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Ticker
LBAI

Price
-
Stock movement up
+0.15 (1.13%)
Company name
Lakeland Bancorp Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
875.02M
Ent value
10.45B
Price/Sales
2.07
Price/Book
0.74
Div yield
4.32%
Div growth
5.44%
Growth years
10
FCF payout
38.84%
Trailing P/E
10.33
Forward P/E
8.39
PEG
1.15
EPS growth
-0.43%
1 year return
7.78%
3 year return
-10.43%
5 year return
-3.74%
10 year return
2.67%
Last updated: 2024-12-16

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.58
Dividend yield4.32%
Payout frequencyQuarterly
Maximum yield5.75%
Average yield3.71%
Minimum yield2.64%
Discount to avg yield14.04%
Upside potential16.33%
Yield as % of max yield75.15%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield4.32%
Current yield distribution25.95%
Yield at 100% (Min)2.64%
Yield at 90%2.95%
Yield at 80%3.04%
Yield at 50% (Median)3.51%
Yield at 20%4.53%
Yield at 10%4.74%
Yield at 0% (Max)5.75%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share0.58
Payout frequencyQuarterly
Ex-div date26 Apr 2024
EPS (TTM)1.30
EPS (1y forward)1.60
EPS growth (5y)-0.43%
EPS growth (5y forward)9.00%

Dividend growth

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Dividend growth data
LBAIS&P500
DGR MR7.41%-13.74%
DGR TTM-6.60%
DGR 3 years5.07%5.24%
DGR 5 years5.44%5.40%
DGR 10 years7.89%7.07%
DGR 15 years3.51%6.12%
Time since last change announced1085 days
EPS growth (5y)-0.43%
EPS growth (5y forward)9.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM44.96%38.84%
Average38.66%28.60%
Forward36.25%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E10.33
Price to OCF8.58
Price to FCF8.92
Price to EBITDA14.60
EV to EBITDA174.38

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.07
Price to Book0.74
EV to Sales24.78

FINANCIALS

Per share

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Per share data
Current share count65.15M
EPS (TTM)1.30
FCF per share (TTM)1.50

Income statement

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Income statement data
Revenue (TTM)421.81M
Gross profit (TTM)358.49M
Operating income (TTM)210.46M
Net income (TTM)84.73M
EPS (TTM)1.30
EPS (1y forward)1.60

Margins

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Margins data
Gross margin (TTM)84.99%
Operating margin (TTM)49.89%
Profit margin (TTM)20.09%

Balance Sheet

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Balance Sheet data
Cash207.62M
Net receivables37.97M
Total current assets245.59M
Goodwill271.83M
Intangible assets6.62M
Property, plant and equipment66.79M
Total assets10.96B
Accounts payable0.00
Short/Current long term debt1.14B
Total current liabilities8.37B
Total liabilities9.79B
Shareholder's equity1.18B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)101.96M
Capital expenditures (TTM)3.88M
Free cash flow (TTM)98.08M
Dividends paid (TTM)38.09M

Financial returns

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Financial returns data
Return on Equity7.18%
Return on Assets0.77%
Return on Invested Capital3.63%
Cash Return on Invested Capital4.21%

STOCK INFORMATION

Downside potential

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Downside potential data
LBAIS&P500
Current price drop from All-time high-37.97%-
Highest price drop-68.44%-56.47%
Date of highest drop9 Mar 20099 Mar 2009
Avg drop from high-27.97%-11.07%
Avg time to new high105 days12 days
Max time to new high3619 days1805 days
COMPANY DETAILS
LBAI (Lakeland Bancorp Inc) company logo
Marketcap
875.02M
Marketcap category
Small-cap
Description
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company also offers lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, small business administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services to the business community and municipal relationships; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services comprising checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services; life insurance products; and non-deposit products, such as securities brokerage services, including mutual funds, variable annuities, and insurance. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.
Employees
826
Investor relations
SEC filings
CEO
Thomas Shara
Country
USA
City
Oak Ridge
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
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