FY2025 EPS Estimates for LINKBANCORP Reduced by Analyst

LINKBANCORP, Inc. (NASDAQ:LNKB) – DA Davidson decreased their FY2025 earnings per share estimates for shares of LINKBANCORP in a report released on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the company will post earnings per share of $0.85 for the year, down from their previous estimate of $0.87. The consensus estimate for LINKBANCORP’s current full-year earnings is $0.71 per share.

LINKBANCORP Stock Up 0.3 %

LNKB stock opened at $7.51 on Friday. LINKBANCORP has a fifty-two week low of $5.86 and a fifty-two week high of $8.29. The company has a market cap of $280.65 million, a price-to-earnings ratio of -107.29 and a beta of 0.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50-day moving average is $7.19 and its two-hundred day moving average is $6.70.

LINKBANCORP (NASDAQ:LNKB) last posted its earnings results on Monday, October 28th. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. The business had revenue of $27.66 million during the quarter, compared to the consensus estimate of $27.33 million. LINKBANCORP had a net margin of 3.65% and a return on equity of 7.86%.

Institutional Trading of LINKBANCORP

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new position in shares of LINKBANCORP during the 2nd quarter valued at approximately $397,000. Rhumbline Advisers bought a new position in shares of LINKBANCORP in the second quarter worth approximately $137,000. Renaissance Technologies LLC purchased a new stake in shares of LINKBANCORP in the second quarter worth $151,000. The Manufacturers Life Insurance Company purchased a new stake in shares of LINKBANCORP in the second quarter worth $65,000. Finally, Truist Financial Corp bought a new stake in shares of LINKBANCORP during the 2nd quarter valued at $73,000. Hedge funds and other institutional investors own 37.52% of the company’s stock.

LINKBANCORP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend was Friday, November 29th. LINKBANCORP’s dividend payout ratio is presently -428.57%.

About LINKBANCORP

LINKBANCORP, Inc operates as a bank holding company for The Gratz Bank, that provides various banking products and services to individuals, families, nonprofit, and business customers in Pennsylvania. Its deposit products include demand, saving, and money market accounts, as well as certificates of deposits.