Latest Lakeland Bancorp (LBAI) Headlines
Govt Must Avoid Half Measures On RBZ Debt [opinion]
by Jacob Sithole - All Africa Global Media - Fri Jan 31, 5:33PM CST
GOVERNMENT has finally agreed to take over debts amounting to about US$1,35 billion incurred by the Reserve Bank of Zimbabwe (RBZ) over the years after much hesitation. By so doing, it is hoping to achieve two targets.
Lakeland Bancorp Reports Record Full Year Results
GlobeNewswire - Thu Jan 30, 7:39AM CST
Lakeland Bancorp, Inc. (Nasdaq:LBAI) reported the following results:
16.0% Return Seen to Date on SmarTrend Lakeland Bancorp Call (LBAI)
Comtex SmarTrend(R) - Wed Jan 29, 5:08PM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 14 months, Lakeland Bancorp has returned 16.04% as of today's recent price of $11.36.
Nielsen: Global Consumer Confidence Holds Steady to Close 2013, While Spending Intentions Retreat to Q4 2012 Levels
Business Wire - Tue Jan 28, 11:01PM CST
Global consumer confidence held steady at 94 for three consecutive quarters, ending 2013 one point higher than it started (Q1 2013) and three points higher than the same time period the previous year (Q4 2012), according to consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy.
Uptrend Call Working As Lakeland Bancorp Stock Rises 23.6% (LBAI)
Comtex SmarTrend(R) - Wed Jan 22, 11:19AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 14 months, Lakeland Bancorp has returned 23.60% as of today's recent price of $12.10.
21.2% Return Seen to Date on SmarTrend Lakeland Bancorp Call (LBAI)
Comtex SmarTrend(R) - Wed Jan 15, 10:02AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 21.25% as of today's recent price of $11.87.
Lakeland Bancorp Has Returned 23.0% Since SmarTrend Recommendation (LBAI)
Comtex SmarTrend(R) - Wed Jan 08, 9:49AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 22.98% as of today's recent price of $12.04.
Shares of LBAI Up 28.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Dec 24, 9:45AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 28.19% as of today's recent price of $12.55.
Lakeland Bancorp Shares Up 26.5% Since SmarTrend's Buy Recommendation (LBAI)
Comtex SmarTrend(R) - Mon Dec 02, 11:07AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 12 months, Lakeland Bancorp has returned 26.46% as of today's recent price of $12.38.
Lakeland Bancorp Has Returned 12.2% Since SmarTrend Recommendation (LBAI)
Comtex SmarTrend(R) - Fri Nov 01, 11:19AM CDT
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 11 months, Lakeland Bancorp has returned 12.16% as of today's recent price of $10.98.
Downgrade Alert for Lakeland Bancorp (LBAI)
Comtex SmarTrend(R) - Fri Oct 25, 8:00AM CDT
Lakeland Bancorp (NASDAQ:LBAI) was downgraded from Outperform to Neutral at Macquarie today. The stock closed yesterday at $11.91 on volume of 57,000 shares, below average daily volume of 65,000. Lakeland Bancorp (NASDAQ:LBAI) has potential upside of 7.5% based on a current price of $11.91 and analysts' consensus price target of $12.80. The stock should discover initial support at its 50-day moving average (MA) of $11.31 and subsequent support at its 200-day MA of $10.40.
Lakeland Bancorp Reports Third Quarter Results and Increases Cash Dividend by 7%
GlobeNewswire - Thu Oct 24, 7:19AM CDT
Lakeland Bancorp, Inc. (Nasdaq:LBAI) reported Net Income Available to Common Shareholders in the third quarter of 2013 of $6.6 million or $0.18 per diluted share compared to $5.5 million, or $0.20 per diluted share for the same period last year. Third quarter results included $744,000, or $0.02 per diluted share, in merger expenses relating to the acquisition of Somerset Hills Bancorp, which took place in the second quarter of 2013. Net Income Available to Common Shareholders for the first nine months of 2013 was $17.6 million or $0.54 per diluted share compared to $15.3 million, or $0.56 per diluted share for the same period last year. Excluding merger costs, Net Income Available to Common Shareholders was $19.8 million or $0.61 per diluted share for the first nine months of 2013.The Return on Average Assets for the nine months ended September 30, 2013 was 0.78%, the Return on Average Common Equity was 7.59% and the Return on Tangible Common Equity was 11.12%.
