LSBK

DUNKIRK, N.Y., April 22, 2026 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Bank (the “Bank”), reported unaudited net income of $1.9 million, or $0.26 per diluted share, for the first quarter of 2026 compared to net income of $1.1 million, or $0.14 per diluted share, for the first quarter of 2025. The Company's financial performance for the first quarter of 2026 was positively impacted primarily by an increase in net interest income. "The results from the first quarter reflected a typical beginning of the year for our company," stated Kim C. Liddell, President, CEO, and Director. "Despite intense competition and challenging loan pricing environments, we remain dedicated to optimizing our balance sheet and operational efficiencies to enhance the Company’s overall performance." First Quarter 2026 Financial Highlights: Net income increased to $1.9 million during the first quarter of 2026, an increase of $866,000, or 81.9%, when compared to the first quarter of 2025. Net income was positively impacted by an increase in net interest income of $1.2 million, or 21.9%, when compared to the first quarter of 2025; Net interest margin increased to 4.02% during the first quarter of 2026, an increase of 17 basis points when compared to net interest margin of 3.85% during the fourth quarter of 2025 and an increase of 53 basis points when compared to net interest margin of 3.49% during the first quarter of 2025; Efficiency ratio improved to 69.58% for the quarter ended March 31, 2026, a decrease of 924 basis points as compared to 78.82% for the quarter ended March 31, 2025; Return on average assets increased to 1.07% for the quarter ended March 31, 2026, an increase of 45 basis points as compared to 0.62% for the quarter ended March 31, 2025; Book value per share increased to $18.11 per share at March 31, 2026, as compared to $18.10 per share at December 31, 2025; Non-performing assets as a percentage of total assets decreased to 0.22% at March 31, 2026, as compared to 0.23% at December 31, 2025; and The Bank's capital position remains "well capitalized" with a Tier 1 Leverage ratio of 17.54% and a Total Risk-Based Capital ratio of 23.81% at March 31, 2026. Net Interest Income Net interest income for the first quarter of 2026 increased by $38,000, or 0.6%, to $6.7 million as compared to $6.6 million for the...

DUNKIRK, N.Y. (AP) — DUNKIRK, N.Y. (AP) — Lake Shore Bancorp Inc. (LSBK) on Wednesday reported net income of $1.9 million in its first quarter. The Dunkirk, New York-based company said it had profit of 26 cents per share. The holding company for Lake Shore Savings Bank posted revenue of $9.8 million in the period. Its adjusted revenue was $7.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSBK at https://www.zacks.com/ap/LSBK

DUNKIRK, N.Y., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Bank (the “Bank”), reported unaudited net income of $1.9 million, or $0.26 per diluted share, for the fourth quarter of 2025 compared to net income of $1.5 million, or $0.19 per diluted share, for the fourth quarter of 2024. For the year ended December 31, 2025, the Company reported unaudited net income of $7.3 million, or $0.97 per diluted share, as compared to $4.9 million, or $0.65 per diluted share, for the year ended December 31, 2024. The Company's 2025 financial performance was positively impacted by an increase in net interest income and a decrease in non-interest expenses. "Our fourth quarter and 2025 year-end results reflect the effectiveness of our strategies," stated Kim C. Liddell, President, CEO, and Director. "We increased core earnings, improved margins, strengthened the balance sheet, reduced borrowings and non-performing assets, and grew tangible book value. Our disciplined focus on prudent loan growth and core deposits positions us well for 2026 and delivering shareholder value." Fourth Quarter 2025 and Full Year Financial Highlights: Net income increased to $1.9 million during the fourth quarter of 2025, an increase of $465,000, or 31.7%, when compared to the fourth quarter of 2024 and increased to $7.3 million during the year ended December 31, 2025, an increase of $2.3 million, or 47.4%, when compared to the year ended December 31, 2024; Net interest margin increased to 3.85% during the fourth quarter of 2025, an increase of 13 basis points when compared to net interest margin of 3.72% during the third quarter of 2025. Net interest margin increased to 3.73% for the year ended December 31, 2025, an increase of 52 basis points when compared to net interest margin of 3.21% for the year ended December 31, 2024; Efficiency ratio improved to 69.21% for the year ended December 31, 2025, a decrease of 12.79% as compared to 82.00% for the year ended December 31, 2024; Reduced reliance on wholesale funding by repaying all outstanding borrowings at December 31, 2024 of $10.3 million during the year ended December 31, 2025; Book value per share increased 56.4% to $18.10 per share at December 31, 2025, as compared to $11.57 per share at December 31, 2024; Non-performing assets as a percentage of total assets de...

