Lakeland Bancorp, Inc. (LBAI)

NASDAQ: LBAI · IEX Real-Time Price · USD
15.21
0.40 (2.70%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap985.30M
Revenue (ttm)273.86M
Net Income (ttm)87.80M
Shares Out64.78M
EPS (ttm)1.61
PE Ratio9.47
Forward PE8.58
Dividend$0.55 (3.62%)
Ex-Dividend DateMay 6, 2022
Volume161,023
Open14.91
Previous Close14.81
Day's Range14.91 - 15.25
52-Week Range14.64 - 20.69
Beta0.86
AnalystsBuy
Price Target20.98 (+37.9%)
Earnings DateApr 28, 2022

About LBAI

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. The company provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. It is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate co...

IndustryBanks
Founded1989
CEOThomas Shara
Employees681
Stock ExchangeNASDAQ
Ticker SymbolLBAI
Full Company Profile

Financial Performance

In 2021, LBAI's revenue was $268.09 million, an increase of 29.15% compared to the previous year's $207.58 million. Earnings were $95.04 million, an increase of 65.24%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for LBAI stock is "Buy." The 12-month stock price forecast is 20.98, which is an increase of 37.94% from the latest price.

Price Target
$20.98
(37.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lakeland Bancorp (LBAI) Misses Q1 Earnings and Revenue Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of -26.83% and 5.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Lakeland Bancorp Announces First Quarter Results and Increases Dividend

OAK RIDGE, N.J., April 28, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $15.9 million and earn...

2 weeks ago - GlobeNewsWire

Lakeland Bancorp (LBAI) Surpasses Q4 Earnings and Revenue Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of 2.38% and 0.49%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Lakeland Bancorp Announces Quarterly and Year-End 2021 Earnings

OAK RIDGE, N.J., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $22.2 million and earni...

3 months ago - GlobeNewsWire

Lakeland Bancorp (LBAI) Earnings Expected to Grow: Should You Buy?

Lakeland Bancorp (LBAI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Lakeland Bancorp Announces Date for Fourth Quarter Earnings and Conference Call

OAK RIDGE, N.J., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the fourth quarter ended December 31, 2021, on W...

4 months ago - GlobeNewsWire

Lakeland Bancorp, Inc. Completes Merger with 1st Constitution Bancorp

OAK RIDGE, N.J., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland”) announced that its acquisition of 1st Constitution Bancorp (NASDAQ: FCCY) (“1st Constitution”) was c...

4 months ago - GlobeNewsWire

Lakeland Bancorp, Inc. and 1st Constitution Bancorp Announce Final Regulatory Non-Objection in Connection with Propos...

OAK RIDGE, N.J. and CRANBURY, N.J., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (“1st Constitu...

5 months ago - GlobeNewsWire

Lakeland Bancorp, Inc. and 1st Constitution Bancorp Announce the Receipt of Shareholder Approvals in Connection with ...

OAK RIDGE, N.J. and CRANBURY, N.J., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (“1st Constitu...

5 months ago - GlobeNewsWire

4 High-Yield Stocks for Dividend Investors

Dividend investors could be interested in the following stocks, since they offer much higher dividend yields than the S&P 500 Index. The benchmark index's dividend yields 1.26% as of Friday.

Other symbols:CPLPJRSHSMMF
5 months ago - GuruFocus

Lakeland Bancorp, Inc. and 1st Constitution Bancorp Announce the Receipt of FDIC and New Jersey Approvals in Connecti...

OAK RIDGE, N.J. and CRANBURY, N.J., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (“1st Constitu...

6 months ago - GlobeNewsWire

Lakeland Bancorp (LBAI) Q3 Earnings and Revenues Lag Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of -4.44% and -0.88%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Lakeland Bancorp Announces Third Quarter Results

OAK RIDGE, N.J., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $22.3 million and earni...

6 months ago - GlobeNewsWire

Lakeland Bancorp (LBAI) Reports Next Week: Wall Street Expects Earnings Growth

Lakeland Bancorp (LBAI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Lakeland Bancorp Announces Date for Third Quarter Earnings and Conference Call

OAK RIDGE, N.J., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the third quarter ended September 30, 2021, on T...

7 months ago - GlobeNewsWire

Lakeland Bancorp Announces Closing of $150 Million Subordinated Debt Offering

OAK RIDGE, N.J., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced the closing of its underwr...

8 months ago - GlobeNewsWire

Top Ranked Income Stocks to Buy for September 10th

OMF, WSR, LBAI, and JNPR made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 10, 2021.

Other symbols:JNPROMFWSR
8 months ago - Zacks Investment Research

Lakeland Bancorp Announces Pricing of $150 Million Subordinated Debt Offering

OAK RIDGE, N.J., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced that it has priced an unde...

8 months ago - GlobeNewsWire

Why Shares of Lakeland Bancorp Are Trading Higher Today

The bank will soon join the S&P SmallCap 600.

9 months ago - The Motley Fool

Lakeland Bancorp (LBAI) Beats Q2 Earnings and Revenue Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of 20.45% and 1.79%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Lakeland Bancorp: Q2 Earnings Insights

Shares of Lakeland Bancorp (NASDAQ:LBAI) moved higher by 0.8% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 130.43% over the past year to $0...

9 months ago - Benzinga

Lakeland Bancorp Announces Second Quarter Results

OAK RIDGE, N.J., July 22, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $27.4 million and earni...

9 months ago - GlobeNewsWire

1ST CONSTITUTION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adeq...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of 1st Constitution B...

10 months ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Investigates 1st Constitution Bancorp

NEW YORK, July 12, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of 1st Constitution Bancorp ("1st Constitu...

10 months ago - PRNewsWire

Lakeland Bancorp, Inc. to Acquire 1st Constitution Bancorp

OAK RIDGE, N.J. and CRANBURY, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- The Boards of Directors of Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitu...

10 months ago - GlobeNewsWire