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LBAI

LBAI - Lakeland Bancorp Inc Stock Price, Fair Value and News

13.43USD+0.15 (+1.13%)Delayed

Market Summary

LBAI
USD13.43+0.15
Delayed
1.13%

LBAI Alerts

  • 1 major insider sales recently.

LBAI Stock Price

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LBAI RSI Chart

LBAI Valuation

Market Cap

875.0M

Price/Earnings (Trailing)

10.33

Price/Sales (Trailing)

1.73

EV/EBITDA

1.73

Price/Free Cashflow

8.79

LBAI Price/Sales (Trailing)

LBAI Profitability

EBT Margin

21.92%

Return on Equity

7.18%

Return on Assets

0.77%

Free Cashflow Yield

11.38%

LBAI Fundamentals

LBAI Revenue

Revenue (TTM)

505.5M

Rev. Growth (Yr)

12.64%

Rev. Growth (Qtr)

-0.36%

LBAI Earnings

Earnings (TTM)

84.7M

Earnings Growth (Yr)

-0.05%

Earnings Growth (Qtr)

-1.36%

Breaking Down LBAI Revenue

Last 7 days

1.8%

Last 30 days

18.3%

Last 90 days

6.3%

Trailing 12 Months

7.1%

How does LBAI drawdown profile look like?

LBAI Financial Health

LBAI Investor Care

Dividend Yield

4.32%

Dividend/Share (TTM)

0.58

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

1.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024505.5M000
2023405.9M439.8M469.9M491.0M
2022269.9M291.6M323.1M367.5M
2021248.7M252.9M256.4M257.3M
2020256.9M253.0M249.8M248.8M
2019226.2M238.7M249.1M256.5M
2018195.6M200.6M206.1M213.1M
2017170.5M178.7M184.4M190.2M
2016134.1M141.8M152.7M163.3M
2015123.6M124.3M125.7M127.5M
2014117.6M120.5M121.4M122.5M
2013109.2M108.9M111.3M114.2M
2012115.9M114.3M112.5M111.0M
2011123.8M121.8M119.7M117.5M
20100131.1M128.4M125.6M
2009000133.8M
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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>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Lakeland Bancorp Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 15, 2024
deacon mary ann
back to issuer
-
-
-263,032
-
May 15, 2024
fredericks mark j
back to issuer
-
-
-23,515
-
May 15, 2024
bohuny bruce d.
back to issuer
-
-
-11,912
-
May 15, 2024
nicholson robert k iii
back to issuer
-
-
-208,977
-
May 15, 2024
deacon mary ann
back to issuer
-
-
-39,349
-
May 15, 2024
deacon mary ann
back to issuer
-
-
-20,435
-
May 15, 2024
hanson james e. ii
back to issuer
-
-
-62,663
-
May 15, 2024
deacon mary ann
back to issuer
-
-
-6,400
-
May 15, 2024
mccracken robert e
back to issuer
-
-
-74,925
-
May 15, 2024
inserra lawrence r jr
back to issuer
-
-
-81,723
-

1–10 of 50

Which funds bought or sold LBAI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
Cetera Investment Advisers
new
-
3,563,570
3,563,570
0.01%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
-326,902
1,470,450
0.50%
May 20, 2024
Virtu Financial LLC
reduced
-47.39
-450,000
340,000
0.03%
May 20, 2024
EMC Capital Management
sold off
-100
-262,000
-
-%
May 16, 2024
COMERICA BANK
added
85.29
1,293
3,812
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-18.42
-149,974
300,914
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.4
-423,636
1,678,720
-%
May 15, 2024
Cubist Systematic Strategies, LLC
new
-
35,598
35,598
-%
May 15, 2024
CITADEL ADVISORS LLC
new
-
280,091
280,091
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
new
-
129,531
129,531
-%

1–10 of 50

Are Funds Buying or Selling LBAI?

Are funds buying LBAI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LBAI
No. of Funds

Unveiling Lakeland Bancorp Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.71%
3,715,855
SC 13G
Feb 09, 2024
dimensional fund advisors lp
5.2%
3,374,129
SC 13G
Jan 24, 2024
blackrock inc.
10.9%
7,102,544
SC 13G/A
Nov 07, 2023
blackrock inc.
10.1%
6,600,511
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
4.9%
3,675,234
SC 13G/A
Feb 09, 2023
vanguard group inc
4.92%
3,707,287
SC 13G/A
Feb 08, 2023
fj capital management llc
0%
0
SC 13G/A
Jan 24, 2023
blackrock inc.
9.8%
6,319,963
SC 13G/A
Feb 10, 2022
fj capital management llc
6.20%
3,138,008
SC 13G/A
Feb 10, 2022
vanguard group inc
5.63%
2,849,033
SC 13G

Recent SEC filings of Lakeland Bancorp Inc

View All Filings
Date Filed Form Type Document
May 28, 2024
15-12G
15-12G
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading

