Hovde Group initiated coverage of LINKBANCORP with a rating of Outperform and set a new price target of $8.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/1/2025 | $8.50 | Outperform | Hovde Group |
| 2/6/2023 | Overweight → Neutral | Piper Sandler |
HARRISBURG, Pa., April 28, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank"), reported record net income of $15.3 million, or $0.41 per diluted share, for the quarter ended March 31, 2025, compared to net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024. Excluding income and expenses associated with the sale of the Bank's New Jersey operations and expenses related to the reduction of the size of the Board of Directors, adjusted earnings were $7.4 million1, or $0.201 per diluted share for the first quarter of 2025, compared with $7.6 million1, or $0.211 per diluted share for the fourth
CAMP HILL, Pa., April 1, 2025 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. (NASDAQ:LNKB) ( "Company"), announced that the Company's wholly owned subsidiary, LINKBANK ("LINK"), has successfully consummated the sale of its banking operations and three branches in New Jersey, including related loans and deposits (the "New Jersey Operations") to American Heritage Federal Credit Union, headquartered in Philadelphia, Pennsylvania. The transaction, effective March 31, 2025, involved the transfer of three branch locations, approximately $87 million of deposits, and $105 million in loans. Under the terms of the purchase and assumption agreement, deposits were sold at a
CAMP HILL, Pa., March 26, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) ("LINK" or the "Company"), parent company of LINKBANK, has announced all regulatory approvals have been received to complete the previously announced sale of LINK's New Jersey operations to American Heritage Federal Credit Union, headquartered in Philadelphia, Pennsylvania. The transaction, which is anticipated to close on March 31, 2025, is subject to the fulfillment of customary closing conditions. This strategic sale includes three of the Company's branches, along with the associated loans, depos
HARRISBURG, Pa., April 28, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank"), reported record net income of $15.3 million, or $0.41 per diluted share, for the quarter ended March 31, 2025, compared to net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024. Excluding income and expenses associated with the sale of the Bank's New Jersey operations and expenses related to the reduction of the size of the Board of Directors, adjusted earnings were $7.4 million1, or $0.201 per diluted share for the first quarter of 2025, compared with $7.6 million1, or $0.211 per diluted share for the fourth
HARRISBURG, Pa., Jan. 27, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024, compared to net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024. Excluding expenses associated with the pending sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.6 million1, or $0.211 per diluted share for the fourth quarter of 2024, compared with $7.2 million1, or $0.191 per diluted share for the third quarter of 2024. Net income for the year ended December 31, 2
HARRISBURG, Pa., Oct. 28, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024, demonstrating continued growth compared to net income of $5.8 million, or $0.16 per diluted share, for the linked quarter ended June 30, 2024. Excluding expenses associated with the sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.2 million1, or $0.191 per diluted share for the third quarter of 2024, compared with $6.3 million1, or $0.171 per diluted share for the second quarter of 2024.
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
CAMP HILL, Pa., May 7, 2024 /PRNewswire/ -- Andrew Samuel, CEO of LINKBANCORP, Inc. (the "Company"), has announced the appointment of Catherine Eisel as Chief Risk Officer of the Company and its banking subsidiary, LINKBANK. In her capacity as Chief Risk Officer, Eisel, who originally joined LINKBANK as Deputy Chief Risk Officer, will serve as a member of the Company's executive leadership team and report directly to Samuel. Her responsibilities will encompass overseeing all aspects of the Company's risk management program. Eisel has spent her entire career with the Federal D
CAMP HILL, Pa., Dec. 1, 2023 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced today the completion of the merger of Partners Bancorp ("Partners") (NASDAQ:PTRS) with and into LINK, and the merger of The Bank of Delmarva and Virginia Partners Bank with and into LINKBANK, effective November 30, 2023. "We are delighted with the closing of this transformational combination that establishes LINKBANK as a premier Mid Atlantic community bank franchise," said Samuel. "We look forward to moving forw
CAMP HILL, Pa., Feb. 15, 2023 /PRNewswire/ -- LINKBANCORP, Inc. announced the appointment of Dee Bonora as Chief Technology Officer. As Chief Technology Officer, Bonora will help drive innovation and operational excellence throughout the organization. With 25 years of technology and software engineering experience within the banking and other industries, she brings a wealth of knowledge to the Company. "We are thrilled to have Dee join the team," said Andrew Samuel, Chief Executive Officer. "Dee's experience, leadership and knowledge will help us continue to improve business f
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
10-Q - LINKBANCORP, Inc. (0001756701) (Filer)
EFFECT - LINKBANCORP, Inc. (0001756701) (Filer)
8-K - LINKBANCORP, Inc. (0001756701) (Filer)
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
Hovde Group initiated coverage of LINKBANCORP with a rating of Outperform and set a new price target of $8.50
Piper Sandler downgraded LINKBANCORP from Overweight to Neutral