First Manhattan Co. maintained its position in Lake Shore Bancorp, Inc. (NASDAQ:LSBK) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,000 shares of the savings and loans company’s stock at the end of the second quarter. First Manhattan Co.’s holdings in Lake Shore Bancorp were worth $315,000 at the end of the most recent reporting period.

Lake Shore Bancorp, Inc. (NASDAQ LSBK) opened at 15.7236 on Thursday. The company has a market cap of $94.50 million, a P/E ratio of 35.3339 and a beta of -0.03. The stock has a 50 day moving average price of $15.76 and a 200 day moving average price of $15.72. Lake Shore Bancorp, Inc. has a 1-year low of $13.08 and a 1-year high of $16.59.

Lake Shore Bancorp (NASDAQ:LSBK) last issued its quarterly earnings results on Wednesday, July 26th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $4.96 million for the quarter. Lake Shore Bancorp had a return on equity of 3.59% and a net margin of 13.10%.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $0.32 dividend on an annualized basis and a yield of 2.04%. Lake Shore Bancorp’s dividend payout ratio is currently 69.57%.

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Lake Shore Bancorp Company Profile

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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