Overall Score

Profitability Returns

LSBK’s TTM gross margin is 74.1% and net margin is 20.7%, indicating solid spread capture for a bank.

Returns remain modest, with ROE at 5.9% and ROIC at 1.1%, suggesting limited moat-like compounding power so far.

Balance Sheet Funding

The bank shows no debt on the reported balance sheet and net debt to EBITDA is negative, supporting a conservative capital structure.

Liquidity appears tight on standard ratios, but tangible book value per share is $19.32 and price to book is 0.89x, implying the market values the franchise below book.

Efficiency Operating Discipline

Operating efficiency is reasonable, with an operating margin of 25.2% and fixed asset turnover of 5.9x.

The cash conversion cycle is 26.7 days and capex intensity is minimal, which supports disciplined operations.

Valuation Support

Valuation is not demanding at 15.4x earnings, 3.35x sales, and 12.9x free cash flow.

A 2.1% dividend yield and 0.89x price to book provide some downside support for a bank with stable profitability.