Lakeland Bancorp, Inc.

LBAI

LBAILakeland Bancorp, Inc. US flag

NASDAQ Global Select

13.43

USD

+0.15

- -

875.02MMarket Cap

Income Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	113	119	116	114	123	130	135	165	189	194	220	232	255	338	304
+ Sales & Services Revenue	113	119	116	114	123	130	135	165	189	194	220	232	255	338	304
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	46	44	43	44	49	52	55	63	68	75	78	80	87	113	116
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-46	-44	-43	-44	-49	-52	-55	-63	-68	-75	-78	-80	-87	-113	-116
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	13	-29	-29	-32	-37	-46	-49	-63	-80	-80	-94	-75	-127	-144	-111
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	13	-29	-29	-32	-37	-46	-49	-63	-80	-80	-94	-75	-127	-144	-111
Pretax Income	-13	29	29	32	37	46	49	63	80	80	94	75	127	144	111
- Income Tax Expense (Benefit)	-8	10	9	10	12	15	16	21	27	17	23	17	32	37	26
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-5	19	20	22	25	31	32	42	53	63	71	58	95	107	85
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-5	19	20	22	25	31	32	42	53	63	71	58	95	107	85
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-5	19	20	22	25	31	32	42	53	63	71	58	95	107	85
- Preferred Dividends	3	4	2	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-9	15	18	21	25	31	32	42	53	63	71	58	95	107	85
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	4	4	3	3	4	4	4	5	5	6	5	8	8	17	12
EBITDA Margin (%)	3.86	3.46	3.01	2.68	3.18	3.02	2.84	2.84	2.75	3.17	2.46	3.25	3.24	4.97	3.87
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-4.77	16.14	17.18	19	20.31	23.97	24.14	25.1	27.88	32.74	32.06	24.74	37.32	31.77	27.89
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.3	0.24	0.23	0.21	0.23	0.29	0.33	0.37	0.4	0.45	0.49	0.5	0.54	0.58	0.59
Depreciation Expense	4	4	3	3	4	4	4	5	5	6	5	8	8	17	12
Basic Weighted Avg Shares	27	29	28	29	35	38	38	43	47	48	50	51	51	65	65
Basic EPS, GAAP	-0.31	0.52	0.63	0.73	0.72	0.82	0.86	0.97	1.11	1.33	1.4	1.14	1.88	1.66	1.3
Basic EPS from Cont Ops	-0.2	0.66	0.71	0.75	0.72	0.82	0.86	0.97	1.11	1.33	1.4	1.14	1.88	1.66	1.3
Diluted Weighted Avg Shares	27	29	28	29	35	38	38	43	48	48	51	51	51	65	65
Diluted EPS, GAAP	-0.31	0.52	0.63	0.73	0.72	0.82	0.85	0.96	1.1	1.33	1.4	1.14	1.87	1.65	1.3
Diluted EPS from Cont Ops	-0.2	0.66	0.71	0.75	0.72	0.82	0.85	0.96	1.1	1.33	1.4	1.14	1.87	1.65	1.3

