Financial Snapshot

Revenue
$26.21M
TTM
Gross Margin
Net Earnings
$4.211M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$89.88M
Q3 2024
Cash
Q3 2024
P/E
18.03
Nov 29, 2024 EST
Free Cash Flow
$663.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $33.76M $1.104M $24.66M $24.34M $24.27M $21.54M $19.41M $17.52M
YoY Change 2957.52% -95.52% 1.33% 0.28% 12.68% 10.96% 10.79%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $33.76M $1.104M $24.66M $24.34M $24.27M $21.54M $19.41M $17.52M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $807.0K $856.0K $870.0K $840.0K $810.0K $770.0K $850.0K $870.0K $830.0K $750.0K $700.0K $660.0K $660.0K $600.0K $550.0K $530.0K $540.0K $640.0K $620.0K $610.0K $450.0K
YoY Change -5.72% -1.61% 3.57% 3.7% 5.19% -9.41% -2.3% 4.82% 10.67% 7.14% 6.06% 0.0% 10.0% 9.09% 3.77% -1.85% -15.63% 3.23% 1.64% 35.56% 21.62%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Interest Expense $9.397M $2.415M $2.665M $4.404M $5.197M $3.602M $2.630M $2.294M
YoY Change 289.11% -9.38% -39.49% -15.26% 44.28% 36.96% 14.65%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Pretax Income $6.219M $6.870M $7.475M $5.382M $4.742M $4.585M $4.563M $4.290M $4.050M $3.730M $4.710M $4.610M $5.070M $3.420M $2.880M $1.810M $2.270M $2.730M $3.010M $3.080M $2.250M
YoY Change -9.48% -8.09% 38.89% 13.5% 3.42% 0.48% 6.36% 5.93% 8.58% -20.81% 2.17% -9.07% 48.25% 18.75% 59.12% -20.26% -16.85% -9.3% -2.27% 36.89% -32.23%
Income Tax $1.399M $1.162M $1.288M $824.0K $655.0K $585.0K $1.185M $775.0K $720.0K $570.0K $970.0K $980.0K $1.390M $370.0K $720.0K $340.0K $450.0K $910.0K $950.0K $900.0K $740.0K
% Of Pretax Income 22.5% 16.91% 17.23% 15.31% 13.81% 12.76% 25.97% 18.07% 17.78% 15.28% 20.59% 21.26% 27.42% 10.82% 25.0% 18.78% 19.82% 33.33% 31.56% 29.22% 32.89%
Net Earnings $4.820M $5.708M $6.187M $4.558M $4.087M $4.000M $3.378M $3.515M $3.340M $3.160M $3.740M $3.630M $3.680M $3.040M $2.160M $1.470M $1.820M $1.820M $2.050M $2.180M $1.510M
YoY Change -15.56% -7.74% 35.74% 11.52% 2.18% 18.41% -3.9% 5.24% 5.7% -15.51% 3.03% -1.36% 21.05% 40.74% 46.94% -19.23% 0.0% -11.22% -5.96% 44.37% -32.59%
Net Earnings / Revenue 14.28% 517.03% 25.09% 18.73% 16.84% 18.57% 17.41% 20.07%
Basic Earnings Per Share $0.82 $0.97 $1.05 $0.77 $0.68 $0.66 $0.55 $0.58
Diluted Earnings Per Share $0.85 $1.00 $1.05 $0.77 $0.68 $0.66 $0.55 $0.58 $564.2K $546.7K $653.8K $635.7K $645.6K $526.0K $366.1K $243.4K $294.5K $284.8K $482.4K $512.9K $355.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $8.101M $8.659M $519.7M $9.600M $10.20M $9.400M $9.400M $8.700M $9.100M $9.500M $9.600M $9.700M $8.500M $9.000M $8.000M $8.200M $6.900M $7.200M $7.700M $6.600M $6.500M
YoY Change -6.44% -98.33% 5313.54% -5.88% 8.51% 0.0% 8.05% -4.4% -4.21% -1.04% -1.03% 14.12% -5.56% 12.5% -2.44% 18.84% -4.17% -6.49% 16.67% 1.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $900.0K
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $725.1M $699.9M $713.7M $686.2M $610.9M $545.7M $519.0M $489.2M $473.4M $487.5M $482.2M $482.4M $488.6M $479.0M $425.7M $407.8M $357.8M $354.2M $333.7M $329.8M $303.5M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $242.0K $534.0K $500.0K $700.0K $800.0K
YoY Change -54.68% 6.8% -28.57% -12.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $12.60M $0.00 $11.70M $11.20M $6.900M $5.000M $6.900M $5.500M $18.50M $10.60M $11.20M $11.70M $11.80M
