore Bancorp Inc. (NASDAQ:LSBK) announced its quarterly earnings results on Tuesday. The company reported $0.13 earnings per share (EPS) for the quarter. Lake Shore Bancorp had a return on equity of 4.81% and a net margin of 21.38%.
Shares of Lake Shore Bancorp (NASDAQ:LSBK) traded down 0.21% during trading on Tuesday, reaching $14.38. The company had a trading volume of 201 shares. The firm has a 50-day moving average price of $13.46 and a 200-day moving average price of $13.39. Lake Shore Bancorp has a 52-week low of $12.97 and a 52-week high of $15.10. The company has a market capitalization of $85.00 million, a P/E ratio of 18.20 and a beta of 0.11.
In other news, Director Gary P. Winger sold 3,100 shares of Lake Shore Bancorp stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $13.26, for a total value of $41,106.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. 4.40% of the stock is owned by insiders.
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About Lake Shore Bancorp
Lake Shore Bancorp, Inc is a savings and loan holding company of Lake Shore Savings Bank (the Bank). The Bank’s loan portfolio consists of real estate loans and other loans. The real estate loans consist of residential one- to four-family, home equity, commercial and construction loans. The Bank’s other loans consists of commercial and consumer loans.
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