12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Lakeland Bancorp's 12-1 Month Momentum % is -19.49%.
The industry rank for Lakeland Bancorp's 12-1 Month Momentum % or its related term are showing as below:
LBAI's 12-1 Month Momentum % is ranked worse than 85.79% of 1548
companies
in the Banks industry
Industry Median: 10.175
vs LBAI: -19.49
Competitive Comparison of Lakeland Bancorp's 12-1 Month Momentum %
For the Banks - Regional subindustry, Lakeland Bancorp's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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's 12-1 Month Momentum % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Lakeland Bancorp's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Lakeland Bancorp's 12-1 Month Momentum % falls into.
* 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.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Lakeland Bancorp 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Lakeland Bancorp's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lakeland Bancorp (Lakeland Bancorp) Business Description
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.
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