Peers (Alternatives to Lakeland Bancorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
563.0B
180.9B
-3.93% 36.82%
11.18
3.11
60.42% 19.83%
306.8B
137.9B
1.92% 34.72%
12.26
2.22
56.12% -12.56%
199.6B
88.5B
-7.48% 36.07%
10.64
2.26
42.28% 26.14%
115.1B
140.1B
-5.27% 24.88%
14.4
0.82
54.53% -
15.7B
10.4B
-5.30% 27.31%
10.97
1.51
26.22% -33.87%
12.9B
8.1B
-9.73% 37.64%
14.71
1.58
32.15% -50.93%
MID-CAP
6.4B
4.2B
-10.83% 16.22%
9.19
1.5
34.68% -45.96%
6.1B
4.1B
-7.21% 47.33%
9.7
1.5
32.93% -30.73%
3.3B
1.3B
-4.61% 36.38%
11.64
2.51
30.60% -12.99%
3.0B
2.0B
-9.92% 18.81%
18.91
1.49
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
410.3M
173.1M
2.85% 14.23%
14.06
2.37
26.54% -34.86%
371.8M
176.1M
-9.23% 5.21%
37.4
2.11
35.14% -73.84%
269.5M
98.7M
-5.93% -7.61%
9.16
2.73
6.27% -22.90%
40.3M
62.5M
-11.90% -14.13%
-13.63
0.64
18.83% -145.18%

Lakeland Bancorp Inc News

Latest updates
Defense World11 Jun 202412:55 pm
Yahoo Singapore News26 May 202403:48 pm

Lakeland Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.4%12912912712111410896.0087.0076.0064.0065.0065.0063.0063.0061.0061.0064.0064.0065.0065.0063.00
EBITDA Margin-6.0%0.76*0.81*0.92*1.03*1.16*1.26*1.31*1.35*1.38*1.43*1.40*1.34*---------
Interest Expenses-4.2%63.0065.0069.0072.0076.0082.0080.0080.0070.0059.0059.0060.0057.0055.0052.0051.0050.0050.0049.0049.0049.00
Income Taxes-16.7%6.007.006.007.006.0012.0010.0010.005.007.008.009.008.005.004.004.004.006.006.006.004.00
Earnings Before Taxes-5.4%26.0027.0029.0029.0026.0046.0038.0039.0021.0029.0030.0037.0031.0024.0019.0016.0016.0025.0025.0024.0020.00
EBT Margin-2.9%0.22*0.23*0.28*0.32*0.37*0.39*0.39*0.41*0.43*0.49*0.48*0.44*---------
Net Income-1.4%20.0020.0022.0023.0020.0034.0029.0029.0016.0022.0022.0027.0023.0019.0014.0012.0012.0019.0019.0017.0016.00
Net Income Margin-2.9%0.17*0.17*0.21*0.24*0.27*0.29*0.30*0.31*0.33*0.37*0.36*0.33*---------
Free Cashflow-2.8%24.0024.0026.0026.0035.0023.0030.0036.0028.0023.0023.0015.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.6%10,96511,13911,17710,89810,83710,78410,51610,37410,2758,1988,1727,8541,8107,6647,5227,4897,0146,7116,4926,4076,365
    Cash Equivalents-35.3%208321354220275236246245422229663375202270346343286282282247226
  Net PPE-2.0%52.0053.0054.0055.0056.0055.0055.0055.0059.0046.0046.0048.0049.0048.0048.0048.0048.0048.0047.0050.0052.00
  Goodwill0%272272272272272272272272272116156156156156156156156156156156154
Liabilities-1.8%9,7859,96910,0419,7669,7119,6759,4339,2849,1867,3717,3587,0587,0046,9016,7696,7436,2775,9865,7795,7095,684
Shareholder's Equity0.9%1,1791,1691,1361,1321,1271,1091,0821,0901,089827814797768764754745737725713698681
  Retained Earnings2.7%386376365353340329305286266259244229208191182174169163150138127
Shares Outstanding0.2%65.0065.0065.0065.0065.0065.0065.0065.0065.0051.0051.0051.00---------
Float----827---902---847---554---781-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-2.5%24,61125,25326,33227,25936,76126,00031,38137,97529,34024,72024,24916,13330,00123,3193,73333,54224,39725,85321,34519,69020,243
  Share Based Compensation32.2%1,6351,2378331,1001,7253,06787.0088.001,4391,39988.009011,20692053055.00847723558568696
Cashflow From Investing595.1%64,620-13,052-130,423-106,261-40,836-286,180-123,176-286,93144,426-473,378-30,015100,961-212,858-239,871-29,224-419,649-239,278-231,644-39,021-8,465-24,847
Cashflow From Financing-345.8%-202,267-45,371238,37423,60243,067250,36792,09272,753119,37314,553293,00156,188114,885140,71428,812443,078218,146206,20452,7359,31522,364
  Dividend Payments0.0%9,5209,5229,5209,5299,5009,5059,5069,5148,8096,9227,0006,8286,3696,3646,3656,3646,3646,3626,3626,3575,838
  Buy Backs-----------------1,452----
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LBAI Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income  
Loans and fees$ 114,680$ 100,481
Federal funds sold and interest-bearing deposits with banks1,102728
Taxable investment securities and other11,63111,554
Tax-exempt investment securities1,4481,642
Total Interest Income128,861114,405
Interest Expense  
Deposits54,76329,158
Federal funds purchased and securities sold under agreements to repurchase5,5607,222
Other borrowings5,9802,100
Total Interest Expense66,30338,480
Net Interest Income62,55875,925
(Benefit) provision for credit losses(2,692)7,893
Net Interest Income after (Benefit) Provision for Credit Losses65,25068,032
Noninterest Income  
Service charges on deposit accounts1,9592,789
Commissions and fees1,6901,925
Income on bank owned life insurance877776
(Loss) gain on equity securities(129)148
Gains on sales of loans held for sale305430
Swap income28956
Other income103141
Total Noninterest Income5,0946,265
Noninterest Expense  
Compensation and employee benefits26,87429,996
Premises and equipment7,8867,977
FDIC insurance expense1,393963
Data processing expense1,7811,862
Merger-related expenses68295
Other expenses6,6477,512
Total Noninterest Expense44,64948,605
Income before provision for income taxes25,69525,692
Provision for income taxes5,9005,887
Net Income$ 19,795$ 19,805
Per Share of Common Stock  
Basic earnings (in usd per share)$ 0.30$ 0.30
Diluted earnings (in usd per share)0.300.30
Dividends (in usd per share)$ 0.145$ 0.145

