LBAI RSI Chart
Last 7 days
2.3%
Last 30 days
-3.6%
Last 90 days
-19.5%
Trailing 12 Months
-31.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 405.9M | 439.8M | 469.9M | 491.0M |
2022 | 269.9M | 291.6M | 323.1M | 367.5M |
2021 | 248.7M | 252.9M | 256.4M | 257.3M |
2020 | 256.9M | 253.0M | 249.8M | 248.8M |
2019 | 226.2M | 238.7M | 249.1M | 256.5M |
2018 | 195.6M | 200.6M | 206.1M | 213.1M |
2017 | 170.5M | 178.7M | 184.4M | 190.2M |
2016 | 134.1M | 141.8M | 152.7M | 163.3M |
2015 | 123.6M | 124.3M | 125.7M | 127.5M |
2014 | 117.6M | 120.5M | 121.4M | 122.5M |
2013 | 109.2M | 108.9M | 111.3M | 114.2M |
2012 | 115.9M | 114.3M | 112.5M | 111.0M |
2011 | 123.8M | 121.8M | 119.7M | 117.5M |
2010 | 0 | 131.1M | 128.4M | 125.6M |
2009 | 0 | 0 | 0 | 133.8M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 27, 2024 | lalwani ellen | sold (taxes) | -21,156 | 11.76 | -1,799 | evp/chief banking officer |
Feb 27, 2024 | ho-sing-loy paul | sold (taxes) | -21,826 | 11.76 | -1,856 | evp chief information officer |
Feb 27, 2024 | matteson timothy j | sold (taxes) | -55,083 | 11.76 | -4,684 | evp, cao & general counsel |
Feb 27, 2024 | splaine thomas jr | sold (taxes) | -60,364 | 11.76 | -5,133 | evp and cfo |
Feb 27, 2024 | nigro james m. | sold (taxes) | -11,077 | 11.76 | -942 | evp chief risk officer |
Feb 27, 2024 | rath john f | sold (taxes) | -8,596 | 11.76 | -731 | evp/chief loan officer |
Feb 27, 2024 | shara thomas | sold (taxes) | - | - | -13,771 | president and ceo |
Feb 27, 2024 | schwarz ronald e | sold (taxes) | -55,918 | 11.76 | -4,755 | sr. evp & coo |
Feb 21, 2024 | splaine thomas jr | acquired | - | - | 25,938 | evp and cfo |
Feb 21, 2024 | shara thomas | acquired | - | - | 75,720 | president and ceo |
Which funds bought or sold LBAI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 1.74 | 34,205 | 212,059 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.89 | 9,379,270 | 54,957,500 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 98.28 | 7,506,740 | 13,177,500 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.4 | 65,738 | 458,801 | -% |
Feb 26, 2024 | Virtu Financial LLC | new | - | 790,000 | 790,000 | 0.06% |
Feb 23, 2024 | MENDON CAPITAL ADVISORS CORP | new | - | 2,431,060 | 2,431,060 | 1.01% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 39.72 | 4,965 | 11,965 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 16.14 | 167,000 | 630,000 | -% |
Feb 15, 2024 | BARCLAYS PLC | added | 59.98 | 1,283,000 | 2,748,000 | -% |
Feb 15, 2024 | Legal & General Group Plc | unchanged | - | 148,554 | 1,012,490 | -% |
Unveiling Lakeland Bancorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Lakeland Bancorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
Lakeland Bancorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.2% | 129 | 127 | 121 | 114 | 108 | 96.00 | 87.00 | 76.00 | 64.00 | 65.00 | 65.00 | 63.00 | 63.00 | 61.00 | 61.00 | 64.00 | 64.00 | 65.00 | 65.00 | 63.00 | 56.00 |
EBITDA Margin | -12.0% | 0.81* | 0.92* | 1.03* | 1.16* | 1.26* | 1.31* | 1.35* | 1.38* | 1.43* | 1.40* | 1.34* | 1.24* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -5.2% | 65.00 | 69.00 | 72.00 | 76.00 | 82.00 | 80.00 | 80.00 | 70.00 | 59.00 | 59.00 | 60.00 | 57.00 | 55.00 | 52.00 | 51.00 | 50.00 | 50.00 | 49.00 | 49.00 | 49.00 | 44.00 |
Income Taxes | 9.7% | 7.00 | 6.00 | 7.00 | 6.00 | 12.00 | 10.00 | 10.00 | 5.00 | 7.00 | 8.00 | 9.00 | 8.00 | 5.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 6.00 | 4.00 | 5.00 |
Earnings Before Taxes | -5.4% | 27.00 | 29.00 | 29.00 | 26.00 | 46.00 | 38.00 | 39.00 | 21.00 | 29.00 | 30.00 | 37.00 | 31.00 | 24.00 | 19.00 | 16.00 | 16.00 | 25.00 | 25.00 | 24.00 | 20.00 | 21.00 |
EBT Margin | -18.3% | 0.23* | 0.28* | 0.32* | 0.37* | 0.39* | 0.39* | 0.41* | 0.43* | 0.49* | 0.48* | 0.44* | 0.36* | - | - | - | - | - | - | - | - | - |