Balance Sheet (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	59	49	536	501	534	567	561	783	771	847	1,038	1,126	998	1,290	1,267
+ Cash & Cash Equivalents	59	49	73	108	103	109	118	176	143	209	282	270	229	236	321
+ ST Investments	- -	- -	464	394	431	457	442	607	628	639	756	856	770	1,054	946
+ Accounts & Notes Receiv	9	9	8	8	9	9	9	13	14	16	17	19	19	33	38
+ Accounts Receivable, Net	9	9	8	8	9	9	9	13	14	16	17	19	19	33	38
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-68	-58	-545	-509	-542	-576	-570	-795	-785	-863	-1,055	-1,145	-1,018	-1,324	-1,304
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	29	28	28	33	37	36	36	52	50	49	66	65	61	75	69
+ Property, Plant & Equip	68	68	69	76	88	90	88	107	97	98	117	120	113	133	132
- Accumulated Depreciation	39	41	41	43	51	54	52	55	47	49	51	55	52	58	63
+ LT Investments & Receivables	457	554	535	491	533	565	559	754	786	808	896	961	1,612	1,995	1,800
+ LT Investments	457	554	535	491	533	565	559	754	786	808	896	961	1,612	1,995	1,800
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-487	-581	-563	-524	-570	-601	-595	-807	-836	-857	-962	-1,026	-1,673	-2,070	-1,869
+ Total Intangible Assets	89	88	87	87	112	112	112	139	139	138	161	160	159	281	279
+ Goodwill	87	87	87	87	110	110	110	136	136	136	156	156	156	272	272
+ Other Intangible Assets	2	1	- -	- -	2	2	2	3	2	2	4	3	2	9	7
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-575	-669	-650	-611	-682	-713	-706	-946	-975	-996	-1,123	-1,186	-1,832	-2,351	-2,148
Total Assets	2,724	2,793	2,826	2,919	3,318	3,538	3,870	5,093	5,406	5,806	6,711	7,664	8,198	10,784	11,139
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	223	272	232	77	110	174	253	366	277	286	304	161	221	241	537
+ LT Borrowings	223	272	232	77	110	174	253	366	277	286	284	143	204	219	520
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20	18	17	21	17
+ Other LT Liabilities	-223	-272	-232	-77	-110	-174	-253	-366	-277	-286	-304	-161	-221	-241	-537
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-223	-272	-232	-77	-110	-174	-253	-366	-277	-286	-304	-161	-221	-241	-537
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	2,456	2,532	2,566	2,638	2,966	3,159	3,469	4,543	4,823	5,182	5,986	6,901	7,371	9,675	9,969
+ Preferred Equity and Hybrid Capital	56	37	18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	260	272	540	304	365	385	386	511	513	515	560	562	566	855	859
+ Common Stock	- -	- -	270	304	365	385	386	511	513	515	560	562	566	855	859
+ Additional Paid in Capital	260	272	270	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	12	9	6	3	- -	- -	- -	- -	- -	- -	- -	1	1	1	1
+ Retained Earnings	-35	-38	-26	-24	-9	-7	13	39	73	117	163	191	259	329	376
+ Other Equity	-1	-2	3	4	-5	2	1	1	-2	-8	2	11	3	-75	-64
Equity Before Minority Interest	268	261	260	281	351	379	401	550	583	624	725	764	827	1,109	1,169
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	268	261	260	281	351	379	401	550	583	624	725	764	827	1,109	1,169
Total Liabilities & Equity	2,724	2,793	2,826	2,919	3,318	3,538	3,870	5,093	5,406	5,806	6,711	7,664	8,198	10,784	11,139
Shares Outstanding	28	29	28	31	38	38	38	47	47	47	50	50	51	65	65
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20	18	17	21	17
Net Debt	165	223	160	-31	8	64	135	190	134	78	2	-127	-24	-17	199
Net Debt to Equity	61.41	85.55	61.5	-11.04	2.14	16.98	33.62	34.52	22.98	12.43	0.23	-16.61	-2.96	-1.51	17.02
Tangible Common Equity Ratio	4.68	5.01	5.63	6.84	7.46	7.81	7.69	8.3	8.44	8.57	8.62	8.05	8.31	7.88	8.2
