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Lakeland Bancorp (LBAI) Stock

Profile

Country:

United States

IPO:

04 January 1999

Indexes:

Not included

Description:

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company also offers 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 construction loans, residential mortgage loans, small business administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services to the business community and municipal relationships; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services comprising checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services; life insurance products; and non-deposit products, such as securities brokerage services, including mutual funds, variable annuities, and insurance. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.

Key Details

Price

$13.43

TTM Dividend Yield

2.16%(-50.46% YoY)

Annual Revenue

$303.86 M(-10.09% YoY)

Annual EPS

$1.29(-20.86% YoY)

PE Ratio

10.49(+1.06% YoY)

Beta

1.08

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

July 26, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Apr 26, 2024
Splits

Next split:

N/A

Recent split:

May 30, 2014

Analyst ratings

Recent major analysts updates

23 Apr '24 Keefe, Bruyette & Woods
Market Perform
30 Jan '24 Keefe, Bruyette & Woods
Market Perform
06 Apr '23 Keefe, Bruyette & Woods
Market Perform
28 Sept '22 Janney Montgomery Scott
Neutral
28 Sept '22 DA Davidson
Neutral
07 July '22 Raymond James
Outperform
29 Apr '22 Raymond James
Strong Buy
28 Apr '21 Raymond James
Strong Buy
17 June '20 Raymond James
Outperform
01 May '20 Piper Sandler
Overweight

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Institutional Ownership

Lakeland Bancorp Announces Date for First Quarter Earnings
Lakeland Bancorp Announces Date for First Quarter Earnings
Lakeland Bancorp Announces Date for First Quarter Earnings
LBAI
GlobeNewsWire10 April 2024

Lakeland Bancorp, Inc. (NASDAQ: LBAI) stated that it anticipates releasing its first quarter earnings for the period ending March 31, 2024 on April 19, 2024 at 8:00 a.m. ET. The earnings release will be posted on the company's website. There will not be a conference call to discuss the results.

Provident (PFS) & Lakeland (LBAI) Get Conditional Nod for Merger
Provident (PFS) & Lakeland (LBAI) Get Conditional Nod for Merger
Provident (PFS) & Lakeland (LBAI) Get Conditional Nod for Merger
LBAI
Zacks Investment Research26 March 2024

Provident (PFS) and Lakeland (LBAI) receive conditional approval for their merger deal. Now, the companies are waiting for consent from the Fed and expect the merger to close by Jun 30, 2024.

Lakeland Bancorp Announces Date for Fourth Quarter Earnings
Lakeland Bancorp Announces Date for Fourth Quarter Earnings
Lakeland Bancorp Announces Date for Fourth Quarter Earnings
LBAI
GlobeNewsWire11 January 2024

OAK RIDGE, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the fourth quarter ended December 31, 2023, on Thursday, January 25, 2024, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the fourth quarter 2023 results.

Provident (PFS) & Lakeland (LBAI) Extend Merger Agreement
Provident (PFS) & Lakeland (LBAI) Extend Merger Agreement
Provident (PFS) & Lakeland (LBAI) Extend Merger Agreement
LBAI
Zacks Investment Research22 December 2023

Provident (PFS) and Lakeland (LBAI) announce the extension of their merger agreement to the end of first-quarter 2024, which was initially expected to close in second-quarter 2023.

Lakeland Bancorp: Not Capitalizing On Rising Interest Rates Efficiently
Lakeland Bancorp: Not Capitalizing On Rising Interest Rates Efficiently
Lakeland Bancorp: Not Capitalizing On Rising Interest Rates Efficiently
LBAI
Seeking Alpha11 October 2023

Lakeland Bancorp has not been seeing the rise in the bottom line as I would have liked following rising interest rates. The company has, on some fronts, done a solid job like raising the loans steadily over the last several years. The dividend yield is appealing enough that it makes sense to have a hold still for the company.

Lakeland Bancorp (LBAI) Lags Q2 Earnings and Revenue Estimates
Lakeland Bancorp (LBAI) Lags Q2 Earnings and Revenue Estimates
Lakeland Bancorp (LBAI) Lags Q2 Earnings and Revenue Estimates
LBAI
Zacks Investment Research27 July 2023

Lakeland Bancorp (LBAI) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.44 per share a year ago.

