Lakeland Bancorp, Inc. (LBAI) — Financial statements
Income statement, balance sheet, and cash flow for Lakeland Bancorp, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 294↓13.8% | 341↑32.5% | 257↑10.6% | 232↑5.4% | 220 | |
| Cost of Revenue | -10↓131.9% | 32↑32.6% | 24 | 0.00 | 0.00 | |
| Gross Profit | 304↓1.7% | 309↑32.5% | 233↑0.4% | 232↑5.4% | 220 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 114↑3.0% | 111↑30.6% | 85↓1.3% | 86↑5.9% | 81 | |
| Selling & Marketing Expenses | 2↓11.4% | 3↑53.7% | 2↑31.0% | 1↓35.6% | 2 | |
| SG&A Expenses | 116↑2.6% | 113↑31.0% | 87↓0.9% | 87↑5.0% | 83 | |
| Other Expenses | 187↑60.4% | 117↑154.4% | -215↑12.3% | -245↓16.8% | -210 | |
| Operating Expenses | 183↓19.7% | 228↑275.4% | -130↑17.6% | -158↓24.6% | -127 | |
| Total Costs & Expenses | 183↑479.2% | 32↑124.3% | -130↑17.6% | -158↓24.6% | -127 | |
| Operating Results | ||||||
| Operating Income | 0.00↓100.0% | 199↑56.2% | 127↑70.3% | 75↓20.4% | 94 | |
| Depreciation & Amortization | 12↓30.0% | 17↑103.5% | 8↑706.0% | 1↓13.3% | 1 | |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBIT | -12↑30.0% | -17↓103.5% | -8↓9.4% | -8↓39.3% | -5 | |
| Interest & Other Income | ||||||
| Net Interest Income | 282↓9.9% | 313↑33.1% | 235↑13.1% | 208↑5.9% | 196 | |
| Interest Income | 491↑33.6% | 368↑42.8% | 257↑3.4% | 249↓3.0% | 256 | |
| Interest Expense | 209↑281.1% | 55↑144.3% | 22↓45.4% | 41↓31.9% | 60 | |
| Non-Operating Income | 12↓30.0% | 17↑103.5% | 8↑9.4% | 8↑39.3% | 5 | |
| Other Income / Expenses | 111↓23.1% | 144↑13.1% | 127↑70.3% | 75↓20.4% | 94 | |
| Income Before Tax | 111↓23.1% | 144↑13.1% | 127↑70.3% | 75↓20.4% | 94 | |
| Income Tax Expense | 26↓28.9% | 37↑13.4% | 32↑87.1% | 17↓25.8% | 23 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 85↓21.1% | 107↑13.0% | 95↑65.2% | 58↓18.6% | 71 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 85↓21.1% | 107↑13.0% | 95↑65.2% | 58↓18.6% | 71 | |
| Bottom-Line Net Income | 84↓21.0% | 106↑13.0% | 94↑64.7% | 57↓18.6% | 70 | |
| EPS (Basic) | 1.29↓21.3% | 1.64↓11.4% | 1.85↑63.7% | 1.13↓18.7% | 1.39 | |
| EPS (Diluted) | 1.29↓20.9% | 1.63↓11.9% | 1.85↑63.7% | 1.13↓18.1% | 1.38 | |
| Weighted Average Shares | 65↑0.6% | 65↑27.7% | 51↑0.2% | 51↑0.1% | 50 | |
| Weighted Average Diluted Shares | 65↑0.5% | 65↑27.6% | 51↑0.4% | 51↑0.0% | 51 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.