Lakeland Bancorp (LBAI) - Net assets

Net assets on the balance sheet as of March 2024 : $1.17 Billion USD

According to Lakeland Bancorp's latest financial reports the company has $1.17 Billion USD 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	$$1.16 B	5.48%
2022-12-31	$$1.10 B	34.05%
2021-12-31	$$0.82 B	8.28%
2020-12-31	$$0.76 B	5.31%
2019-12-31	$$0.72 B	16.28%
2018-12-31	$$0.62 B	6.97%
2017-12-31	$$0.58 B	6.01%
2016-12-31	$$0.55 B	37.33%
2015-12-31	$$0.40 B	5.56%
2014-12-31	$$0.37 B	7.97%
2013-12-31	$$0.35 B	25.12%
2012-12-31	$$0.28 B	8.12%
2011-12-31	$$0.25 B	-0.36%
2010-12-31	$$0.26 B	-2.72%
2009-12-31	$$0.26 B	21.29%
2008-12-31	$$0.22 B	4.41%
2007-12-31	$$0.21 B	6.06%
2006-12-31	$$0.19 B	4.02%
2005-12-31	$$0.19 B	-1.42%
2004-12-31	$$0.19 B	75.35%
2003-12-31	$$0.11 B	22.24%
2002-12-31	$$90.76 M	6.08%
2001-12-31	$$85.56 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	$0.29 B	-74.86%	🇺🇸 USA
Unity Bancorp UNTY	$0.28 B	-75.90%	🇺🇸 USA
Peapack-Gladstone Financial PGC	$0.60 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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