Lakeland Bank/LBAI

$12.85

2.85%
-
1D1W1MYTD1YMAX

About Lakeland Bank

Lakeland Bancorp, Inc. is a bank holding company for Lakeland Bank (the Bank). The Bank offers a suite of financial products and services for businesses and consumers. The Company offers a range of lending, depository, and related financial services to individuals and small to medium sized businesses located primarily in northern and central New Jersey, the Hudson Valley region in New York and surrounding areas. The Bank provides services in three categories: commercial bank services, consumer banking and other services. The Bank offers a range of lending services include commercial real estate loans, commercial and industrial loans, short- and medium-term loans, letters of credit, and others. Its consumer banking services include checking accounts, savings accounts, money market accounts, certificates of deposit, online banking and other. In addition, the Bank provides commercial title insurance services and life insurance products. The Bank operates approximately 68 branch offices.

Ticker

LBAI

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Thomas Shara

Employees

871

Headquarters

Oak ridge, United States

Lakeland Bank Metrics

BasicAdvanced
$778.59M
Market cap
-
P/E ratio
-
EPS
0.82
Beta
-
Dividend rate
4.85%
Dividend yield
$778.59M
0.82387
$16.00
$10.65
331.09K
16.518
67.64
0.66
0.864
3.28%
4.85%
25.43%
4.55%
5.07%

What the Analysts think about Lakeland Bank

Analyst Ratings

Majority rating from 2 analysts.
Hold

Price Targets

Average projection from 2 analysts.
9.57% upside
High $14.15
Low $14.00
$12.85
Current price
$14.08
Average price target

Lakeland Bank Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.7% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$136M
3.11%
Net income
$20M
-9.91%
Profit margin
14.7%
-12.66%

Lakeland Bank Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 11.52%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.34
$0.34
$0.30
$0.30
-
Expected
$0.39
$0.34
$0.32
$0.27
$0.27
Surprise
-13.04%
-1.02%
-4.91%
11.52%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Lakeland Bank stock?

Lakeland Bank (LBAI) has a market cap of $778.59M as of April 23, 2024.

What is the P/E ratio for Lakeland Bank stock?

The price to earnings (P/E) ratio for Lakeland Bank (LBAI) stock is 0 as of April 23, 2024.

Does Lakeland Bank stock pay dividends?

No, Lakeland Bank (LBAI) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next Lakeland Bank dividend payment date?

Lakeland Bank (LBAI) stock does not pay dividends to its shareholders.

What is the beta indicator for Lakeland Bank?

Lakeland Bank (LBAI) has a beta rating of 0.82. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Lakeland Bank stock price target?

The target price for Lakeland Bank (LBAI) stock is $14.08, which is 9.57% above the current price of $12.85. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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