LINKBANCORP, Inc. Earnings Per Share Disclosure
The following table sets forth the composition of earnings per share:
|
|
Year Ended December 31, |
|
|||||
(In Thousands, except share and per share data) |
|
2025 |
|
|
2024 |
|
||
Net income |
|
$ |
33,511 |
|
|
$ |
26,209 |
|
Basic weighted average common shares outstanding |
|
|
37,173,548 |
|
|
|
36,990,672 |
|
Net effect of dilutive stock options and warrants |
|
|
3,293 |
|
|
|
5,792 |
|
Net effect of dilutive restricted stock awards and units |
|
|
138,803 |
|
|
|
109,150 |
|
Diluted weighted average common shares outstanding |
|
|
37,315,644 |
|
|
|
37,105,614 |
|
Net income per common share: |
|
|
|
|
|
|
||
Basic |
|
$ |
0.90 |
|
|
$ |
0.71 |
|
Diluted |
|
$ |
0.90 |
|
|
$ |
0.71 |
|
The following is a summary of securities that could potentially dilute basic earnings per common share in future periods that were included in the computation of diluted earnings per common share for the years ended December 31, 2025 and 2024.
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|
Year Ended December 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
Stock Options |
|
|
14,814 |
|
|
|
110,191 |
|
Warrants |
|
|
— |
|
|
|
— |
|
Restricted Stock Awards and Units |
|
|
420,129 |
|
|
|
388,083 |
|
Total dilutive securities |
|
|
434,943 |
|
|
|
498,274 |
|
The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented.
|
|
Year Ended December 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
Stock Options |
|
|
532,500 |
|
|
|
481,600 |
|
Warrants |
|
|
1,537,484 |
|
|
|
1,537,484 |
|
Restricted Stock Awards and Units |
|
|
— |
|
|
|
5,000 |
|
Total anti-dilutive securities |
|
|
2,069,984 |
|
|
|
2,024,084 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 12, 2026 | Showing above |
| 2024 | Mar 31, 2025 | |
| 2023 | Mar 29, 2024 | |
| 2022 | Mar 30, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.