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Side-by-side financial comparison of Lake Shore Bancorp, Inc. (LSBK) and SHOULDER INNOVATIONS, INC. (SI). Click either name above to swap in a different company.

SHOULDER INNOVATIONS, INC. is the larger business by last-quarter revenue ($11.8M vs $7.4M, roughly 1.6× Lake Shore Bancorp, Inc.). Lake Shore Bancorp, Inc. runs the higher net margin — 31.8% vs -74.3%, a 106.0% gap on every dollar of revenue. Lake Shore Bancorp, Inc. produced more free cash flow last quarter ($3.3M vs $-11.4M).

Lake Shore Bancorp, Inc. (Maryland) is a U.S. regional bank holding company that operates via its banking subsidiary, offering retail and commercial banking services including deposits, loans, mortgages and wealth management, primarily serving individuals and SMEs across local communities in Maryland.

Shoulder Innovations, Inc. is a medical technology firm specializing in design, development, and commercialization of innovative orthopedic devices for shoulder replacement surgery. Its products reduce surgical complications, improve patient outcomes, and are sold to orthopedic surgeons and healthcare providers across North America and Western Europe.

LSBK vs SI — Head-to-Head

Bigger by revenue
SI
SI
1.6× larger
SI
$11.8M
$7.4M
LSBK
Higher net margin
LSBK
LSBK
106.0% more per $
LSBK
31.8%
-74.3%
SI
More free cash flow
LSBK
LSBK
$14.7M more FCF
LSBK
$3.3M
$-11.4M
SI

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
LSBK
LSBK
SI
SI
Revenue
$7.4M
$11.8M
Net Profit
$2.4M
$-8.7M
Gross Margin
76.2%
Operating Margin
38.4%
-65.0%
Net Margin
31.8%
-74.3%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.32
$-0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LSBK
LSBK
SI
SI
Q3 25
$7.4M
$11.8M
Q2 25
$6.9M
$11.0M
Net Profit
LSBK
LSBK
SI
SI
Q3 25
$2.4M
$-8.7M
Q2 25
$1.9M
$-19.2M
Gross Margin
LSBK
LSBK
SI
SI
Q3 25
76.2%
Q2 25
76.2%
Operating Margin
LSBK
LSBK
SI
SI
Q3 25
38.4%
-65.0%
Q2 25
33.2%
-53.2%
Net Margin
LSBK
LSBK
SI
SI
Q3 25
31.8%
-74.3%
Q2 25
27.7%
-174.3%
EPS (diluted)
LSBK
LSBK
SI
SI
Q3 25
$0.32
$-0.64
Q2 25
$0.34
$-165.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LSBK
LSBK
SI
SI
Cash + ST InvestmentsLiquidity on hand
$83.6M
$54.9M
Total DebtLower is stronger
$2.0M
Stockholders' EquityBook value
$139.3M
$147.8M
Total Assets
$742.8M
$177.8M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSBK
LSBK
SI
SI
Q3 25
$83.6M
$54.9M
Q2 25
$75.4M
$27.1M
Total Debt
LSBK
LSBK
SI
SI
Q3 25
$2.0M
Q2 25
$2.0M
Stockholders' Equity
LSBK
LSBK
SI
SI
Q3 25
$139.3M
$147.8M
Q2 25
$92.9M
$-78.2M
Total Assets
LSBK
LSBK
SI
SI
Q3 25
$742.8M
$177.8M
Q2 25
$734.8M
$77.8M
Debt / Equity
LSBK
LSBK
SI
SI
Q3 25
0.01×
Q2 25
0.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LSBK
LSBK
SI
SI
Operating Cash FlowLast quarter
$3.3M
$-8.6M
Free Cash FlowOCF − Capex
$3.3M
$-11.4M
FCF MarginFCF / Revenue
44.4%
-96.7%
Capex IntensityCapex / Revenue
0.6%
23.9%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSBK
LSBK
SI
SI
Q3 25
$3.3M
$-8.6M
Q2 25
$2.5M
$-11.3M
Free Cash Flow
LSBK
LSBK
SI
SI
Q3 25
$3.3M
$-11.4M
Q2 25
$2.0M
$-13.6M
FCF Margin
LSBK
LSBK
SI
SI
Q3 25
44.4%
-96.7%
Q2 25
28.5%
-123.4%
Capex Intensity
LSBK
LSBK
SI
SI
Q3 25
0.6%
23.9%
Q2 25
7.7%
21.0%
Cash Conversion
LSBK
LSBK
SI
SI
Q3 25
1.42×
Q2 25
1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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