DUNKIRK, N.Y. (AP) — DUNKIRK, N.Y. (AP) — Lake Shore Bancorp Inc. (LSBK) on Wednesday reported earnings of $1.9 million in its fourth quarter. The Dunkirk, New York-based company said it had profit of 26 cents per share. The holding company for Lake Shore Savings Bank posted revenue of $10.1 million in the period. Its adjusted revenue was $7.3 million. For the year, the company reported profit of $7.3 million, or 97 cents per share. Revenue was reported as $27.8 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSBK at https://www.zacks.com/ap/LSBK

DUNKIRK, N.Y., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Bank (the “Bank”), reported unaudited net income of $2.4 million, or $0.32 per diluted share, for the third quarter of 2025 compared to net income of $1.3 million, or $0.18 per diluted share, for the third quarter of 2024. For the first nine months of 2025, the Company reported unaudited net income of $5.3 million, or $0.70 per diluted share, as compared to $3.5 million, or $0.46 per diluted share, for the first nine months of 2024. Earnings per share and other share information disclosed throughout reflect the effect of the Company's conversion and related stock offering. The Company's financial performance for the third quarter of 2025, when compared to the third quarter of 2024, was positively impacted by an increase in net interest income and non-interest income. "Our third-quarter and year-to-date 2025 financial results show ongoing improvements in efficiency and progress on strategic initiatives such as completion of the second step conversion," stated Kim C. Liddell, President, CEO, and Director. "The current economic volatility has the potential to affect future market conditions and consumer confidence, and we stand committed to providing ongoing support to the communities we serve." Third Quarter 2025 and Year-to-Date Financial Highlights: Net income increased to $2.4 million during the third quarter of 2025, an increase of $1.0 million, or 77.1%, when compared to the third quarter of 2024. Net income was positively impacted by an increase in net interest income of $972,000, or 18.1%, when compared to the third quarter of 2024; Net income increased to $5.3 million during the first nine months of 2025, an increase of $1.9 million, or 54.1%, when compared to the first nine months of 2024. Net income was positively impacted by an increase in net interest income of $2.2 million, or 14.1%, and a decrease in non-interest expense of $360,000, or 2.4%, when compared to the first nine months of 2024; Net interest margin increased to 3.72% during the third quarter of 2025, an increase of 44 basis points when compared to net interest margin of 3.28% during the third quarter of 2024; Reduced reliance on wholesale funding by repaying $8.3 million of Federal Home Loan Bank of New York ("FHLBNY") borrowings during the first...

DUNKIRK, N.Y. (AP) — DUNKIRK, N.Y. (AP) — Lake Shore Bancorp Inc. (LSBK) on Wednesday reported profit of $2.4 million in its third quarter. On a per-share basis, the Dunkirk, New York-based company said it had net income of 32 cents. The holding company for Lake Shore Savings Bank posted revenue of $10.4 million in the period. Its adjusted revenue was $7.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSBK at https://www.zacks.com/ap/LSBK

Revenue: US$6.92m (up 11% from 2Q 2024). Net income: US$1.92m (up 72% from 2Q 2024). Profit margin: 28% (up from 18% in 2Q 2024). The increase in margin was primarily driven by higher revenue. EPS: US$0.34 (up from US$0.19 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Lake Shore Bancorp shares are down 23% from a week ago. Before we wrap up, we've discovered 2 warning signs for Lake Shore Bancorp (1 can't be ignored!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

DUNKIRK, N.Y. (AP) — DUNKIRK, N.Y. (AP) — Lake Shore Bancorp Inc. (LSBK) on Wednesday reported earnings of $1.9 million in its second quarter. The Dunkirk, New York-based company said it had net income of 34 cents per share. The holding company for Lake Shore Savings Bank posted revenue of $9.9 million in the period. Its adjusted revenue was $6.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSBK at https://www.zacks.com/ap/LSBK

DUNKIRK, N.Y., July 23, 2025 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the new holding company for Lake Shore Bank (the “Bank”), reported unaudited net income of $1.9 million, or $0.34 per diluted share, for the second quarter of 2025 compared to net income of $1.1 million, or $0.19 per diluted share, for the second quarter of 2024. For the first six months of 2025, the Company reported unaudited net income of $3.0 million, or $0.53 per diluted share, as compared to $2.1 million, or $0.36 per diluted share, for the first six months of 2024. The Company's financial performance for the second quarter of 2025 was positively impacted by an increase in net interest income and non-interest income along with a decrease in non-interest expenses as a result of strategic balance sheet management, continuing efforts to optimize operating expenses, and reducing reliance on wholesale funding. On July 18, 2025, the Company announced that the conversion of Lake Shore, MHC from mutual to stock form, the related stock offering by the Company and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank was completed. As a result of the subscription offering, the Company sold a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million. Earnings per share and other share information disclosed throughout do not reflect the effect of the Company's conversion and related stock offering. "I am pleased with the Company’s Second Quarter and Six Month 2025 financial results. The strategic actions taken throughout the past two years are beginning to bear quality earnings momentum,” stated Kim C. Liddell, President, CEO, and Director. “I am grateful for our depositors’ support as we raised $49.5 million to provide the Company with capital needed to prudently and strategically grow. We are excited about what the future holds." Second Quarter 2025 and Year-to-Date Financial Highlights: Net income increased to $1.9 million during the second quarter of 2025, an increase of $803,000, or 72.0%, when compared to the second quarter of 2024. Net income was positively impacted by an increase in net interest income of $916,000, or 17.6%, when compared to the second quarter of 2024; Net income increased to $3.0 million du...

