LAKELAND BANCORP INC
Financials · State Commercial Banks · NJ · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $2.5M | $3.0M | $1.1M | $5.3M | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $84.7M | $107.4M | $95.0M | $57.5M | $70.7M | $63.4M |
| Total assets | $11.14B | $10.78B | $8.20B | $7.66B | $6.71B | $5.81B |
| Total liabilities | $9.97B | $9.68B | $7.37B | $6.90B | $5.99B | $5.18B |
| Equity | $1.17B | $1.11B | $827.0M | $763.8M | $725.3M | $623.7M |
| EPS (diluted) | $1.29 | $1.63 | $1.85 | $1.13 | $1.38 | $1.32 |
| Shares out. | 64.9M | 64.6M | 50.5M | 50.5M | 50.3M | 47.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- 3458.8%
- Return on equity
- 7.2%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 89.5%
- Debt / equity
- 8.53×
- Book value / share
- $18.02
- Revenue growth (YoY)
- −19.7%
- Net income growth (YoY)
- −21.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −0.3%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 17, 2014
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Mccracken Robert EDirector | May 15, 2024 | D | 75,888 | — |
| Nicholson Robert K IiiDirector | May 15, 2024 | D | 208,977 | — |
| Hanson James E. IiDirector | May 15, 2024 | D | 31,390 | — |
| Fredericks Mark JDirector | May 15, 2024 | D | 216,230 | — |
| Splaine Thomas JrOfficer — EVP and CFO | May 15, 2024 | D | 111,838 | — |
| Rath John FOfficer — EVP and Chief Loan Officer | May 15, 2024 | D | 79,015 | — |
| Nigro James M.Officer — EVP and Chief Risk Officer | May 15, 2024 | D | 102,610 | — |
| Ho-Sing-Loy PaulOfficer — EVP and CIO | May 15, 2024 | D | 40,763 | — |
| Matteson Timothy JOfficer — EVP, CAO & General Counsel | May 15, 2024 | D | 115,789 | — |
| Lalwani EllenOfficer — EVP & Chief Banking Officer | May 15, 2024 | D | 70,867 | — |
| Shara ThomasOfficer — President & CEO | May 15, 2024 | D | 640,415 | — |
| Inserra Lawrence R JrDirector | May 15, 2024 | D | 81,723 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 16, 2024
- Other material eventMay 13, 2024
- Results of operations · Other material eventApr 19, 2024
- Other material eventApr 12, 2024
- Entered a material agreementMar 29, 2024
- Other material eventMar 25, 2024
- Change in controlFeb 2, 2024
- Results of operations · Other material eventJan 25, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ASEC SCHEDULE 13GOct 31, 2024
- 15-12GMay 28, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
- 4FORM 4May 17, 2024
Event-driven situations (1)
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