Lake Shore Bancorp, Inc. Announces 2023 Fourth Quarter and Year End Financial Results
Lake Shore Bancorp, Inc. (LSBK)
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=4108493
Company Research
Source: GlobeNewswire
DUNKIRK, N.Y., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $749,000, or $0.13 per diluted share, for the fourth quarter of 2023 compared to net income of $1.2 million, or $0.20 per diluted share, for the fourth quarter of 2022. For the year ended December 31, 2023, the Company reported unaudited net income of $4.8 million, or $0.82 per diluted share, as compared to $5.7 million, or $0.97 per diluted share, for the year ended December 31, 2022. The Company's 2023 financial performance was negatively impacted by the Office of the Comptroller of the Currency's (the "OCC") regulatory action of February 2023 resulting in increased non-interest expense. “Lake Shore's financial performance throughout 2023 and the fourth quarter was commendable given the financial pressures experienced from a challenging interest rate environment and costly, ongoing
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News
- Lake Shore Bancorp, Inc. Declares First Quarter 2024 Dividend [Yahoo! Finance]Yahoo! Finance
- Lake Shore Bancorp, Inc. Declares First Quarter 2024 DividendGlobeNewswire
- Lake Shore Bancorp First Quarter 2024 Earnings: EPS: US$0.17 (vs US$0.29 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Lake Shore Bancorp, Inc. Announces 2024 First Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Lake Shore Bancorp, Inc. Announces 2024 First Quarter Financial ResultsGlobeNewswire
LSBK
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 4/A
- 4/25/24 - Form 4
- LSBK's page on the SEC website