Professional
Added to YB: 2025-08-20
Pitch date: 2025-08-18
LSBK [bullish]
Lake Shore Bancorp, Inc.
+17.02%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services in New York.
Market Cap
$110.2M
Pitch Price
$12.71
Price Target
N/A
Dividend
2.53%
EV/EBITDA
N/A
P/E
11.92
EV/Sales
N/A
Sector
Banks
Category
special_situation
LSBK: Post-Conversion, Activist Presence and Buyback Optionality Ahead
LSBK: Recently converted mutual bank trading at 0.75x BV with 5-7% ROE (9% recent qtr). Activist Stillwell established 10% stake with 13D filing. No sale for 3yrs but buybacks possible in 1yr. Sole major institutional holder could drive visibility. Tier 1 ratio 15%. NE banks selling at ~1.5x TBV, re-rating potential.
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