Piper Sandler downgraded LINKBANCORP from Overweight to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2023 | Overweight → Neutral | Piper Sandler |
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
4 - LINKBANCORP, Inc. (0001756701) (Issuer)
Piper Sandler downgraded LINKBANCORP from Overweight to Neutral
Stephens & Co. analyst Matt Breese reiterates Linkbancorp (NASDAQ:LNKB) with a Equal-Weight and maintains $7.5 price target.
LINKBANCORP, Inc. (NASDAQ:LNKB) ("LINK" or the Company), today announced that its wholly owned subsidiary, LINKBANK, entered into a definite purchase and assumption agreement under which American Heritage Federal Credit Union, based in Philadelphia, Pennsylvania, will acquire LINKBANK's banking operations and 3 branches in New Jersey. The transaction includes approximately $105 million of deposits and $123 million in loans.The 3 branches were previously part of the Liberty Bell Bank division of The Bank of Delmarva, which merged with LINBANK as part of the Company's recent merger with Partners Bancorp.
Linkbancorp (NASDAQ:LNKB) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.18 by 11.11 percent. This is a 220 percent increase over earnings of $0.05 per share from the same period last year.
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
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
SC 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
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.
HARRISBURG, Pa., July 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.8 million, or $0.16 per diluted share, for the quarter ended June 30, 2024. Excluding expenses associated with the sale of its New Jersey branches and additional branch consolidations, adjusted earnings were $6.3 million1, or $0.171 per diluted share for the second quarter of 2024. Second Quarter 2024 Highlights Total loans2 increased $63.6 million, or 11.4% annualized from $2.25 billion at March 31, 2024 to $2.3
HARRISBURG, Pa., April 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.73 million, or $0.15 per diluted share, for the quarter ended March 31, 2024. Excluding merger related expenses, adjusted earnings were $5.77 million1, or $0.161 per diluted share for the first quarter of 2024. First Quarter 2024 Highlights Net interest income before provision was $24.9 million for the first quarter of 2024, compared to $14.3 million in the fourth quarter of 2023. Net interest margin grew from 3
SCHEDULE 13G/A - LINKBANCORP, Inc. (0001756701) (Subject)
8-K - LINKBANCORP, Inc. (0001756701) (Filer)
10-Q - LINKBANCORP, Inc. (0001756701) (Filer)
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.
HARRISBURG, Pa., July 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.8 million, or $0.16 per diluted share, for the quarter ended June 30, 2024. Excluding expenses associated with the sale of its New Jersey branches and additional branch consolidations, adjusted earnings were $6.3 million1, or $0.171 per diluted share for the second quarter of 2024. Second Quarter 2024 Highlights Total loans2 increased $63.6 million, or 11.4% annualized from $2.25 billion at March 31, 2024 to $2.3
CAMP HILL, Pa., May 9, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) ("LINK" or the Company), today announced that its wholly owned subsidiary, LINKBANK, entered into a definite purchase and assumption agreement under which American Heritage Federal Credit Union, based in Philadelphia, Pennsylvania, will acquire LINKBANK's banking operations and 3 branches in New Jersey. The transaction includes approximately $105 million of deposits and $123 million in loans. The 3 branches were previously part of the Liberty Bell Bank division of The Bank of Delmarva, which merged wit