LSBK
Lake Shore Bancorp, Inc.
LSBK trails on the overall score without a compensating advantage in the available component scores.
MS
Morgan Stanley
MS has the edge over LSBK overall, supported by stronger modeled upside and stronger valuation.
LSBK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
LSBK's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like LSBK.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
LSBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $13.90 | -27% |
| Fair | 16x | $18.14 | -4.5% |
| Current | 17x | $18.99 | — |
| Expensive | 18x | $20.62 | +8.6% |
Historical ranges are pointers, not guarantees.
LSBK has the edge over MS in the historical PE scenario, which offers more potential upside but is not a forecast.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
LSBK Forward outlook
There aren't enough analyst estimates for LSBK to show an outlook.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
LSBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.12 | +22% |
| Q2 2026 | $1.13 | +45% |
| Q1 2026 | $1.09 | +65% |
| Q4 2025 | $0.97 | +49% |
| Q3 2025 | $0.92 | +74% |
| Q2 2025 | $0.78 | +42% |
| Q1 2025 | $0.66 | +27% |
| Q4 2024 | $0.65 | +6.6% |
LSBK has the edge over MS on earnings, with stronger typical year-over-year growth.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS's earnings per share have climbed steadily: $12.60 over the past year, up 29% from the year before, and higher year over year for 10 quarters in a row.
LSBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.9M | +6.9% |
| Q2 2026 | $7.6M | +10% |
| Q1 2026 | $7.4M | +19% |
| Q4 2025 | $7.3M | +14% |
| Q3 2025 | $7.4M | +20% |
| Q2 2025 | $6.9M | +16% |
| Q1 2025 | $6.2M | +6% |
| Q4 2024 | $6.4M | -1.1% |
LSBK's revenue has grown year over year for seven quarters in a row: $8M last quarter, up 6.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | -3 points |
| Q2 2026 | 35% | +1.5 points |
| Q1 2026 | 32% | +12 points |
| Q4 2025 | 32% | +4.8 points |
| Q3 2025 | 38% | +13 points |
| Q2 2025 | 33% | +11 points |
| Q1 2025 | 20% | -0.1 points |
| Q4 2024 | 27% | +7.1 points |
LSBK has the edge over MS on profitability, with a higher operating margin.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS has the edge over LSBK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
LSBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.5M | -25% |
| Q1 2026 | $2.8M | +390% |
| Q4 2025 | $2.1M | -36% |
| Q3 2025 | $3.3M | +$4.7M |
| Q1 2025 | $568K | +$605K |
| Q4 2024 | $3.4M | +118% |
| Q3 2024 | -$1.4M | -218% |
| Q2 2024 | $573K | -68% |
LSBK has the edge over MS on cash generation, producing positive trailing cash flow while its opponent burns cash.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
LSBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -26.5K shares |
| 1 year | -0.4% | -27.6K shares |
| 3 years | -6.9% | -548K shares |
| 5 years | -7.5% | -600K shares |
| Available history | -9.3% | -759K shares |
LSBK has 7M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.8M |
| Q2 2026 | $50,000 |
| Q1 2026 | $32,000 |
| Q4 2025 | $2,000 |
| Q3 2025 | — |
| Q1 2025 | $35,000 |
| Q4 2024 | $3,000 |
| Q3 2024 | — |
LSBK spent $2M buying back its own shares over the past year.
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has the edge over LSBK on shareholder dilution, with a more favorable share count trend.
LSBK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.7x | Net Cash |
| Q1 2025 | -4.0x | Net Cash |
| Q4 2024 | -3.5x | Net Cash |
| Q3 2024 | -6.4x | Net Cash |
| Q2 2024 | -5.8x | Net Cash |
| Q1 2024 | -4.7x | Net Cash |
| Q4 2023 | -2.6x | Net Cash |
LSBK has the edge over MS on leverage, with a lower net debt burden relative to earnings.
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
LSBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 74.7 | Overbought |
| Stochastic | 78.8 | Neutral |
LSBK's weekly RSI is 75 (overbought) and its Stochastic is 79 (neutral).
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
LSBK PE vs Financial Services Sector
| Metric | LSBK | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 30% above |
| PE % | 62 | 63 | 1 pt below |
LSBK is trading at 17x earnings, a 30% premium to the Financial Services sector's median of 13x.
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS has the edge over LSBK on valuation relative to its sector.
LSBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.5 | 2.8% above |
| 20 week MA | $17.8 | 6.8% above |
| 50 week MA | $16.4 | 16% above |
| 100 week MA | $14.2 | 34% above |
| 200 week MA | $11.4 | 66% above |
LSBK has the edge over MS on trend strength, trading above more of its moving averages.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.
LSBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.3 | $9.60 | -15% |
| 2021 | $9.60 | $11.2 | +17% |
| 2022 | $11.2 | $9.10 | -19% |
| 2023 | $9.10 | $8.65 | -4.9% |
| 2024 | $8.65 | $9.90 | +14% |
| 2025 | $9.90 | $14.8 | +49% |
| 2026 YTD | $14.8 | $19.0 | +29% |
LSBK has the edge over MS on returns for 2026, with the stronger performance.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has finished higher in five of the last six years. It's up 4% so far in 2026.