Lakeland Bancorp Inc LBAI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Provident Financial Services, Inc. Receives Federal Reserve Board Approval for its Merger with Lakeland Bancorp, Inc.
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Lakeland Bancorp Announces Date for First Quarter Earnings
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Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.
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Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.
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Lakeland Bancorp Announces Quarterly and Year-End 2023 Earnings
Trading Information
- Previous Close Price
- $11.26
- Day Range
- $11.22–11.43
- 52-Week Range
- $10.65–16.00
- Bid/Ask
- $8.13 / $18.17
- Market Cap
- $740.15 Mil
- Volume/Avg
- 287,551 / 342,093
Key Statistics
- Price/Earnings (Normalized)
- 8.75
- Price/Sales
- 2.42
- Dividend Yield (Trailing)
- 5.10%
- Dividend Yield (Forward)
- 5.10%
- Total Yield
- 5.10%
Company Profile
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 871
- Website
- https://www.lakelandbank.com
Comparables
Valuation
|
Metric
|
LBAI
|
HONE
|
MBWM
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.75 | 15.20 | 6.52 |
Price/Book Value | 0.63 | 0.70 | 1.04 |
Price/Sales | 2.42 | 2.44 | 2.39 |
Price/Cash Flow | 6.38 | 10.70 | 6.20 |
Price/Earnings
LBAI
HONE
MBWM
Financial Strength
|
Metric
|
LBAI
|
HONE
|
MBWM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
LBAI
|
HONE
|
MBWM
|
|---|---|---|---|
Return on Assets (Normalized) | 0.81% | 0.48% | 1.67% |
Return on Equity (Normalized) | 7.87% | 4.31% | 17.83% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
LBAI
HONE
MBWM
Banks - Regional Industry Comparables
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Name
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Morningstar Rating for Stocks
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