Lake Shore Bancorp, Inc. (LSBK) Position Maintained by Minerva Advisors LLC
Minerva Advisors LLC held its stake in Lake Shore Bancorp, Inc. (NASDAQ:LSBK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,669 shares of the savings and loans company’s stock at the end of the second quarter. Minerva Advisors LLC’s holdings in Lake Shore Bancorp were worth $466,000 at the end of the most recent reporting period.
Shares of Lake Shore Bancorp, Inc. (LSBK) opened at 15.75 on Monday. The firm has a market cap of $94.66 million, a price-to-earnings ratio of 35.39 and a beta of -0.03. Lake Shore Bancorp, Inc. has a 12-month low of $13.08 and a 12-month high of $16.59. The company has a 50 day moving average of $15.76 and a 200-day moving average of $15.73.
Lake Shore Bancorp (NASDAQ:LSBK) last posted its quarterly earnings data on Wednesday, July 26th. The savings and loans company reported $0.19 EPS for the quarter. Lake Shore Bancorp had a net margin of 13.10% and a return on equity of 3.59%. The business had revenue of $4.96 million for the quarter.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 24th. Investors of record on Thursday, August 10th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.03%. The ex-dividend date is Tuesday, August 8th. Lake Shore Bancorp’s payout ratio is currently 69.57%.
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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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