Lake Shore Bancorp, Inc. (LSBK) Income Statement
LSBK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLSBK revenue and net income
Where LSBK's revenue goes
2025Each bar shows an amount and its share of revenue. LSBK kept 18.4% of revenue as net income.
LSBK profit margins
LSBK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.8% | +10.3% | +7.7% | +6.9% |
| Gross profit | +8.6% | +2.2% | +5.7% | +5.1% |
| Operating income | +49.2% | +8.4% | +10.2% | +8.0% |
| Net income | +47.4% | +8.4% | +9.8% | +8.1% |
| EPS (diluted) | +26.7% | +3.3% | +7.2% | +3.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LSBK quarterly EPS vs estimates
Next report: October 28, 2026.
LSBK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.6M | $38.1M | $36.4M | $29.5M | $27.8M | $27.3M | $26.8M | $24.0M | $22.1M | $21.6M |
| Cost of revenue | $11.5M | $12.3M | $8.4M | $3.1M | $3.3M | $6.0M | $6.1M | $4.0M | $3.1M | $3.4M |
| Gross profit | $28.1M | $25.8M | $28.0M | $26.3M | $24.5M | $21.3M | $20.7M | $20.0M | $18.9M | $18.2M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $8.9M | $12.3M | $12.9M | $10.8M | $9.8M | $9.4M | $9.6M | $9.1M | $8.4M | $8.0M |
| Total operating expenses | $19.3M | $20.0M | $21.8M | $19.4M | $17.1M | $15.9M | $15.9M | $15.4M | $14.4M | $13.9M |
| Operating income | $8.8M | $5.9M | $6.2M | $6.9M | $7.5M | $5.4M | $4.7M | $4.6M | $4.6M | $4.3M |
| Interest income | $36.3M | $34.8M | $32.6M | $26.8M | $24.7M | $24.3M | $24.3M | $21.5M | $19.4M | $17.5M |
| Interest expense | $11.7M | $13.7M | $9.4M | $2.4M | $2.7M | $4.4M | $5.2M | $3.6M | $2.6M | $2.3M |
| Income before taxes | $8.8M | $5.9M | $6.2M | $6.9M | $7.5M | $5.4M | $4.7M | $4.6M | $4.6M | $4.3M |
| Income taxes | $1.5M | $935,000 | $1.4M | $1.2M | $1.3M | $824,000 | $655,000 | $585,000 | $1.2M | $775,000 |
| Net income | $7.3M | $4.9M | $4.8M | $5.7M | $6.2M | $4.6M | $4.1M | $4.0M | $3.4M | $3.5M |
| EBITDA | $9.2M | $6.6M | $7.0M | $7.7M | $8.3M | $6.2M | $5.6M | $5.4M | $5.4M | $5.2M |
| EPS (diluted) | $1.09 | $0.86 | $0.83 | $0.99 | $1.03 | $0.77 | $0.68 | $0.65 | $0.60 | $0.37 |
| Gross margin | 70.9% | 67.8% | 77.0% | 89.3% | 88.1% | 77.9% | 77.2% | 83.4% | 85.8% | 84.2% |
| Operating margin | 22.1% | 15.4% | 17.1% | 23.3% | 26.8% | 19.7% | 17.7% | 19.1% | 20.7% | 19.9% |
| Net margin | 18.4% | 12.9% | 13.2% | 19.4% | 22.2% | 16.7% | 15.3% | 16.7% | 15.3% | 16.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.1M | $9.8M | $10.1M | $10.4M | $9.9M | $9.1M | $9.7M | $9.6M | $9.5M | $9.3M | $9.5M | $9.3M |
| Cost of revenue | $2.6M | $2.3M | $2.8M | $2.7M | $3.0M | $3.0M | $2.6M | $3.2M | $3.3M | $3.1M | $3.0M | $2.2M |
| Gross profit | $7.5M | $7.5M | $7.3M | $7.7M | $6.9M | $6.1M | $7.0M | $6.4M | $6.2M | $6.2M | $6.5M | $7.1M |
| Sales, general & admin | $3.2M | $3.4M | $3.1M | $3.0M | $2.9M | $3.0M | $3.4M | $2.9M | $3.0M | $3.1M | $3.2M | $3.2M |
| Total operating expenses | $4.9M | $5.1M | $5.0M | $4.8M | $4.6M | $4.9M | $5.3M | $4.8M | $4.9M | $5.0M | $5.2M | $5.2M |
