Lakeland Bancorp Inc (LBAI) Reports Q3 2023 Earnings

Published on 26 Oct 2023 on GuruFocus.com via Yahoo Finance

Lakeland Bancorp Inc (LBAI) Reports Q3 2023 Earnings

Net income for Q3 2023 stood at $22.2 million, down from $28.7 million in Q3 2022.Earnings per diluted share (EPS) for Q3 2023 was $0.34, compared to $0.44 in Q3 2022.Loan growth for the quarter was 2%, with year-to-date growth at 5%.Nonperforming assets decreased 27% to $13.4 million, or 0.12% of total assets, for Q3 2023.

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Lakeland Bancorp Inc (LBAI) Reports Q3 2023 Earnings

NASDAQ.LBAI price evolution

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