Company Quick10K Filing
Lakeland Bancorp
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 51 $803
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-03-15 Annual: 2016-12-31
10-Q 2016-11-08 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-12 Quarter: 2014-03-31
10-K 2014-04-28 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-03-15 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-03-15 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2020-01-15 Officers, Exhibits
8-K 2019-10-24 Other Events, Exhibits
8-K 2019-10-22 Earnings, Other Events, Exhibits
8-K 2019-07-26 Earnings, Other Events, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-29 Earnings, Other Events, Exhibits
8-K 2019-01-28 Earnings, Other Events, Exhibits
8-K 2019-01-04 Other Events, Exhibits
8-K 2018-12-13 Other Events, Exhibits
8-K 2018-11-26 Other Events, Exhibits
8-K 2018-10-25 Earnings, Other Events, Exhibits
8-K 2018-08-23 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-07-26 Earnings, Other Events, Exhibits
8-K 2018-06-20 Officers, Exhibits
8-K 2018-05-09 Shareholder Rights, Officers, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-04-25 Earnings, Other Events, Exhibits
8-K 2018-01-26 Earnings, Other Events, Exhibits

Lakeland Bancorp Financials

LBAI Metrics, Comps, Filings

Annual | Quarterly

Business

Lakeland Bancorp, Inc. (the "Company" or "Lakeland Bancorp") 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" or the "Bank" or "Lakeland Bank"). The Bank operates 54 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and also including one branch in Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and one in New York to serve the Hudson Valley region. Lakeland also has a commercial loan production office serving Middlesex and Monmouth counties in New Jersey. Lakeland offers an extensive suite of financial products and services for businesses and consumers.

The Company has shown substantial growth through a combination of organic growth and acquisitions. Since 1998, the Company has acquired eight community banks with an aggregate asset total of approximately $2.3 billion, including its most recent acquisition of Highlands State Bank and its parent, Highlands Bancorp, Inc. ("Highlands Bancorp"), which closed on January 4, 2019. All of the acquired banks have been merged into Lakeland and the acquired holding companies, if applicable, have been merged into the Company.

At December 31, 2018, Lakeland Bancorp had total consolidated assets of $5.8 billion, total consolidated deposits of $4.6 billion, total consolidated loans, net of the allowance for loan and lease losses, of $4.4 billion and total consolidated stockholders' equity of $623.7 million. Following the closing of Lakeland Bancorp's acquisition of Highlands Bancorp and its subsidiary, Highlands State Bank, on January 4, 2019, Lakeland Bancorp's total assets approximated $6.3 billion.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Washington Trust Bancorp (WASH) 878 0% 4.9 1% 5,190 4,705 198 0 69 154 759
Great Southern Bancorp (GSBC) 845 6.3 2% 4,872 4,299 0 0 76 106 664
Central Pacific Financial (CPF) 838 0% 7.9 1% 5,920 5,404 25 0 61 106 841
Stock Yards Bancorp (SYBT) 825 0% 23.6 0% 3,464 3,074 11 0 0 30 709
Fidelity Southern (LION) 820 0% 8.2 1% 4,790 4,331 18 0 38 90 738
Lakeland Bancorp (LBAI) 803 3.6 1% 6,407 5,709 0 0 65 156 556
Origin Bancorp (OBNK) 795 5.4 1% 5,120 4,535 0 0 52 110 596
Carolina Financial (CARO) 786 0% 6.9 2% 3,888 3,282 4 0 60 111 765
ConnectOne Bancorp (CNOB) 784 7.4 1% 6,109 5,410 0 0 69 163 1,197
HomeStreet (HMST) 782 6.5 0% 7,201 6,477 0 0 20 125 808
Community Trust Bancorp (CTBI) 756 4.0 1% 4,377 3,783 0 0 65 109 434
Triumph Bancorp (TBK) 755 3.8 1% 4,783 4,140 0 0 55 142 546
Bryn Mawr Bank (BMTC) 749 5.8 1% 4,737 4,146 0 0 60 118 686
Univest of Pennsylvania (UVSP) 748 6.9 1% 5,154 4,503 0 0 66 121 834
German American Bancorp (GABC) 744 7.5 1% 3,971 3,471 0 0 54 99 744
National Commerce (NCOM) 740 6.4 1% 4,205 3,508 0 0 45 82 523
Trustco Bank N Y (TRST) 732 1.6 1% 5,228 4,712 0 0 60 108 172
Oritani Financial (ORIT) 731 0% 9.9 1% 4,071 3,541 2 0 52 124 1,227
Horizon Bancorp (HBNC) 729 5.7 1% 5,099 4,472 0 0 54 112 634
Byline Bancorp (BY) 726 5.0 1% 5,391 4,674 0 0 57 128 637

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash7310710311412143209
Accounts Receivable
Inventory
PP&E2833883636525049
Assets2,8263333934214326575,4065,806
Accounts Payable
Long-Term Debt
Liabilities2,5662,6382,9663,1593,4694,5434,8235,182
Stockholders' Equity260281351379401550583624
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue3223172521
Cost of Revenue
Gross Profit
R&D
SG&A22222221
Tax9-2121517222717
Net Income2022253132425363
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating5026184626506779
Cash Investing-341-6-221-1-130-355-343
Cash Financing8-28-15-11-21106255329