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.

West Milford, US
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 Data and Metrics

Lakeland Bancorp Financial Metrics

Lakeland Bancorp's revenue was reported to be $184.6 m in FY, 2016 which is a 45% increase from the previous period.

Revenue (FY, 2016)

184.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

167 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

41.5 m

EBIT (FY, 2016)

145.6 m

Market capitalization (19-Jul-2017)

890.2 m

Closing share price (19-Jul-2017)


Cash (31-Dec-2016)

175.8 m


819.2 m
Lakeland Bancorp's current market capitalization is $890.2 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


114.2 m122.5 m127.5 m184.6 m

Revenue growth, %


Cost of goods sold

9.7 m10.9 m17.6 m

Gross profit

104.5 m116.6 m167 m

Gross profit Margin, %


Operating expense total

78.7 m87.2 m99.9 m


37.4 m46.3 m48.6 m145.6 m

EBIT margin, %


Pre tax profit

37.4 m48.6 m62.8 m

Income tax expense

10.1 m8.7 m10.1 m12.5 m15.2 m16.2 m21.3 m

Net Income

25 m31.1 m32.5 m41.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


102.7 m109.3 m118.5 m175.8 m

Accounts Receivable

8.6 m8.9 m9.2 m20.5 m


110 m110 m110 m135.7 m

Total Assets

3.3 b3.5 b3.9 b5.1 b

Accounts Payable

4.1 b

Total Debt

104.8 m

Total Liabilities

4.5 b

Retained Earnings

(8.5 m)(6.8 m)13.1 m38.6 m

Total Equity

351.4 m379.4 m400.5 m550 m

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0 x

Financial Leverage

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

Net Income

25 m31.1 m32.5 m41.5 m

Depreciation and Amortization

3.6 m3.5 m3.4 m4 m

Cash From Operating Activities

50.7 m45.6 m40.8 m50.1 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)

Cash From Financing Activities

10.5 m181.5 m293.3 m450 m

Interest Paid

10.8 m16.4 m

Income Taxes Paid

16.7 m21.7 m

Free Cash Flow

53.5 m48.1 m45.6 m
USDY, 2016


5.6 x


16.4 x


335.1 k


0.2 x

Financial Leverage

9.3 x

Lakeland Bancorp Market Value History

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