Lakeland Bancorp (FRA:LKL) Tax Rate % : 22.96% (As of Mar. 2024)

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What is Lakeland Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lakeland Bancorp's Tax Expense for the three months ended in Mar. 2024 was €5.4 Mil. Lakeland Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was €23.6 Mil. Therefore, Lakeland Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 22.96%.

Lakeland Bancorp Tax Rate % Historical Data

The historical data trend for Lakeland Bancorp's Tax Rate % 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.

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Lakeland Bancorp Tax Rate % Chart

Lakeland Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.77

23.08

25.36

25.43

23.52

Lakeland Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															22.91	22.66	22.49	26.09	22.96

Lakeland Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lakeland Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	23.891	/	101.597
	=	23.52 %

Lakeland Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	5.428	/	23.639
	=	22.96 %

Lakeland Bancorp Tax Rate % Related Terms

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Lakeland Bancorp (FRA:LKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeland Bancorp Inc (FRA:LKL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LBAI:USA

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.

Lakeland Bancorp (FRA:LKL) Headlines

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