Lake Historical Income Statement

LSBK Stock

USD 15.85 0.32 1.98%

Historical analysis of Lake Shore income statement accounts such as Other Operating Expenses of 89.3 K can show how well Lake Shore Bancorp performed in making a profits. Evaluating Lake Shore income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lake Shore's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Lake Shore Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lake Shore Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Lake Income Statement Analysis

Lake Shore Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lake Shore shareholders. The income statement also shows Lake investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lake Shore Income Statement Chart

At this time, Lake Shore's Net Interest Income is quite stable compared to the past year.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Lake Shore Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lake Shore Bancorp minus its cost of goods sold. It is profit before Lake Shore operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lake Shore Bancorp. It is also known as Lake Shore overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Lake Shore Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lake Shore Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Lake Shore's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lake Shore Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lake Shore Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Lake Shore's Net Interest Income is quite stable compared to the past year.

	2022	2023	2024	2025 (projected)
Total Revenue	27.0M	28.0M	34.8M	18.0M
Interest Expense	2.4M	9.4M	13.7M	14.4M

Total Revenue Interest Expense

Lake Shore income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Cost Of Revenue	Depreciation And Amortization	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Interest Expense		0.23	0.23	-0.59	0.85	0.09	0.06	0.19	0.04	-0.88	0.0	0.16	0.24	-0.28	-0.27	-0.72	0.26	0.12	0.4	0.65	-0.84
Total Revenue	0.23		1.0	0.18	0.41	0.73	0.79	-0.28	0.78	-0.21	0.83	0.17	0.92	-0.17	0.54	0.16	0.63	0.48	0.7	0.79	-0.25
Gross Profit	0.23	1.0		0.18	0.41	0.73	0.79	-0.28	0.78	-0.21	0.83	0.17	0.92	-0.17	0.54	0.16	0.63	0.48	0.7	0.79	-0.25
Other Operating Expenses	-0.59	0.18	0.18		-0.69	0.12	0.15	-0.01	0.34	0.82	0.33	0.19	0.33	0.14	0.52	0.86	0.2	0.27	0.27	0.0	0.59
Operating Income	0.85	0.41	0.41	-0.69		0.29	0.29	-0.11	0.19	-0.94	0.21	0.01	0.35	-0.21	0.02	-0.69	0.35	0.26	0.42	0.64	-0.89
Ebit	0.09	0.73	0.73	0.12	0.29		0.99	-0.49	0.77	-0.19	0.81	0.2	0.72	-0.29	0.33	0.25	0.72	0.37	0.65	0.62	-0.23
Ebitda	0.06	0.79	0.79	0.15	0.29	0.99		-0.49	0.78	-0.16	0.84	0.17	0.77	-0.26	0.41	0.27	0.7	0.39	0.65	0.62	-0.23
Total Operating Expenses	0.19	-0.28	-0.28	-0.01	-0.11	-0.49	-0.49		-0.42	0.0	-0.52	0.19	-0.33	0.2	-0.43	-0.43	-0.47	-0.18	-0.35	-0.21	0.08
Income Before Tax	0.04	0.78	0.78	0.34	0.19	0.77	0.78	-0.42		-0.05	0.98	0.56	0.71	-0.24	0.46	0.33	0.9	0.71	0.79	0.65	0.01
Total Other Income Expense Net	-0.88	-0.21	-0.21	0.82	-0.94	-0.19	-0.16	0.0	-0.05		-0.04	-0.05	-0.13	0.28	0.27	0.83	-0.25	-0.11	-0.27	-0.52	0.82
Net Income	0.0	0.83	0.83	0.33	0.21	0.81	0.84	-0.52	0.98	-0.04		0.36	0.77	-0.32	0.54	0.37	0.89	0.63	0.78	0.66	-0.03
Income Tax Expense	0.16	0.17	0.17	0.19	0.01	0.2	0.17	0.19	0.56	-0.05	0.36		0.08	0.18	-0.08	-0.01	0.48	0.65	0.39	0.27	0.16
Selling General Administrative	0.24	0.92	0.92	0.33	0.35	0.72	0.77	-0.33	0.71	-0.13	0.77	0.08		-0.14	0.66	0.28	0.65	0.48	0.79	0.83	-0.31
Cost Of Revenue	-0.28	-0.17	-0.17	0.14	-0.21	-0.29	-0.26	0.2	-0.24	0.28	-0.32	0.18	-0.14		0.17	0.1	-0.41	0.27	-0.3	-0.32	0.25
Depreciation And Amortization	-0.27	0.54	0.54	0.52	0.02	0.33	0.41	-0.43	0.46	0.27	0.54	-0.08	0.66	0.17		0.51	0.39	0.53	0.5	0.31	-0.01
Selling And Marketing Expenses	-0.72	0.16	0.16	0.86	-0.69	0.25	0.27	-0.43	0.33	0.83	0.37	-0.01	0.28	0.1	0.51		0.18	0.13	0.21	-0.09	0.56
Net Income From Continuing Ops	0.26	0.63	0.63	0.2	0.35	0.72	0.7	-0.47	0.9	-0.25	0.89	0.48	0.65	-0.41	0.39	0.18		0.71	0.9	0.76	-0.21
Tax Provision	0.12	0.48	0.48	0.27	0.26	0.37	0.39	-0.18	0.71	-0.11	0.63	0.65	0.48	0.27	0.53	0.13	0.71		0.69	0.52	-0.05
Net Interest Income	0.4	0.7	0.7	0.27	0.42	0.65	0.65	-0.35	0.79	-0.27	0.78	0.39	0.79	-0.3	0.5	0.21	0.9	0.69		0.89	-0.39
Interest Income	0.65	0.79	0.79	0.0	0.64	0.62	0.62	-0.21	0.65	-0.52	0.66	0.27	0.83	-0.32	0.31	-0.09	0.76	0.52	0.89		-0.56
Reconciled Depreciation	-0.84	-0.25	-0.25	0.59	-0.89	-0.23	-0.23	0.08	0.01	0.82	-0.03	0.16	-0.31	0.25	-0.01	0.56	-0.21	-0.05	-0.39	-0.56

