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Lakeland Bancorp (Lakeland Bancorp) Net Cash per Share

: $-133.82 (As of Dec. 2023)
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Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Lakeland Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 was $-133.82.

The historical rank and industry rank for Lakeland Bancorp's Net Cash per Share or its related term are showing as below:

LBAI's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lakeland Bancorp Net Cash per Share Historical Data

The historical data trend for Lakeland Bancorp's Net Cash per Share 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.98 -114.40 -125.92 -129.25 -133.82

Lakeland Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 -129.30 -131.60 -134.47 -133.82 -132.97

Competitive Comparison

For the Banks - Regional subindustry, Lakeland Bancorp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakeland Bancorp Price-to-Net-Cash Distribution

For the Banks industry and Financial Services sector, Lakeland Bancorp's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lakeland Bancorp's Price-to-Net-Cash falls into.



Lakeland Bancorp Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Lakeland Bancorp's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(320.655+946.282-9969.198-0)/65.0303
=-133.82

Lakeland Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(320.655+946.282-9969.198-0)/65.0303
=-133.82

* 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  (NAS:LBAI) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Lakeland Bancorp Net Cash per Share Related Terms

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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