Net Income | -9.8% | 20.00 | 22.00 | 23.00 | 20.00 | 34.00 | 29.00 | 29.00 | 16.00 | 22.00 | 22.00 | 27.00 | 23.00 | 19.00 | 14.00 | 12.00 | 12.00 | 19.00 | 19.00 | 17.00 | 16.00 | 16.00 |
Net Income Margin | -17.5% | 0.17* | 0.21* | 0.24* | 0.27* | 0.29* | 0.30* | 0.31* | 0.33* | 0.37* | 0.36* | 0.33* | 0.27* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -4.2% | 24.00 | 26.00 | 26.00 | 35.00 | 23.00 | 30.00 | 36.00 | 28.00 | 23.00 | 23.00 | 15.00 | 28.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.3% | 11,139 | 11,177 | 10,898 | 10,837 | 10,784 | 10,516 | 10,374 | 10,275 | 8,198 | 8,172 | 7,854 | 1,810 | 7,664 | 7,522 | 7,489 | 7,014 | 6,711 | 6,492 | 6,407 | 6,365 | 5,806 |
Cash Equivalents | -9.4% | 321 | 354 | 220 | 275 | 236 | 246 | 245 | 422 | 229 | 663 | 375 | 202 | 270 | 346 | 343 | 286 | 282 | 282 | 247 | 226 | 209 |
Net PPE | -2.1% | 53.00 | 54.00 | 55.00 | 56.00 | 55.00 | 55.00 | 55.00 | 59.00 | 46.00 | 46.00 | 48.00 | 49.00 | 48.00 | 48.00 | 48.00 | 48.00 | 48.00 | 47.00 | 50.00 | 52.00 | 49.00 |
Goodwill | 0.0% | 272 | 272 | 272 | 272 | 272 | 272 | 272 | 272 | 116 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 156 | 154 | 20.00 |
Liabilities | -0.7% | 9,969 | 10,041 | 9,766 | 9,711 | 9,675 | 9,433 | 9,284 | 9,186 | 7,371 | 7,358 | 7,058 | 7,004 | 6,901 | 6,769 | 6,743 | 6,277 | 5,986 | 5,779 | 5,709 | 5,684 | 5,182 |
Shareholder's Equity | 3.0% | 1,169 | 1,136 | 1,132 | 1,127 | 1,109 | 1,082 | 1,090 | 1,089 | 827 | 814 | 797 | 768 | 764 | 754 | 745 | 737 | 725 | 713 | 698 | 681 | 624 |
Retained Earnings | 2.9% | 376 | 365 | 353 | 340 | 329 | 305 | 286 | 266 | 259 | 244 | 229 | 208 | 191 | 182 | 174 | 169 | 163 | 150 | 138 | 127 | 117 |
Shares Outstanding | 0% | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 51.00 | 51.00 | 51.00 | 51.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 826 | - | - | - | 902 | - | - | - | 847 | - | - | - | 554 | - | - | - | 781 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -4.1% | 25,253 | 26,332 | 27,259 | 36,761 | 26,000 | 31,381 | 37,975 | 29,340 | 24,720 | 24,249 | 16,133 | 30,001 | 23,319 | 3,733 | 33,542 | 24,397 | 25,853 | 21,345 | 19,690 | 20,243 | 13,038 |
Share Based Compensation | 2454.8% | 2,121 | 83.00 | 83.00 | 1,725 | 2,054 | 1,100 | 1,100 | 1,439 | 1,805 | 88.00 | 88.00 | 1,206 | 920 | 530 | 55.00 | 847 | 723 | 558 | 568 | 696 | 495 |
Cashflow From Investing | 90.0% | -13,052 | -130,423 | -106,261 | -40,836 | -286,180 | -123,176 | -286,931 | 44,426 | -473,378 | -30,015 | 100,961 | -212,858 | -239,871 | -29,224 | -419,649 | -239,278 | -231,644 | -39,021 | -8,465 | -24,847 | -140,482 |
Cashflow From Financing | -119.0% | -45,371 | 238,374 | 23,602 | 43,067 | 250,367 | 92,092 | 72,753 | 119,373 | 14,553 | 293,001 | 56,188 | 114,885 | 140,714 | 28,812 | 443,078 | 218,146 | 206,204 | 52,735 | 9,315 | 22,364 | 155,807 |
Dividend Payments | 0.0% | 9,522 | 9,520 | 9,529 | 9,500 | 9,505 | 9,506 | 9,514 | 8,809 | 6,922 | 7,000 | 6,828 | 6,369 | 6,364 | 6,365 | 6,364 | 6,364 | 6,362 | 6,362 | 6,357 | 5,838 | 5,510 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,452 | - | - | - | - | - |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest Income | |||
Loans and fees | $ 432,038 | $ 325,001 | $ 237,037 |
Federal funds sold and interest-bearing deposits with banks | 5,309 | 1,295 | 440 |
Taxable investment securities and other | 47,476 | 35,352 | 17,208 |
Tax-exempt investment securities | 6,215 | 5,895 | 2,633 |
Total Interest Income | 491,038 | 367,543 | 257,318 |
Interest Expense | |||
Total | 163,095 | 44,253 | 16,793 |
Federal funds purchased and securities sold under agreements to repurchase | 33,564 | 3,658 | 78 |
Other borrowings | 12,698 | 7,017 | 5,612 |
Total Interest Expense | 209,357 | 54,928 | 22,483 |
