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Limestone Bancorp, Inc is currently in a long term uptrend where the price is trading 16.3% above its 200 day moving average.
From a valuation standpoint, the stock is 71.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.6.
Limestone Bancorp, Inc's total revenue rose by 18.6% to $12M since the same quarter in the previous year.
Its net income has increased by 76.7% to $3M since the same quarter in the previous year.
Finally, its free cash flow grew by 142.6% to $9M since the same quarter in the previous year.
Based on the above factors, Limestone Bancorp, Inc gets an overall score of 5/5.
Exchange | NASDAQ |
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Industry | Banks - Regional |
CurrencyCode | USD |
ISIN | US53262L1052 |
Sector | Financial Services |
Dividend Yield | 0.8% |
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Beta | 0.73 |
Market Cap | 179M |
PE Ratio | 9.44 |
Target Price | 28 |
As of April 30, 2023, Limestone Bancorp, Inc. was acquired by Peoples Bancorp Inc. Limestone Bancorp, Inc. operates as the bank holding company for Limestone Bank, Inc. that provides a range of personal and business banking products and services. The company's deposit products include savings, interest checking, and money market accounts, as well as fixed rate certificates with varying maturities. It also provides commercial loans for equipment purchases, working capital, and other financing needs of business enterprises; and commercial real estate loans that comprise loans on properties occupied by borrowers and tenants, as well as construction and development loans secured by land under development, or homes and commercial buildings under construction. In addition, the company offers residential real estate loans; consumer loans; agriculture loans secured by livestock, crops, and equipment; and other loans, including loans to municipalities, loans secured by stock, and overdrafts. Further, it provides drive-through banking facilities, automatic teller machines, personalized checks, credit and debit cards, electronic funds transfers through ACH services, domestic and foreign wire transfers, and loan and deposit sweep accounts; and curbside banking, night depository, internet and mobile banking, treasury management, remote deposit, cash management, and vault services. The company primarily serves communities and small to medium-sized businesses, the owners and employees of these businesses, and other executives and professionals. The company was formerly known as Porter Bancorp, Inc. and changed its name to Limestone Bancorp, Inc. in May 2018. Limestone Bancorp, Inc. was founded in 1902 and is headquartered in Louisville, Kentucky.
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