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Lakeland Bancorp Inc (LBAI.OQ)

LBAI.OQ on NASDAQ Stock Exchange Global Select Market

18.95USD
4:00pm EDT
Change (% chg)

$-0.25 (-1.30%)
Prev Close
$19.20
Open
$19.25
Day's High
$19.25
Day's Low
$18.90
Volume
23,375
Avg. Vol
51,048
52-wk High
$20.85
52-wk Low
$10.10

Latest Key Developments (Source: Significant Developments)

Lakeland Bancorp reports Q2 earnings per share $0.24, closes Harmony acquisition
Friday, 22 Jul 2016 09:25am EDT 

Lakeland Bancorp Inc : Lakeland Bancorp reports strong earnings and closes Harmony acquisition . Q2 earnings per share $0.26 excluding items . Q2 earnings per share $0.24 . Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S .Lakeland Bancorp Inc says net interest income for Q2 of 2016 was $35.1 million, as compared to $28.7 million for same period in 2015.  Full Article

Harmony Bank shareholders approve merger with Lakeland Bank
Wednesday, 22 Jun 2016 11:43am EDT 

Lakeland Bancorp Inc : Harmony Bank shareholders approve merger with Lakeland Bank; parties announce anticipated closing date .Says parties also announced that they intend to close merger on or about July 1, 2016.  Full Article

FDIC approves merger of Harmony Bank into Lakeland Bank
Thursday, 19 May 2016 01:47pm EDT 

Lakeland Bancorp Inc : FDIC approves merger of Harmony Bank into Lakeland Bank .Proposed merger subject to approval of Harmony Bank's shareholders, and to certain other conditions.  Full Article

Lakeland Bancorp to acquire harmony bank
Thursday, 18 Feb 2016 08:58am EST 

Lakeland Bancorp inc:To acquire harmony bank.Transaction is valued at approximately $32.0 million.Transaction is valued at 12.79 per share.Transaction is expected to be approximately 1% accretive to Lakeland bancorp's earnings per share in 2017.Merger agreement provides shareholders of harmony bank will receive 1.25 shares of Lakeland Bancorp for each share of harmony bank.Transaction is expected to be approximately 0.5% dilutive to tangible book value with an estimated earnback in approximately 3.5 years.  Full Article

Lakeland Bancorp Announces Closing of Acquisition of Pascack Bancorp
Thursday, 7 Jan 2016 02:00pm EST 

Lakeland Bancorp, Inc:Says that its acquisition by merger of Pascack Bancorp, Inc., the parent company of Pascack Community Bank, closed today upon the filing of a Certificate of Merger with the New Jersey Department of Treasury.Shortly after the merger of the holding companies, Pascack Community Bank merged with and into Lakeland Bank.  Full Article

Lakeland Bancorp, Inc to acquire Pascack Bancorp
Tuesday, 4 Aug 2015 08:41am EDT 

Lakeland Bancorp, Inc:To acquire Pascack Bancorp.Says transaction is expected to be approximately 4.5% accretive to Lakeland bancorp's earnings per share in 2016.Says the transaction is valued at approximately $43.8 million on a fully diluted basis, or $11.35 per share.Says Lakeland Bancorp expects to issue aggregate of approximately 3.3 million shares of its common stock in merger.Says boards of directors of both companies have unanimously approved the mergers.Expects to issue about 3.3 million shares of its common stock in merger, and will cash out outstanding Pascack Bancorp options.Says 90% of the aggregate merger consideration will be shares of Lakeland Bancorp common stock and 10% will be cash.Transaction is expected to be 2.7% dilutive to tangible book value with an estimated earn back in approximately 3.5 years.  Full Article

Lakeland Bancorp reports 16 pct increase in net income and raises cash dividend
Thursday, 23 Apr 2015 09:02am EDT 

Lakeland Bancorp Inc:Declares a quarterly cash dividend of $0.085 per common share.Payable on May 15 to holders of record as of the close of business on May 4.  Full Article

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