Overview
Lake Shore Q3 net income rises 77.1% yr/yr, driven by higher net interest income
Company's net interest margin improves to 3.72% in Q3 2025
Lake Shore reduces wholesale funding, repaying $8.3 mln in borrowings
Result Drivers
NET INTEREST INCOME - Increase in net interest income by $972,000, or 18.1%, positively impacted Q3 results
NON-INTEREST INCOME - Non-interest income rose by $274,000, or 34.6%, due to gains in bank-owned life insurance and equity securities
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | $2.35 mln | ||
Q3 Net Interest Income | $6.35 mln | ||
Q3 Basic EPS | $0.32 | ||
Q3 Net Interest Margin | 3.72% | ||
Q3 Pretax Profit | $2.84 mln | ||
Q3 Provision For Credit losses | -$269,000 |
Press Release: ID:nGNX6cmG7N
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)