LAKELAND BANCORP INC (LBAI) Stock Fundamental Analysis
USA - NASDAQ:LBAI - US5116371007 - Common Stock
13.43 USD
+0.15 (+1.13%)
13.43 USD
0 (0%)
Taking everything into account, LBAI scores 3 out of 10 in our fundamental rating. LBAI was compared to 392 industry peers in the Banks industry. LBAI may be in some trouble as it scores bad on both profitability and health. LBAI has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally LBAI also has an excellent dividend rating.
1. Profitability
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.
Each year in the past 5 years LBAI had a positive operating cash flow.
1.2 Ratios
LBAI's Return On Assets of 0.76% is in line compared to the rest of the industry. LBAI outperforms 45.99% of its industry peers.
LBAI has a worse Return On Equity (7.11%) than 65.45% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
The Profit Margin of LBAI (28.70%) is better than 75.43% of its industry peers.
In the last couple of years the Profit Margin of LBAI has declined.
The Operating Margin and Gross Margin are not available for LBAI so they could not be analyzed.
| Industry Rank | Sector 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
2. Health
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 5 years ago, LBAI has more shares outstanding
The debt/assets ratio for LBAI has been reduced compared to a year ago.
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 has a Debt to FCF ratio of 8.02. This is in the lower half of the industry: LBAI underperforms 75.43% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that LBAI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.68, LBAI is not doing good in the industry: 77.62% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.02 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.07%
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%.
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
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 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.
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
Based on the Price/Earnings ratio of 10.49, the valuation of LBAI can be described as reasonable.
The rest of the industry has a similar Price/Earnings ratio as LBAI.
Compared to an average S&P500 Price/Earnings ratio of 27.41, LBAI is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.40, the valuation of LBAI can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LBAI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, LBAI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.49 | ||
| Fwd PE | 9.4 |
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.79 | ||
| 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
LBAI has a Yearly Dividend Yield of 4.32%, which is a nice return.
Compared to an average industry Dividend Yield of 3.73, LBAI pays a bit more dividend than its industry peers.
LBAI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector 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
5.3 Sustainability
45.41% 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.
DP45.41%
EPS Next 2Y5.66%
EPS Next 3YN/A
13.43
+0.15 (+1.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners12.01%
Inst Owner Change0%
Ins Owners3.05%
Ins Owner Change0%
Market Cap874.96M
Analysts45.71
Price Target14.36 (6.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector 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
Profitability
| Industry Rank | Sector 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
ROICexcg growth 3YN/A
ROICexcg 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 Rank | Sector 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%