Net Interest Income | 281,681 | 312,615 | 234,835 |
Provision (benefit) for credit losses | 13,052 | 8,514 | (10,896) |
Net Interest Income after Provision (Benefit) for Credit Losses | 268,629 | 304,101 | 245,731 |
Noninterest Income | |||
Service charges on deposit accounts | 10,339 | 10,985 | 9,856 |
Commissions and fees | 7,225 | 9,116 | 6,939 |
Income on bank owned life insurance | 3,450 | 3,980 | 2,676 |
Gain (loss) on equity securities | 110 | (1,302) | (285) |
Gains on sales of loans | 1,513 | 2,765 | 2,264 |
Gains on investment securities transactions, net | 0 | 0 | 9 |
Swap income | 1,596 | 1,576 | 634 |
Other income | 905 | 979 | 268 |
Total Noninterest Income | 25,138 | 28,099 | 22,361 |
Total Noninterest Income | |||
Compensation and employee benefits | 108,874 | 108,167 | 82,589 |
Premises and equipment | 31,304 | 30,882 | 24,773 |
FDIC insurance expense | 5,294 | 2,724 | 2,341 |
Data processing expense | 7,563 | 6,238 | 5,454 |
Merger-related expenses | 864 | 8,606 | 1,782 |
Other operating expenses | 29,075 | 31,591 | 23,818 |
Total Noninterest Expense | 182,974 | 188,208 | 140,757 |
Income before provision for income taxes | 110,793 | 143,992 | 127,335 |
Provision for income taxes | 26,053 | 36,623 | 32,294 |
Net Income | $ 84,740 | $ 107,369 | $ 95,041 |
Per Share of Common Stock | |||
Basic earnings (usd per share) | $ 1.29 | $ 1.64 | $ 1.85 |
Diluted earnings (usd per share) | 1.29 | 1.63 | 1.85 |
Cash dividends paid (usd per share) | $ 0.58 | $ 0.57 | $ 0.53 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash | $ 293,366 | $ 223,299 |
Interest-bearing deposits due from banks | 27,289 | 12,651 |
Total cash and cash equivalents | 320,655 | 235,950 |
Investment securities, available for sale, at estimated fair value (allowance for credit losses of $0 at December 31, 2023, and $310 at December 31, 2022) | 946,282 | 1,054,312 |
Investment securities, held to maturity (estimated fair value of $702,563 at December 31, 2023, and $760,455 at December 31, 2022, and allowance for credit losses of $146 at December 31, 2023, and $107 at December 31, 2022) | 836,377 | 923,308 |
Equity securities, at fair value | 17,697 | 17,283 |
Federal Home Loan Bank and other membership stock, at cost | 52,517 | 42,483 |
Loans held for sale | 664 | 536 |
Loans, net of deferred fees | 8,343,861 | 7,866,050 |
Less: Allowance for credit losses | 77,163 | 70,264 |
Total loans, net | 8,266,698 | 7,795,786 |
Premises and equipment, net | 52,846 | 55,429 |
Operating lease right-of-use assets | 16,008 | 20,052 |
Accrued interest receivable | 37,508 | 33,374 |
Goodwill | 271,829 | 271,829 |
Other identifiable intangible assets | 7,058 | 9,088 |
Bank owned life insurance | 159,862 | 156,985 |
Other assets | 152,566 | 167,425 |
Total Assets | 11,138,567 | 10,783,840 |
Liabilities | ||
Deposits | 8,581,238 | 8,567,471 |
Federal funds purchased and securities sold under agreements to repurchase | 714,152 | 728,797 |
Long-Term Federal Home Loan Bank Advances | 325,000 | 25,000 |
Subordinated debentures | 194,705 | 194,264 |
Operating lease liabilities | 16,891 | 21,449 |
Other liabilities | 137,212 | 138,272 |
Total Liabilities | 9,969,198 | 9,675,253 |
Stockholders’ Equity | ||
Common stock, no par value; authorized 100,000,000 shares; issued 65,161,310 shares and outstanding 65,030,275 shares at December 31, 2023, and issued 65,002,738 shares and outstanding 64,871,703 shares at December 31, 2022 | 858,857 | 855,425 |
Retained earnings | 376,044 | 329,375 |
Treasury shares, at cost, 131,035 shares at December 31, 2023 and December 31, 2022 | (1,452) | (1,452) |
Accumulated other comprehensive loss | (64,080) | (74,761) |
Total Stockholders’ Equity | 1,169,369 | 1,108,587 |
Total Liabilities and Stockholders’ Equity | $ 11,138,567 | $ 10,783,840 |