Lakeland Bancorp (LBAI) - Net assets

Net assets on the balance sheet as of March 2024 : S$1.59 Billion

According to Lakeland Bancorp's latest financial reports the company has S$1.59 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	$S$1.54 B	3.92%
2022-12-31	$S$1.48 B	32.93%
2021-12-31	$S$1.11 B	10.65%
2020-12-31	$S$1.01 B	3.34%
2019-12-31	$S$0.97 B	14.75%
2018-12-31	$S$0.85 B	9.26%
2017-12-31	$S$0.77 B	-2.03%
2016-12-31	$S$0.79 B	40.52%
2015-12-31	$S$0.56 B	13%
2014-12-31	$S$0.50 B	12.6%
2013-12-31	$S$0.44 B	29.63%
2012-12-31	$S$0.34 B	2.09%
2011-12-31	$S$0.33 B	0.18%
2010-12-31	$S$0.33 B	-10.74%
2009-12-31	$S$0.37 B	19.07%
2008-12-31	$S$0.31 B	3.77%
2007-12-31	$S$0.30 B	-0.46%
2006-12-31	$S$0.30 B	-4.2%
2005-12-31	$S$0.31 B	0.61%
2004-12-31	$S$0.31 B	68.37%
2003-12-31	$S$0.18 B	19.69%
2002-12-31	$S$0.15 B	-0.57%
2001-12-31	$S$0.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	S$0.40 B	-74.86%	🇺🇸 USA
Unity Bancorp UNTY	S$0.38 B	-75.90%	🇺🇸 USA
Peapack-Gladstone Financial PGC	S$0.82 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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