Lakeland Bancorp Announces First Quarter Results [Yahoo! Finance]
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: Yahoo! Finance
Bank (“Lakeland”), reported net income of $19.8 million and earnings per diluted share ("EPS") of $0.30 for the three months ended March 31, 2024 compared to net income of $19.8 million and diluted EPS of $0.30 for the three months ended March 31, 2023. For the first quarter of 2024, annualized return on average assets was 0.73%, annualized return on average common equity was 6.79% and annualized return on average tangible common equity (non-GAAP) was 8.91%. Thomas Shara, Lakeland Bancorp's President and CEO commented on the quarterly financial results, "Despite the uncertain economic environment, we are pleased with our results and our continued outstanding asset quality. I want to thank all of the Lakeland associates for their continued incredible contributions and unwavering customer support." Regarding the announced merger with Provident Financial Services, Inc. ("Provident"), Mr. Shara continued, "We are delighted that all regulatory approvals required for the merger have bee
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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 ResultsGlobeNewswire
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Lakeland Bancorp Announces Date for First Quarter EarningsGlobeNewswire
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