LAKELAND BANCORP INC (LBAI) Fundamental Analysis & Valuation

NASDAQ:LBAI • US5116371007

Current stock price

13.43 USD
+0.15 (+1.13%)
At close:
13.43 USD
0 (0%)
After Hours:

This LBAI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. LBAI Profitability Analysis

1.1 Basic Checks

  • LBAI had positive earnings in the past year.
  • LBAI had a positive operating cash flow in the past year.
  • Each year in the past 5 years LBAI has been profitable.
  • LBAI had a positive operating cash flow in each of the past 5 years.
LBAI Yearly Net Income VS EBIT VS OCF VS FCFLBAI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

1.2 Ratios

  • LBAI has a Return On Assets (0.76%) which is in line with its industry peers.
  • LBAI's Return On Equity of 7.11% is on the low side compared to the rest of the industry. LBAI is outperformed by 65.45% of its industry peers.
Industry RankSector Rank
ROA 0.76%
ROE 7.11%
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
LBAI Yearly ROA, ROE, ROICLBAI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 28.70%, LBAI is in the better half of the industry, outperforming 75.43% of the companies in the same industry.
  • 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 RankSector Rank
OM N/A
PM (TTM) 28.7%
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
LBAI Yearly Profit, Operating, Gross MarginsLBAI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30

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1

2. LBAI Health Analysis

2.1 Basic Checks

  • LBAI does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for LBAI remains at a similar level compared to 1 year ago.
  • Compared to 1 year ago, LBAI has an improved debt to assets ratio.
LBAI Yearly Shares OutstandingLBAI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M
LBAI Yearly Total Debt VS Total AssetsLBAI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B 10B

2.2 Solvency

  • LBAI has a debt to FCF ratio of 8.02. This is a slightly negative value and a sign of low solvency as LBAI would need 8.02 years to pay back of all of its debts.
  • LBAI's Debt to FCF ratio of 8.02 is on the low side compared to the rest of the industry. LBAI is outperformed by 75.43% of its industry peers.
  • LBAI has a Debt/Equity ratio of 0.68. This is a neutral value indicating LBAI is somewhat dependend on debt financing.
  • LBAI has a Debt to Equity ratio of 0.68. This is in the lower half of the industry: LBAI underperforms 77.62% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 8.02
Altman-Z N/A
ROIC/WACCN/A
WACC13.07%
LBAI Yearly LT Debt VS Equity VS FCFLBAI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
LBAI Yearly Current Assets VS Current LiabilitesLBAI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. LBAI Growth Analysis

3.1 Past

  • The earnings per share for LBAI have decreased strongly by -24.26% in the last year.
  • LBAI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.06% yearly.
  • The Revenue for LBAI has decreased by -15.46% in the past year. This is quite bad
  • LBAI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.39% yearly.
EPS 1Y (TTM)-24.26%
EPS 3Y4.55%
EPS 5Y-1.06%
EPS Q2Q%0%
Revenue 1Y (TTM)-15.46%
Revenue growth 3Y9.33%
Revenue growth 5Y9.39%
Sales Q2Q%-17.32%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.66% on average over the next years.
  • Based on estimates for the next years, LBAI will show a small growth in Revenue. The Revenue will grow by 2.41% on average per year.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
LBAI Yearly Revenue VS EstimatesLBAI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
LBAI Yearly EPS VS EstimatesLBAI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

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4

4. LBAI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 10.49 indicates a reasonable valuation of LBAI.
  • Compared to the rest of the industry, the Price/Earnings ratio of LBAI is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 26.21. LBAI is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 9.40 indicates a reasonable valuation of LBAI.
  • LBAI's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 23.13. LBAI is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.49
Fwd PE 9.4
LBAI Price Earnings VS Forward Price EarningsLBAI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of LBAI is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 8.79
EV/EBITDA N/A
LBAI Per share dataLBAI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.66%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

8

5. LBAI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.32%, LBAI is a good candidate for dividend investing.
  • LBAI's Dividend Yield is a higher than the industry average which is at 2.73.
  • Compared to an average S&P500 Dividend Yield of 1.89, LBAI pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.32%

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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.26%
Div Incr Years13
Div Non Decr Years13
LBAI Yearly Dividends per shareLBAI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • LBAI pays out 45.41% of its income as dividend. 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.
DP45.41%
EPS Next 2Y5.66%
EPS Next 3YN/A
LBAI Yearly Income VS Free CF VS DividendLBAI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
LBAI Dividend Payout.LBAI Dividend Payout, showing the Payout Ratio.LBAI Dividend Payout.PayoutRetained Earnings

