LINKBANCORP Inc (OQ:LNKB)
Business Focus: Commercial Banks
Jan 29, 2024 03:30 pm ET
LINKBANCORP, Inc. Announces Fourth Quarter 2023 and Full Year 2023 Financial Results
HARRISBURG, Pa., Jan. 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported financial results for the fourth quarter and year ended December 31, 2023 that were significantly impacted by one-time costs related to the merger with Partners Bancorp ("Partners") that was successfully completed on November 30, 2023 (the "Merger"). For the quarter ended December 31, 2023, the Company recognized a net loss of $13.2 million, or $0.57 per diluted share, and for the year ended December 31, 2023, the Company recognized a net loss
Dec 01, 2023 07:00 am ET
LINKBANCORP, Inc. and Partners Bancorp Complete Transformational Combination
CAMP HILL, Pa., Dec. 1, 2023 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. ("LINK") (NASDAQ: LNKB), parent company of LINKBANK, announced today the completion of the merger of Partners Bancorp ("Partners") (NASDAQ: PTRS) with and into LINK, and the merger of The Bank of Delmarva and Virginia Partners Bank with and into LINKBANK, effective November 30, 2023.
Nov 16, 2023 07:00 am ET
LINKBANCORP, Inc. and Partners Bancorp Announce Receipt of Federal Reserve Board Approval and Closing Date for Merger of Equals
CAMP HILL, Pa. and SALISBURY, Md., Nov. 16, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ: LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ: PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System, the final regulatory approval required to complete the previously announced merger of equals transaction under which Partners will merge with and into LINK in an all-stock transaction, wit
Oct 30, 2023 04:13 pm ET
LINKBANCORP, Inc. Announces Third Quarter 2023 Financial Results
HARRISBURG, Pa., Oct. 30, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $1.24 million, or $0.08 per diluted share, for the quarter ended September 30, 2023. Excluding merger related expenses, adjusted earnings were $1.85 million1, or $0.111 per diluted share for the third quarter of 2023.
Oct 27, 2023 07:30 am ET
Partners Bancorp Reports Results of Operations for the Third Quarter 2023
Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company...
Oct 13, 2023 04:10 pm ET
LINKBANCORP, Inc. and Partners Bancorp Announce Receipt of FDIC and State Regulatory Approvals for Merger of Equals
CAMP HILL, Pa. and SALISBURY, Md., Oct. 13, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ: LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ: PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of required regulatory approvals from the Federal Deposit Insurance Corporation, the Pennsylvania Department of Banking and Securities, the Virginia State Corporation Commission, the Delaware Office of the State Bank Commissioner and the Maryland Office of the Commissio
Jul 31, 2023 04:30 pm ET
LINKBANCORP, Inc. Announces Second Quarter 2023 Financial Results
HARRISBURG, Pa., July 31, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $1.35 million, or $0.08 per diluted share, for the quarter ended June 30, 2023. Excluding merger related expenses, adjusted earnings were $1.60 million1, or $0.101 per diluted share for the second quarter of 2023.
Jun 22, 2023 04:05 pm ET
LINKBANCORP, Inc. and Partners Bancorp Announce Receipt of Shareholder Approvals for Merger of Equals
CAMP HILL, Pa. and SALISBURY, Md., June 22, 2023 /PRNewswire/ -- LINKBANCORP, Inc. ("LINK") (NASDAQ: LNKB), parent company of LINKBANK, and Partners Bancorp ("Partners") (NASDAQ: PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced today that at special meetings of their respective shareholders held on June 22, 2023, LINK and Partners shareholders approved the merger of Partners with and into LINK, with LINK as the surviving corporation pursuant to the Agreement and Plan of Merger, dated as of February 22
May 13, 2023 08:45 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTV, MDWT, HMPT, LNKB
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Momentive Global Inc. (NASDAQ: MNTV)’s...
May 12, 2023 04:12 pm ET
LINKBANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of LINKBANCORP, Inc. - LNKB
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of LINKBANCORP, Inc. (“LINK”) (NasdaqCM: LNKB) with Partners Bancorp (NasdaqCM: PTRS). Under the terms of the proposed transaction, shareholders of LINK will end up owning approximately 44% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
May 01, 2023 04:30 pm ET
Partners Bancorp Reports Results of Operations for the First Quarter 2023
Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company...
May 01, 2023 04:15 pm ET
LINKBANCORP, Inc. Announces First Quarter 2023 Financial Results
HARRISBURG, Pa., May 1, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported a net loss of $1.55 million, or $0.10 per diluted share, for the quarter ended March 31, 2023. Excluding merger related expenses and a net loss on sale of securities, adjusted earnings were $783 thousand1, or $0.051 per diluted share for the first quarter of 2023.
