Lake Shore Bancorp, Inc.

Lake Shore Bancorp, Inc.

LSBKยทNASDAQ

$15.70

-0.032%
Financial ServicesBanks - Regional

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts, such as demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans and lines of credit; commercial loans comprising business installment loans, lines of credit, and other commercial loans; one- to four-family residential mortgages; and consumer loans, such as personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 11, 2022, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. is a subsidiary of Lake Shore, MHC.

At a Glance

Live Snapshot
Market Cap$123.45M
EPS0.9600
P/E Ratio16.35
Earnings Date07/22/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 16.4).

Valuation inputs: P/E 16.4, earnings yield +6.1%, momentum -0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +5.1%, ROIC +1.0%).

Profitability stack: net margin +18.4%, ROE +5.1%, ROIC +1.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +80.5%, momentum -0.0%, net margin +18.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

lsbk

Lake Shore Bancorp, Inc. Market vs Earnings Trajectory

LSBK ยท NASDAQ

Loading price and EPS data...

Lake Shore Bancorp, Inc.

Lake Shore Bancorp, Inc. Fair Value Envelope

LSBK ยท NASDAQ

Our analysis suggests that LSBK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.7, this represents a potential HIDDEN relative to our calculated worth for Lake Shore Bancorp, Inc..

Intrinsic Value
Current Price: $15.7
3Y+33.0%
5Y+71.0%
10Y+123.0%
3Y+34.0%
5Y+45.0%
10Y+83.0%
3Y+27.0%
5Y+59.0%
10Y+107.0%
3Y-3.0%
5Y+43.0%
10Y+86.0%
3Y-5.0%
5Y+43.0%
10Y+94.0%
3Y+4.0%
5Y+6.0%
10Y+49.0%
Lake Shore Bancorp, Inc.

Lake Shore Bancorp, Inc. Profit Bridge

LSBK ยท NASDAQ
Revenue39.55M
Cost of Goods Sold (11.50M)
Gross Profit28.06M
Operating Expenses (19.31M)
Operating Income8.75M
Interest Expense (11.72M)
Other Income/Expense0.00
Pretax Income8.75M
Income Tax (1.48M)
Net Income7.27M
Net Income
7.27M

Profitability Analysis

Gross Margin

70.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

22.1%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.4%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

16.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

70.93%
Gross Profit Margin
5%
3Y-21.0%
5Y-9.0%
10Y-16.0%
22.12%
Operating Profit Margin
44%
3Y-5.0%
5Y+12.0%
10Y+11.0%
18.38%
Net Profit Margin
42%
3Y-5.0%
5Y+10.0%
10Y+13.0%
5.13%
Return on Equity
-6%
3Y-27.0%
5Y-3.0%
10Y+11.0%
1.00%
Return on Assets
39%
3Y+23.0%
5Y+50.0%
10Y+39.0%
1.00%
Return on Invested Capital
-77%
3Y-77.0%
5Y-72.0%
10Y-71.0%
LSBK

Lake Shore Bancorp, Inc. Cash Conversion Engine

LSBK ยท NASDAQ
Net Income7.27M
Depreciation & Amortization462.00K
Stock-Based Compensation387.00K
Change in Working Capital-26.00K
Others60.00K
Capital Expenditures-560.00K
Free Cash Flow7.44M

Cash Flow Quality Analysis

FCF Conversion Rate

102.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

7.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+196.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$26.00K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

lsbk

Lake Shore Bancorp, Inc. Funding & Solvency Profile

LSBK ยท NASDAQ
Cash & Cash Equivalents64.28M
Net Receivables3.01M
Inventory0.00
Other Current Assets-55.55M
Total Current Assets64 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments555.44M
Other Non-Current Assets107.60M
Total Non-Current Assets663 M
Total Assets
727.32M

Financial Health Analysis

Current Ratio

200.88x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

4.14x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

64 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

9% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

lsbk

Lake Shore Bancorp, Inc. Street Expectations Map

LSBK ยท NASDAQ

No Target Data

No analyst price targets available for lsbk.

lsbk

Lake Shore Bancorp, Inc. Insider Positioning

LSBK ยท NASDAQ

During the last 12 months, there has been no insider trading activity reported for LSBK.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.59%
Dividend Yield
-2%
3Y-
5Y+96.0%
10Y+199.0%
ย 

lsbk Dividend History

LSBK
10Y CAGR +3%
Latest $0.09
Annual $0.36
5 year growth trend
Last Period: +0%