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Lakeland Bancorp Inc (LBAI.OQ)

LBAI.OQ on NASDAQ Stock Exchange Global Select Market

20.00USD
15 Dec 2017
Change (% chg)

$0.40 (+2.04%)
Prev Close
$19.60
Open
$19.65
Day's High
$20.38
Day's Low
$19.65
Volume
259,018
Avg. Vol
36,707
52-wk High
$21.90
52-wk Low
$17.15

Latest Key Developments (Source: Significant Developments)

Lakeland Bancorp reports Q3 earnings per share $0.29
Thursday, 26 Oct 2017 08:00am EDT 

Oct 26 (Reuters) - Lakeland Bancorp Inc :Lakeland Bancorp announces strong 3rd quarter earnings.Q3 earnings per share $0.29.Q3 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Lakeland Bancorp Inc - ‍Net interest income for Q3 of 2017 was $42.1 million, compared to $38.5 million for same period in 2016​.Qtrly tangible book value per share rose to $9.25 at september 30, 2017, a 14.6% increase from $8.07 at September 30, 2016‍​.  Full Article

Lakeland Bancorp increases earnings by 17 pct
Thursday, 20 Jul 2017 08:00am EDT 

July 20 (Reuters) - Lakeland Bancorp Inc ::Lakeland Bancorp increases earnings by 17pct.Quarterly earnings per share $0.28.Sets quarterly cash dividend of $0.10per share.Lakeland Bancorp Inc - net interest income for Q2 of 2017 was $41.4 million, compared to $35.1 million for same period in 2016.Lakeland Bancorp Inc - tangible book value per share increased to $9.05 at June 30, 2017, an annualized increase of 9.5pct for quarter.Lakeland Bancorp Inc qtrly net interest margin was 3.41pct compared to 3.33pct in prior quarter.Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.  Full Article

Lakeland Bancorp reports qtrly EPS $0.26
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Lakeland Bancorp Inc :Lakeland Bancorp grows core eps by 18 pct and increases dividend.Quarterly earnings per share $0.26.Net interest income for Q1 of 2017 was $39.3 million, as compared to $33.9 million for same period in 2016.Book value per common share was $11.78 compared to $11.65 at December 31, 2016.Increased its quarterly cash dividend 5.3 pct to $0.10 per share.  Full Article

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