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    LSBK — Lake Shore Bancorp News Story

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    Lake Shore Bancorp Q2 net income up rises 72% yr/yr

    Picture of Lake Shore Bancorp logoLake Shore Bancorp
    23/07/2025 21:12
    Overview

Lake Shore Bancorp Q2 net income rises 72% yr/yr, driven by strategic balance sheet management

Net interest income increased 17.6% yr/yr, contributing to improved financial performance

Co completed conversion and stock offering, raising $49.5 mln for growth

Result Drivers

NET INTEREST INCOME - Increased by 17.6% yr/yr, driven by strategic balance sheet management

NON-INTEREST EXPENSES - Decreased due to efforts to optimize operating expenses

REDUCED WHOLESALE FUNDING - Repayment of $8.3 mln in Federal Home Loan Bank of New York

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q2 Net Income$1.92 mln
    Q2 Net Interest Income$6.12 mln
    Q2 Basic EPS$0.34
    Q2 Net Interest Margin3.8%
    Q2 Pretax Profit$2.30 mln
    

Press Release: ID:nGNX9rL4h9

(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.)

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