Lakeland Bancorp, Inc. (LBAI)
| Market Cap | 985.30M |
| Revenue (ttm) | 273.86M |
| Net Income (ttm) | 87.80M |
| Shares Out | 64.78M |
| EPS (ttm) | 1.61 |
| PE Ratio | 9.47 |
| Forward PE | 8.58 |
| Dividend | $0.55 (3.62%) |
| Ex-Dividend Date | May 6, 2022 |
| Volume | 161,023 |
| Open | 14.91 |
| Previous Close | 14.81 |
| Day's Range | 14.91 - 15.25 |
| 52-Week Range | 14.64 - 20.69 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 20.98 (+37.9%) |
| Earnings Date | Apr 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...
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 StatementsAnalyst 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.
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?
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...
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?
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...
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.
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...
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...
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...
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...
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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...
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?
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...
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.
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...
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...
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.
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...
Why Shares of Lakeland Bancorp Are Trading Higher Today
The bank will soon join the S&P SmallCap 600.
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?
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...
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...
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...
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...
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...