Lake Shore Bancorp's Q2 net income rises

Lake Shore Bancorp

22/07/2026 21:40

    

    Overview
  
US community bank's Q2 net income rose 13% yr/yr, driven by higher net interest income
Net interest margin improved to 4.06% from 3.84% a year earlier
Efficiency ratio improved to 63.77% from 66.82% in Q2 2025

    

    Outlook
  
Company did not provide specific guidance or outlook for future periods

    

    Result Drivers
  
HIGHER NET INTEREST INCOME - Co said net interest income rose due to an increase in the average balance of interest-earning assets and higher net interest margin
LOWER INTEREST EXPENSE - Co attributed lower interest expense yr/yr to a decrease in average rate paid on deposits and a reduction in average balance of interest-bearing liabilities
HIGHER NON-INTEREST EXPENSES - Co said non-interest expenses rose yr/yr mainly due to higher health insurance, taxes, and other non-salary benefits

    
Company press release: ID:nGNX6tWMsD

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Net Income
 
$2.17 mln
 
Q2 Net Interest Income
 
$6.89 mln
 
Q2 Net Interest Margin
 
4.06%
 
Q2 Provision For Credit losses
 
$119,000
 

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)