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 ROE is 7.44%. This represents a change of 304.77% compared to the average of 1.84% of the last 4 quarters.
The mean historical ROE of Lakeland Bancorp, Inc. over the last ten years is 8.87%. The current 7.44% ROE has changed -16.16% with respect to the historical average. Over the past ten years (40 quarters), LBAI's ROE was at its highest in in the June 2021 quarter at 3.44%. The ROE was at its lowest in in the March 2022 quarter at 1.46%.
Average
8.87%
Median
8.61%
Minimum
7.25%
Maximum
11.49%
Discovering the peaks and valleys of Lakeland Bancorp, Inc. ROE, 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 = 52.60%
Maximum Annual ROE = 11.49%
Minimum Annual Increase = -25.18%
Minimum Annual ROE = 7.25%
| Year | ROE | Change |
|---|---|---|
| 2023 | 7.25% | -25.18% |
| 2022 | 9.69% | -15.72% |
| 2021 | 11.49% | 52.60% |
| 2020 | 7.53% | -22.72% |
| 2019 | 9.74% | -4.14% |
| 2018 | 10.16% | 12.73% |
| 2017 | 9.02% | 19.46% |
| 2016 | 7.55% | -6.93% |
| 2015 | 8.11% | -1.15% |
| 2014 | 8.20% | 15.47% |
The current ROE 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
9.47%
5-year avg
9.14%
10-year avg
8.87%
Lakeland Bancorp, Inc.’s ROE is less than Origin Bancorp, Inc. (6.53%), less than PacWest Bancorp (10.66%), less than CrossFirst Bankshares, Inc. (10.13%), less than Brookline Bancorp, Inc. (4.74%), less than SVB Financial Group (10.37%), less than OceanFirst Financial Corp. (4.22%), less than The First Bancshares, Inc. (7.90%), less than Signature Bank (16.87%), less than Premier Financial Corp. (6.48%),
| Company | ROE | Market cap |
|---|---|---|
| 6.53% | $1.53B | |
| 10.66% | $904.52M | |
| 10.13% | $788.64M | |
| 4.74% | $975.70M | |
| 10.37% | $0 | |
| 4.22% | $1.04B | |
| 7.90% | $1.06B | |
| 16.87% | $37.32M | |
| 6.48% | $1.01B |
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How does the current ROE for Lakeland Bancorp, Inc. (LBAI) compare to its historical average?