FY2025 EPS Estimates for LINKBANCORP Lowered by DA Davidson

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

LINKBANCORP (NASDAQ:LNKB) last issued its quarterly earnings data on Monday, October 28th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $27.66 million for the quarter, compared to analyst estimates of $27.33 million. LINKBANCORP had a net margin of 3.65% and a return on equity of 7.86%.

LINKBANCORP Stock Up 2.8 %

LINKBANCORP stock opened at $7.72 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. LINKBANCORP has a 1-year low of $5.86 and a 1-year high of $8.29. The firm’s fifty day simple moving average is $7.22 and its 200-day simple moving average is $6.71. The company has a market capitalization of $288.50 million, a P/E ratio of -110.29 and a beta of 0.45.

LINKBANCORP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.30 annualized dividend and a yield of 3.89%. LINKBANCORP’s dividend payout ratio (DPR) is currently -428.57%.

Institutional Trading of LINKBANCORP

Several large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp bought a new position in shares of LINKBANCORP in the 2nd quarter valued at approximately $397,000. Rhumbline Advisers acquired a new position in LINKBANCORP during the second quarter valued at approximately $137,000. Renaissance Technologies LLC bought a new position in shares of LINKBANCORP in the second quarter valued at approximately $151,000. The Manufacturers Life Insurance Company acquired 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 worth $73,000. Institutional investors own 37.52% of the company’s stock.

LINKBANCORP Company Profile

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.