Ultime notizie per Lake Shore Bancorp (NASDAQ:LSBK) Azioni

Lake Shore Bancorp

Lake Shore Bancorp Inc operates as a savings and loan holdings company. The bank's business consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, in commercial real estate loans, one-to-four family residential mortgage loans, home equity lines of credit and to a lesser extent, commercial business loans, consumer loans, and investment securities. Its revenues are principally derived from interest earned on loans and investment securities.

Lake Shore Bancorp Inc

Lake Shore Bancorp, Inc. ("Lake Shore Federal Bancorp") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>), the holding company for Lake Shore Savings Bank (the "Bank"), announced today that Lake Shore Bancorp, Inc. ("Lake Shore Bancorp"), a newly formed Maryland corporation and the proposed successor holding company of the Bank, is commencing its offering of common stock in connection with the proposed conversion of Lake Shore, MHC from a mutual holding company to a stock holding company. As part of the conversion, the Bank will convert its charter to a New York commercial bank and will be renamed Lake Shore Bank.
Lake Shore Bancorp is offering for sale up to 5,750,000 shares of its common stock (subject to increase to up to 6,612,500 shares) at a purchase price of $10.00 per share. The shares will be offered for sale to eligible depositors of the Bank and to its employee stock ownership plan. Any shares of common stock not subscribed for in the subscription offering may be offered for sale in a community offering, with a first preference given to natural persons (including trusts of natural persons) residing in the New York counties of Chautauqua, Erie and Cattaraugus and a second preference given to public stockholders of Lake Shore Federal Bancorp as of the close of business on May 5, 2025 and then to the general public.
All questions concerning the conversion and stock offering or requests for stock offering materials should be directed to the Stock Information Center at (800) 552-2535 (toll-free). The Stock Information Center will be open Monday through Friday between 10:00 a.m. and 4:00 p.m., Eastern Time, beginning on May 27, 2025 and through June 24, 2025, the scheduled expiration date of the subscription offering. The Stock Information Center will be closed on bank holidays.
Lake Shore Bancorp must sell at least 4,250,000 shares of its common stock in the stock offering in order to complete the conversion and stock offering. Completion of the conversion and stock offering is also subject to the receipt of final regulatory approvals, the approvals of the stockholders of Lake Shore Federal Bancorp and the members of Lake Shore, MHC, and other customary closing conditions.

News

Offerings

LSBK

Lake Shore Bancorp Announces It Is Offering UP To 5.75M Shares Of Its Common Stock At A Purchase Price Of $10.00 Per Share

<h3>Gainers</h3>
<ul>
<li>Acadian Asset Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAMI#NYSE">AAMI</a>) stock rose 18.4% to $29.99 during Thursday's pre-market session. The market value of their outstanding shares is at $1.1 billion. </li>
<li>Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) stock moved upwards by 11.86% to $14.99. The company's market cap stands at $85.9 million. As per the news, the Q4 earnings report came out 4 days ago. </li>
<li>Rithm Property (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPT#NYSE">RPT</a>) stock increased by 10.13% to $3.15. The company's market cap stands at $143.0 million. </li>
<li>Lazard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAZ#NYSE">LAZ</a>) shares moved upwards by 10.01% to $58.0. The market value of their outstanding shares is at $5.2 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Highest Performances (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPH#NASDAQ">HPH</a>) shares increased by 9.86% to $0.27. The market value of their outstanding shares is at $66.3 million. </li>
<li>Flagstar Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>) shares increased by 9.47% to $10.51. The company's market cap stands at $4.3 billion. As per the press release, Q4 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>B. Riley Financial, Inc. - 5.00% Senior Notes due 2026 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILYG#NASDAQ">RILYG</a>) shares fell 56.4% to $5.02 during Thursday's pre-market session. </li>
<li>Coincheck Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNCK#NASDAQ">CNCK</a>) shares fell 17.75% to $7.0. The company's market cap stands at $907.9 million. </li>
<li>Eason Technology (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/DXF#AMEX">DXF</a>) shares decreased by 10.5% to $20.56. The company's market cap stands at $4.7 million. </li>
<li>First Northwest Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNWB#NASDAQ">FNWB</a>) shares declined by 8.16% to $9.8. The company's market cap stands at $86.3 million. The company's, Q4 earnings came out yesterday. </li>
<li>DigiAsia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAAS#NASDAQ">FAAS</a>) shares decreased by 7.41% to $0.5. The company's market cap stands at $30.3 million. </li>
<li>mF International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFI#NASDAQ">MFI</a>) stock declined by 6.55% to $0.7. The company's market cap stands at $9.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-financial-services-stocks/" title="www.benzinga.com/money/best-financial-services-stocks/">www.benzinga.com/money/best-financial-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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RILYG

12 Financials Stocks Moving In Thursday's Pre-Market Session

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.26 per share. This is a 100 percent increase over earnings of $0.13 per share from the same period last year.

Earnings

Lake Shore Bancorp Q4 EPS $0.26 Up From $0.13 YoY

Lake Shore Savings Bank Q3 2024 Total Revenue $6.2M; GAAP EPS $0.24 Per Share Vs $0.27 YoY

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.19 per share. This is a 35.71 percent increase over earnings of $0.14 per share from the same period last year. The company reported $5.94 million in sales this quarter. This is a 12.16 percent decrease over sales of $6.77 million the same period last year.

