- US-listed companies
- LAKELAND BANCORP INC
LAKELAND BANCORP INCLBAI
Market cap
$873.43M
P/E ratio
10.3x
Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
Loans and fees | 105 | 101 | 104 | 111 | 115 | 150 | 172 | 193 | 234 | 229 | 237 | 325 | 432 |
Interest Income, Federal Funds Sold | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 0 | 0 | 1 | 5 |
Taxable investment securities and other | 11 | 9 | 8 | 10 | 11 | 11 | 15 | 17 | 20 | 18 | 17 | 35 | 47 |
Tax-exempt investment securities | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 6 |
Total Interest Income | 118 | 111 | 114 | 123 | 128 | 163 | 190 | 213 | 256 | 249 | 257 | 368 | 491 |
Total | 11 | 8 | 6 | 5 | 6 | 11 | 17 | 31 | 49 | 32 | 17 | 44 | 163 |
Federal funds purchased and securities sold under agreements to repurchase | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 4 | 34 |
Other borrowings | 9 | 7 | 4 | 4 | 5 | 7 | 8 | 8 | 10 | 9 | 6 | 7 | 13 |
Total Interest Expense | 20 | 15 | 10 | 9 | 11 | 18 | 25 | 40 | 60 | 41 | 22 | 55 | 209 |
Net Interest Income | 97 | 96 | 105 | 114 | 117 | 146 | 165 | 174 | 196 | 208 | 235 | 313 | 282 |
Provision (benefit) for credit losses | - | - | - | - | - | - | - | - | - | 27 | -11 | 9 | 13 |
Net Interest Income after Provision (Benefit) for Credit Losses | 79 | 81 | 95 | 108 | 115 | 141 | 159 | 169 | 194 | 180 | 246 | 304 | 269 |
Service charges on deposit accounts | - | - | - | - | - | - | - | - | - | 9 | 10 | 11 | 10 |
Commissions and fees | - | - | - | - | - | - | - | - | 6 | 6 | 7 | 9 | 7 |
Bank Owned Life Insurance Income | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 3 | 3 | 4 | 4 |
Gain (loss) on equity securities | - | - | - | - | - | - | - | - | 0 | -1 | -0 | -1 | 0 |
Gains on sales of loans | - | - | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 3 | 2 | 3 | 2 |
Debt Securities, Realized Gain (Loss) | - | - | - | - | - | - | - | - | - | 1 | 0 | - | - |
Swap income | - | - | - | - | - | - | - | - | 3 | 5 | 1 | 2 | 2 |
Other income | 1 | 1 | 2 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 0 | 1 | 1 |
Total Noninterest Income | 18 | 19 | 21 | 18 | 21 | 21 | 25 | 22 | 27 | 27 | 22 | 28 | 25 |
Labor and Related Expense | 37 | 39 | 42 | 45 | 49 | 56 | 61 | 69 | 77 | 80 | 83 | 108 | 109 |
Premises and equipment | - | - | - | - | - | - | - | - | - | - | 25 | 31 | 31 |
FDIC insurance expense | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 2 | 2 | 3 | 5 |
Data processing expense | - | - | - | - | 2 | 2 | 2 | 4 | 5 | 5 | 5 | 6 | 8 |
Merger-related expenses | - | - | - | - | - | - | - | - | - | - | 2 | 9 | 1 |
Other operating expenses | 9 | 9 | 12 | 11 | 9 | 10 | 10 | 11 | 12 | 11 | 24 | 32 | 29 |
Total Noninterest Expense | 68 | 68 | 79 | 79 | 87 | 100 | 105 | 111 | 127 | 133 | 141 | 188 | 183 |
Income before provision for income taxes | 29 | 32 | 37 | 46 | 49 | 63 | 80 | 80 | - | 75 | 127 | 144 | 111 |
Provision for income taxes | 9 | 10 | 12 | 15 | 16 | 21 | 27 | 17 | 23 | 17 | 32 | 37 | 26 |
Net Income | 20 | 22 | 25 | 31 | 32 | 42 | 53 | 63 | 71 | 58 | 95 | 107 | 85 |
Earnings Per Share, Basic | 0.69 | 0.76 | 0.75 | 0.82 | 0.85 | 0.96 | 1.1 | 1.32 | 1.39 | 1.13 | 1.85 | 1.64 | 1.29 |
Earnings Per Share, Diluted | 0.69 | 0.76 | 0.75 | 0.82 | 0.85 | 0.95 | 1.09 | 1.32 | 1.38 | 1.13 | 1.85 | 1.63 | 1.29 |
Cash dividends paid (usd per share) | 0.24 | 0.25 | 0.29 | 0.29 | 0.33 | 0.37 | 0.4 | 0.45 | 0.49 | 0.5 | 0.53 | 0.57 | 0.58 |