| Operating income | $2.6M | $2.4M | $2.3M | $2.8M | $2.3M | $1.3M | $1.7M | $1.6M | $1.3M | $1.2M | $1.3M | $1.9M |
| Interest income | $9.4M | $9.1M | $9.5M | $9.4M | $9.1M | $8.4M | $8.6M | $8.9M | $8.8M | $8.6M | $8.6M | $8.7M |
| Interest expense | $2.5M | $2.4M | $2.8M | $3.0M | $3.0M | $2.9M | $3.2M | $3.5M | $3.5M | $3.5M | $3.1M | $2.4M |
| Income before taxes | $2.6M | $2.4M | $2.3M | $2.8M | $2.3M | $1.3M | $1.7M | $1.6M | $1.3M | $1.2M | $1.3M | $1.9M |
| Income taxes | $477,000 | $430,000 | $411,000 | $487,000 | $378,000 | $206,000 | $278,000 | $258,000 | $216,000 | $183,000 | $561,000 | $332,000 |
| Net income | $2.2M | $1.9M | $1.9M | $2.4M | $1.9M | $1.1M | $1.5M | $1.3M | $1.1M | $1.0M | $749,000 | $1.6M |
| EBITDA | $2.8M | $2.5M | $2.5M | $3.0M | $2.5M | $1.4M | $1.9M | $1.8M | $1.5M | $1.4M | $1.5M | $2.1M |
| EPS (diluted) | $0.29 | $0.26 | $0.25 | $0.32 | $0.34 | $0.19 | $0.26 | $0.24 | $0.19 | $0.17 | $0.13 | $0.27 |
| Gross margin | 74.2% | 76.6% | 72.0% | 73.8% | 69.9% | 67.6% | 72.7% | 66.4% | 65.6% | 66.5% | 68.3% | 76.1% |
| Operating margin | 26.1% | 24.1% | 23.1% | 27.3% | 23.2% | 13.9% | 18.1% | 16.5% | 14.0% | 12.8% | 13.7% | 20.4% |
| Net margin | 21.4% | 19.7% | 19.1% | 22.6% | 19.4% | 11.6% | 15.2% | 13.8% | 11.8% | 10.9% | 7.9% | 16.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LSBK's financial statements (latest annual report filed January 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LSBK financial results
In fiscal year 2025 (ended December 31, 2025), Lake Shore Bancorp reported revenue of $39.6 million, up 3.8% from the year before. It had net income of $7.3 million (up 47.4%), a net profit margin of 18.4%. Diluted earnings per share came to $1.09. Over five years revenue grew at an average rate of 7.7% a year.
See the LSBK stock overview for the latest quote and news, or the LSBK chart for price history and technical indicators.
LSBK income statement FAQ
What is Lake Shore Bancorp's annual revenue?
Lake Shore Bancorp reported total revenue of $39.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 3.8% from $38.1 million the previous year.
Is Lake Shore Bancorp profitable?
Yes. Lake Shore Bancorp reported net income of $7.3 million in fiscal 2025, a net profit margin of 18.4%; its operating margin was 22.1%.
What is Lake Shore Bancorp's gross margin?
Lake Shore Bancorp's gross margin was 70.9% in fiscal 2025: for every $100 of revenue, Lake Shore Bancorp kept $71 after the direct cost of its products and services.
How fast is Lake Shore Bancorp growing?
Revenue grew 7.7% a year on average over the last five fiscal years, from $27.3 million to $39.6 million.
What are Lake Shore Bancorp's earnings per share?
Lake Shore Bancorp earned $1.09 per diluted share in fiscal 2025, compared with $0.86 a year earlier.
When will Lake Shore Bancorp report its next earnings?
Lake Shore Bancorp is expected to report results for the quarter ending September 30, 2026 on October 28, 2026.
When does Lake Shore Bancorp's fiscal year end?
Lake Shore Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on January 22, 2026.