LAKELAND BANCORP INC (LBAI)
US5116371007 - Common Stock
Taking everything into account, LBAI scores 3 out of 10 in our fundamental rating. LBAI was compared to 411 industry peers in the Banks industry. LBAI has a bad profitability rating. Also its financial health evaluation is rather negative. LBAI has a valuation in line with the averages, but on the other hand it scores bad on growth. LBAI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LBAI was profitable.
In the past year LBAI had a positive cash flow from operations.
Each year in the past 5 years LBAI has been profitable.
In the past 5 years LBAI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LBAI (0.75%) is comparable to the rest of the industry.
The Return On Equity of LBAI (7.17%) is worse than 67.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 7.17% | ||
| ROIC | N/A |
ROA(3y)0.96%
ROA(5y)0.93%
ROE(3y)9.36%
ROE(5y)9.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LBAI's Profit Margin of 27.34% is fine compared to the rest of the industry. LBAI outperforms 67.64% of its industry peers.
LBAI's Profit Margin has declined in the last couple of years.
LBAI does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.34% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y4.04%
PM growth 5Y-3.13%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
LBAI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, LBAI has about the same amount of shares outstanding.
Compared to 5 years ago, LBAI has more shares outstanding
LBAI has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of LBAI is 8.22, which is on the high side as it means it would take LBAI, 8.22 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LBAI (8.22) is worse than 76.89% of its industry peers.
LBAI has a Debt/Equity ratio of 0.78. This is a neutral value indicating LBAI is somewhat dependend on debt financing.
LBAI's Debt to Equity ratio of 0.78 is on the low side compared to the rest of the industry. LBAI is outperformed by 78.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.72%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
LBAI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.26%.
Measured over the past years, LBAI shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.06% on average per year.
The Revenue has decreased by -9.94% in the past year.
The Revenue has been growing by 9.39% on average over the past years. This is quite good.
EPS 1Y (TTM)-24.26%
EPS 3Y4.55%
EPS 5Y-1.06%
EPS growth Q2Q-41.18%
Revenue 1Y (TTM)-9.94%
Revenue growth 3Y9.33%
Revenue growth 5Y9.39%
Revenue growth Q2Q-18.68%
3.2 Future
LBAI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.66% yearly.
LBAI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.41% yearly.
EPS Next Y-8.84%
EPS Next 2Y5.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.29%
Revenue Next 2Y2.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.03 indicates a reasonable valuation of LBAI.
The rest of the industry has a similar Price/Earnings ratio as LBAI.
The average S&P500 Price/Earnings ratio is at 25.25. LBAI is valued rather cheaply when compared to this.
LBAI is valuated reasonably with a Price/Forward Earnings ratio of 11.00.
LBAI's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, LBAI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.03 | ||
| Fwd PE | 11 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, LBAI is valued a bit cheaper than 63.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.57 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.51%, LBAI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.89, LBAI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, LBAI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
5.2 History
The dividend of LBAI has a limited annual growth rate of 5.26%.
LBAI has been paying a dividend for at least 10 years, so it has a reliable track record.
LBAI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.26%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
45.39% of the earnings are spent on dividend by LBAI. This is a bit on the high side, but may be sustainable.
The dividend of LBAI is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP45.39%
EPS Next 2Y5.66%
EPS Next 3YN/A
LAKELAND BANCORP INC
NASDAQ:LBAI (4/24/2024, 7:13:28 PM)
After market: 12.84 0 (0%)12.84
-0.01 (-0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap836.53M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.03 | ||
| Fwd PE | 11 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.75% | ||
| ROE | 7.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 27.34% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-24.26%
EPS 3Y4.55%
EPS 5Y
EPS growth Q2Q
EPS Next Y-8.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-9.94%
Revenue growth 3Y9.33%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y