Lakeland Bancorp Announces Closing of $150 Million Subordinated Debt Offering
Lakeland Bancorp, Inc. (LBAI)
Last lakeland bancorp, inc. earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
lakelandbank.com/about/investor-relations
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Source: GlobeNewswire
OAK RIDGE, N.J., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (“Lakeland” or the “Company”), the holding company for Lakeland Bank, today announced the closing of its underwritten public offering of $150 million aggregate principal amount of its 2.875% Fixed-to-Floating Rate subordinated notes (the “Notes”) due 2031. The Company plans to use the net proceeds from the Notes offering for general corporate purposes, which may include refinancing activities, including redeeming of all or a portion of the outstanding principal amount of its outstanding subordinated notes. Keefe, Bruyette & Woods, Inc., A Stifel Company, and Piper Sandler & Co. acted as joint book-running managers. Luse Gorman, PC acted as legal counsel to Lakeland and Hogan Lovells US LLP acted as legal counsel to the underwriters. About Lakeland Bancorp, Inc. Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which had $7.85 billion in total assets at Jun
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LBAI
News
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $16.65 to $14.15. They now have a "market perform" rating on the stock.MarketBeat
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Lakeland Bancorp Announces First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Lakeland Bancorp Announces First Quarter ResultsGlobeNewswire
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
LBAI
Earnings
- 4/19/24 - Beat
LBAI
Sec Filings
- 4/26/24 - Form 10-Q
- 4/19/24 - Form 8-K
- 4/12/24 - Form 8-K
- LBAI's page on the SEC website