Saturday 17 October 2026 Export LSBK’s income statement to Excel — free account

Lake Shore Bancorp, Inc.

Lake Shore Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $39.6 million, up 3.80% from fiscal 2024. In the quarter to June 2026, revenue grew 2.32%, EPS grew 16.1% and free cash flow grew 60.7%, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

18.23 0.11 +0.61%

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Market cap: $142.3M
P/E: 16.1×
Fwd P/E: —
Dividend yield: 1.97%
F-score: 9/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 10.27%

Capital & Financial Ratios $m

Market Cap 142.31

Revenue 40.45

Net Income 8.39

Free Cash Flow 10.51

Net Debt (72.24)

Current Ratio 1.10

Debt/Equity 0.00

P/E ratio 16.13

Fwd P/E —

P/S ratio 3.32

P/B ratio 0.93

Past 5Y EPS Growth 11.29%

This Y EPS Growth 7.00%

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 40.73%

10-year low 10-year high

P/S against its own 10 years 60.38%

10-year low 10-year high

P/B against its own 10 years 35.94%

10-year low 10-year high

Dividends

Payout Ratio 0.32

Annual Dividend Rate 0.36

Annual Dividend Yield 1.97%

	total	individual payouts
2026	0.27	0.09 0.09 0.09
2025	0.31	0.13 0.09 0.09
2024	0.40	0.13 0.13 0.13
2022	0.50	0.12 0.12 0.13 0.13
2021	0.40	0.10 0.10 0.10 0.10
2020	0.36	0.09 0.09 0.09 0.10
2019	0.35	0.09 0.09 0.09 0.09
2018	0.30	0.07 0.07 0.07 0.07
2017	0.24	0.06 0.06 0.06 0.06
2016	0.21	0.05 0.05 0.05 0.05

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	54	33	64	72
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	612	581	623	634

	2023	2024	2025	Q'26
Payables	591	573	573	578
ST’ Debt	—	—	—	—
Other	—	—	—	—
	591	573	573	578

Compound Annual Growth %

	10y	5y	3y
Sales	6.90%	7.68%	10.32%
Cash Flow	4.89%	7.38%	(0.85%)
Earnings	8.09%	9.78%	8.39%
Book Value	6.73%	10.51%	20.38%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	10	10	—	—	—
’25	9	10	10	10	40
’24	9	9	10	10	38
’23	9	9	9	10	36
’22	7	7	8	8	29
’21	7	7	7	7	28
’20	7	7	7	7	27

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3	2	—	—	—
’25	1	2	3	2	8
’24	0	1	(1)	3	3
’23	1	2	1	2	6
’22	1	3	2	2	8
’21	2	2	3	2	9
’20	1	2	1	1	6

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3	2	—	—	—
’25	1	1	3	2	7
’24	0	1	(1)	3	3
’23	1	2	1	2	6
’22	1	3	2	2	8
’21	1	2	3	2	8
’20	1	2	1	1	5

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.26	0.29	—	—	—
’25	0.14	0.25	0.32	0.26	0.97
’24	0.13	0.19	0.18	0.19	0.65
’23	0.21	0.10	0.20	0.10	0.61
’22	0.13	0.21	0.22	0.15	0.72
’21	0.21	0.13	0.21	0.23	0.78
’20	0.09	0.17	0.16	0.16	0.57

