Lake Shore Bancorp Inc. Reports Q2 2025 Net Income of $1.9 Million, EPS Up to $0.34, Driven by Increased Net Interest and Non-Interest Income
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Lake Shore Bancorp Inc. reported Q2 2025 net income of $1.9 million, or $0.34 per diluted share, up from $1.1 million, or $0.19 per share in Q2 2024. For H1 2025, net income reached $3.0 million, compared to $2.1 million in H1 2024. The growth was driven by increased net interest and non-interest income, and reduced non-interest expenses. Additionally, the company completed a conversion from mutual to stock form, selling approximately 4.95 million shares at $10.00 each, raising $49.5 million.
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