Lake Shore Bancorp, Inc. (LSBK)
Financials · community banking · NASDAQ
A community bank headquartered in Dunkirk, NY, serving the Western New York region with a focus on commercial and residential real estate lending.
What Lake Shore Bancorp, Inc. does
Lake Shore Bancorp, Inc. is a community bank holding company that operates Lake Shore Bank, a New York commercial bank serving the Western New York region through ten branch offices. The bank primarily focuses on retail deposits and provides lending services, including commercial real estate, residential mortgages, and home equity lines of credit.
Recent developments
The company declared a cash dividend of $0.09 per share expected to be paid on August 12, 2026. Additionally, the company commenced share repurchases under a plan to buy back up to 5% of its outstanding common stock on July 28, 2026.
From Lake Shore Bancorp, Inc.'s filing of 2026-08-11.
Themes: community banking, regional economic development, commercial real estate lending
Fundamentals
- Price$18.03 as of 2026-10-20 close
- Market cap$142M as of 2026-08-06 (share count; price 2026-10-20)
- 1-year return+43.0% 2025-10-20 close $12.61 → 2026-10-20 close $18.03
- P/E15.82 as of 2026-10-20
- ROE+5.1% FY2025, SEC XBRL
- ROICn/a No figure: it is a bank or insurer, whose operating income and debt are not what ROIC divides.
- Debt / equityn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
- Beta0.28 as of 2026-09-03
- Last reported earnings2026-07-22 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.0%; at least 2 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How LSBK compares in its sector
- price-to-earnings ratiomiddle range 487 covered Financials peers, as of 2026-10-20
- return on equitybottom 25% 558 covered Financials peers, as of 2026-09-03
- indicated dividend yieldmiddle range 440 covered Financials peers, as of 2026-09-03
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, LSBK's dividend was covered by reported results (earnings payout 23%, operating-cash-flow payout 21%). This describes past coverage, not a forecast.
- Earnings payout23% dividends / net income
- Operating-cash-flow payout21% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
Quarterly results
| Quarter | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|
| Q2 FY2026 2026-06-30 | $2M | $0.29 | $2M† |
| Q1 FY2026 2026-03-31 | $2M | $0.26 | $3M |
| Q4 FY2025 2025-12-31 | $2M† | $0.27† | $2M† |
| Q3 FY2025 2025-09-30 | $2M | $0.32 | $3M† |
| Q2 FY2025 2025-06-30 | $2M | $0.25 | $2M† |
| Q1 FY2025 2025-03-31 | $1M | $0.14 | $718000 |
| Q4 FY2024 2024-12-31 | $1M† | $0.19† | $3M† |
| Q3 FY2024 2024-09-30 | $1M | $0.18 | -$1M† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-30
- Cash and equivalents$72M
- Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How Lake Shore Bancorp, Inc. looks technically
Lake Shore Bancorp, Inc. (LSBK) is trading 10.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 702 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 23 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 6 trading days ago. Trading volume is unusually light — only about 46% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 10.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +10.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $17.77 | $17.77 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $16.35 | $16.35 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 17.04. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 702 trading days ago — a "golden cross", a bullish long-term signal | 702 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 23 (a reading of 25+ marks a strong trend) | 23.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30) | 51.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($17.04 to $18.77) — its "stochastic" reading is 57 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 57.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 20 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $19.09 | $19.09 |
|---|---|---|
| From the 52-week high | it is 5.6% below its 52-week high (its highest price of the past year) | -5.5% |
| Above the 52-week low | it is 44.2% above its 52-week low (its lowest price of the past year) | +44.2% |
| Below the 52-week high | it is 5.6% below its highest point of the past year | 5.5% |
| Since a 20-day breakout | it made a new 20-day low about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day high about 29 trading days ago | 29 sessions |
| All-time high | its highest closing price on record is $19.09 (set on 2026-09-14) | $19.09 |
| Given back of the 52-week move | over the past year its closes ranged ($12.52 to $18.85), and it has given back only a small part of its rise from last year’s low — 13% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $14.74 to $14.94. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 12.9% |
| From the all-time high | it is 5.6% below its all-time high | -5.5% |
| Nearest price level | it is trading 3.1% above a support level at $17.46 — a price it turned at twice since 2026-06-22, most recently on 2026-08-03. Since 2024-10-21 it has 16 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -3.1% |
| All-time low | its lowest closing price on record is $3.18 (set on 2009-02-23) | $3.18 |
| Above the all-time low | it is 466.4% above its all-time low | +466.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 55th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4646 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4646 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $17.54 and $18.51 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $17.54 – $18.03 – $18.51 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 3.6 daily ranges above its 200-day average price (10.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 46% of its 30-day average | 0.46× |
|---|
Candlestick patterns
2
| Since a bullish engulfing | 8 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 8 sessions ago |
|---|---|---|
| Since a bearish engulfing | 1 session ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 1 session ago |
Price gaps
2
| Gap at the open | it opened on 2026-10-20 at essentially the same price it closed at the session before — no meaningful overnight gap | +0.1% |
|---|---|---|
| Gap filled | a 3.9% gap up opened on 2026-10-06 has been "filled" 10 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 10 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -1.1% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 0.6 percentage points (the stock gained 0.4% while the market gained 1.0%) | -0.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 1.9 percentage points (the stock gained 5.5% while the market gained 3.6%) | +1.9% |
| vs market, 6 months | over the past 6 months this stock beat the market by 5.3 percentage points (the stock gained 13.8% while the market gained 8.5%) | +5.3% |
| vs market, 12 months | over the past 12 months this stock beat the market by 28.4 percentage points (the stock gained 43.0% while the market gained 14.6%) | +28.4% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thin, spanning 1.2% of the share price, which is taken to mean a barrier that gives way easily. | 0.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 7% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $16.82 — a volume-weighted average of daily closes over 198 sessions, not a true tick-by-tick VWAP. | +7.2% |
|---|
Symmetrical triangle, either side — broke out · entry $17.98 · 76 sessions in
Price levels it has turned at before
LSBK last closed at $18.03 on 2026-10-20. Since 2024-10-21 it has turned at 16 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $17.46 | Support | 3.1% below the last close | turned there twice · 2026-06-22 to 2026-08-03 |
| $17.05 | Support | 5.4% below the last close | turned there four times · 2026-08-10 to 2026-10-13 |
| $16.68 | Support | 7.5% below the last close | turned there twice · 2026-06-30 to 2026-07-23 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $17.04.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 6 trading days, since 2026-10-13.
