Recent Updates — LSBK
The Board of Directors declared a cash dividend of $0.09 per share on outstanding common stock. The payment is expected on November 11, 2026 to shareholders of record as of November 2, 2026. Lake Shore Bancorp operates as the holding company for Lake Shore Bank, a community-oriented financial institution providing retail and commercial lending and deposit services in Western New York.
Lake Shore Bancorp reported unaudited third-quarter 2026 net income of $2.3 million, or $0.31 per diluted share, a slight decrease from $2.4 million, or $0.32 per diluted share, in the prior-year quarter. For the first nine months of 2026, net income rose to $6.4 million, or $0.87 per diluted share, compared to $5.3 million, or $0.70 per diluted share, in 2025. The quarterly decline was primarily due to a one-time death benefit on bank-owned life insurance recognized in the third quarter of 2025, which boosted prior-year non-interest income. Net interest income increased by 12.4% year-over-year to $7.1 million, driven by higher yields and loan balances, while net interest margin expanded to 4.17%. The company repurchased approximately 105,090 shares during the quarter at an average cost of $17.92 per share. Lake Shore Bancorp operates as a community bank holding company in Western New York.
Lake Shore Bancorp, Inc. declared a cash dividend of $0.09 per share on its outstanding common stock on July 22, 2026. The dividend is scheduled to be paid on August 12, 2026, to shareholders of record as of August 3, 2026. Lake Shore Bancorp, Inc. is a financial holding company that provides retail and commercial lending and deposit services through its subsidiary, Lake Shore Bank.
Lake Shore Bancorp reported second quarter 2026 net income of $2.2 million, or $0.29 per diluted share, compared to $1.9 million, or $0.25 per diluted share, for the same period in 2025. Net interest income rose 12.6% to $6.9 million, while the net interest margin increased to 4.06%. The company declared and paid a quarterly dividend of $0.09 per share. Lake Shore Bancorp is a financial holding company that operates Lake Shore Bank, providing retail and commercial lending and deposit services in Western New York.