LINKBANCORP, Inc. (NASDAQ:LNKB – Free Report) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for LINKBANCORP in a report issued on Friday, January 31st. DA Davidson analyst M. Navas anticipates that the company will earn $0.20 per share for the quarter. DA Davidson has a “Buy” rating and a $9.00 price objective on the stock. The consensus estimate for LINKBANCORP’s current full-year earnings is $0.82 per share.
LINKBANCORP (NASDAQ:LNKB – Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. LINKBANCORP had a return on equity of 9.89% and a net margin of 15.64%.
LINKBANCORP Trading Up 4.2 %
Institutional Trading of LINKBANCORP
Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp lifted its holdings in shares of LINKBANCORP by 30.6% in the fourth quarter. Bank of New York Mellon Corp now owns 67,644 shares of the company’s stock worth $506,000 after buying an additional 15,852 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of LINKBANCORP by 11.3% in the fourth quarter. Wealthspire Advisors LLC now owns 71,831 shares of the company’s stock worth $537,000 after purchasing an additional 7,265 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in shares of LINKBANCORP during the 4th quarter valued at approximately $150,000. Wilmington Savings Fund Society FSB grew its stake in shares of LINKBANCORP by 2,122.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 6,666 shares of the company’s stock worth $50,000 after buying an additional 6,366 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its position in shares of LINKBANCORP by 22.2% during the 4th quarter. DAVENPORT & Co LLC now owns 28,109 shares of the company’s stock valued at $210,000 after buying an additional 5,109 shares in the last quarter. Hedge funds and other institutional investors own 37.52% of the company’s stock.
LINKBANCORP Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.075 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.30 annualized dividend and a dividend yield of 4.05%. LINKBANCORP’s payout ratio is 42.86%.
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.
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