Lake Shore Bancorp Q2 Net Income Rises 13.2% to $2.2M, NIM Expands to 4.06%
LSBK sits 48% above its 52-week low of $11.5.
Summary
Lake Shore Bancorp reported Q2 2026 net income of $2.2 million, or $0.29 per share, up 13.2% from $1.9 million a year ago. Net interest income grew 12.6% to $6.9 million, driven by a 22-basis-point expansion in net interest margin to 4.06%. The efficiency ratio improved to 63.77%, and book value per share rose to $18.41. Asset quality remains strong with non-performing assets at just 0.20% of total assets. This follows a strong Q1 where net income surged 81.9% year-over-year, and the first half of 2026 now shows a 37.7% increase in net income to $4.1 million. The results confirm sustained profitability improvement and disciplined expense management, with capital ratios well above regulatory requirements.
At the time of this announcement, LSBK was trading at $17.01 on NASDAQ in the Finance sector, with a market capitalization of approximately $131.7M. The 52-week trading range was $11.50 to $17.96. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.