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 PE Ratio is 10.41. This represents a change of 2.24% compared to the average of 10.18 of the last 4 quarters.
The mean historical PE Ratio of Lakeland Bancorp, Inc. over the last ten years is 13.22. The current 10.41 PE Ratio has changed 7.78% with respect to the historical average. Over the past ten years (40 quarters), LBAI's PE Ratio was at its highest in in the March 2017 quarter at 18.85. The PE Ratio was at its lowest in in the June 2021 quarter at 8.07.
Average
13.22
Median
11.88
Minimum
10.12
Maximum
20.15
Discovering the peaks and valleys of Lakeland Bancorp, Inc. PE 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 = 46.72%
Maximum Annual PE Ratio = 20.15
Minimum Annual Increase = -36.02%
Minimum Annual PE Ratio = 10.12
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 11.35 | 7.10% |
| 2022 | 10.60 | 4.79% |
| 2021 | 10.12 | -9.36% |
| 2020 | 11.16 | -10.10% |
| 2019 | 12.41 | 11.71% |
| 2018 | 11.11 | -36.02% |
| 2017 | 17.37 | -13.83% |
| 2016 | 20.15 | 46.72% |
| 2015 | 13.74 | -3.18% |
| 2014 | 14.19 | -13.44% |
The current PE 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
10.69
5-year avg
11.13
10-year avg
13.22
Lakeland Bancorp, Inc.’s PE Ratio is less than Origin Bancorp, Inc. (18.98), greater than PacWest Bancorp (2.09), less than CrossFirst Bankshares, Inc. (11.75), less than Brookline Bancorp, Inc. (16.63), greater than SVB Financial Group (3.74), less than OceanFirst Financial Corp. (15.41), less than The First Bancshares, Inc. (13.81), greater than Signature Bank (0.02), less than Premier Financial Corp. (15.62),
| Company | PE Ratio | Market cap |
|---|---|---|
| 18.98 | $1.53B | |
| 2.09 | $904.52M | |
| 11.75 | $788.64M | |
| 16.63 | $975.70M | |
| 3.74 | $0 | |
| 15.41 | $1.04B | |
| 13.81 | $1.06B | |
| 0.02 | $37.32M | |
| 15.62 | $1.01B |
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