Lakeland Bancorp, Inc. (LBAI)

NASDAQ: LBAI · IEX Real-Time Price · USD
18.98
+0.56 (3.04%)
Jan 27, 2023, 4:00 PM EST - Market closed
3.04%
Market Cap 1.23B
Revenue (ttm) 305.26M
Net Income (ttm) 95.96M
Shares Out 64.81M
EPS (ttm) 1.56
PE Ratio 12.17
Forward PE 9.15
Dividend $0.57 (3.00%)
Ex-Dividend Date Nov 4, 2022
Volume 229,447
Open 18.34
Previous Close 18.42
Day's Range 18.34 - 19.05
52-Week Range 13.91 - 19.06
Beta 0.83
Analysts Buy
Price Target 19.13 (+0.79%)
Earnings Date Jan 26, 2023

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... [Read more]

Sector Financials
Founded 1989
Employees 681
Stock Exchange NASDAQ
Ticker Symbol LBAI
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 12 analysts, the average rating for LBAI stock is "Buy." The 12-month stock price forecast is $19.13, which is an increase of 0.79% from the latest price.

Price Target
$19.13
(0.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lakeland Bancorp (LBAI) Q4 Earnings Top Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of 1.96% and 1.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

3 days ago - Zacks Investment Research

Lakeland Bancorp Announces Record Quarterly and Year-End 2022 Earnings

OAK RIDGE, N.J., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $33.6 million and ear...

3 days ago - GlobeNewsWire

Lakeland Bancorp Announces Date for Fourth Quarter Earnings

OAK RIDGE, N.J., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the fourth quarter ended December 31, 2022, on...

1 week ago - GlobeNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNRL, PFS, LBAI

NEW YORK , Dec. 6, 2022 /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 ...

Other symbols: PFS
1 month ago - PRNewsWire

LAKELAND BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lakeland Bancorp, Inc. - LBAI

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 Lakeland Banco...

Other symbols: PFS
2 months ago - Business Wire

INVESTOR ALERT: The M&A Class Action Firm Announces the Investigation of Lakeland Bancorp, Inc. - LBAI

NEW YORK , Nov. 28, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm ra...

2 months ago - PRNewsWire

Lakeland Bancorp (LBAI) Misses Q3 Earnings and Revenue Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of -4% and 3.96%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Lakeland Bancorp Announces Third Quarter Results

OAK RIDGE, N.J., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $28.7 million and ear...

3 months ago - GlobeNewsWire

Lakeland Bancorp (LBAI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Lakeland Bancorp (LBAI) possesses 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 Third Quarter Earnings and Conference Call

OAK RIDGE, N.J., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the third quarter ended September 30, 2022, on...

4 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Lakeland Bancorp, Inc. Buyout

Wilmington, Delaware--(Newsfile Corp. - September 28, 2022) - Rigrodsky Law, P.A. is investigating Lakeland Bancorp, Inc. ("Lakeland") (NASDAQ: LBAI) regarding possible breaches of fiduciary duties an...

4 months ago - Newsfile Corp

Lakeland Bank Announces Settlement of Claims Made by U.S. Department of Justice

OAK RIDGE, N.J., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Lakeland Bank (“Lakeland”), the wholly owned subsidiary of Lakeland Bancorp, Inc., today announced it has entered into a settlement with the U.S. De...

4 months ago - GlobeNewsWire

Shareholder Alert: Ademi LLP investigates whether Lakeland Bancorp, Inc. has obtained a Fair Price in its transaction with Provident

MILWAUKEE , Sept. 28, 2022 /PRNewswire/ -- Ademi LLP is investigating Lakeland (Nasdaq: LBAI) for possible breaches of fiduciary duty and other violations of law in its transaction with Provident.

4 months ago - PRNewsWire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AERI, ECOM, PFS, LBAI

NEW YORK , Sept. 28, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breache...

Other symbols: PFS
4 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Lakeland Bancorp, Inc.

NEW YORK , Sept. 27, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Lakeland Bancorp, Inc. (NASDAQ: LBAI) and its board of directors concerning the propos...

Other symbols: PFS
4 months ago - PRNewsWire

LBAI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Lakeland Bancorp, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Lakeland Bancorp, Inc. (NASDAQ: LBAI) to Provident Financial Services, Inc. for 0.8319 sh...

4 months ago - Business Wire

Provident Financial to combine with Lakeland Bancorp in Garden State banking tie-up

Provident Financial Services Inc. said Tuesday it inked a $1.3 billion, all-stock deal to combine with Lakeland Bancorp Inc. in a tie-up of two New Jersey banks bulking up ahead of an expected economi...

Other symbols: PFS
4 months ago - Market Watch

Provident Financial to buy Lakeland Bancorp for an 18% premium in a $1.3 billion stock deal

Provident Financial Services Inc. PFS, -0.56% and announced Tuesday and agreement to acquire Lakeland Bancorp Inc. LBAI, -0.55% in a stock deal valued at $1.3 billion. Provident's stock was indicated ...

Other symbols: PFS
4 months ago - Market Watch

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. to Combine to Create New Jersey's Premier Super-Community Banking Franchise

Creates top-tier New Jersey / Tri-State area super-community bank with significant scale

Other symbols: PFS
4 months ago - GlobeNewsWire

Best Income Stocks to Buy for August 24th

CTO, BRT, and LBAI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 24, 2022.

Other symbols: BRTCTO
5 months ago - Zacks Investment Research

Here's Why Lakeland Bancorp (LBAI) is a Great Momentum Stock to Buy

Does Lakeland Bancorp (LBAI) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 months ago - Zacks Investment Research

Best Income Stocks to Buy for August 18th

NOAH, LBAI, and HBT made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 18, 2022.

Other symbols: HBTNOAH
5 months ago - Zacks Investment Research

New Strong Buy Stocks for August 1st

LTC, LBAI, ARI, CHRW and CSL have been added to the Zacks Rank #1 (Strong Buy) List on August 1, 2022.

Other symbols: ARICHRWCSLLTC
6 months ago - Zacks Investment Research

Best Income Stocks to Buy for August 1st

LTC, LBAI, and ARI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 1, 2022.

Other symbols: ARILTC
6 months ago - Zacks Investment Research

Lakeland Bancorp (LBAI) Q2 Earnings Meet Estimates

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of 0% and 6.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research