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Lake Shore Gold Corporation
TORONTO LSG.TO 2,07 CA$ 84,38%
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Lake Shore Bancorp posts 4Q profit

Publié le 31 janvier 2017

DUNKIRK, N.Y. (AP) _ Lake Shore Bancorp Inc. (LSBK) on Tuesday reported fourth-quarter earnings of $140,000.

On a per-share basis, the Dunkirk, New York-based company said it had net income of 2 cents.

The holding company for Lake Shore Savings Bank posted revenue of $5 million in the period. Its adjusted revenue was $4.4 million.

For the year, the company reported profit of $3.5 million, or 58 cents per share. Revenue was reported as $19.3 million.

Lake Shore Bancorp shares have decreased almost 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.84, a climb of 18 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSBK at https://www.zacks.com/ap/LSBK

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Keywords: Lake Shore Bancorp, Earnings Report

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