Lake Shore Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lake Shore Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $28,036,000. Profit margin reached 17%. Total operating expenses were $19,238,000.
Profit Margin
| 2014 | 16.76M | 3.15M | 18.84% |
|---|---|---|---|
| 2015 | 17.53M | 3.33M | 19.03% |
| 2016 | 19.29M | 3.51M | 18.22% |
| 2017 | 19.43M | 3.37M | 17.38% |
| 2018 | 20.40M | 4M | 19.6% |
| 2019 | 21.56M | 4.08M | 18.95% |
| 2020 | 22.92M | 4.55M | 19.88% |
| 2021 | 25.18M | 6.18M | 24.57% |
| 2022 | 27.04M | 5.70M | 21.11% |
| 2023 | 28.03M | 4.82M | 17.19% |
LSBK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.03M | 27.04M | 25.18M | 22.92M | 21.56M | 20.40M | 19.43M | 19.29M | 17.53M | 16.76M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 28.03M | 27.04M | 25.18M | 22.92M | 21.56M | 20.40M | 19.43M | 19.29M | 17.53M | 16.76M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 578K | 714K | 602K | 671K | 708K | 606K | 596K | 536K | 362K | 429K |
Total operating expenses | 19.23M | -18.61M | -17.70M | -17.54M | -16.82M | -12.22M | 4.45M | 4.34M | 13.08M | 12.81M |
Operating income | 6.21M | 8.42M | 7.47M | 5.38M | 4.74M | 8.18M | 4.56M | 4.29M | 4.05M | 3.72M |
Other income (expenses), net | 7K | -1.55M | 7.47M | 73K | 4.74M | -3.60M | 135K | 4.29M | 160K | 132K |
Income before tax | 6.21M | 6.87M | 7.47M | 5.38M | 4.74M | 4.58M | 4.56M | 4.29M | 4.05M | 3.72M |
Income tax expense | 1.39M | 1.16M | 1.28M | 824K | 655K | 585K | 1.18M | 775K | 716K | 567K |
Net income | 4.82M | 5.70M | 6.18M | 4.55M | 4.08M | 4M | 3.37M | 3.51M | 3.33M | 3.15M |
Earnings per share | ||||||||||
Basic EPS | 0.82 | 0.97 | 1.05 | 0.77 | 0.68 | 0.66 | 0.55 | 0.58 | 0.57 | 0.55 |
Diluted EPS | 0.82 | 0.97 | 1.05 | 0.77 | 0.68 | 0.66 | 0.55 | 0.58 | 0.56 | 0.55 |
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