Read from daily closes as of 2026-10-20.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Trading above the 50-day moving average · beating the market · Trading inside the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · volume and relative volume
Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Concentration of lending and operations within the Western New York region.","Credit quality deterioration of commercial real estate and commercial business loan portfolios.","Sensitivity to interest rate fluctuations and changes in monetary policy affecting net interest margins."]
What changed in the latest 10-Q
AI-assisted comparison of LSBK's 10-Q filed 2026-08-11 against the prior one filed 2026-05-12.
Management's Discussion & Analysis (MD&A)
- Reworded:
- In the Overview section, the newer filing (filed 2026-08-11) refers to financial condition as of June 30, 2026 and results of operations for the three and six months ended June 30, 2026 and 2025, while the older filing (filed 2026-05-12) refers to financial condition as of March 31, 2026 and results of operations for the three months ended March 31, 2026 and 2025.
- The page number following the forward-looking statements section changed from 30 in the older filing to 31 in the newer filing.
- Notes:
- Both provided text excerpts end mid-sentence in the 'Completion of Second-Step Conversion' section, so any changes after the truncation point could not be assessed.
- Only the MD&A sections provided were compared; other sections of the filings were not reviewed.
Risk Factors
- Added:
- Newer filing (2026-08-11) reports 3,168 shares purchased in April 2026 at an average price of $15.85; older filing (2026-05-12) reported no April data.
- Newer filing (2026-08-11) footnote (2) states that on July 28, 2026, the Company commenced repurchases of shares under the plan; older filing (2026-05-12) stated repurchases were expected to commence on July 20, 2026.
- Newer filing (2026-08-11) states the plan allows for a maximum number of 393,191 shares to be repurchased; older filing (2026-05-12) did not include this maximum number.
- Removed:
- Older filing (2026-05-12) footnote (1) included the sentence, "Shares were repurchased into authorized and unissued shares."; this sentence does not appear in the newer filing (2026-08-11).
- Older filing (2026-05-12) reported quarterly repurchase period ending March 31, 2026 with 2,102 shares purchased in March 2026 at $15.43; newer filing (2026-08-11) reports quarterly period ending June 30, 2026 and does not include these older monthly figures.
- Reworded:
- Newer filing (2026-08-11) updates quarter descriptor from "quarter ended March 31, 2026" (older) to "quarter ended June 30, 2026".
- Newer filing (2026-08-11) changes monthly period labels from January/February/March 2026 (older) to April/May/June 2026.
- Newer filing (2026-08-11) replaces the older repurchase data totals (2,102 shares at $15.43) with new totals (3,168 shares at $15.85).
- Item 5 text changes from "first quarter of 2026" (older) to "second quarter of 2026" (newer).
- Notes:
- The provided section labeled 'Risk Factors' also includes Items 2, 5, 6, and signature page content from each filing; comparison covers all text provided.
- The Risk Factors text itself (the disclosure paragraph and the statement of no material changes) is identical in both filings.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for LSBK — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
2 institutional 13F filers reported holding LSBK as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 2
- Reported shares held 95,146
- Reported value $1,694,550
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 1 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about LSBK's institutional holders → See what each manager we track holds →
Short interest (FINRA)
LSBK had 27,881 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
LSBK had 0.36% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1 days to cover at the same settlement.
- Reported short interest (shares) 27,881
- Short interest (% of shares outstanding) 0.36%
- Prior settlement (shares) 18,267
- Reported change 52.63%
- Days to cover (reported) 1
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- M&T Bank (MTB)
- Five Star Bank (FSB)
- Evans Bancorp (EVBN)
- Community Bank System (CBU)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare LSBK vs…
Frequently asked questions
What does Lake Shore Bancorp, Inc. (LSBK) do?
Lake Shore Bancorp, Inc. is a community bank holding company that operates Lake Shore Bank, a New York commercial bank serving the Western New York region through ten branch offices. The bank primarily focuses on retail deposits and provides lending services, including commercial real estate, residential mortgages, and home equity lines of credit.
What sector is Lake Shore Bancorp, Inc. (LSBK) in?
Lake Shore Bancorp, Inc. (LSBK) is classified in the Financials sector. Its industry is community banking. It trades on NASDAQ.
Does LSBK pay a dividend?
Yes — Lake Shore Bancorp, Inc. (LSBK) pays a dividend, with an indicated yield of about 2.00% and at least 2 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are Lake Shore Bancorp, Inc.'s (LSBK) competitors?
Notable peers of Lake Shore Bancorp, Inc. (LSBK) include M&T Bank, Five Star Bank, Evans Bancorp and Community Bank System. This peer set is informational only — not financial advice.
Is Lake Shore Bancorp, Inc. (LSBK) overbought or oversold right now?
Lake Shore Bancorp, Inc. (LSBK) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 51, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LSBK come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.