Lakeland Bancorp Inc. (LBAI)
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Bullish Probability | Sentiment | Score |
---|---|---|
+80% | Strong Buy | 10 |
+75% | Buy | 9 |
+70% | Buy | 8 |
+60% | Buy | 7 |
+50% | Hold | 6 |
+45% | Hold | 5 |
+40% | Hold | 4 |
+35% | Sell | 3 |
+30% | Sell | 2 |
+20% | Strong Sell | 1 |
Company Description
Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses.
The company provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits.
It is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration (SBA) loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements.
In addition, it provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services.
Further, the company offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products.
As of December 31, 2021, it operated 48 branch offices located throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and in Highland Mills, New York; operated six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck and Waldwick; and one New York commercial lending center to serve the Hudson Valley region.
The company was incorporated in 1969 and is headquartered in Oak Ridge, New Jersey.
Country | United States |
IPO Date | Jan 4, 1999 |
Industry | Banks - Regional |
Sector | Financial Services |
Employees | 826 |
CEO | Thomas J. Shara Jr. |
Contact Details
Address: 250 Oak Ridge Road Oak Ridge, New Jersey United States | |
Website | https://www.lakelandbank.com |
Stock Details
Ticker Symbol | LBAI |
Exchange | NASDAQ |
Fiscal Year | January - December |
Reporting Currency | USD |
CIK Code | 0000846901 |
CUSIP Number | 511637100 |
ISIN Number | US5116371007 |
Employer ID | 22-2953275 |
SIC Code | 6022 |
Key Executives
Name | Position |
---|---|
Thomas J. Shara Jr. | President, Chief Executive Officer & Director |
Ronald E. Schwarz | Senior EVice President & Chief Operating Officer |
Sing Loy Ho | Executive Vice President & Chief Information Officer |
Thomas F. Splaine Jr. | Executive Vice President & Chief Financial Officer |
David S. Yanagisawa | Executive Vice President & Senior Loan Officer |
Ellen Lalwani | Executive Vice President & Chief Banking Officer |
James M. Nigro | Executive Vice President & Chief Risk Officer |
Karen Garrera | Executive Vice President & Chief Retail Officer |
Stephen C. Novak | Executive Vice President, Senior Commercial Real Estate Officer & Group Leader of Lakeland Bank |
Timothy J. Matteson | Executive Vice President, Chief Administrative Officer, General Counsel & Corporate Secretary |
Latest SEC Filings
Date | Type | Title |
---|---|---|
Oct 31, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial own... |
May 28, 2024 | 15-12G | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |
May 17, 2024 | 4 | Filing |