Welcome to our dedicated page for Lake Shore Bncop news (Ticker: LSBK), a resource for investors and traders seeking the latest updates and insights on Lake Shore Bncop stock.
Lake Shore Bancorp, Inc. reports developments tied to its role as the holding company for Lake Shore Bank, a New York chartered, community-oriented bank serving Western New York through ten full-service branches. News commonly covers quarterly financial results, net interest income and margin trends, retail and commercial loan and deposit activity, dividends on common stock, and balance-sheet management.
Company updates also include capital actions related to the completed conversion of Lake Shore, MHC from mutual to stock form, the related stock offering, and the Bank's conversion from a federal savings bank to a New York chartered commercial bank.
Lake Shore Bancorp (NASDAQ: LSBK) reported Q1 2026 net income of $1.9 million ($0.26 diluted EPS), up 81.9% vs Q1 2025. Net interest income rose 21.9% and net interest margin improved to 4.02%. Efficiency ratio improved to 69.58% and the bank remains well capitalized.
Total assets were $722.0 million and tangible book value per share was $18.11 at March 31, 2026.
Lake Shore Bancorp (NASDAQ: LSBK) announced a $0.09 per share cash dividend declared by its Board of Directors on January 21, 2026.
The dividend is expected to be paid on February 11, 2026 to stockholders of record as of February 2, 2026. Lake Shore Bancorp is the holding company for Lake Shore Bank, a New York‑chartered community bank headquartered in Dunkirk with ten full‑service branches across Western New York.
Lake Shore Bancorp (NASDAQ: LSBK) reported record 2025 results with net income $7.3M ($0.97 diluted) versus $4.9M ($0.65) in 2024 and Q4 2025 net income of $1.9M ($0.26) versus $1.5M ($0.19) a year earlier. Net interest margin rose to 3.73% for 2025 (3.85% in Q4). Efficiency improved to 69.21%. The company repaid $10.3M of borrowings, reduced non-performing assets to 0.23% of assets, and grew book value per share 56.4% to $18.10 at Dec 31, 2025.
Lake Shore Bancorp (NASDAQ: LSBK) announced a cash dividend of $0.09 per share declared by the Board on October 22, 2025. The dividend is expected to be paid on November 12, 2025 to shareholders of record as of November 3, 2025.
Lake Shore Bancorp is the holding company for Lake Shore Bank, a New York-chartered community bank headquartered in Dunkirk with ten full-service branches across Western New York. The release also includes customary forward-looking statement disclosures and a reminder that dividend policy may change.
Lake Shore Bancorp (NASDAQ: LSBK) reported third-quarter 2025 unaudited net income of $2.4M ($0.32 diluted) versus $1.3M ($0.18) in Q3 2024, and $5.3M ($0.70) for the first nine months of 2025 versus $3.5M ($0.46) a year earlier. Results improved from higher net interest income and non-interest income, and a narrower provision for credit losses.
Key metrics: net interest margin 3.72% (+44 bps YoY), book value per share $17.80 (+53.9% vs Dec 31, 2024), non-performing assets 0.25% of assets, Tier 1 leverage 16.34%, and repayment of $8.3M FHLBNY borrowings (outstanding $2.0M at 9/30/25).
Lake Shore Bancorp (NASDAQ: LSBK), the holding company for Lake Shore Bank, has announced a quarterly cash dividend of $0.09 per share on its outstanding common stock. The dividend will be paid on August 13, 2025, to stockholders of record as of August 4, 2025.
Lake Shore Bank operates as a New York chartered, community-oriented financial institution headquartered in Dunkirk, New York, with ten full-service branch locations across Western New York, including four in Chautauqua County and six in Erie County. The bank provides a comprehensive range of retail and commercial lending and deposit services.
Lake Shore Bancorp (NASDAQ: LSBK) reported strong Q2 2025 financial results, with net income reaching $1.9 million ($0.34 per diluted share), a significant 72% increase from Q2 2024's $1.1 million. For H1 2025, net income totaled $3.0 million ($0.53 per diluted share), up 39.7% year-over-year.
The company successfully completed its conversion from mutual to stock form, raising $49.5 million through a stock offering at $10.00 per share. Key performance metrics showed improvement with net interest margin increasing to 3.84%, up 70 basis points year-over-year. The bank maintains a strong capital position with a Tier 1 Leverage ratio of 14.37% and reduced its reliance on wholesale funding.
Asset quality improved significantly with non-performing assets decreasing to 0.24% of total assets, down from 0.55% at year-end 2024. Book value per share increased 3.0% to $16.13 as of June 30, 2025.
Lake Shore Bancorp (NASDAQ: LSBK) has successfully completed its mutual-to-stock conversion transaction and related stock offering. The company sold 4,950,460 shares at $10.00 per share, raising gross proceeds of $49.5 million.
As part of the conversion, existing public stockholders' shares were converted at an exchange ratio of 1.3549 new shares for each old share. Following the transaction completion, Lake Shore Bancorp has approximately 7,825,877 shares outstanding. The company's stock is expected to begin trading on the Nasdaq Global Market under the symbol "LSBK" on July 21, 2025.
Lake Shore Bank has also converted from a federal savings bank to a New York chartered commercial bank, operating ten full-service branch locations across Western New York.
Lake Shore Bancorp (NASDAQ: LSBK) has announced the closing of its mutual-to-stock conversion and related stock offering, scheduled for July 18, 2025. The company will sell 4,950,460 shares at $10.00 per share, raising gross proceeds of $49.5 million.
As part of the conversion, existing public stockholders' shares will be converted at an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each Lake Shore Federal Bancorp share. Trading under the symbol "LSBK" on Nasdaq Global Market is expected to begin on July 21, 2025, with approximately 7,825,877 shares outstanding post-conversion.
Lake Shore Bancorp (NASDAQ: LSBK) announced that stockholders and members have approved the Amended and Restated Plan of Conversion and Reorganization at special meetings held on July 1, 2025. The plan involves two significant changes: the conversion of Lake Shore, MHC from a mutual holding company to a fully public stock holding company, and the Bank's transformation from a federal savings bank to a New York chartered commercial bank.
The transaction's completion remains subject to final regulatory approvals and customary closing conditions. Lake Shore Savings Bank, headquartered in Dunkirk, New York, currently operates ten full-service branch locations across Western New York, with four in Chautauqua County and six in Erie County.