YoY Change -100.0% 4.46% 62.32% 38.0% -27.54% 25.45% -70.27% 74.53% -5.36% -4.27% -0.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $242.0K $13.13M $500.0K $700.0K $800.0K $11.70M $11.20M $6.900M $5.000M $6.900M $5.500M $18.50M $10.60M $11.20M $11.70M $11.80M
YoY Change -98.16% 2526.0% -28.57% -12.5% 4.46% 62.32% 38.0% -27.54% 25.45% -70.27% 74.53% -5.36% -4.27% -0.85%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $24.70M $27.00M $19.00M $21.20M $19.00M $7.900M $14.40M $27.20M $34.20M $36.20M $46.50M $37.90M $32.80M $37.50M $42.30M $31.50M
YoY Change -100.0% -8.52% 42.11% -10.38% 11.58% 140.51% -45.14% -47.06% -20.47% -5.52% -22.15% 22.69% 15.55% -12.53% -11.35% 34.29%
Other Long-Term Liabilities $5.231M $3.254M $6.100M $5.700M $6.300M $6.300M $6.100M $5.600M $5.500M $5.600M $5.700M $8.100M $7.600M $5.900M $5.700M $5.400M $4.400M $5.000M $3.700M $3.300M $2.800M
YoY Change 60.76% -46.66% 7.02% -9.52% 0.0% 3.28% 8.93% 1.82% -1.79% -1.75% -29.63% 6.58% 28.81% 3.51% 5.56% 22.73% -12.0% 35.14% 12.12% 17.86%
Total Long-Term Liabilities $5.231M $3.254M $6.100M $5.700M $6.300M $31.00M $33.10M $24.60M $26.70M $24.60M $13.60M $22.50M $34.80M $40.10M $41.90M $51.90M $42.30M $37.80M $41.20M $45.60M $34.30M
YoY Change 60.76% -46.66% 7.02% -9.52% -79.68% -6.34% 34.55% -7.87% 8.54% 80.88% -39.56% -35.34% -13.22% -4.3% -19.27% 22.7% 11.9% -8.25% -9.65% 32.94%
Total Liabilities $638.8M $618.7M $625.8M $600.3M $528.0M $465.9M $440.6M $413.1M $399.5M $415.8M $416.9M $415.4M $424.7M $423.8M $370.2M $353.6M $304.3M $300.5M $305.7M $302.9M $278.6M
YoY Change 3.25% -1.13% 4.25% 13.69% 13.33% 5.74% 6.66% 3.4% -3.92% -0.26% 0.36% -2.19% 0.21% 14.48% 4.69% 16.2% 1.26% -1.7% 0.92% 8.72%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Basic Shares Outstanding 5.856M 5.879M 5.885M 5.955M 6.002M 6.076M 6.110M 6.015M
Diluted Shares Outstanding 5.856M 5.879M 5.888M 5.955M 6.002M 6.086M 6.119M 6.023M 5.919M 5.783M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $75.939 Million

About LAKE SHORE BANCORP, INC.

Lake Shore Bancorp, Inc. operates as a savings and loan holding company for Lake Shore Servings Bank. The company is headquartered in Dunkirk New York, New York and currently employs 115 full-time employees. The company went IPO on 2006-04-04. The Bank has 11 full-service branch locations in Western New York, including five in Chautauqua County and six in Erie County. The Bank offers a range of retail and commercial lending and deposit services. The Bank’s principal business consists of attracting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, primarily in commercial real estate loans, one-to four-family residential mortgage loans, home equity lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. Its primary sources of funds for lending and investments are deposits, borrowings, brokered deposits, receipts of principal and interest payments on loans and securities.

Industry: Savings Institution, Federally Chartered Peers: BROADWAY FINANCIAL CORP \DE\ Cullman Bancorp, Inc. /MD/ FFBW, Inc. /MD/ FIDELITY FEDERAL BANCORP Finance of America Companies Inc. Home Federal Bancorp, Inc. of Louisiana Magyar Bancorp, Inc. Rocket Companies, Inc.