Limestone Bancorp (NASDAQ:LMST) Announces Quarterly Earnings Results, Beats Estimates By $0.12 EPS

Limestone Bancorp (NASDAQ:LMST) posted its earnings results on Tuesday. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.31 by $0.12, MarketWatch Earnings reports. Limestone Bancorp had a return on equity of 7.64% and a net margin of 13.33%.

Shares of LMST stock opened at $15.45 on Friday. The stock’s 50-day moving average is $16.01 and its two-hundred day moving average is $13.57. The firm has a market cap of $101.89 million, a price-to-earnings ratio of 15.00 and a beta of 0.87. Limestone Bancorp has a 1 year low of $9.82 and a 1 year high of $17.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 0.89.

Several equities analysts recently commented on the company. Zacks Investment Research lowered Limestone Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 30th. Raymond James raised Limestone Bancorp from a “market perform” rating to an “outperform” rating in a report on Monday, January 25th.

About Limestone Bancorp

Limestone Bancorp, Inc operates as the bank holding company for Limestone Bank, Inc that provides a range of commercial and personal banking products and services. The company offers deposit products, including savings, interest checking, and money market accounts, as well as fixed rate certificates with varying maturities.

Further Reading: What are the components of an earnings report?

Earnings History for Limestone Bancorp (NASDAQ:LMST)

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