Lakeland Bancorp, Inc. (LBAI) stock surged +1.13%, trading at $13.43 on NASDAQ, up from the previous close of $13.28. The stock opened at $13.45, fluctuating between $13.09 and $13.52 in the recent session.
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.
Employees | 826 |
Beta | 0.82 |
Sales or Revenue | $514.58M |
5Y Sales Change% | 0.943% |
Fiscal Year Ends | December |
Sector | Financial Services |
Industry | Banks - Regional |
Lakeland Bancorp, Inc. (NASDAQ: LBAI) stock price is $13.43 in the last trading session. During the trading session, LBAI stock reached the peak price of $13.52 while $13.09 was the lowest point it dropped to. The percentage change in LBAI stock occurred in the recent session was 1.13% while the dollar amount for the price change in LBAI stock was $0.15.
The NASDAQ listed LBAI is part of Banks - Regional industry that operates in the broader Financial Services sector. Lakeland Bancorp, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Ms. Jenifer Thoma
Executive Vice President & Chief HR Officer
Ms. Ellen Lalwani
Executive Vice President & Chief Banking Officer
Mr. Thomas F. Splaine Jr.
Executive Vice President & Chief Financial Officer
Mr. Ronald E. Schwarz
Senior EVice President & Chief Operating Officer
Mr. David S. Yanagisawa
Executive Vice President & Senior Loan Officer
Mr. John W. Fredericks
Chairman Emeritus
Mr. Thomas J. Shara Jr.
Pres, Chief Executive Officer & Director
Mr. Sing Loy Ho
Executive Vice President & Chief Information Officer
Mr. James M. Nigro
Executive Vice President & Chief Risk Officer
Mr. Timothy J. Matteson
Executive Vice President, Chief Admin. Officer, Gen. Counsel & Corporation Sec.
LBAI's closing price is 26.1% higher than its 52-week low of $10.65 where as its distance from 52-week high of $16.00 is -16.06%.
Number of LBAI employees currently stands at 826.
Official Website of LBAI is: https://www.lakelandbank.com
LBAI could be contacted at phone 973 697 2000 and can also be accessed through its website. LBAI operates from 250 Oak Ridge Road, Oak Ridge, NJ 07438, United States.
LBAI stock volume for the day was 748.26K shares. The average number of LBAI shares traded daily for last 3 months was 378.4K.
The market value of LBAI currently stands at $875.02M with its latest stock price at $13.43 and 65.15M of its shares outstanding.
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