Reported Wednesday, Lake Shore Bancorp Q2 EPS $0.19 Up From $0.14 YoY, Sales $5.94M Down From $6.77M YoY

Although U.S. stocks closed higher on Monday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Lake Shore Bancorp</h3>
<ul>
<li>The Trade: Lake Shore Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) Director Kevin M. Sanvidge <a href="https://www.benzinga.com/quote/LSBK/analyst-ratings">acquired a total of 3,000 shares</a> an average price of $10.81. To acquire these shares, it cost around $32,442..</li>
<li>What's Happening: On April 22, Lake Shore Bancorp posted a decline in quarterly EPS.</li>
<li>What Lake Shore Bancorp Does: Lake Shore Bancorp Inc operates as a savings and loan holdings company.</li>
</ul>
<h3 class="wp-block-heading">Auburn National Bancorporation</h3>
<ul>
<li>The Trade: Auburn National Bancorporation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUBN#NASDAQ">AUBN</a>) President/CEO David A Hedges acquired a total of 10,000 shares at an average price of $17.60. To acquire these shares, it cost around $176,000.</li>
<li>What's Happening: On April 24, Auburn National Bancorporation posted a decline in quarterly sales.</li>
<li>What Auburn National Bancorporation Does: Auburn National Bancorp Inc operates as a bank holding company, which offers checking, savings, transaction deposit accounts and certificates of deposit, and is an active residential mortgage lender in its primary service area.</li>
</ul>
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">Abrdn Life Sciences Investors</h3>
<ul>
<li>The Trade: Abrdn Life Sciences Investors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HQL#NYSE">HQL</a>) 10% owner Boaz Weinstein <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 120,304 shares</a> at an average price of $13.00. To acquire these shares, it cost around $1.56 million.</li>
<li>What's Happening: The company's stock gained around 13% over the past six months.</li>
<li>What Abrdn Life Sciences Investors Does: abrdn Life Sciences Investors operates as a non-diversified closed-end management investment company.</li>
</ul>
Now Read this: <a href="https://www.benzinga.com/news/earnings/24/04/38509641/mcdonalds-likely-to-report-higher-q1-earnings-here-are-the-recent-forecast-changes-from-wall-street">McDonald&#8217;s Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a>

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Around $1.5M Bet On Abrdn Life Sciences Investors? Check Out These 3 Stocks Insiders Are Buying

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.17 per share. This is a 41.38 percent decrease over earnings of $0.29 per share from the same period last year.

Lake Shore Bancorp Q1 EPS $0.17 Down From $0.29 YoY

Lake Shore Bancorp Q4 2023 Adj. EPS $0.13 Down From $0.20 YoY

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.27 per share. This is a 10 percent decrease over earnings of $0.30 per share from the same period last year. The company reported $6.90 million in sales this quarter. This is a 1.61 percent decrease over sales of $7.01 million the same period last year.

Lake Shore Bancorp Q3 EPS $0.27 Down From $0.30 YoY, Sales $6.90M Down From $7.01M YoY

Management

Lake Shore Bancorp Appoints Taylor Gilden As Chief Financial Officer; Names Rachel Foley Chief Operating Officer

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.14 per share. This is a 51.72 percent decrease over earnings of $0.29 per share from the same period last year. The company reported $6.77 million in sales this quarter. This is a 1.03 percent increase over sales of $6.70 million the same period last year.

Lake Shore Bancorp Q2 EPS $0.14 Down From $0.29 YoY, Sales $6.77M Up From $6.70M YoY

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.29 per share. This is a 61.11 percent increase over earnings of $0.18 per share from the same period last year.

Lake Shore Bancorp Q1 EPS $0.29 Up From $0.18 YoY

Lake Shore Bancorp Says On March 6, Co. Announced That Daniel P. Reininga, President, CEO And Director Of Co. To Retire From All Positions Effective March 10

Dividends

Lake Shore Bancorp says On Feb. 15, 2023 Board Suspended Quarterly Dividend Payment To Co.'s Shareholders To Focus Capital Resources On Addressing Operational, Compliance And Governance Deficiencies

<a href="https://www.sec.gov/Archives/edgar/data/1341318/000134131822000075/lsbk-20221128xex99_1.htm" title="https://www.sec.gov/Archives/edgar/data/1341318/000134131822000075/lsbk-20221128xex99_1.htm">https://www.sec.gov/Archives/edgar/data/1341318/000134131822000075/lsbk-20221128xex99_1.htm</a>

Lake Shore Bancorp Names New COO

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.30 per share. This is a 3.45 percent increase over earnings of $0.29 per share from the same period last year.

Lake Shore Bancorp Q3 EPS $0.30 Up From $0.29 YoY

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.29 per share. This is a 70.59 percent increase over earnings of $0.17 per share from the same period last year.

Lake Shore Bancorp Q2 EPS $0.29 Up From $0.17 YoY

Tuesday marks the last chance for investors to receive the next dividend payout from Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of $0.16 per share. On Wednesday, Lake Shore Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.16 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own LSBK as of the end of Tuesday's session are eligible to receive the $0.16 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 17, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Lake Shore Bancorp <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Lake Shore Bancorp: Dividend Insights

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.31 per share. This is a 47.62 percent increase over earnings of $0.21 per share from the same period last year.

Lake Shore Bancorp Q4 EPS $0.31 Up From $0.21 YoY

Lake Shore Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSBK#NASDAQ">LSBK</a>) reported quarterly earnings of $0.29 per share. This is a 38.1 percent increase over earnings of $0.21 per share from the same period last year.

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Ultime notizie per Lake Shore Bancorp (NASDAQ:LSBK) Azioni

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