Lake Shore Bancorp (LSBK) Financial Statements & Analysis

Lake Shore Bancorp (LSBK) Income Statement

Lake Shore Bancorp reported revenue of $39.55M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 62.3% from $24.37M a year earlier. Net income was $7.27M, up 47.4% year over year, a net margin of 18.4%. Gross margin was 70.9% and operating margin 22.1%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $7.64M, up 3.0% from the same quarter a year earlier.

Lake Shore Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Lake Shore Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	39.55	24.37	26.99	26.32	27.85	27.33	26.76	24.01	22.06
Cost of Revenue	11.50	12.26	8.35	3.14	3.32	6.03	6.10	3.99	3.14
Gross Profit	28.06	25.85	28.04	26.32	24.53	21.30	20.66	20.02	18.92
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	8.89	12.34	12.95	7.56	9.78	9.43	9.56	9.13	8.37
Operating Expenses	19.31	19.98	21.82	19.45	17.06	15.92	15.92	15.43	14.36
Operating Income	8.75	5.87	6.21	6.87	7.48	5.38	4.74	4.59	4.56
Other Income/Expense
Interest Income	36.28	34.80	33.76	26.75	24.66	24.34	24.27	21.54	19.41
Interest Expense	11.72	13.74	9.40	2.42	2.67	4.40	5.20	3.60	2.63
Other Income/Expense	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	8.75	5.87	6.22	6.87	7.48	5.38	4.74	4.59	4.56
Income Tax Expense	1.48	0.94	1.40	1.16	1.29	0.82	0.66	0.59	1.19
Net Income	7.27	4.93	4.82	5.71	6.19	4.56	4.09	4.00	3.38
Net Income - Continuous Operations	7.27	4.93	4.82	5.71	6.19	4.56	4.09	4.00	3.38
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	9.21	6.61	0.81	0.86	8.34	6.22	5.55	5.36	5.42
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.46	0.74	0.81	0.86	0.87	0.84	0.81	0.77	0.85
Earnings Per Share
Basic EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-
Diluted EPS	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-
Basic Shares Outstanding	7.44	5.60	5.88	7.97	7.97	8.07	8.13	8.23	8.28
Diluted Shares Outstanding	7.44	5.60	5.88	7.97	7.98	8.07	8.13	8.25	8.29

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About Lake Shore Bancorp Financial Statements

What was Lake Shore Bancorp's revenue in fiscal 2025?

Lake Shore Bancorp reported revenue of $39.55M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 62.3% from $24.37M a year earlier.

Is Lake Shore Bancorp profitable?

Yes. Lake Shore Bancorp earned net income of $7.27M in fiscal 2025, a net margin of 18.4%. In fiscal 2024 it earned $4.93M.

What is Lake Shore Bancorp's operating margin?

Lake Shore Bancorp's operating income was $8.75M on revenue of $39.55M in fiscal 2025, an operating margin of 22.1%, compared with 24.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition