LINKBANCORP beats Q4 adjusted net income expectations

Reuters01-27
LINKBANCORP beats Q4 adjusted net income expectations

Overview

  • LINKBANCORP's Q4 adjusted net income beat analyst expectations

  • Net income for Q4 declined due to increased provision expenses

  • Company announced strategic merger with Burke & Herbert in December

Outlook

  • Company plans to focus on organic growth and client service in 2026

  • LINKBANCORP expects successful merger with Burke & Herbert to create shareholder value

Result Drivers

  • PROVISION EXPENSES - Increased provision expenses for a specific commercial credit negatively impacted Q4 net income

  • COMMERCIAL LOAN GROWTH - Robust growth in commercial loans contributed to financial performance

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$0.08

Q4 Adjusted Net Income

Beat

$11.70 mln

$8.70 mln (3 Analysts)

Q4 Net Income

$2.90 mln

Q4 Net Interest Margin

3.74%

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy."

  • Wall Street's median 12-month price target for LINKBANCORP Inc is $9.13, about 6.1% above its January 23 closing price of $8.60

  • The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn92ymnva

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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