13.43 USD
+0.15 (+1.13%)
At close: May 15, 2024
13.43 USD
0 (0%)
After Hours: 5/15/2024, 8:00:03 PM
Taking everything into account, LBAI scores 3 out of 10 in our fundamental rating. LBAI was compared to 383 industry peers in the Banks industry. LBAI has a bad profitability rating. Also its financial health evaluation is rather negative. LBAI is valued correctly, but it does not seem to be growing. Finally LBAI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- LBAI had positive earnings in the past year.
- In the past year LBAI had a positive cash flow from operations.
- LBAI had positive earnings in each of the past 5 years.
- In the past 5 years LBAI always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 0.76%, LBAI perfoms like the industry average, outperforming 45.99% of the companies in the same industry.
- 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 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
- With a decent Profit Margin value of 28.70%, LBAI is doing good in the industry, outperforming 75.43% of the companies in the same industry.
- In the last couple of years the Profit Margin of LBAI has declined.
- LBAI does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
- Compared to 1 year ago, LBAI has about the same amount of shares outstanding.
- The debt/assets ratio for LBAI has been reduced compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of LBAI is 8.02, which is on the high side as it means it would take LBAI, 8.02 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of LBAI (8.02) is worse than 75.43% of its industry peers.
- A Debt/Equity ratio of 0.68 indicates that LBAI is somewhat dependend on debt financing.
- LBAI's Debt to Equity ratio of 0.68 is on the low side compared to the rest of the industry. LBAI is outperformed by 77.62% of its industry peers.
| 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
- 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.
- Looking at the last year, LBAI shows a very negative growth in Revenue. The Revenue has decreased by -15.46% in the last year.
- Measured over the past years, LBAI shows a quite strong growth in Revenue. The Revenue has been growing by 9.39% on average per year.
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
- LBAI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.66% yearly.
- 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
- A Price/Earnings ratio of 10.49 indicates a reasonable valuation of LBAI.
- The rest of the industry has a similar Price/Earnings ratio as LBAI.
- The average S&P500 Price/Earnings ratio is at 28.39. LBAI is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 9.40 indicates a reasonable valuation of LBAI.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LBAI is on the same level as its industry peers.
- LBAI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.72.
| 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.
- LBAI's Dividend Yield is a higher than the industry average which is at 2.65.
- Compared to an average S&P500 Dividend Yield of 1.82, LBAI pays a better dividend.
| 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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
- LBAI's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP45.41%
EPS Next 2Y5.66%
EPS Next 3YN/A
LAKELAND BANCORP INC / LBAI 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.
What is the profitability of LBAI stock?
LAKELAND BANCORP INC (LBAI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of LAKELAND BANCORP INC (LBAI) stock?
The Price/Earnings (PE) ratio for LAKELAND BANCORP INC (LBAI) is 10.49 and the Price/Book (PB) ratio is 0.74.
How financially healthy is LAKELAND BANCORP INC?
The financial health rating of LAKELAND BANCORP INC (LBAI) is 1 / 10.