Limestone Bancorp (NASDAQ:LMST) Announces Quarterly Earnings Results, Beats Estimates By $0.22 EPS

Limestone Bancorp (NASDAQ:LMST) posted its quarterly earnings results on Tuesday. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.22, MarketWatch Earnings reports. Limestone Bancorp had a net margin of 13.33% and a return on equity of 7.64%.

NASDAQ:LMST remained flat at $$13.25 during trading hours on Thursday. 6,562 shares of the company’s stock traded hands, compared to its average volume of 14,020. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 0.89. Limestone Bancorp has a one year low of $6.83 and a one year high of $17.44. The firm has a fifty day simple moving average of $13.24 and a 200 day simple moving average of $11.60. The company has a market capitalization of $86.13 million, a P/E ratio of 12.86 and a beta of 0.87.

Separately, Zacks Investment Research lowered shares of Limestone Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 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 checking, savings, and term certificate accounts, as well as money market accounts and fixed rate certificates.

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Earnings History for Limestone Bancorp (NASDAQ:LMST)

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