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LBAI Fundamentals: All Metrics, Ratios and Statistics

LAKELAND BANCORP INC

NASDAQ:LBAI (5/15/2024, 8:00:03 PM)

After market: 13.43 0 (0%)

13.43

+0.15 (+1.13%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-19
Earnings (Next)07-25
Inst Owners12.01%
Inst Owner Change0%
Ins Owners3.05%
Ins Owner Change0%
Market Cap874.96M
Revenue(TTM)292.29M
Net Income(TTM)83.88M
Analysts45.71
Price Target14.36 (6.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.32%
Yearly Dividend0.59
Dividend Growth(5Y)5.26%
DP45.41%
Div Incr Years13
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.28%
Min EPS beat(2)-6.78%
Max EPS beat(2)9.34%
EPS beat(4)1
Avg EPS beat(4)-3.79%
Min EPS beat(4)-14.75%
Max EPS beat(4)9.34%
EPS beat(8)3
Avg EPS beat(8)-7.57%
EPS beat(12)6
Avg EPS beat(12)-4.3%
EPS beat(16)9
Avg EPS beat(16)-1.32%
Revenue beat(2)0
Avg Revenue beat(2)-5.21%
Min Revenue beat(2)-5.45%
Max Revenue beat(2)-4.96%
Revenue beat(4)0
Avg Revenue beat(4)-5.27%
Min Revenue beat(4)-5.8%
Max Revenue beat(4)-4.85%
Revenue beat(8)1
Avg Revenue beat(8)-4.09%
Revenue beat(12)1
Avg Revenue beat(12)-3.79%
Revenue beat(16)2
Avg Revenue beat(16)-3.3%
PT rev (1m)-8.16%
PT rev (3m)-8.16%
EPS NQ rev (1m)-1.89%
EPS NQ rev (3m)-1.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.3%
Revenue NQ rev (1m)-2.5%
Revenue NQ rev (3m)-2.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.98%
Valuation
Industry RankSector Rank
PE 10.49
Fwd PE 9.4
P/S 2.99
P/FCF 8.79
P/OCF 8.46
P/B 0.74
P/tB 0.97
EV/EBITDA N/A
EPS(TTM)1.28
EY9.53%
EPS(NY)1.43
Fwd EY10.64%
FCF(TTM)1.53
FCFY11.37%
OCF(TTM)1.59
OCFY11.82%
SpS4.49
BVpS18.1
TBVpS13.83
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.76%
ROE 7.11%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 28.7%
GM N/A
FCFM 34.05%
ROA(3y)0.96%
ROA(5y)0.93%
ROE(3y)9.36%
ROE(5y)9.04%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score5
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 8.02
Debt/EBITDA N/A
Cap/Depr 51.31%
Cap/Sales 1.33%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 118.65%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC13.07%
ROIC/WACCN/A
Cap/Depr(3y)79.32%
Cap/Depr(5y)120.35%
Cap/Sales(3y)1.81%
Cap/Sales(5y)2.26%
Profit Quality(3y)113.11%
Profit Quality(5y)118.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-24.26%
EPS 3Y4.55%
EPS 5Y-1.06%
EPS Q2Q%0%
EPS Next Y-8.84%
EPS Next 2Y5.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-15.46%
Revenue growth 3Y9.33%
Revenue growth 5Y9.39%
Sales Q2Q%-17.32%
Revenue Next Year-7.29%
Revenue Next 2Y2.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y10.21%
FCF growth 3Y12.56%
FCF growth 5Y8.39%
OCF growth 1Y9.55%
OCF growth 3Y10.79%
OCF growth 5Y7.8%

LAKELAND BANCORP INC / LBAI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of LAKELAND BANCORP INC (LBAI) stock?

ChartMill assigns a fundamental rating of 3 / 10 to LBAI.


Can you provide the valuation status for LAKELAND BANCORP INC?

ChartMill assigns a valuation rating of 4 / 10 to LAKELAND BANCORP INC (LBAI). This can be considered as Fairly Valued.


How profitable is LAKELAND BANCORP INC (LBAI) stock?

LAKELAND BANCORP INC (LBAI) has a profitability rating of 3 / 10.


Can you provide the expected EPS growth for LBAI stock?

The Earnings per Share (EPS) of LAKELAND BANCORP INC (LBAI) is expected to decline by -8.84% in the next year.


Can you provide the dividend sustainability for LBAI stock?

The dividend rating of LAKELAND BANCORP INC (LBAI) is 8 / 10 and the dividend payout ratio is 45.41%.