Published on 26 Mar 2024 on Simply Wall St. via Yahoo Finance
Lakeland Bancorp (NASDAQ:LBAI) shareholders have endured a 20% loss from investing in the stock...
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But if you try your hand at stock picking, your risk returning less than the market. Unfortunately, that's been the case for longer term Lakeland Bancorp, Inc. (NASDAQ:LBAI) shareholders, since the share price is down 28% in the last three years, falling well short of the market return of around 25%. Furthermore, it's down 19% in about a quarter. That's not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
See our latest analysis for Lakeland Bancorp