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

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

LINKBANCORP Stock Up 1.4 %

Shares of NASDAQ:LNKB opened at $7.20 on Wednesday. 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 12 month low of $5.86 and a 12 month high of $7.98. The company’s fifty day moving average price is $7.47 and its 200 day moving average price is $6.93.

LINKBANCORP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, February 28th. LINKBANCORP’s dividend payout ratio (DPR) is -428.57%.

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.