LBAI Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash$ 203,186$ 293,366
Interest-bearing deposits due from banks4,43327,289
Total cash and cash equivalents207,619320,655
Investment securities available for sale, at fair value (allowance for credit losses of $0 at March 31, 2024 and December 31, 2023)914,029946,282
Investment securities held to maturity (fair value of $681,857 at March 31, 2024 and $702,563 at December 31, 2023 and allowance for credit losses of $146 at March 31, 2024 and December 31, 2023)827,107836,377
Equity securities, at fair value17,64617,697
Federal Home Loan Bank and other membership bank stock, at cost52,20552,517
Loans held for sale564664
Loans, net of deferred fees8,320,4248,343,861
Less: Allowance for credit losses76,82377,163
Total loans, net8,243,6018,266,698
Premises and equipment, net51,78352,846
Operating lease right-of-use assets15,00916,008
Accrued interest receivable37,96837,508
Goodwill271,829271,829
Other intangible assets6,6237,058
Bank owned life insurance160,587159,862
Other assets158,314152,566
Total Assets10,964,88411,138,567
Liabilities  
Deposits8,500,4388,581,238
Federal funds purchased and securities sold under agreements to repurchase602,956714,152
Federal Home Loan Bank of New York term borrowings325,000325,000
Subordinated debentures194,814194,705
Operating lease liabilities15,82016,891
Other liabilities146,426137,212
Total Liabilities9,785,4549,969,198
Stockholders' Equity  
Common stock, no par value; authorized 100,000,000 shares; issued 65,285,261 shares and outstanding 65,154,226 shares at March 31, 2024 and issued 65,161,310 shares and outstanding 65,030,275 shares at December 31, 2023859,712858,857
Retained earnings386,319376,044
Treasury shares, at cost, 131,035 shares at March 31, 2024 and December 31, 2023(1,452)(1,452)
Accumulated other comprehensive loss(65,149)(64,080)
Total Stockholders' Equity1,179,4301,169,369
Total Liabilities and Stockholders' Equity$ 10,964,884$ 11,138,567
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. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company 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 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; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, the company provides consumer banking services, which include 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, it offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. The company was incorporated in 1989 and is headquartered in Oak Ridge, New Jersey.
 CEO
 WEBSITElakelandbank.com
 INDUSTRYBanks Diversified
 EMPLOYEES860

Lakeland Bancorp Inc Frequently Asked Questions


What is the ticker symbol for Lakeland Bancorp Inc? What does LBAI stand for in stocks?

LBAI is the stock ticker symbol of Lakeland Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lakeland Bancorp Inc (LBAI)?

As of Wed May 15 2024, market cap of Lakeland Bancorp Inc is 875.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LBAI stock?

You can check LBAI's fair value in chart for subscribers.

What is the fair value of LBAI stock?

You can check LBAI's fair value in chart for subscribers. The fair value of Lakeland Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lakeland Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LBAI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lakeland Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether LBAI is over valued or under valued. Whether Lakeland Bancorp Inc is cheap or expensive depends on the assumptions which impact Lakeland Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LBAI.

What is Lakeland Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, LBAI's PE ratio (Price to Earnings) is 10.33 and Price to Sales (PS) ratio is 1.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LBAI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lakeland Bancorp Inc's stock?

In the past 10 years, Lakeland Bancorp Inc has provided 0.053 (multiply by 100 for percentage) rate of return.