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Lakeland Bancorp, Inc. LBAI NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score
75/100
5/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$20.00
+48.9%

Lakeland Bancorp, Inc. (LBAI) is a publicly traded company in the Financial Services sector, operating within the Banks - Regional industry. The company is headquartered in Oak Ridge, NJ, United States. The current CEO is Thomas J. Shara Jr..

LBAI has IPO date of 1999-01-04, 826 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $875.02M.

About Lakeland Bancorp, Inc.

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. The company provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. It is also involved in 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 (SBA) loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services, which include 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 for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. As of December 31, 2021, it operated 48 branch offices located throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and in Highland Mills, New York; operated six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck and Waldwick; and one New York commercial lending center to serve the Hudson Valley region. The company was incorporated in 1969 and is headquartered in Oak Ridge, New Jersey.

📍 250 Oak Ridge Road, Oak Ridge, NJ 07438 📞 973 697 2000
Company Details
SectorFinancial Services
IndustryBanks - Regional
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date1999-01-04
CEOThomas J. Shara Jr.
Employees826
Trading Info
Current Price$13.43
Market Cap$875.02M
52-Week Range13.09-13.52
Beta0.82
ETFNo
ADRNo
CUSIP511637100
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