lakeland bancorp (lbai), the holding company for lakeland bank, has $3.7 billion in total assets and operates 48 branch offices, five regional lending centers, and two loan production offices spanning bergen, essex, middlesex, morris, passaic, somerset, sussex, union and warren counties in new jersey, and the hudson valley region of new york. headquartered in oak ridge, nj, lakeland bancorp has been recognized as one of “america’s 50 most trustworthy financial companies” by forbes. lakeland bank is dedicated to making banking easier for our customers through an extensive array of products and services. online and mobile banking provides secure and convenient access to your accounts – anywhere and at any time. you can even send, request and receive money to or from individuals with popmoney®. for nearly 45 years, lakeland bank has been serving northern new jersey as both a trusted financial service provider and a strongly committed corporate citizen. as a community bank, lakeland ba
Company profile
Ticker
LBAI
Exchange
CEO
Thomas Shara
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lakeland NJ Investment Corporation • Lakeland Investment Corporation • Lakeland Equity, Inc. • Lakeland Preferred Equity, Inc. • NBSC Holdings, Inc. • NBSC Properties, Inc. • Lakeland Title Group LLC • Lakeland Financial Services Agency, Inc. • 1st Constitution Investment Company • 1st Constitution Real Estate Corporation ...
IRS number
222953275
LBAI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
28 May 24
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
16 May 24
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
16 May 24
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
16 May 24
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
16 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
16 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
16 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
16 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
16 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
16 May 24
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 207.62 mm | 207.62 mm | 207.62 mm | 207.62 mm | 207.62 mm | 207.62 mm |
Cash burn (monthly) | 37.68 mm | 5.61 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 145.68 mm | 21.69 mm | n/a | n/a | n/a | n/a |
Cash remaining | 61.94 mm | 185.93 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.6 | 33.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
57.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 162 |
Opened positions | 152 |
Closed positions | 7 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 420.81 bn |
Total shares | 37.54 mm |
Total puts | 14.50 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.32 mm | $88.53 bn |
Dimensional Fund Advisors | 3.46 mm | $41.92 bn |
Vanguard | 3.39 mm | $40.97 bn |
STT State Street | 1.84 mm | $22.27 bn |
Geode Capital Management | 1.43 mm | $17.31 bn |
Glazer Capital | 1.08 mm | $13.01 mm |
MS Morgan Stanley | 974.51 k | $11.79 bn |
C Citigroup | 913.65 k | $11.06 bn |
American Century Companies | 885.53 k | $10.71 bn |
NTRS Northern Trust | 801.39 k | $9.70 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Ronald E Schwarz | Common Stock | Sale back to company | Dispose D | No | No | 0 | 163,152 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 2,702 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 6,400 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 96,177 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 20,435 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 263,032 | 0.00 | 0 |
15 May 24 | Mary Ann Deacon | Common Stock | Sale back to company | Dispose D | No | No | 0 | 39,349 | 0.00 | 0 |
15 May 24 | Gragnolati Brian | Common Stock | Sale back to company | Dispose D | No | No | 0 | 28,203 | 0.00 | 0 |
15 May 24 | Brian Flynn | Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,216 | 0.00 | 0 |
15 May 24 | Bruce D. Bohuny | Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 11,912 | 0.00 | 0 |