LSBI Stock UPDATES Lsb Financial (LSBI) 39.10 10/21/2014 21:
Post# of 273217
LSB Financial's shareholder approve merger with Old National Bancorp and dividend of USD0.09 per share for quarter
M2 - Thu Sep 04, 3:00AM CDT
LSB Financial Corp (NASDAQ:LSBI), the parent company of Lafayette Savings Bank FSB, disclosed on Wednesday that at its special meeting of shareholders held the same day, they approved the company's Agreement and Plan of Merger with Old National Bancorp (NASDAQ: ONB), whereby, the company will merge with and into Old National Bancorp.
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces Shareholder Approval of Merger with Old National Bancorp and Cash Dividend
PR Newswire - Wed Sep 03, 2:55PM CDT
LSB Financial Corp., (NASDAQ: LSBI), (the "Company" , the parent company of Lafayette Savings Bank, FSB, announced that at its special meeting of shareholders held today, the shareholders of the Company approved the Agreement and Plan of Merger between the Company and Old National Bancorp (NASDAQ: ONB) pursuant to which the Company will merge with and into Old National Bancorp. The merger is expected to close on November 1, 2014, subject to the satisfaction of the closing conditions contained in the merger agreement.
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
Nasdaq stocks posting largest volume decreases
AP - Tue Aug 19, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
LSBK: 12.61 (+0.01), EVBS: 6.09 (-0.09), SHBI: 9.10 (-0.04), PHII: 39.60 (-1.40), LINTB: 30.07 (+1.98), LINTA: 29.92 (+1.79), FBMS: 14.55 (+0.15), PHIIK: 41.47 (+0.80), NWFL: 28.00 (-0.45), ANCB: 20.90 (+0.30), PBSK: 14.95 (-0.04), LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces Second Quarter and Year-to-Date Results
PR Newswire - Wed Aug 13, 9:16AM CDT
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, today reported year-to-date earnings of $778,000 or $0.49 diluted earnings per share compared to $1.3 million or $0.85 diluted earnings per share a year earlier. Earnings for the quarter were $258,000 or $0.16 diluted earnings per share compared to $664,000 or $0.42 diluted earnings per share a year earlier. The major contributors to the Bank's year-to-date performance were a $525,000 decrease in the provision for loan losses, a $441,000 decrease in the gain on the sale of mortgage loans over the first six months of last year, a $400,000 or 6.8% decrease in net interest income for the six months compared to the same period in 2013 primarily because of lower rates and slower loan growth, and a $327,000 or 33% increase in other expenses due primarily to merger expenses.
LSBI: 39.10 (+0.05)
LSB FINANCIAL CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Tue Jul 08, 11:28AM CDT
Rigrodsky & Long, P.A.:
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
LSB FINANCIAL SHAREHOLDER ALERT - Andrews & Springer LLC is Seeking More Cash for Shareholders of LSB Financial Corp.
GlobeNewswire - Thu Jun 19, 5:30PM CDT
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of LSB Financial Corporation ("LSB Financial" or the "Company" relating to the sale of the Company to Old National Bancorp ("Old National" . On June 4, 2014, the two banks announced the signing of a definitive merger agreement pursuant to which Old National will acquire LSB Financial in a merger for mixed cash and stock consideration. As a result of the merger, LSB Financial shareholders are only anticipated to receive 2.269 shares of Old National and $10.63 per share in cash in exchange for each share of LSB Financial stock they own.
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
INVESTOR ALERT - The Law Offices of Vincent Wong Investigates the Sale of LSB Financial Corporation - LSBI
PR Newswire - Mon Jun 16, 12:25PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of LSB Financial Corporation (NasdaqGS: LSBI) ("LSB" in connection with the sale of the Company to Old National Bancorp.
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of LSB Financial Corp. In Connection With The Proposed Sale Of The Company To Old National Bancorp
Business Wire - Fri Jun 13, 8:45PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of LSB Financial Corp. ("LSB Financial" or the "Company" (NasdaqGM: LSBI) and other violations of state law by the board of directors of LSB Financial relating to the proposed buyout of the Company by Old National Bancorp ("Old National" , in a transaction valued at approximately $66.7 million.
ONB: 12.80 (+0.27), LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces Year-end and Fourth Quarter Results
PR Newswire - Fri Mar 07, 2:06PM CST
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today reported net income for 2013 of $2.5 million or $1.62 per share, compared to net income of $2.7 million or $1.70 per share for 2012. For the fourth quarter, net income was $518,000 or $0.33 per share in 2013 compared to $676,000 or $0.43 per share for the same period in 2012. The decrease in income in 2013 was primarily due to a $1.1 million or 8.7% decrease in net interest income and a $1.2 million or 46% decrease in gain on sale of loans. This was partially offset by a $1.5 million decrease in the provision for loan losses resulting from the continued improvement in asset quality.
LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces Cash Dividend
PR Newswire - Wed Feb 26, 9:25AM CST
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.09 per share to shareholders of record as of the close of business on March 10, 2014, with a payment date of March 19, 2014. This represents an increase of $0.02 or 28.6% over last quarter.
LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces Payment of Cash Dividend
PR Newswire - Thu May 23, 4:02PM CDT
LSB Financial Corp., (NASDAQ:LSBI), (the "Company" , the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.05 per share to shareholders of record as of the close of business on June 4, 2013, with a payment date of June 12, 2013.
LSBI: 39.10 (+0.05)
Nasdaq stocks posting largest percentage decreases
AP - Mon May 13, 12:18PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
CIMT: 5.70 (+0.07), GPIC: 8.25 (unch), SLTC: 5.72 (-0.23), STML: 12.85 (-0.36), SPEX: 1.21 (-0.04), DGLY: 12.99 (-0.15), LSBI: 39.10 (+0.05)
LSB Financial Corp. Announces First Quarter Results Up 9.8%
PR Newswire - Thu May 09, 4:42PM CDT
LSB Financial Corp. Announces First Quarter Results Up 9.8%
LSBI: 39.10 (+0.05)