Company Information

  

Address: 250 OAK RIDGE RD  
City: OAK RIDGE 
State: NJ 
Zip Code: 07438 
Telephone: 973-697-2000 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

Lakeland Bancorp, Inc. (the "Company" or "Lakeland Bancorp") is a bank holding company headquartered in Oak Ridge, New Jersey. The Company was organized in March of 1989 and commenced operations on May 19, 1989, upon the consummation of the acquisition of all of the outstanding stock of Lakeland Bank, formerly named Lakeland State Bank ("Lakeland" or the "Bank" or "Lakeland Bank"). Through Lakeland, the Company operates 52 New Jersey branch offices in Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex and Union counties; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and two commercial loan production offices serving Middlesex and Monmouth counties in New Jersey and the Hudson Valley region of New York. Lakeland offers an extensive suite of financial products and services for businesses and consumers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.090.10018.72
06/20171.040.10018.12
03/20171.020.10019.22
12/20160.950.09520.53
09/20160.910.09515.43
06/20160.870.09513.08
03/20160.830.09512.23
12/20150.850.08513.87

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.08Total Liab/Total Assets0.89
Net Inc/Total Assets0.01Total Liab/Inv Cap0.95
Net Inc/Inv Cap0.01Total Liab/Comm Equity8.89
Pretax Inc/Net Sales0.34Interest Coverage Ratio9.81
Net Inc/Net Sales0.22Curr Debt/Equity0.58
Cash Flow/Net Sales0.27LTD/EquityNA
SG&A/NetSales0.51Total Debt/Equity0.58
Asset Utilization   Liquidity  
Net Receivables Turnover16.97Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E3.53  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 54.19 53.32 52.89 48.84
Cost of Goods Sold 4.44 3.78 3.33 3.02
Selling & Admin Exps 24.75 25.18 28.28 24.57
Operating Income NA NA NA NA
Interest Exp 2.18 2.01 2.14 2.49
Pretax Income 20.89 20.34 17.73 18.19
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 13.72 13.37 12.31 11.95

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 998.01 1,016.21 998.24 945.22
Receivables - Total 13.59 13.19 13.35 12.56
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 49.70 50.41 51.29 52.24
Total Assets 5,399.48 5,362.19 5,247.82 5,093.13
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 330.50 430.74 258.28 317.22
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 4,822.40 4,794.64 4,690.17 4,543.09
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 512.38 511.97 511.58 510.86
Retained Earnings 63.92 54.97 46.38 38.59
Treasury Stock NA NA NA NA
Total Stockholders' Equity 577.08 567.55 557.64 550.04
Total Liabilities and Stockholders' Equity 5,399.48 5,362.19 5,247.82 5,093.13

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 14.12 13.34 19.73 12.55
Net Cash Provided by Investing Activities -22.00 -79.94 -179.32 -221.94
Net Cash Provided by Financing Activities 25.11 101.87 134.19 189.84

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012129.8621.740.72
12/2013135.1624.97--
12/2014140.2231.130.82
12/2015148.6832.480.85
12/2016184.6341.520.95
Growth Rates9.1917.55--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1711725,09953.00




Report Date : 12/11/2017

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