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-5	19	20	22	25	31	32	42	53	63	71	58	95	107	85
+ Depreciation & Amortization	4	4	3	3	4	4	4	5	5	6	5	8	8	17	12
+ Non-Cash Items	53	22	24	21	13	11	6	8	31	-3	9	23	-7	28	19
+ Stock-Based Compensation	- -	1	1	1	1	1	2	2	2	2	3	3	4	6	5
+ Deferred Income Taxes	-3	1	- -	1	- -	- -	-1	-1	17	-14	3	-7	5	3	-1
+ Asset Impairment Charge	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	54	20	23	19	12	10	5	7	12	9	4	28	-17	19	15
+ Chg in Non-Cash Work Cap	-29	11	3	3	8	- -	-2	-4	-21	12	2	-4	-1	-27	- -
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	-29	11	3	3	8	- -	-2	-4	-21	12	2	-4	-1	-27	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	23	56	50	49	51	46	41	50	67	79	87	85	95	125	116
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	53	- -	- -	1	- -	- -	1	- -	2	1	2	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	53	- -	- -	1	- -	- -	1	- -	2	1	2	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-2	-3	- -	- -	-2	-5	-4	-4	-6	-6	-8	-5	-6	-5
+ Acq of Fixed Prod Assets	-3	-2	-3	- -	- -	-2	-5	-4	-4	-6	-6	-8	-5	-6	-5
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	25	- -	- -	- -	48	-1	- -	- -	-1	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	25	- -	- -	- -	49	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	-1	- -	- -	- -
+ Net Change in LT Investment	-64	-98	13	42	-49	-26	3	-182	-37	-32	-54	-56	-672	-158	195
+ Dec in LT Investment	343	263	274	241	158	95	129	124	139	120	180	874	253	273	208
+ Inc in LT Investment	-407	-360	-261	-199	-207	-121	-127	-305	-176	-152	-234	-930	-925	-431	-13
+ Net Cash From Acq & Div	- -	- -	- -	- -	74	- -	- -	69	- -	- -	13	- -	- -	326	- -
+ Cash from Divestitures	- -	- -	- -	- -	74	- -	- -	69	- -	- -	13	- -	- -	326	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-88	-17	-44	-125	-92	-192	-324	-326	-315	-306	-259	-864	61	-814	-481
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-102	-115	-34	-83	-66	-221	-325	-443	-355	-343	-304	-928	-615	-652	-291
+ Dividends Paid	-8	-7	-6	-6	-8	-11	-13	-16	-19	-21	-25	-25	-27	-37	-38
+ Net Cash From Debt	-65	49	-40	-95	25	83	59	-3	-71	-11	-43	-145	59	- -	300
+ Cash From Debt	- -	90	140	280	50	168	117	88	306	60	46	25	148	- -	300
+ Repayments of Debt	-65	-41	-180	-375	-25	-85	-58	-92	-377	-71	-89	-170	-88	- -	- -
+ Other Financing Activities	161	8	54	145	-6	109	247	421	345	361	359	1,003	446	572	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	88	50	8	69	11	182	293	450	255	329	291	831	479	535	260
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	9	-9	23	35	-5	7	9	57	-33	66	74	-12	-42	7	85
EBITDA	4	4	3	3	4	4	4	5	5	6	5	8	8	17	12
EBITDA Margin (%)	3.86	3.46	3.01	2.68	3.18	3.02	2.84	2.84	2.75	3.17	2.46	3.25	3.24	4.97	3.87
Free Cash Flow	20	54	47	49	51	43	36	46	63	74	81	77	90	118	111
Net Cash Paid for Acquisitions	- -	- -	- -	- -	-74	- -	- -	-69	- -	- -	-13	- -	- -	-326	- -
Free Cash Flow to Firm	- -	54	47	49	51	43	36	46	63	74	81	77	90	118	111
Free Cash Flow to Equity	61	81	-14	-65	76	127	95	43	-6	64	40	-67	150	118	411
Free Cash Flow per Basic Share	0.71	1.87	1.67	1.68	1.46	1.14	0.95	1.07	1.34	1.55	1.61	1.53	1.78	1.83	1.7
Price/Free Cash Flow	3.83	3.17	2.79	4.04	5.8	6.78	7.44	12.16	10.25	6.8	7.96	6.11	8.76	8.18	7.81
Cash Flow to Net Income	-4.18	2.91	2.52	2.23	2.03	1.47	1.26	1.21	1.28	1.25	1.23	1.48	1	1.16	1.36
Capital Expenditures	-3	-2	-3	- -	- -	-2	-5	-4	-4	-6	-6	-8	-5	-6	-5