Govt Must Avoid Half Measures On RBZ Debt [opinion]
by Jacob Sithole - All Africa Global Media - Fri Jan 31, 5:33PM CST
GOVERNMENT has finally agreed to take over debts amounting to about US$1,35 billion incurred by the Reserve Bank of Zimbabwe (RBZ) over the years after much hesitation. By so doing, it is hoping to achieve two targets.
Lakeland Bancorp Reports Record Full Year Results
GlobeNewswire - Thu Jan 30, 7:39AM CST
Lakeland Bancorp, Inc. (Nasdaq:LBAI) reported the following results:
16.0% Return Seen to Date on SmarTrend Lakeland Bancorp Call (LBAI)
Comtex SmarTrend(R) - Wed Jan 29, 5:08PM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 14 months, Lakeland Bancorp has returned 16.04% as of today's recent price of $11.36.
Nielsen: Global Consumer Confidence Holds Steady to Close 2013, While Spending Intentions Retreat to Q4 2012 Levels
Business Wire - Tue Jan 28, 11:01PM CST
Global consumer confidence held steady at 94 for three consecutive quarters, ending 2013 one point higher than it started (Q1 2013) and three points higher than the same time period the previous year (Q4 2012), according to consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy.
Uptrend Call Working As Lakeland Bancorp Stock Rises 23.6% (LBAI)
Comtex SmarTrend(R) - Wed Jan 22, 11:19AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 14 months, Lakeland Bancorp has returned 23.60% as of today's recent price of $12.10.
21.2% Return Seen to Date on SmarTrend Lakeland Bancorp Call (LBAI)
Comtex SmarTrend(R) - Wed Jan 15, 10:02AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 21.25% as of today's recent price of $11.87.
Lakeland Bancorp Has Returned 23.0% Since SmarTrend Recommendation (LBAI)
Comtex SmarTrend(R) - Wed Jan 08, 9:49AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 22.98% as of today's recent price of $12.04.
Shares of LBAI Up 28.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Dec 24, 9:45AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 13 months, Lakeland Bancorp has returned 28.19% as of today's recent price of $12.55.
Lakeland Bancorp Shares Up 26.5% Since SmarTrend's Buy Recommendation (LBAI)
Comtex SmarTrend(R) - Mon Dec 02, 11:07AM CST
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 12 months, Lakeland Bancorp has returned 26.46% as of today's recent price of $12.38.
Lakeland Bancorp Has Returned 12.2% Since SmarTrend Recommendation (LBAI)
Comtex SmarTrend(R) - Fri Nov 01, 11:19AM CDT
SmarTrend identified an Uptrend for Lakeland Bancorp (NASDAQ:LBAI) on December 11th, 2012 at $9.79. In approximately 11 months, Lakeland Bancorp has returned 12.16% as of today's recent price of $10.98.
Downgrade Alert for Lakeland Bancorp (LBAI)
Comtex SmarTrend(R) - Fri Oct 25, 8:00AM CDT
Lakeland Bancorp (NASDAQ:LBAI) was downgraded from Outperform to Neutral at Macquarie today. The stock closed yesterday at $11.91 on volume of 57,000 shares, below average daily volume of 65,000. Lakeland Bancorp (NASDAQ:LBAI) has potential upside of 7.5% based on a current price of $11.91 and analysts' consensus price target of $12.80. The stock should discover initial support at its 50-day moving average (MA) of $11.31 and subsequent support at its 200-day MA of $10.40.
Lakeland Bancorp Reports Third Quarter Results and Increases Cash Dividend by 7%
GlobeNewswire - Thu Oct 24, 7:19AM CDT
Lakeland Bancorp, Inc. (Nasdaq:LBAI) reported Net Income Available to Common Shareholders in the third quarter of 2013 of $6.6 million or $0.18 per diluted share compared to $5.5 million, or $0.20 per diluted share for the same period last year. Third quarter results included $744,000, or $0.02 per diluted share, in merger expenses relating to the acquisition of Somerset Hills Bancorp, which took place in the second quarter of 2013. Net Income Available to Common Shareholders for the first nine months of 2013 was $17.6 million or $0.54 per diluted share compared to $15.3 million, or $0.56 per diluted share for the same period last year. Excluding merger costs, Net Income Available to Common Shareholders was $19.8 million or $0.61 per diluted share for the first nine months of 2013.The Return on Average Assets for the nine months ended September 30, 2013 was 0.78%, the Return on Average Common Equity was 7.59% and the Return on Tangible Common Equity was 11.12%.
