Detail akcie Lakeland Bancorp online

Business Summary: Lakeland Bancorp, Inc. is a bank holding company for Lakeland Bank (the Bank). The Bank offers a suite of financial products and services for businesses and consumers. The Company offers a range of lending, depository, and related financial services to individuals and small to medium sized businesses located primarily in northern and central New Jersey, the Hudson Valley region in New York and surrounding areas. The Bank provides services in three categories: commercial bank services, consumer banking and other services. The Bank offers a range of lending services include commercial real estate loans, commercial and industrial loans, short- and medium-term loans, letters of credit, and others. Its consumer banking services include checking accounts, savings accounts, money market accounts, certificates of deposit, online banking and other. In addition, the Bank provides commercial title insurance services and life insurance products. The Bank operates approximately 68 branch offices.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Lakeland Bancorp, Inc. interest income increased 13% to $128.9M. Net interest income after loan loss provision decreased 4% to $65.3M. Net income applicable to common stockholders remained flat at $19.6M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 20% to 2.46%, Net Interest Spread, Total -% decrease of 35% to 1.6%.