Lakeland Bancorp (Lakeland Bancorp) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Lakeland Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lakeland Bancorp's operating assets for the quarter that ended in Dec. 2023 was $9,871.6 Mil. Lakeland Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $9,432.6 Mil. Lakeland Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $11,176.8 Mil. Therefore, Lakeland Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.

Lakeland Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Lakeland Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(10817.912	-	9432.602)	/	10783.84
=	0.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	11138.567	-	320.655
=	10817.912

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9969.198	-	536.596	-	0
=	9432.602

Lakeland Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(9871.63	-	9432.602)	/	11176.809
=	0.04

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	11138.567	-	1266.937
=	9871.63

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9969.198	-	536.596	-	0
=	9432.602

* 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.

Lakeland Bancorp Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Lakeland Bancorp's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Lakeland Bancorp (Lakeland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeland Bancorp Inc (NAS:LBAI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438

Website

https://www.lakelandbank.com

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