Lake Shore Bancorp Stock

Lake Shore Bancorp ROA 2024

Lake Shore Bancorp ROA

0.01

Ticker

LSBK

ISIN

US5107001076

WKN

A0JKKC

In 2024, Lake Shore Bancorp's return on assets (ROA) was 0.01, a -18.52% increase from the 0.01 ROA in the previous year.

Lake Shore Bancorp Aktienanalyse

What does Lake Shore Bancorp do?

Lake Shore Bancorp Inc. is a financial holding company specializing in banking and is based in the United States. The history of Lake Shore Bancorp Inc. began in 1891 when the Lake Shore Savings & Loan Association was founded. After over a century in banking and many changes, the bank finally received the name Lake Shore Bancorp Inc. in 2010. The bank is headquartered in Dunkirk, New York, and currently operates nine branches in the area. It is a publicly traded company with its stocks traded under the ticker "LSBK" on the NASDAQ stock exchange. The business model of Lake Shore Bancorp Inc. is based on providing financial services to its customers. Lake Shore Bancorp Inc. offers a wide range of banking services, including savings accounts, checking accounts, credit cards, mortgages, home and auto loans, and investment products. The bank works hard to provide its customers with the best options and services to meet the needs of each customer. Lake Shore Bancorp Inc. focuses on the principle of mutuality, meaning the company invests in the well-being and success of the community and customers. The bank follows ethical and responsible business practices and promotes economic sustainability. An important division of Lake Shore Bancorp Inc. is the company itself, which has grown over the years and employs over 100 employees. Additionally, the bank provides training for its employees to ensure they have the necessary skills and knowledge to effectively serve customers. Lake Shore Bancorp Inc. offers many different products and services. Some of the most well-known products are checking accounts and savings accounts. These accounts provide secure and convenient banking for everyday use. Another important service of Lake Shore Bancorp Inc. is loans, including mortgage loans and auto loans. The bank also offers investment products such as CDs and investment accounts to allow customers to invest their money in a secure, reliable, and easily accessible manner. In conclusion, Lake Shore Bancorp Inc. is a banking-oriented financial holding company that has evolved from a historical past. The bank is committed to promoting the well-being of its customers and the community and provides a wide range of banking services. The bank operates its business in an ethical and responsible manner and strives to offer its customers the best products and services to meet their requirements and needs. Lake Shore Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Lake Shore Bancorp's Return on Assets (ROA)

Lake Shore Bancorp's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Lake Shore Bancorp's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Lake Shore Bancorp's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Lake Shore Bancorp’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Lake Shore Bancorp stock

What is the Return on Assets (ROA) of Lake Shore Bancorp this year?

The Return on Assets (ROA) of Lake Shore Bancorp is 0.01 undefined this year.

What was the ROA of Lake Shore Bancorp compared to the previous year?

The ROA of Lake Shore Bancorp has increased by -18.52% compared to the previous year.

What consequences do high ROA have for investors of Lake Shore Bancorp?

A high ROA is advantageous for investors of Lake Shore Bancorp, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Lake Shore Bancorp?

A low ROA can be unfavorable for investors of Lake Shore Bancorp as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Lake Shore Bancorp affect the company?

An increase in ROA of Lake Shore Bancorp can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Lake Shore Bancorp impact the company?

A reduction in the ROA of Lake Shore Bancorp can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Lake Shore Bancorp?

Some factors that can influence the ROA of Lake Shore Bancorp include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Lake Shore Bancorp important for investors?

The ROA of Lake Shore Bancorp is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Lake Shore Bancorp take to improve ROA?

To improve ROA, Lake Shore Bancorp can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Lake Shore Bancorp pay?

Over the past 12 months, Lake Shore Bancorp paid a dividend of 0.68 USD . This corresponds to a dividend yield of about 5.03 %. For the coming 12 months, Lake Shore Bancorp is expected to pay a dividend of 0.68 USD.

What is the dividend yield of Lake Shore Bancorp?

The current dividend yield of Lake Shore Bancorp is 5.03 %.

When does Lake Shore Bancorp pay dividends?

Lake Shore Bancorp pays a quarterly dividend. This is distributed in the months of December, June, September, December.

How secure is the dividend of Lake Shore Bancorp?

Lake Shore Bancorp paid dividends every year for the past 0 years.

What is the dividend of Lake Shore Bancorp?

For the upcoming 12 months, dividends amounting to 0.68 USD are expected. This corresponds to a dividend yield of 5.03 %.

In which sector is Lake Shore Bancorp located?

Lake Shore Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Lake Shore Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lake Shore Bancorp from 11/8/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 11/4/2024.

When did Lake Shore Bancorp pay the last dividend?

The last dividend was paid out on 11/8/2024.

What was the dividend of Lake Shore Bancorp in the year 2023?

In the year 2023, Lake Shore Bancorp distributed 0.54 USD as dividends.

In which currency does Lake Shore Bancorp pay out the dividend?

The dividends of Lake Shore Bancorp are distributed in USD.

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Andere Kennzahlen von Lake Shore Bancorp

Our stock analysis for Lake Shore Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lake Shore Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.