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Lakeland Bancorp (Lakeland Bancorp) Retained Earnings : $386.3 Mil (As of Mar. 2024)


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What is Lakeland Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lakeland Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $386.3 Mil.

Lakeland Bancorp's quarterly retained earnings increased from Sep. 2023 ($365.5 Mil) to Dec. 2023 ($376.0 Mil) and increased from Dec. 2023 ($376.0 Mil) to Mar. 2024 ($386.3 Mil).

Lakeland Bancorp's annual retained earnings increased from Dec. 2021 ($259.3 Mil) to Dec. 2022 ($329.4 Mil) and increased from Dec. 2022 ($329.4 Mil) to Dec. 2023 ($376.0 Mil).


Lakeland Bancorp Retained Earnings Historical Data

The historical data trend for Lakeland Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Bancorp Retained Earnings Chart

Lakeland Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.75 191.42 259.34 329.38 376.04

Lakeland Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339.68 352.78 365.50 376.04 386.32

Lakeland Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Lakeland Bancorp  (NAS:LBAI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Lakeland Bancorp (Lakeland Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.
Executives
Paul Ho-sing-loy officer: EVP Chief Information Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Mary Ann Deacon director LAKELAND BANK, 250 OAK RIDGE RD, OAK RIDGE NJ 07438
Brian Gragnolati director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Hanson James E. Ii director C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Robert F Mangano director C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
John F Rath officer: EVP/Chief Loan Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
James M. Nigro officer: EVP Chief Risk Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Timothy J Matteson officer: EVP, CAO & General Counsel 1000 MACARTHUR BLVD., MAHWAH NJ 07430
Ellen Lalwani officer: EVP/Chief Banking Officer C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Jr Splaine officer: EVP and CFO 101 JFK PARKWAY, SHORT HILLS NJ 07078
Janeth C Hendershot director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Nicholson Robert K Iii director
Bruce D. Bohuny director 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Shara officer: President and CEO 92 FROST COURT, WYCOFF NJ 07481
Brian Flynn director 350 RODNEY ROAD, WYCOFF NJ 07481