Lakeland Bancorp

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.

Type
Public
HQ
West Milford, US
Founded
1969
Size (employees)
551 (est)
Lakeland Bancorp was founded in 1969 and is headquartered in West Milford, US

Lakeland Bancorp Office Locations

Lakeland Bancorp has an office in West Milford
West Milford, US (HQ)
250 Oak Ridge Rd

Lakeland Bancorp Metrics

Lakeland Bancorp Financial Metrics

Revenue (2016)

$184.6 m

Revenue growth (2015-16), %

45%

Gross profit

$167 m

Gross profit margin (2016), %

90%

Net income (2016)

$41.5 m

Market capitalization (21-Mar-2017)

$913.8 m

Closing share price (21-Mar-2017)

$19.7

Cash (31-Dec-2016)

$175.8 m
Lakeland Bancorp's current market capitalization is $913.8 m.
Lakeland Bancorp's revenue was reported to be $184.6 m in 2016
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$114.2 m$122.5 m$127.5 m$184.6 m

Revenue growth, %

7%4%45%

Cost of goods sold

$9.7 m$10.9 m$17.6 m

Gross profit

$104.5 m$116.6 m$167 m

Gross profit Margin, %

92%91%90%

Operating expense total

$78.7 m$87.2 m$99.9 m

EBIT

$37.4 m$46.3 m$48.6 m$145.6 m

EBIT margin, %

33%38%38%79%

Pre tax profit

$37.4 m$48.6 m$62.8 m

Income tax expense

$10.1 m$8.7 m$10.1 m$12.5 m$15.2 m$16.2 m$21.3 m

Net Income

$25 m$31.1 m$32.5 m$41.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$102.7 m$109.3 m$118.5 m$175.8 m

Accounts Receivable

$8.6 m$8.9 m$9.2 m$12.6 m

Inventories

Goodwill

$110 m$110 m$110 m$135.7 m

Total Assets

$3.3 b$3.5 b$3.9 b$5.1 b

Accounts Payable

Retained Earnings

($8.5 m)($6.8 m)$13.1 m$38.6 m

Total Equity

$351.4 m$379.4 m$400.5 m$550 m

Financial Leverage

9.4 x9.3 x9.7 x9.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$25 m$31.1 m$32.5 m$41.5 m

Depreciation and Amortization

$3.6 m$3.5 m$3.4 m$4 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$50.7 m$45.6 m$40.8 m$50.1 m

Capital Expenditures

($2.8 m)($2.5 m)($4.8 m)

Cash From Investing Activities

($66.1 m)($220.6 m)($324.9 m)($442.8 m)

Dividends Paid

($219 k)($12.6 m)($16 m)

Interest Paid

$10.8 m$16.4 m

Income Taxes Paid

$16.7 m$21.7 m

Free Cash Flow

$53.5 m$48.1 m$45.6 m

Lakeland Bancorp Market Value History

Lakeland Bancorp Online Presence

Lakeland Bancorp News

Lakeland Bancorp Company Life

You may also be interested in