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Lake Shore Savings

OverviewSuggest Edit

We offer the products and services most in demand in a global economy, while nurturing the ties we've established with our home communities during the last century.
Lake Shore Savings offers a wide variety of accounts, one to fit your financial lifestyle. For more information on any of our products and services, please call or stop by any of our convenient locations.

TypePublic
Founded1891
HQDunkirk, NY, USMap
Websitelakeshoresavings.com
Employee Ratings3.5More
View Jobs (11)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)112(+4%)
Job Openings11
Revenue (FY, 2020)$878 K(-51%)
Share Price (Apr 2021)$14.5
Cybersecurity ratingBMore

Lake Shore Savings Office Locations

Lake Shore Savings has an office in Dunkirk
Dunkirk, NY, US (HQ)
128 E 4th St
Show all (1)

Lake Shore Savings Financials and Metrics

Lake Shore Savings Revenue

Lake Shore Savings's revenue was reported to be $878 k in FY, 2020
USD

Revenue (FY, 2020)

878.0k

Net income (FY, 2020)

4.6m

Market capitalization (7-Apr-2021)

85.0m

Closing stock price (7-Apr-2021)

14.5

Cash (31-Dec-2020)

43.0m
Lake Shore Savings's current market capitalization is $85 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.7m2.0m2.1m2.2m2.7m4.1m2.7m2.5m1.8m878.0k

Revenue growth, %

(4%)(2%)23%

Sales and marketing expense

353.0k436.0k440.0k429.0k362.0k536.0k596.0k606.0k708.0k671.0k

R&D expense

580.0k620.0k654.0k801.0k1.0m1.1m1.3m1.3m1.4m1.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

545.0k528.0k521.0k457.0k506.0k515.0k515.0k541.0k670.0k531.0k534.0k547.0k1.0m2.2m603.0k658.0k630.0k807.0k617.0k590.0k657.0k629.0k421.0k451.0k473.0k450.0k349.0k

Sales and marketing expense

130.0k129.0k172.0k81.0k82.0k91.0k173.0k93.0k169.0k85.0k106.0k103.0k92.0k113.0k189.0k81.0k167.0k145.0k127.0k153.0k169.0k151.0k158.0k194.0k168.0k173.0k198.0k

R&D expense

143.0k144.0k152.0k153.0k161.0k157.0k160.0k163.0k194.0k202.0k250.0k252.0k264.0k265.0k261.0k289.0k307.0k310.0k320.0k328.0k335.0k337.0k338.0k338.0k346.0k332.0k327.0k

Operating expense total

519.0k542.0k645.0k593.0k456.0k560.0k660.0k517.0k641.0k566.0k558.0k614.0k656.0k642.0k747.0k674.0k751.0k752.0k828.0k780.0k842.0k819.0k783.0k857.0k878.0k848.0k796.0k
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

23.7m19.8m17.2m35.8m34.2m45.5m40.9m30.8m30.3m43.0m

Accounts Receivable

275.1m272.9m277.3m284.9m297.1m365.1m392.5m470.8m524.1m

PP&E

8.5m9.7m9.6m9.5m9.1m8.7m9.4m9.4m9.4m9.0m

Total Assets

488.6m482.4m482.2m487.5m473.4m489.2m519.0m545.7m610.9m686.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

27.1m29.6m29.7m29.4m39.0m26.5m36.1m19.5m41.0m41.9m32.9m27.8m32.6m46.2m41.2m38.5m33.9m33.0m44.4m47.5m43.1m38.1m31.1m21.8m20.6m45.5m78.9m

Accounts Receivable

271.7m275.8m270.4m266.2m265.1m272.1m269.9m273.8m276.6m275.2m286.6m296.6m294.6m301.7m315.2m320.4m345.0m364.0m362.4m371.2m382.3m388.4m401.0m440.2m463.0m473.4m487.9m

PP&E

8.8m8.6m8.6m8.5m8.4m9.9m9.9m9.8m9.6m9.5m9.4m9.3m9.2m9.0m8.9m8.7m8.6m9.3m9.4m9.3m9.4m9.4m9.3m9.4m9.3m9.5m9.2m

Total Assets

483.4m493.8m494.1m492.1m498.7m488.2m489.0m485.4m490.6m486.6m482.9m481.6m472.3m474.3m480.0m478.4m493.9m504.9m512.8m530.1m543.3m546.2m554.5m578.1m596.8m628.3m677.8m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

