FY2025 EPS Estimates for LINKBANCORP Cut by DA Davidson

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

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

LINKBANCORP Stock Performance

Shares of LNKB stock opened at $7.72 on Friday. The firm has a market capitalization of $288.50 million, a price-to-earnings ratio of -110.29 and a beta of 0.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 1.00. LINKBANCORP has a 1 year low of $5.86 and a 1 year high of $8.29. The business has a fifty day moving average of $7.22 and a 200 day moving average of $6.72.

LINKBANCORP Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fourthstone LLC boosted its holdings in LINKBANCORP by 234.1% during the 3rd quarter. Fourthstone LLC now owns 444,223 shares of the company’s stock valued at $2,847,000 after acquiring an additional 311,271 shares during the period. Geode Capital Management LLC lifted its holdings in LINKBANCORP by 13.7% during the 3rd quarter. Geode Capital Management LLC now owns 562,775 shares of the company’s stock worth $3,608,000 after buying an additional 67,728 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of LINKBANCORP in the second quarter worth $397,000. Renaissance Technologies LLC acquired a new position in shares of LINKBANCORP in the second quarter worth $151,000. Finally, Rhumbline Advisers purchased a new stake in shares of LINKBANCORP during the second quarter worth $137,000. 37.52% of the stock is currently owned by institutional investors and hedge funds.

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.