Q2 Earnings Forecast for LINKBANCORP Issued By DA Davidson

LINKBANCORP, Inc. (NASDAQ:LNKB) – DA Davidson issued their Q2 2025 earnings estimates for LINKBANCORP in a research note issued to investors on Friday, May 2nd. DA Davidson analyst M. Navas anticipates that the company will post earnings of $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 $0.84 per share.

Separately, Hovde Group assumed coverage on shares of LINKBANCORP in a research note on Tuesday, April 1st. They issued an “outperform” rating and a $8.50 target price for the company.

LINKBANCORP Price Performance

Shares of NASDAQ:LNKB opened at $6.80 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $254.16 million, a P/E ratio of 9.71 and a beta of 0.49. LINKBANCORP has a 52-week low of $5.86 and a 52-week high of $7.98. The stock’s fifty day simple moving average is $6.78 and its 200-day simple moving average is $7.14.

LINKBANCORP (NASDAQ:LNKB) last posted its earnings results on Monday, April 28th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $39.09 million for the quarter, compared to analyst estimates of $28.56 million. LINKBANCORP had a return on equity of 9.89% and a net margin of 15.64%.

Institutional Investors Weigh In On LINKBANCORP

Several hedge funds have recently made changes to their positions in LNKB. Wilmington Savings Fund Society FSB increased its stake in LINKBANCORP by 2,122.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 6,666 shares of the company’s stock valued at $50,000 after purchasing an additional 6,366 shares during the last quarter. Invesco Ltd. acquired a new position in shares of LINKBANCORP during the 4th quarter valued at about $78,000. Wells Fargo & Company MN lifted its holdings in shares of LINKBANCORP by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 12,989 shares of the company’s stock worth $97,000 after acquiring an additional 2,829 shares during the period. Stonebridge Financial Group LLC acquired a new stake in shares of LINKBANCORP in the fourth quarter worth approximately $150,000. Finally, Bank of America Corp DE grew its holdings in LINKBANCORP by 31.1% in the fourth quarter. Bank of America Corp DE now owns 22,444 shares of the company’s stock valued at $168,000 after purchasing an additional 5,322 shares during the period. Institutional investors and hedge funds own 37.52% of the company’s stock.

LINKBANCORP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.30 annualized dividend and a yield of 4.41%. LINKBANCORP’s dividend payout ratio (DPR) is presently 31.25%.

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.