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LSBK

Lake Shore Bancorp, Inc.

LSBK

Lake Shore Bancorp, Inc. • NASDAQ
$14.37 ▲ 0.28% (+0.04)
Market Cap $111.20 M
52w High $14.47
52w Low $9.70
Dividend Yield 0.31%
P/E 12.83
Volume 18.53K
Outstanding Shares 7.74M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 ▼ $0 ▼ $0 ▼ 0% ▼ $0.31 ▲ $0 ▼
Q2-2025 $9.907M ▲ $4.625M ▼ $1.919M ▲ 19.37% ▲ $0.25 ▲ $2.453M ▲
Q1-2025 $9.091M ▼ $4.878M ▼ $1.057M ▼ 11.627% ▼ $0.14 ▼ $1.419M ▼
Q4-2024 $9.657M ▲ $5.274M ▲ $1.469M ▲ 15.212% ▲ $0.19 ▲ $1.918M ▲
Q3-2024 $9.642M $4.813M $1.332M 13.815% $0.17 $1.771M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $123.106M ▲ $734.838M ▲ $641.954M ▲ $92.884M ▲
Q1-2025 $82.309M ▼ $688.996M ▲ $598.334M ▲ $90.662M ▲
Q4-2024 $89.626M ▼ $685.504M ▼ $595.636M ▼ $89.868M ▼
Q3-2024 $108.763M ▼ $697.596M ▼ $607.719M ▼ $89.877M ▲
Q2-2024 $118.296M $711.042M $624.11M $86.932M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $1.918M ▲ $1.792M ▲ $-324K ▲ $43.471M ▲ $44.939M ▲ $1.406M ▲
Q1-2025 $1.057M ▼ $718K ▼ $-5.601M ▲ $2.18M ▲ $-2.703M ▲ $568K ▼
Q4-2024 $1.469M ▲ $3.383M ▲ $-6.834M ▼ $-13.399M ▲ $-16.85M ▼ $3.389M ▲
Q3-2024 $1.332M ▲ $-1.417M ▼ $7.352M ▼ $-16.941M ▼ $-11.006M ▼ $-1.417M ▼
Q2-2024 $1.116M $574K $12.187M $-6.727M $6.034M $573K

Five-Year Company Overview

Income Statement

Income Statement Lake Shore Bancorp’s revenue line has been steady, with only modest growth over the past few years. Core profitability metrics have held up reasonably well, but net earnings have softened recently compared with the stronger results seen a few years ago. This suggests a bank that is covering its costs and earning a profit, but not generating strong earnings momentum. The pattern is consistent with many community banks facing margin pressure from interest rate swings and competition, rather than with a business in structural decline or rapid expansion.

Balance Sheet

Balance Sheet The balance sheet looks conservative and fairly stable over time. Total assets have moved within a narrow band, and the equity base has remained solid, which points to a cautious approach to growth and leverage. Cash levels have moved up and down but not in a way that suggests stress; debt has been used, but not aggressively. Overall, the bank appears to be run with a traditional, safety-first balance sheet that prioritizes capital strength over rapid expansion.

Cash Flow

Cash Flow Cash generation from operations has generally been positive, but not large, and recently moved closer to breakeven. Free cash flow has followed a similar pattern, indicating that after routine spending, there is limited but usually positive cash left over. Capital spending needs are light, which is typical for a bank, so swings in cash flow are more about lending and funding dynamics than big investment projects. The picture is of a bank that is cash-stable but not a significant cash engine, with less room for large self-funded growth initiatives without outside capital.

Competitive Edge

Competitive Edge Lake Shore Bancorp’s edge comes from its deep roots in Western New York, long operating history, and relationship-based community banking model rather than from unique products or technology. Local decision-making, familiarity with customers, and visible community involvement create loyalty and some protection against national competitors. However, this moat is narrow and regional; larger banks and digital-first competitors can outspend it on technology, marketing, and product breadth. The bank’s competitive position is solid within its niche but constrained by geography and scale.

Innovation and R&D

Innovation and R&D Innovation at Lake Shore is more about service delivery and community focus than about cutting-edge technology or proprietary platforms. It offers the standard digital tools—online and mobile banking, electronic statements, and a mainstream peer-to-peer payment service—keeping it in line with basic customer expectations but not ahead of the industry. The recent corporate restructuring and capital raise create room to upgrade digital capabilities, improve efficiency, and possibly pursue acquisitions. The key question is how effectively management uses this new flexibility to modernize without losing its community-bank identity.

Summary

Overall, Lake Shore Bancorp presents as a traditional community bank with steady but modest performance, a conservative balance sheet, and predictable cash flows. Earnings have weakened from earlier peaks but remain positive, reflecting the challenging environment for smaller regional banks more than any obvious internal crisis. Its main strength is a long-standing local franchise with strong community ties; its main vulnerabilities are limited scale, a narrow geographic footprint, and only basic differentiation on technology. Future results will hinge on how well the bank deploys the new capital from its conversion—whether into smarter lending growth, selective expansion, or better digital offerings—while navigating interest-rate and competitive pressures common across the regional banking sector.

NEWS

October 24, 2025 · 9:00 AM UTC

Lake Shore Bancorp, Inc. Declares Dividend

Read more