Lake Shore Bancorp is a savings and loan holding company. Through its subsidiary, Lake Shore Savings Bank (the Bank), Co.'s principal business consists of accepting retail deposits from the general public in the areas surrounding its branch offices and investing those deposits, together with funds generated from operations, primarily in commercial real estate loans, one- to four-family residential mortgage loans, home equity lines of credit and, to a lesser extent, commercial business loans, consumer loans, and investment securities. Co.'s geographic market area for loans and deposits is principally located within Erie and Chautauqua Counties, within Western New York. We show 58 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
