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Lakeland Bancorp, Inc. (LBAI)

Stock Price: $12.94 USD -0.14 (-1.07%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 653.07M
Revenue (ttm) 203.04M
Net Income (ttm) 57.39M
Shares Out 50.47M
EPS (ttm) 1.12
PE Ratio 11.55
Forward PE 9.56
Dividend $0.50
Dividend Yield 3.86%

Stock Quote

Trading Day November 25
Last Price $12.94
Previous Close $13.08
Change ($) -0.14
Change (%) -1.07%
Day's Open 12.90
Day's Range 12.69 - 13.05
Day's Volume 125,327
52-Week Range 8.31 - 17.63

More Stats

Market Cap 653.07M
Enterprise Value 676.84M
Earnings Date (est) Jan 28, 2021
Ex-Dividend Date Jul 31, 2020
Shares Outstanding 50.47M
Float 48.14M
EPS (basic) 1.12
EPS (diluted) 1.12
FCF / Share 1.59
Dividend $0.50
Dividend Yield 3.86%
Earnings Yield 8.66%
FCF Yield 12.30%
Payout Ratio 44.60%
Shares Short 793,540
Short Ratio 4.99
Short % of Float 1.65%
Beta 0.97
PE Ratio 11.55
Forward PE 9.56
P/FCF Ratio 8.13
PS Ratio 3.22
PB Ratio 0.82
Revenue 203.04M
Operating Income 75.90M
Net Income 57.39M
Free Cash Flow 80.34M
Net Cash -23.78M
Net Cash / Share -0.47
Gross Margin 108.72%
Operating Margin 37.38%
Profit Margin 28.30%
FCF Margin 39.57%
ROA 0.82%
ROE 7.83%
ROIC 1.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 6
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

(9.81% upside)
Current: $12.94
Target: 14.21
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth15.27%3.72%13.41%19.8%8.32%7.97%16.73%2.89%-3.03%-
Gross Profit22119118516313612511699.5196.7199.74
Operating Income94.2080.4583.0662.9651.2446.5238.6532.7230.1431.65
Net Income70.6763.4052.5841.5232.4831.1324.9721.7419.8519.21
Shares Outstanding50.5047.4947.3544.4437.9137.9137.6231.1828.1527.86
Earnings Per Share1.381.321.090.950.850.820.710.720.630.54
EPS Growth4.55%21.1%14.74%11.76%3.66%15.49%-1.39%14.47%15.84%-
Dividend Per Share0.370.450.400.370.330.
Dividend Growth-17.98%12.66%6.76%12.12%12.63%8.12%15.32%44.17%-9.94%-
Operating Cash Flow87.1379.4467.4750.0740.7745.6350.7348.5949.9355.99
Capital Expenditures-4.11-4.83-2.33-3.96-4.14-2.37-2.32-8.23-3.10-1.37
Free Cash Flow83.0274.6165.1346.1236.6243.2648.4140.3646.8354.62
Cash & Equivalents28220914317611810910310872.5649.28
Total Debt633520422422454353242254304324
Net Cash / Debt-350-311-279-246-336-243-140-146-232-275
Book Value725624583550401379351281260261
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Lakeland Bancorp, Inc.
Country United States
Employees 692
CEO Thomas J. Shara

Stock Information

Ticker Symbol LBAI
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: LBAI


Lakeland Bancorp operates as the bank holding company for Lakeland Bank that provides various banking products and services for individuals and small to medium sized businesses. It offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and Internet banking, mobile banking, wire transfer, night depository, and cash management services. The company also provides consumer banking services comprising checking accounts, savings accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services, as well as Internet banking services. In addition, it offers investment advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. The company operates 52 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and Highland Mills, New York; 6 New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck, and Waldwick; and 1 commercial lending center in New York to serve the Hudson Valley region. Lakeland Bancorp, Inc. was founded in 1989 and is headquartered in Oak Ridge, New Jersey.