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	9.58	11.20	10.81	10.52	6.61	9.53	8.73	7.02	7.61	9.81	Analyst estimates 2026–2028 Powerpack
	High	12.25	12.85	13.29	11.99	11.74	11.82	11.26	9.71	10.49	15.19
People
People	Employees	111	114	115	116	115	107	120	117	100	98
	Revenue/emp, $m	0.19	0.19	0.21	0.23	0.24	0.26	0.25	0.31	0.38	0.40
Income, $m
Income, $m	Revenue	22	22	24	27	27	28	29	36	38	40
	Gross margin, %	89.37	88.08	85.00	80.58	83.88	90.43	91.80	74.18	63.94	70.38
	EBT	4	5	5	5	5	7	7	6	6	9
	EBT margin, %	19.87	20.68	19.10	17.72	19.69	26.84	23.32	17.09	15.39	22.13
	Net income	4	3	4	4	5	6	6	5	5	7
	Depreciation	2	2	1	1	1	2	1	1	1	1
Per share, $
Per share, $	Revenue	2.65	2.67	2.92	3.29	3.39	3.49	3.70	4.59	5.00	5.27
	Earnings	0.43	0.41	0.49	0.50	0.57	0.78	0.72	0.61	0.65	0.97
	Cash flow	0.53	0.70	0.74	0.72	0.69	1.07	1.03	0.78	0.33	1.07
	Capex	(0.06)	(0.18)	(0.10)	(0.10)	(0.05)	(0.08)	(0.05)	(0.05)	0.01	(0.07)
	Free cash flow	0.47	0.53	0.64	0.62	0.64	0.99	0.98	0.73	0.33	0.99
	Book value	9.33	9.47	9.69	10.19	10.65	11.03	10.19	10.87	11.80	18.86
	Shares, m	8	8	8	8	8	8	8	8	8	8
Valuation, ×
Valuation, ×	P/E	27.35	30.57	22.82	22.52	16.89	14.06	12.43	14.74	14.84	15.11
	P/S	4.50	4.66	3.81	3.43	2.83	3.15	2.41	1.97	2.03	2.78
	P/B	1.28	1.31	1.15	1.11	0.90	1.00	0.87	0.83	0.86	0.78
	EV/Sales	3.27	4.02	3.56	3.60	2.35	1.51	2.93	1.46	1.43	1.21
	EV/FCF	18.44	20.42	16.13	19.15	12.34	5.31	11.05	9.14	21.35	6.43
Cash, $m
Cash, $m	Operating cash flow	4	6	6	6	6	9	8	6	3	8
	Capex	0	(1)	(1)	(1)	0	(1)	0	0	0	(1)
	Free cash flow	4	4	5	5	5	8	8	6	3	7
Balance, $m
Balance, $m	Working capital	(12)	3	(7)	20	10	(6)	3	21	8	49
	Total debt	19	27	25	35	30	22	25	35	10	—
	Net debt	(27)	(14)	(6)	4	(13)	(46)	15	(18)	(23)	(64)
	Shareholders’ equity	76	78	80	83	86	88	81	86	90	142
Returns, %
Returns, %	ROA	0.73	0.67	0.75	0.71	0.70	0.88	0.81	0.68	0.70	1.03
	ROIC	5.42	4.43	3.89	3.40	4.63	11.03	4.45	5.73	5.47	7.07
	ROE	4.69	4.38	5.06	5.03	5.40	7.12	6.75	5.76	5.60	6.28

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EBMT Eagle Bancorp Montana, Inc.	$164.7M	10.2×	11.3×	−1.03% (below 0%: shrinking)	+11.90% (above 0%: growing)	−301.01% (below 0%: shrinking)	76.37%	0.00%	Compare
FINW FinWise Bancorp	$149.2M	10.5×	13.1×	+98.06% (above 0%: growing)	−48.39% (below 0%: shrinking)	−43.89% (below 0%: shrinking)	91.22%	0.00%	Compare
LSBK Lake Shore Bancorp, Inc.	$142.3M	16.1×	—	+2.32% (above 0%: growing)	+16.05% (above 0%: growing)	+60.67% (above 0%: growing)	75.39%	0.00%
HYNE Hoyne Bancorp, Inc.	$136.0M	—	—	+11.37% (above 0%: growing)	—	−140.80% (below 0%: shrinking)	83.07%	0.00%	Compare
FGBI First Guaranty Bancshares, Inc.	$135.0M	— (loss-making)	24.3×	−5.84% (below 0%: shrinking)	n/m	+17.37% (above 0%: growing)	45.46%	0.00%	Compare
SRBK SR Bancorp, Inc.	$133.4M	41.0×	20.3×	−1.47% (below 0%: shrinking)	−51.91% (below 0%: shrinking)	+141.06% (above 0%: growing)	63.94%	0.00%	Compare
MGYR Magyar Bancorp, Inc.	$128.4M	10.4×	10.6×	+9.88% (above 0%: growing)	+25.00% (above 0%: growing)	+84.11% (above 0%: growing)	63.70%	0.00%	Compare
BOTJ Bank of the James Financial Group, Inc.	$122.6M	10.6×	9.7×	+6.68% (above 0%: growing)	+18.33% (above 0%: growing)	−90.59% (below 0%: shrinking)	81.91%	0.00%	Compare
RVSB Riverview Bancorp Inc	$119.1M	— (loss-making)	17.7×	+6.30% (above 0%: growing)	+33.33% (above 0%: growing)	+342.43% (above 0%: growing)	75.12%	0.00%	Compare
Median of peers	$134.2M	10.5×	13.1×	+6.49%	+15.12%	−13.26%	75.75%	0.00%

All 323 Banks Regional stocks →

Lake Shore Bancorp, Inc. (LSBK) key facts

Strength: Lake Shore Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $39.6 million, up 3.80% from fiscal 2024.
Lake Shore Bancorp, Inc. (LSBK) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, LSBK traded at $18.23, a market capitalization of $142.3 million.
Lake Shore Bancorp, Inc. pays an annual dividend of $0.36 per share, a yield of 1.97%, with a payout ratio of 31.9%.
Return on equity was 6.28% and debt-to-equity 0.00.
Its Piotroski F-score is 9 out of 9 for fiscal 2025.