LINKBANCORP (NASDAQ:LNKB) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

LINKBANCORP (NASDAQ:LNKB) posted its quarterly earnings data on Monday. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01, Zacks reports. LINKBANCORP had a net margin of 3.65% and a return on equity of 7.86%.

LINKBANCORP Stock Down 0.1 %

LINKBANCORP stock traded down $0.01 during midday trading on Monday, reaching $7.10. The stock had a trading volume of 35,342 shares, compared to its average volume of 36,366. LINKBANCORP has a 1-year low of $5.86 and a 1-year high of $7.98. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s fifty day simple moving average is $7.47 and its 200-day simple moving average is $6.92. The stock has a market capitalization of $265.33 million, a P/E ratio of -101.43 and a beta of 0.45.

LINKBANCORP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a dividend of $0.075 per share. The ex-dividend date was Friday, November 29th. This represents a $0.30 annualized dividend and a dividend yield of 4.23%. LINKBANCORP’s dividend payout ratio is currently -428.57%.

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.