Lakeland Bancorp (NASDAQ: LBAI), is the holding company for Lakeland Bank. Lakeland Bank is the second largest commercial bank headquartered in the state and offers an extensive array of consumer and commercial products and services, including online and mobile banking, localized commercial lending teams, and 24-hour or less turnaround time on consumer loan applications.
Lakeland continues to build on its infrastructure of financial strength, profitability, efficiency and quality service as it moves into the future. By offering retail banking, investment programs and business banking solutions, Lakeland remains a community-oriented provider of financial services. Our solid customer base along with our wide array of products and services allows Lakeland to command a strong competitive position in the markets it serves.
Closing share price
|FY, 2010||FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015||Y, 2016|
|$114.2 m||$122.5 m||$127.5 m||$184.6 m|
Revenue growth, %
|$37.4 m||$46.3 m||$48.6 m|
|$25 m||$31.1 m||$32.5 m|
Operating cash flow
|($4.8 m)||$6.6 m||$9.2 m|