3.7m3.6m3.7m3.2m3.3m3.5m3.4m4.0m4.1m4.6m

Depreciation and Amortization

655.0k663.0k699.0k750.0k834.0k865.0k852.0k774.0k809.0k840.0k

Cash From Operating Activities

6.2m6.8m5.4m4.3m5.0m4.3m5.8m6.1m5.8m5.6m

Purchases of PP&E

(216.0k)(1.8m)(657.0k)(627.0k)(459.0k)(468.0k)(1.5m)(818.0k)(810.0k)(399.0k)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

1.9m3.1m1.0m1.9m2.8m906.0k1.7m2.7m1.7m2.4m569.0k1.3m2.5m2.0m2.6m3.4m716.0k1.9m2.8m936.0k1.9m3.0m898.0k1.7m2.9m731.0k2.1m

Depreciation and Amortization

332.0k495.0k160.0k326.0k495.0k166.0k338.0k516.0k366.0k559.0k205.0k415.0k625.0k216.0k430.0k646.0k225.0k441.0k648.0k196.0k384.0k579.0k198.0k397.0k600.0k210.0k420.0k

Cash From Operating Activities

3.5m5.0m1.3m2.8m4.6m210.0k2.4m4.4m2.6m3.5m1.1m2.5m4.1m880.0k2.0m3.5m1.2m2.6m4.0m478.0k2.2m3.8m303.0k2.0m4.3m1.4m3.0m

Purchases of PP&E

(121.0k)(171.0k)(180.0k)(297.0k)(401.0k)(379.0k)(577.0k)(636.0k)(321.0k)(446.0k)(66.0k)(147.0k)(262.0k)(91.0k)(151.0k)(240.0k)(105.0k)(967.0k)(1.3m)(150.0k)(379.0k)(589.0k)(86.0k)(338.0k)(507.0k)(253.0k)(193.0k)
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USDQ2, 2011

Financial Leverage

8.2 x
Show all financial metrics

Lake Shore Savings Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

Learn more about our premium products
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Lake Shore Savings Online and Social Media Presence

Lake Shore Savings's Trends

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Lake Shore Savings Blogs

February 11, 2021

The Complete List of Loan Documents You’ll Need to Purchase a Home

Lake Shore Savings Bank is here to help you navigate every step of the home buying process, so you can stress less and focus more on your new home. See our complete list of home loan documents you’ll need to be able to jump-start the process.   The home buying process can seem overwhelming, so […] T…
December 09, 2020

Savings Advice For Millennials

Savings advice and tips for millennials, from millennials. Hear what a few financially savvy 20 and 30-somethings had to say about what they feel they’re doing right when it comes to their money. Millennials have found themselves in a unique position. This group of individuals has now lived through …
October 30, 2020

Building and Maintaining a Good Credit Score

A good credit score is key to financial freedom and flexibility. Check out our tips on how to build and maintain a strong score in our latest blog.   A credit score is a piece of data that plays a crucial role in a lender’s decision to extend a credit offer. There are many different […] The post Bui…
October 08, 2020

Tips for Staying Safe Online

October is National Cybersecurity Awareness Month. Keep your online life safe and secure by following our recommended measures. Did you know National Cyber Security Awareness Month is observed every October? Originally created 17 years ago by the Department of Homeland Security’s National Cyber Secu…
August 21, 2020

Renovate and Refresh with a Home Equity Line of Credit

Now is the perfect time to discover the financial possibilities that are right inside of your front door with a home equity line of credit from Lake Shore Savings Bank. The only consistency in our lives as of late has been consistent change. As a society, we have all been forced to adapt to our […] …
June 25, 2020

The Convenience of Banking Digitally

Take care of your finances from anywhere, anytime with our digital banking services. Manage your money, make mobile deposits and more. Check out all of our different tools, and their benefits, below. The post The Convenience of Banking Digitally appeared first on Lake Shore Savings.
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 Lake Shore Savings Frequently Asked Questions

  • When was Lake Shore Savings founded?

    Lake Shore Savings was founded in 1891.

  • How many employees does Lake Shore Savings have?

    Lake Shore Savings has 112 employees.

  • What is Lake Shore Savings revenue?

    Latest Lake Shore Savings annual revenue is $878 k.

  • What is Lake Shore Savings revenue per employee?

    Latest Lake Shore Savings revenue per employee is $7.8 k.

  • Who are Lake Shore Savings competitors?

    Competitors of Lake Shore Savings include Punjab National Bank, Bank of Baroda and Agricultural Bank of China.

  • Where is Lake Shore Savings headquarters?

    Lake Shore Savings headquarters is located at 128 E 4th St, Dunkirk.

  • Where are Lake Shore Savings offices?

    Lake Shore Savings has an office in Dunkirk.

  • How many offices does Lake Shore Savings have?

    Lake Shore Savings has 1 office.