Apr 29, 2023 10:09 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates INDT, LNKB, PTRS
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: INDUS Realty Trust, Inc. (NASDAQ:...
Feb 27, 2023 12:52 pm ET
LINKBANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of LINKBANCORP, Inc. - LNKB
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of LINKBANCORP, Inc. (“LINK”) (NasdaqCM: LNKB) with Partners Bancorp (NasdaqCM: PTRS). Under the terms of the proposed transaction, shareholders of LINK will end up owning approximately 44% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
Feb 25, 2023 08:11 pm ET
Lifshitz Law PLLC Announces Investigations of JNCE, LNKB, PTRS, and INDT
Jounce Therapeutics, Inc. (NASDAQ: JNCE) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of JNCE and Redx Pharma. If you are a JNCE investor, and would like...
Feb 24, 2023 12:27 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LNKB, PTRS, JNCE
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: LINKBANCORP, Inc. (NASDAQ: LNKB)’s...
Feb 23, 2023 11:42 am ET
Shareholder Alert: Ademi LLP investigates whether LINKBANCORP, Inc. has obtained a Fair Price in its transaction with Partners Bancorp
MILWAUKEE, Feb. 23, 2023 /PRNewswire/ -- Ademi LLP is investigating LINKBANCORP (NASDAQ: LNKB) for possible breaches of fiduciary duty and other violations of law in its transaction with Partners.
Feb 23, 2023 10:55 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LNKB, PTRS, JNCE, MEIP
NEW YORK, Feb. 23, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Feb 22, 2023 07:00 pm ET
LNKB Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of LINKBANCORP, Inc. is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of LINKBANCORP, Inc. (NASDAQ: LNKB) and Partners Bancorp is fair to LINKBANCORP shareholders. Under the terms of the merger agreement, Partners shareholders will receive 1.15 shares of LINKBANCORP stock for each Partners share they own.
Feb 02, 2023 03:30 pm ET
LINKBANCORP, Inc. Announces Fourth Quarter 2022 and Full Year 2022 Financial Results and Declares Dividend
HARRISBURG, Pa., Feb. 2, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $696 thousand, or $0.05 per diluted share, for the quarter ended December 31, 2022 and $5.6 million, or $0.49 per diluted share, for the year ended December 31, 2022. Excluding merger and system conversion related expenses of $973 thousand, adjusted earnings were $1.47 million1, or $0.101 per diluted share for the fourth quarter of 2022 and $6.36 million1, or $0.561 per diluted share, for the full year ended December 31, 2022.
Dec 30, 2022 09:00 am ET
LINKBANK Appoints Northern Regional President
CAMP HILL, Pa., Dec. 30, 2022 /PRNewswire/ -- LINKBANK is excited to announce the appointment of Doug Klinger as Regional President for the Upper Dauphin, Northumberland and Schuylkill markets.
Oct 31, 2022 04:30 pm ET
LINKBANCORP, Inc. Announces Third Quarter 2022 Financial Results and Quarterly Dividend
HARRISBURG, Pa., Oct. 31, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of The Gratz Bank, including its LINKBANK division (the "Bank") reported net income of $1.8 million, or $0.17 per diluted share, for the quarter ended September 30, 2022, compared to net income of $1.6 million, or $0.16 per diluted share, for the quarter ended June 30, 2022.
Sep 30, 2022 04:15 pm ET
LINKBANCORP, Inc. Announces Closing of Overallotment Option and Issuance of 526,205 Shares of Common Stock
HARRISBURG, Pa., Sept. 30, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the holding company of The Gratz Bank, including its LINKBANK division, today announced that the underwriters for its recently completed initial public offering have exercised their overallotment option and completed the sale of an additional 526,205 shares of common stock at the public offering price of $7.50 per share. The exercise of the option and the issuance of the additional shares is expected to result in gross additional proceeds to the Company of approximately $3.9 million. The net pro
Sep 16, 2022 12:00 pm ET
LINKBANCORP, Inc. Announces Closing of Initial Public Offering of Common Stock
HARRISBURG, Pa., Sept. 16, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (Nasdaq: LNKB) (the "Company"), the holding company of The Gratz Bank, including its LINKBANK division, today announced the closing of its initial public offering of common stock. The Company sold 4,575,000 shares of its common stock at a public offering price of $7.50 per share. The offering is expected to result in gross proceeds to the Company of approximately $34.3 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $31.1 mill
Sep 13, 2022 07:51 pm ET
LINKBANCORP, Inc. Announces Pricing of Initial Public Offering of Common Stock
HARRISBURG, Pa., Sept. 13, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (the "Company"), the holding company of The Gratz Bank, including its LINKBANK division (the "Bank") today announced the pricing of its initial public offering of 4,575,000 shares of its common stock at a public offering price of $7.50 per share. The offering is expected to result in gross proceeds to the Company of approximately $34.3 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $31.1 million. In addition, the Company has
Sep 07, 2022 10:52 am ET
LINKBANCORP, Inc. Launches Initial Public Offering of Common Stock
HARRISBURG, Pa., Sept. 7, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (the "Company"), the holding company of The Gratz Bank, including its LINKBANK division (the "Bank") today announced the launch of its initial public offering of common stock. The Company is offering 4,575,000 shares. The underwriters will have a 30-day option to purchase up to an additional 686,250 shares of common stock from the Company. The initial public offering price is currently expected to be between $8.00 and $9.50 per share. The common stock is expected to trade on the Nasdaq Capital Market under the symbol "LNKB."
