LBAI Lakeland Bancorp, Inc. featured news, full reports, and detailed charts
Lakeland Bancorp, Inc. (LBAI) Wrap Up:
Lakeland Bancorp, Inc. (the “Company”) is a bank holding company headquartered in Oak Ridge, New Jersey. The Company was organized in March of 1989 and commenced operations on May 19, 1989, upon the consummation of the acquisition of all of the outstanding stock of Lakeland Bank, formerly named Lakeland State Bank (“Lakeland”). Through Lakeland, the Company operates 49 banking offices, located in Morris, Passaic, Sussex, Warren, Essex and Bergen counties in New Jersey. Lakeland offers a full range of lending services, including commercial loans and leases, real estate and consumer loans to small and medium-sized businesses, professionals and individuals located in its markets. The Company has grown substantially over the last several years, through a combination of organic growth and acquisitions. Lakeland has opened ten new branches since January 1, 2001. The Company also has grown through acquisitions. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001193125-08-056741.html#FIS_BUSINESS"Lakeland Bancorp Inc. (LBAI:NASDAQ)
Snapshot of Lakeland Bancorp Inc. (LBAI)
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OPEN
$6.05
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PREVIOUS CLOSE
$6.07
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DAY HIGH
$6.28
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DAY LOW
$6.05
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52 WEEK HIGH
06/5/09 - $11.84
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52 WEEK LOW
03/9/09 - $5.36
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MARKET CAP
146.1M
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AVERAGE VOLUME 3 mo
66.9K
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DILUTED EPS TTM
$-0.38
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SHARES OUTSTANDING
23.8M
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EX-DATE
10/29/09
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P/E TTM
NM
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DIVIDEND
$0.20
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DIVIDEND YIELD
3.26%
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| K = Thousands M = Millions B = Billions | ||
LBAI Top Compensated Officers
Executives, Board Directors
Key developments for Lakeland Bancorp Inc. (LBAI)
Lakeland Bancorp Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income available to common stockholders of $1,126,000 or $0.05 per diluted common share on net interest income of $23,022,000 against net income available to common stockholders of $5,856,000 or $0.25 per diluted common share on net interest income of $23,140,000 in the same period of last year. Pretax income was $4,781,000 against $9,165,000 in the same period of last year. Annualized return on average assets were 0.29% against 0.90% in the same period of last year. Annualized return on average common equity were 3.77% against 10.70% in the same period of last year. Total interest income was $32,990,000 against $36,262,000 in the same period of last year. Income before provision for income taxes was $4,781,000 against $9,165,000 in the same period of last year. For the nine months ended September 30, 2009, the company reported net loss available to common stockholders of $9,845,000 or $0.42 per diluted common share on net interest income of $68,397,000 against net income available to common stockholders of $14,276,000 or $0.61 per diluted common share on net interest income of $66,126,000 in the same period of last year. Pretax loss was $18,324,000 against pretax income of $22,004,000 in the same period of last year. Book value per common share as at September 30, 2009 was $8.95 against $9.30 as at September 30, 2008. Total interest income was $100,299,000 against $108,251,000 in the same period of last year. Loss before provision for income taxes was $18,324,000 against income before provision for income taxes of$22,004,000 in the same period of last year. The company declared a quarterly cash dividend of $0.05 per common share, payable on November 13, 2009 to holders of record as of the close of business on November 2, 2009. The company also declared a dividend of 5% for the quarterly dividend payment due November 16, 2009 for the preferred stock issued to the U.S. Treasury under the capital purchase program.
Lakeland Bancorp Inc. expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).
Lakeland Bancorp Inc. - Conference Presentation Calls
LBAI Competitors
| Company | Last | Change |
| First Community Bancshares Inc NV | $11.08 USD | -0.11 |
| First National Community Bancorp Inc | $6.25 USD | +0.05 |
| Peapack Gladstone Financial Corp | $12.12 USD | +0.21 |
| Peoples Bancorp Inc | $9.42 USD | -0.38 |
| Sandy Spring Bancorp, Inc. | $9.50 USD | -0.07 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | LBAI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.9x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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LBAI |
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LBAI transactions
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Target | |
| No transactions in the last 6 months. | ||