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"). The Bank operates 53 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and also including one branch in Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and one in New York to serve the Hudson Valley region. Lakeland also has a commercial loan production office serving Middlesex and Monmouth counties in New Jersey. 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
03/20181.160.11517.11
12/20171.090.10017.66
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.10Total Liab/Total Assets0.89
Net Inc/Total Assets0.01Total Liab/Inv Cap0.95
Net Inc/Inv Cap0.01Total Liab/Comm Equity9.41
Pretax Inc/Net Sales0.37Interest Coverage Ratio10.57
Net Inc/Net Sales0.24Curr Debt/Equity0.54
Cash Flow/Net Sales0.31LTD/EquityNA
SG&A/NetSales0.48Total Debt/Equity0.54
Asset Utilization   Liquidity  
Net Receivables Turnover15.99Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E4.29  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 55.48 55.24 54.19 53.32
Cost of Goods Sold 5.76 5.04 4.44 3.78
Selling & Admin Exps 26.98 25.68 24.75 25.18
Operating Income NA NA NA NA
Interest Exp 2.15 2.04 2.18 2.01
Pretax Income 19.15 21.09 20.89 20.34
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 15.26 13.18 13.72 13.37

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 938.69 941.33 998.01 1,016.21
Receivables - Total 14.68 14.42 13.59 13.19
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 50.36 50.31 49.70 50.41
Total Assets 5,477.83 5,405.64 5,399.48 5,362.19
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 303.46 316.95 330.50 430.74
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 4,889.18 4,822.52 4,822.40 4,794.64
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 513.23 512.73 512.38 511.97
Retained Earnings 85.26 72.74 63.92 54.97
Treasury Stock NA NA NA NA
Total Stockholders' Equity 588.65 583.12 577.08 567.55
Total Liabilities and Stockholders' Equity 5,477.83 5,405.64 5,399.48 5,362.19

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 19.88 20.28 14.12 13.34
Net Cash Provided by Investing Activities -90.40 -73.90 -22.00 -79.94
Net Cash Provided by Financing Activities 60.61 -6.36 25.11 101.87

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013135.1624.97--
12/2014140.2231.130.82
12/2015148.6832.480.85
12/2016184.6341.520.95
12/2017215.6452.581.09
Growth Rates12.3920.46--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1812825,81254.37




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.