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Lake Shore Bancorp ( (LSBK) ) just unveiled an announcement.
On July 1, 2025, Lake Shore Bancorp, Inc. held a Special Meeting of Stockholders where the Amended and Restated Plan of Conversion and Reorganization was approved. This plan involves converting from a mutual holding company structure to a fully public stock holding company and transitioning the Bank from a federal savings bank to a New York chartered commercial bank. The conversion and stock offering are still subject to final regulatory approvals and customary closing conditions.
Spark’s Take on LSBK Stock
According to Spark, TipRanks’ AI Analyst, LSBK is a Outperform.
Lake Shore Bancorp demonstrates strong financial stability, reinforced by a solid balance sheet and attractive valuation metrics. Technical indicators suggest positive momentum. The absence of recent earnings call data did not affect the overall score significantly. The company’s strategic move towards a fully-public structure is seen as a growth opportunity.
To see Spark’s full report on LSBK stock, click here.
More about Lake Shore Bancorp
Lake Shore Federal Bancorp is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank operates ten full-service branch locations in Western New York, offering a broad range of retail and commercial lending and deposit services. Its common stock is traded on the NASDAQ Global Market under the symbol ‘LSBK’.
Average Trading Volume: 4,273
Technical Sentiment Signal: Buy
Current Market Cap: $89.62M
Learn more about LSBK stock on TipRanks’ Stock Analysis page.