Lakeland Bancorp Announces Date for Second Quarter Earnings
Lakeland Bancorp Announces Date for Second Quarter Earnings
Lakeland Bancorp Announces Date for Second Quarter Earnings
LBAI
GlobeNewsWire14 July 2023

OAK RIDGE, N.J., July 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the second quarter ended June 30, 2023, on Thursday, July 27, 2023, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the second quarter 2023 results.

Lakeland Bancorp (LBAI) Q1 Earnings and Revenues Lag Estimates
Lakeland Bancorp (LBAI) Q1 Earnings and Revenues Lag Estimates
Lakeland Bancorp (LBAI) Q1 Earnings and Revenues Lag Estimates
LBAI
Zacks Investment Research27 April 2023

Lakeland Bancorp (LBAI) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.30 per share a year ago.

Lakeland Bancorp (LBAI) Reports Next Week: Wall Street Expects Earnings Growth
Lakeland Bancorp (LBAI) Reports Next Week: Wall Street Expects Earnings Growth
Lakeland Bancorp (LBAI) Reports Next Week: Wall Street Expects Earnings Growth
LBAI
Zacks Investment Research20 April 2023

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 First Quarter Earnings
Lakeland Bancorp Announces Date for First Quarter Earnings
Lakeland Bancorp Announces Date for First Quarter Earnings
LBAI
GlobeNewsWire10 April 2023

OAK RIDGE, N.J., April 10, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the first quarter ended March 31, 2023, on Thursday, April 27, 2023, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the first quarter 2023 results.

FAQ

  • What is the primary business of Lakeland Bancorp?
  • What is the ticker symbol for Lakeland Bancorp?
  • Does Lakeland Bancorp pay dividends?
  • What sector is Lakeland Bancorp in?
  • What industry is Lakeland Bancorp in?
  • What country is Lakeland Bancorp based in?
  • When did Lakeland Bancorp go public?
  • Is Lakeland Bancorp in the S&P 500?
  • Is Lakeland Bancorp in the NASDAQ 100?
  • Is Lakeland Bancorp in the Dow Jones?
  • When was Lakeland Bancorp's last earnings report?
  • When does Lakeland Bancorp report earnings?
  • Should I buy Lakeland Bancorp stock now?

What is the primary business of Lakeland Bancorp?

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company also offers 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 construction loans, residential mortgage loans, small business administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services to the business community and municipal relationships; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services comprising checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services; life insurance products; and non-deposit products, such as securities brokerage services, including mutual funds, variable annuities, and insurance. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.

What is the ticker symbol for Lakeland Bancorp?

The ticker symbol for Lakeland Bancorp is NASDAQ:LBAI

Does Lakeland Bancorp pay dividends?

Yes, Lakeland Bancorp pays dividends. The last payment was $0.14, with an ex-dividend date on 26 April 2024

What sector is Lakeland Bancorp in?

Lakeland Bancorp is in the Financial Services sector

What industry is Lakeland Bancorp in?

Lakeland Bancorp is in the Banks - Regional industry

What country is Lakeland Bancorp based in?

Lakeland Bancorp is headquartered in United States

When did Lakeland Bancorp go public?

Lakeland Bancorp's initial public offering (IPO) was on 04 January 1999

Is Lakeland Bancorp in the S&P 500?

No, Lakeland Bancorp is not included in the S&P 500 index

Is Lakeland Bancorp in the NASDAQ 100?

No, Lakeland Bancorp is not included in the NASDAQ 100 index

Is Lakeland Bancorp in the Dow Jones?

No, Lakeland Bancorp is not included in the Dow Jones index

When was Lakeland Bancorp's last earnings report?

Lakeland Bancorp's most recent earnings report was on 26 July 2024

When does Lakeland Bancorp report earnings?

The date for Lakeland Bancorp's next earnings report has not been announced yet

Should I buy Lakeland Bancorp stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions