Lakeland Bancorp (LBAI) - Net assets

Net assets on the balance sheet as of March 2024 : C$1.64 Billion

According to Lakeland Bancorp's latest financial reports the company has C$1.64 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lakeland Bancorp - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$1.55 B	3.1%
2022-12-31	$C$1.50 B	42.73%
2021-12-31	$C$1.05 B	8.23%
2020-12-31	$C$0.97 B	2.81%
2019-12-31	$C$0.94 B	11.48%
2018-12-31	$C$0.84 B	15.89%
2017-12-31	$C$0.73 B	-0.82%
2016-12-31	$C$0.73 B	33.04%
2015-12-31	$C$0.55 B	26.18%
2014-12-31	$C$0.44 B	17.71%
2013-12-31	$C$0.37 B	33.94%
2012-12-31	$C$0.27 B	5.69%
2011-12-31	$C$0.26 B	1.4%
2010-12-31	$C$0.26 B	-7.58%
2009-12-31	$C$0.28 B	4.96%
2008-12-31	$C$0.26 B	27.26%
2007-12-31	$C$0.21 B	-9.12%
2006-12-31	$C$0.23 B	4.03%
2005-12-31	$C$0.22 B	-4.45%
2004-12-31	$C$0.23 B	62.36%
2003-12-31	$C$0.14 B	0.4%
2002-12-31	$C$0.14 B	5.17%
2001-12-31	$C$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	C$0.41 B	-74.86%	🇺🇸 USA
Unity Bancorp UNTY	C$0.38 B	-76.82%	🇺🇸 USA
Peapack-Gladstone Financial PGC	C$0.84 B	-48.48%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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