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term Lake Shore Bancorp, Inc. (NASDAQ:LSBK) shareholders, since the share price is down 13% in the last three years, falling well short of the market return of around 67%. The last week also saw the share price slip down another 24%. With the stock having lost 24% in the past week, it's worth taking a look at business performance and seeing if there's any red flags. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Lake Shore Bancorp saw its EPS decline at a compound rate of 2.6% per year, over the last three years. The share price decline of 5% is actually steeper than the EPS slippage. So it seems the market was too confident about the business, in the past. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. Investors should note that there's a difference between Lake Shore Bancorp's total shareholder return (TSR) and its share price change, which we've covered above. Arguably the TSR is a more complete return calculation because it accounts for the value of dividends (as if they were reinvested), along with the hypothetical value of any discounted capital that have been offered to shareholders. Dividends have been really beneficial for Lake Shore Bancorp shareholders, and that cash payout explains why its total shareholder loss of 5.7%, over the last 3 years, isn't as bad as the share price return. Lake Shore Bancorp shareholders are up 0.8% for the year. But that was sho...

DUNKIRK, N.Y., July 08, 2025 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (“Lake Shore Federal Bancorp”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that all regulatory approvals have been received to close the conversion of Lake Shore, MHC from mutual to stock form and the related stock offering by Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”), the proposed new stock holding company for Lake Shore Bank and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank. Closing is expected to occur after the close of business on July 18, 2025. Lake Shore Bancorp’s common stock is expected to begin trading on the Nasdaq Global Market under the trading symbol “LSBK” on July 21, 2025. As a result of the subscription offering, Lake Shore Bancorp expects to sell a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million. All valid stock orders submitted by eligible account holders, supplemental eligible account holders and voting members in the subscription offering will be filled in full. Lake Shore Bancorp’s transfer agent, Computershare Trust Company, N.A. (“Computershare”), expects to mail Direct Registration System (“DRS”) Book-Entry statements for shares purchased in the subscription offering and interest checks, on or about July 21, 2025. As part of the conversion transaction, each outstanding share of Lake Shore Federal Bancorp common stock owned by the public stockholders of Lake Shore Federal Bancorp (stockholders other than Lake Shore, MHC) as of the closing date will be converted into shares of Lake Shore Bancorp common stock based on an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each share of Lake Shore Federal Bancorp common stock so that Lake Shore Federal Bancorp’s existing public stockholders will own approximately the same percentage of Lake Shore Bancorp’s common stock as they owned of Lake Shore Federal Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus. Cash will be issued in lieu of a fractional share of Lake Shore Bancorp common stock based on the offering price of $10.00 per share. Upon the completion of the conversion and stock offering, approximately 7,825,877...

DUNKIRK, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (“Lake Shore Federal Bancorp”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that at special meetings held on July 1, 2025, the stockholders of Lake Shore Federal Bancorp and the members of Lake Shore, MHC (depositors of the Bank) approved the Amended and Restated Plan of Conversion and Reorganization in connection with Lake Shore, MHC’s previously announced plan to convert from the mutual holding company to the fully public stock holding company form of organization and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank. The closing of the conversion and the stock offering of Lake Shore Bancorp, Inc. remains subject to receipt of final regulatory approvals and customary closing conditions. This press release is neither an offer to sell nor a solicitation of an offer to buy common stock. The offer is made only by the prospectus when accompanied by a stock order form. The shares of common stock to be offered for sale by Lake Shore Bancorp, Inc. are not savings accounts or savings deposits and are not insured by the Federal Deposit Insurance Corporation or by any other government agency. About Lake Shore Lake Shore Federal Bancorp is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank has ten full-service branch locations in Western New York, including four in Chautauqua County and six in Erie County. The Bank offers a broad range of retail and commercial lending and deposit services. Lake Shore Federal Bancorp’s common stock is traded on the NASDAQ Global Market as “LSBK”. Additional information about Lake Shore Federal Bancorp is available at www.lakeshoresavings.com. Safe-Harbor This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on current expectations, estimates and projections about Lake Shore Federal Bancorp’s, Lake Shore Bancorp, Inc.’s (collectively, the “Company”) and the Bank’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify forward-looking s...