Lake Shore Bancorp, Inc. is the mid-tier holding company of Lake Shore Savings Bank, a community-oriented financial institution based in Dunkirk, New York. The Bank operates 11 full-service branches in Western New York, offering a variety of retail and commercial lending and deposit services. Its main business involves attracting retail deposits and investing them in commercial real estate loans, residential mortgages, home equity lines of credit, and other loans and securities. The Bank's primary funding sources include deposits, borrowings, brokered deposits, and loan and securities payments. We show 61 historical shares outstanding datapoints in our coverage of LSBK's shares outstanding history.
Understanding the changing numbers of LSBK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like LSBK versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching LSBK by allowing them to research LSBK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