Aug 18, 2022 04:30 pm ET
LINKBANCORP, INC. DECLARES QUARTERLY DIVIDEND
HARRISBURG, Pa., Aug. 18, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (OTC Pink: LNKB), announced today that its Board of Directors has declared a quarterly cash dividend of $0.075 per share of common stock to shareholders of record at the close of business on August 31, 2022, payable on September 15, 2022.
Aug 01, 2022 04:30 pm ET
LINKBANCORP, Inc. Announces Second Quarter 2022 Financial Results
HARRISBURG, Pa., Aug. 1, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (OTC Pink: LNKB) (the "Company"), the parent company of The Gratz Bank, including its LINKBANK division (the "Bank") reported net income of $1.606 million, or $0.16 per diluted share, for the quarter ended June 30, 2022.
Jun 27, 2022 08:00 am ET
LINKBANCORP Appoints Chief Operations and Technology Officer
CAMP HILL, Pa., June 27, 2022 /PRNewswire/ -- LINKBANCORP, Inc. is excited to announce the appointment of Adam Pierce as Chief Operations and Technology Officer.
May 02, 2022 04:30 pm ET
LINKBANCORP, Inc. Announces First Quarter 2022 Financial Results
HARRISBURG, Pa., May 2, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (OTC Pink: LNKB) (the "Company"), the parent company of The Gratz Bank, including its LINKBANK division (the "Bank") reported net income of $1.524 million, or $0.15 per diluted share, for the quarter ended March 31, 2022.
Apr 11, 2022 08:00 am ET
LINKBANCORP, Inc. Announces Completion of $20 Million Subordinated Notes Offering
HARRISBURG, Pa., April 11, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (OTC Pink: LNKB) (the "Company"), the parent company for The Gratz Bank, today announced the closing of a $20.0 million private placement of Fixed-to-Floating Rate Subordinated Notes due 2032 (the "Notes"). The Company intends to contribute a significant portion of the proceeds to The Gratz Bank as additional capital to support continued growth.
Feb 15, 2022 03:25 pm ET
LINKBANCORP, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results And Dividend
HARRISBURG, Pa., Feb. 15, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (OTC Pink: LNKB) (the "Company"), the parent company of The Gratz Bank, including its LINKBANK division (the "Bank") reported net income of $788 thousand or $0.08 per diluted share for the fourth quarter of 2021 and $289 thousand or $0.04 per diluted share for the year ended December 31, 2021.1 These results include merger related expenses of $616 thousand for the fourth quarter and $4.6 million for 2021, relating to the merger with GNB Financial Services, Inc.
Dec 24, 2020 09:49 pm ET
Lifshitz Law Firm, P.C. Announces Investigation of AJRD, CATM, EXPC, GNBF, LNKB, NEOS, AYTU, QEP, FANG, RP, RNET, and VSAT
NEW YORK, Dec. 24, 2020 /PRNewswire/ --
Dec 18, 2020 07:00 pm ET
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of GNB Financial Services, Inc. Merger
Rigrodsky & Long, P.A. announces that it is investigating GNB Financial Services, Inc. (“GNB Financial”) (OTC: GNBF) regarding possible breaches of fiduciary duties and other violations of law related to GNB Financial’s agreement to be acquired by...
Dec 16, 2020 07:33 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates GNB Financial Services, Inc.
NEW YORK, Dec. 16, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GNB Financial Services, Inc. ("GNB" or the "Company") (OTC Pink: GNBF) in connection with the proposed merger of the Company with LINKBANCORP, Inc. ("LINKBANCORP") (OTC Pink: LNKB). Under the terms of the merger agreement, GNB shareholders may elect to receive either $87.68 in cash or 7.3064 shares of LINKBANCORP common stock for each GNB share that they own. The proposed transaction is valued at approximately $62.6 million.
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