LBAI
Price:
$13.43
Market Cap:
$875.02M
Lakeland Bancorp, Inc. serves as the parent company for Lakeland Bank, offering a comprehensive array of financial products and services tailored for individual customers and small to medium-sized businesses. The bank provides diverse commercial banking solutions, including various deposit options such as demand deposits, savings accounts, money market accounts, and time deposits. Its lending portfolio for businesses is extensive, covering commercial real estate loans, industrial and commercial financing, short and medium-term credit, lines of credit, letters of credit, and specialized funding like inventory and accounts receivable financing, real estate construction loans, and Small Busines...[Read more]
Industry
Banks - Regional
IPO Date
1999-01-04
Stock Exchange
NASDAQ
Ticker
LBAI
According to Lakeland Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -99.43% compared to the average of 33.69 of the last 4 quarters.
The mean historical Current Ratio of Lakeland Bancorp, Inc. over the last ten years is 19.87. The current 0.19 Current Ratio has changed -3.34% with respect to the historical average. Over the past ten years (40 quarters), LBAI's Current Ratio was at its highest in in the September 2021 quarter at 416.84. The Current Ratio was at its lowest in in the June 2014 quarter at 0.
Average
19.87
Median
3.82
Minimum
0
Maximum
62.98
Discovering the peaks and valleys of Lakeland Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 62.98
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.19 | -99.69% |
| 2022 | 61.71 | 0.19% |
| 2021 | 61.59 | -2.20% |
| 2020 | 62.98 | 8.93% |
| 2019 | 0.70 | -82.24% |
| 2018 | 3.93 | 1.38% |
| 2017 | 3.87 | 2.67% |
| 2016 | 3.77 | Infinity% |
| 2015 | 0 | 0% |
| 2014 | 0 | 0% |
The current Current Ratio of Lakeland Bancorp, Inc. (LBAI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
41.17
5-year avg
37.43
10-year avg
19.87
Lakeland Bancorp, Inc.’s Current Ratio is greater than Origin Bancorp, Inc. (0), less than PacWest Bancorp (2.27), greater than CrossFirst Bankshares, Inc. (0.09), greater than Brookline Bancorp, Inc. (0.06), less than SVB Financial Group (3.07), less than OceanFirst Financial Corp. (2.77), greater than The First Bancshares, Inc. (0.12), less than Signature Bank (0.28), greater than Premier Financial Corp. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $1.53B | |
| 2.27 | $904.52M | |
| 0.09 | $788.64M | |
| 0.06 | $975.70M | |
| 3.07 | $0 | |
| 2.77 | $1.04B | |
| 0.12 | $1.06B | |
| 0.28 | $37.32M | |
| 0 | $1.01B |
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What is the Current Ratio?
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What is Lakeland Bancorp, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Lakeland Bancorp, Inc. (LBAI)?
What is the 5-year average Current Ratio for Lakeland Bancorp, Inc. (LBAI)?
How does the current Current Ratio for Lakeland Bancorp, Inc. (LBAI) compare to its historical average?