Lakeland Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $17.98.
During the past 12 months, Lakeland Bancorp's average Book Value per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 7.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Lakeland Bancorp was 22.40% per year. The lowest was -8.80% per year. And the median was 6.40% per year.
Competitive Comparison of Lakeland Bancorp's 3-Year Book Growth Rate
For the Banks - Regional subindustry, Lakeland Bancorp's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Lakeland Bancorp's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Lakeland Bancorp's 3-Year Book Growth Rate falls into.
Lakeland Bancorp 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
Lakeland Bancorp (NAS:LBAI) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Lakeland Bancorp 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Lakeland Bancorp's 3-Year Book Growth Rate 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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