Streetbeat News

LNKB

Linkbancorp Inc

Employees

109

Industry

Monetary Authorities-Central Bank

linkbancorp, inc. operates as the bank holding company for linkbank that provides personal and business banking products and services in pennsylvania. the company offers checking and savings accounts; small business, term, auto, and real estate loans, as well as lines of credit; and treasury management services such as, remote deposit capture, ach collection and disbursement, merchant, and wire transfer. it also provides convenience services, including atms, debit cards, online and mobile banking, bill pay, card valet, and e-statements. the company was founded in 2018 and is based in camp hill, pennsylvania.

Open

7.55

Mkt cap

272M

Volume

62K

High

7.56

P/E Ratio

-31.65

52-wk high

8.29

Low

7.22

Div yield

0.04

52-wk low

5.86

Linkbancorp reported Q3 earnings of $0.19 per share, surpassing the analyst estimate of $0.18, but reflecting a 24% decrease from the previous year's $0.25 per share.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:31 pm

Linkbancorp (NASDAQ:LNKB) reported Q2 earnings of $0.17 per share, missing the analyst estimate of $0.18. Sales were $26.35M, below the $27.79M estimate. Despite missing estimates, earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:46 pm

Stephens & Co. analyst Matt Breese reiterated an Equal-Weight rating on Linkbancorp (NASDAQ:LNKB) and maintained a price target of $7.5. This reaffirmation of the stock's rating and price target suggests a stable outlook for Linkbancorp's stock in the near term.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:11 pm

LINKBANCORP, Inc. (NASDAQ:LNKB) has announced the sale of its New Jersey operations, including $105M in deposits and $123M in loans, to American Heritage Federal Credit Union. The sale encompasses 3 branches previously part of Liberty Bell Bank, a division of The Bank of Delmarva, which merged with LINKBANK following LINKBANCORP's merger with Partners Bancorp.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:26 pm

Linkbancorp (NASDAQ:LNKB) reported Q1 adjusted earnings of $0.16 per share, missing the consensus estimate of $0.18 by 11.11%. This represents a 220% increase from the $0.05 per share reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:51 pm

Linkbancorp, Inc. (NASDAQ: LNKB) reported Q4 2023 earnings of $0.09 per share, surpassing the consensus estimate of $(0.26) by 134.62%. However, the company's sales of $15.49 million fell short of the expected $18.92 million by 18.11%, despite being a 63.18% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:35 pm

LINKBANCORP, Inc. (LNKB) and Partners Bancorp (PTRS) have received the final regulatory approval from the Federal Reserve Board for their merger of equals. The all-stock transaction will result in Partners merging into LINKBANCORP, with LINKBANCORP as the surviving entity. The Bank of Delmarva and Virginia Partners Bank will merge into LINKBANK. The expected closing date is November 30, 2023, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:21 pm

Linkbancorp has reported a Q3 GAAP EPS of $0.25, up from $0.23 YoY. The company also noted an increase in average loan balances with higher yields earned.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 12:07 pm

LINKBANCORP, Inc. (LNKB) and Partners Bancorp (PTRS) have received necessary regulatory approvals for their merger of equals. The approvals came from the Federal Deposit Insurance Corporation, the Pennsylvania Department of Banking and Securities, the Virginia State Corporation Commission, the Delaware Office of the State Bank Commissioner, and the Maryland Office of the Commissioner of Financial Regulation. The merger, which was previously approved by shareholders, remains subject to the approval of the Board of Governors of the Federal Reserve System and other customary closing conditions. The merger is expected to close in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 8:12 pm

Stephens & Co. analyst Matt Breese maintains an Equal-Weight rating on Linkbancorp (NASDAQ:LNKB) and raises the price target from $6.5 to $7.

Portfolio Pulse from jenniferd'souza@benzinga.com

August 08, 2023 | 1:14 pm

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