How to Buy Lake Shore Bancorp Stock
Lake Shore Bancorp Inc
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services.
Lake Shore Bancorp stock last closed at $10.70, up 0.09% from the previous day, and has increased 9.18% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.06 percentage points. Lake Shore Bancorp stock is currently +12.51% from its 52-week low of $9.51, and -12.58% from its 52-week high of $12.24.
There are currently 5.68M LSBK shares outstanding. The market cap of LSBK is $60.83M. In the past 24 hours, 6213 LSBK shares were traded.
How to Buy Lake Shore Bancorp Stock
Wondering how to invest in Lake Shore Bancorp stock? Here's how.
- Choose where to buy Lake Shore Bancorp stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Lake Shore Bancorp stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your details.
- Research Lake Shore Bancorp stock: The Lake Shore Bancorp ticker symbol is LSBK. Is Lake Shore Bancorp stock a good investment? Should you buy shares of LSBK? How do LSBK's underlying business fundamentals look? Do top analysts think Lake Shore Bancorp is a good buy? Why has LSBK's stock price moved recently? (Hint: Our stock research website can help you decide if LSBK is a good stock to buy).
- Execute your LSBK purchase: Decide if you will purchase LSBK shares at the current market price or use a limit order to buy LSBK shares at a given price.
- Get key alerts regarding your LSBK position: Create a watchlist to keep track of your position in Lake Shore Bancorp stock.
Step 1: Choose where to buy Lake Shore Bancorp stock
You will need an online brokerage account in order to access the NASDAQ market and buy LSBK shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you are able to invest in LSBK stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new trading account.
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Step 3: Put funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your new investment account.
Step 4: Research Lake Shore Bancorp stock
Once you have figured out the best place to buy Lake Shore Bancorp stock, it's absolutely critical to research their stock prior to investing, so you truly understand the risk and upside.
Lake Shore Bancorp Metrics
Lake Shore Bancorp Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on LSBK's stock page.
Is LSBK stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge LSBK's fair value.
Using relative valuations measures:
- LSBK may be undervalued based on its P/E ratio of 13.05x, relative to Banks - Regional industry P/E ratio of -10.44x
- LSBK may be undervalued based on its P/B ratio of 0.71x, relative to Banks - Regional industry P/B ratio of 0.99x
- LSBK may be overvalued based on its PEG ratio of 4.03x
You can do more valuation analysis on LSBK's stock here.
LSBK Financial Overview
Positive Health Checks:
- LSBK earnings of $6.22M is not enough to cover its interest payments.
Negative Health Checks:
- LSBK's operating cash flow of $6.21M allows it to safely service it's debt of $38.56M.
- LSBK has a relatively high debt to equity ratio of 7.41.
- Total LSBK debt is higher than 5 years ago, relative to shareholder equity.
- LSBK profit margin has gone down from 21.7% to 17.2% in the past year.
LSBK Technical Indicators
How is LSBK performing as a company?
Last year, LSBK earnings were $4.82M. In the past five year, LSBK's earnings have gone up by 4.44% per year. This was slower than the Banks - Regional industry average of 16.35%.
Last year, LSBK revenue was $28.04M. During the last 5 year, LSBK's revenue has increased by 6.97% per year. This was slower than the Banks - Regional industry average of 7.4%.
You can research LSBK's earnings and revenue performance here.
Latest Insiders Trades at LSBK
In the last 12 months, executives and large shareholders at LSBK have bought more shares than they have sold.
Ronald J. Passafaro, Director of LSBK, was the latest LSBK insider to buy. They bought $17,118.00 worth of LSBK shares on Mar 5, 2024.
Dig into more about who owns LSBK shares here.
Can I get consistent income from LSBK stock?
No, Lake Shore Bancorp doesn't provide an income stream by paying out dividends.
What others are saying about LSBK
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your LSBK purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your LSBK position
Now that you own some LSBK stock, you'll want to keep up with your company.
Put LSBK on a watchlist to get notified of the latest news about your LSBK stock.
LSBK Feed
How to Buy Stock in Lake Shore Bancorp
To summarize, here are the 6 steps to buy Lake Shore Bancorp stock:
- Choose where to buy Lake Shore Bancorp stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Lake Shore Bancorp stock
- Execute your LSBK purchase
- Get key alerts regarding your LSBK position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Lake Shore Bancorp, click below.
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