Lakeland Bancorp

Lakeland Bancorp, Inc. is a bank holding company, which engages in the provision of lending, depository, and related financial services. Its consumer banking services include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, internet banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. The company was founded in March 1989 and is headquartered in Oak Ridge, NJ.

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Lakeland Bancorp, Inc. is a bank holding company, which engages in the provision of lending, depository, and related financial services. Its consumer banking services include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, internet banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. The company was founded in March 1969 and is headquartered in Oak Ridge, NJ.

OAK RIDGE, N.J., April 19, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland 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%.

Lakeland Bancorp Announces First Quarter Results

OAK RIDGE, N.J., April 10, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the first quarter ended March 31, 2024, on Friday, April 19, 2024, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the first quarter 2024 results.

Lakeland Bancorp Announces Date for First Quarter Earnings

Provident Financial Services

Provident (PFS) and Lakeland (LBAI) receive conditional approval for their merger deal. Now, the companies are waiting for consent from the Fed and expect the merger to close by Jun 30, 2024.

Provident (PFS) & Lakeland (LBAI) Get Conditional Nod for Merger

ISELIN, N.J. and OAK RIDGE, N.J., March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance for Provident and Lakeland to complete their previously announced merger. With these approvals, the only pending regulatory approval required to complete the merger is the approval of the Board of Governors of the Federal Reserve System.

Provident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.

OAK RIDGE, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $20.1 million and earnings per diluted share ("EPS") of $0.30 for the three months ended December 31, 2023, compared to net income of $33.6 million and diluted EPS of $0.51 for the fourth quarter of 2022. For the fourth quarter of 2023, annualized return on average assets was 0.73%, annualized return on average common equity was 6.97% and annualized return on average tangible common equity was 9.23%.

Lakeland Bancorp Announces Quarterly and Year-End 2023 Earnings

OAK RIDGE, N.J., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the fourth quarter ended December 31, 2023, on Thursday, January 25, 2024, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the fourth quarter 2023 results.

Lakeland Bancorp Announces Date for Fourth Quarter Earnings

Provident (PFS) and Lakeland (LBAI) announce the extension of their merger agreement to the end of first-quarter 2024, which was initially expected to close in second-quarter 2023.

Provident (PFS) & Lakeland (LBAI) Extend Merger Agreement

OAK RIDGE, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank, today announced that the Company's 2023 Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually on Thursday, December 28, 2023, at 8:00 a.m. The agenda of the Annual Meeting includes proposals to: elect four directors, approve, on an advisory basis, the executive compensation of the Company's Named Executive Officers, and to ratify the Company's appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ended December 31, 2023.

Lakeland Bancorp, Inc. Announces Date For 2023 Annual Meeting of Shareholders

OAK RIDGE, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $22.2 million and earnings per diluted share ("EPS") of $0.34 for the three months ended September 30, 2023 compared to net income of $28.7 million and diluted EPS of $0.44 for the three months ended September 30, 2022. For the third quarter of 2023, annualized return on average assets was 0.81%, annualized return on average common equity was 7.76% and annualized return on average tangible common equity was 10.29%.

Lakeland Bancorp Announces Third Quarter Results

OAK RIDGE, N.J., Oct. 13, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the third quarter ended September 30, 2023, on Thursday, October 26, 2023, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the third quarter 2023 results.

Lakeland Bancorp Announces Date for Third Quarter Earnings

Lakeland Bancorp has not been seeing the rise in the bottom line as I would have liked following rising interest rates. The company has, on some fronts, done a solid job like raising the loans steadily over the last several years. The dividend yield is appealing enough that it makes sense to have a hold still for the company.

Lakeland Bancorp: Not Capitalizing On Rising Interest Rates Efficiently

Lakeland Bancorp (LBAI) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.44 per share a year ago.

Lakeland Bancorp (LBAI) Lags Q2 Earnings and Revenue Estimates

OAK RIDGE, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $22.6 million and earnings per diluted share ("EPS") of $0.34 for the three months ended June 30, 2023 compared to net income of $29.1 million and diluted EPS of $0.44 for the three months ended June 30, 2022.

Lakeland Bancorp Announces Second Quarter Results

Lakeland Bancorp (LBAI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Lakeland Bancorp (LBAI) to Report a Decline in Earnings: What to Look Out for

OAK RIDGE, N.J., July 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”) announced that it expects to report earnings for the second quarter ended June 30, 2023, on Thursday, July 27, 2023, at approximately 8:00 a.m. ET. A copy of the earnings release will be immediately available on its website. The Company will not be hosting an earnings conference call to review the second quarter 2023 results.

Lakeland Bancorp Announces Date for Second Quarter Earnings

Lakeland Bancorp (LBAI) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.30 per share a year ago.

Lakeland Bancorp (LBAI) Q1 Earnings and Revenues Lag Estimates

Lakeland Bancorp (LBAI) Reports Next Week: Wall Street Expects Earnings Growth

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ISELIN, N.J. and OAK RIDGE, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident.

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

Lakeland Bancorp (LBAI) delivered earnings and revenue surprises of 1.96% and 1.60%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Bancorp (LBAI) Q4 Earnings Top Estimates

OAK RIDGE, N.J., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $33.6 million and earnings per diluted share ("EPS") of $0.51 for the three months ended December 31, 2022, compared to net income of $22.2 million and diluted EPS of $0.43 for the fourth quarter of 2021. For the fourth quarter of 2022, annualized return on average assets was 1.26%, annualized return on average common equity was 12.19% and annualized return on average tangible common equity was 16.42%.

Lakeland Bancorp Announces Record Quarterly and Year-End 2022 Earnings

Lakeland Bancorp, Inc. had a solid performance this year. Its impressive liquidity position is one of its cornerstones.

Lakeland Bancorp: Surging With Growth And Stability

Brigham Minerals

NEW YORK , Dec. 6, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Brigham Minerals, Inc. (NYSE: MNRL)'s  merger with Sitio Royalties Corp. Under the terms of the merger agreement, Brigham shareholders will receive a fixed exchange ratio of 1.133 shares of common stock in the combined company for each share of Brigham common stock owned on the closing date. Upon completion of the transaction, Brigham shareholders will own approximately 46.0% of the combined entity on a fully diluted basis.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNRL, PFS, LBAI

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Lakeland Bancorp, Inc. (NasdaqGS: LBAI) to Provident Financial Services, Inc. (NYSE: PFS). Under the terms of the proposed transaction, shareholders of Lakeland will receive 0.8319 shares of Provident for each share of Lakeland that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

LAKELAND BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lakeland Bancorp, Inc. - LBAI

NEW YORK , Nov. 28, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Lakeland Bancorp, Inc. (LBAI), relating to its proposed merger with Provident Financial Services, Inc. Under the terms of the merger, LBAI shareholders will receive 0.8319 shares of Provident per share they own. Click here for more information: https://www.monteverdelaw.com/case/lakeland-bancorp-inc.

INVESTOR ALERT: The M&A Class Action Firm Announces the Investigation of Lakeland Bancorp, Inc. - LBAI

News for Lakeland Bancorp Stock (LBAI)