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Lake Shore Account Relationship Matchups

Lake Shore income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	4.4M	2.7M	2.4M	9.4M	13.7M	14.4M
Total Revenue	22.9M	25.2M	27.0M	28.0M	34.8M	18.0M
Gross Profit	22.9M	25.2M	27.0M	28.0M	34.8M	18.0M
Other Operating Expenses	17.5M	17.7M	18.6M	27.0M	94K	89.3K
Operating Income	5.4M	7.5M	8.4M	6.2M	34.7M	36.4M
Ebit	5.4M	7.5M	6.9M	6.2M	7.2M	4.7M
Ebitda	6.2M	8.3M	7.7M	7.0M	8.1M	5.4M
Total Operating Expenses	(17.5M)	(17.7M)	(18.6M)	27.0M	94K	89.3K
Income Before Tax	5.4M	7.5M	6.9M	6.2M	5.9M	4.6M
Total Other Income Expense Net	73K	59K	(2.0M)	7K	(28.8M)	(27.4M)
Net Income	4.6M	6.2M	5.7M	4.8M	4.9M	3.6M
Income Tax Expense	824K	1.3M	1.2M	1.4M	935K	959.4K
Selling General Administrative	10.5M	10.8M	10.1M	12.4M	12.3M	8.8M
Net Income Applicable To Common Shares	4.1M	4.6M	6.2M	5.7M	6.6M	3.6M
Selling And Marketing Expenses	671K	602K	714K	578K	94K	89.3K
Net Income From Continuing Ops	4.6M	6.2M	5.7M	5.3M	4.9M	4.6M
Tax Provision	824K	1.3M	1.2M	1.1M	935K	1.0M
Net Interest Income	19.9M	22.0M	24.3M	25.3M	21.1M	21.6M
Interest Income	24.3M	24.7M	26.8M	32.6M	34.8M	26.8M
Reconciled Depreciation	840K	865K	856K	811K	739K	654.6K

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When determining whether Lake Shore Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lake Shore Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Lake Shore Bancorp Stock:

How To Invest In Lake

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Is Lake Stock a good investment?

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What is Lake Shore's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lake Shore. If investors know Lake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lake Shore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.11)

Dividend Share

0.54

Earnings Share

0.75

Revenue Per Share

4.51

Quarterly Revenue Growth

(0.1)

The market value of Lake Shore Bancorp is measured differently than its book value, which is the value of Lake that is recorded on the company's balance sheet. Investors also form their own opinion of Lake Shore's value that differs from its market value or its book value, called intrinsic value, which is Lake Shore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lake Shore's market value can be influenced by many factors that don't directly affect Lake Shore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lake Shore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lake Shore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lake Shore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Lake Historical Income Statement

About Lake Income Statement Analysis

Lake Shore Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Lake Shore income statement Correlations

Lake Shore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lake Shore income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 0.99	Ebit
Net Income	+ 0.98	Income Before Tax
Selling General Administrative	+ 0.92	Total Revenue
Selling General Administrative	+ 0.92	Gross Profit
Net Income From Continuing Ops	+ 0.9	Income Before Tax

Total Other Income Expense Net	- 0.94	Operating Income
Reconciled Depreciation	- 0.89	Operating Income
Total Other Income Expense Net	- 0.88	Interest Expense
Reconciled Depreciation	- 0.84	Interest Expense
Selling And Marketing Expenses	- 0.72	Interest Expense
Selling And Marketing Expenses	- 0.69	Operating Income