Lakeland Bancorp Inc (LBAI)
N/A x N/A N/A x N/A
Post-market by (Cboe BZX)
13.43 +0.15 (+1.13%) 05/15/24 [NASDAQ]
N/A x N/A N/A x N/A
Post-market 13.43 unch (unch) -
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 84,740 | 107,369 | 95,041 | 57,518 | 70,672 |
| Depreciation Amortization | 17,111 | 22,726 | 4,280 | 6,823 | 9,079 |
| Income taxes - deferred | -1,017 | 2,747 | 5,422 | -6,763 | 2,854 |
| Other Working Capital | 149 | -21,023 | -1,408 | 993 | 2,329 |
| Loans | -128 | 6,027 | -608 | 408 | 483 |
| Other Operating Activity | 14,750 | 6,850 | -7,624 | 26,012 | 1,714 |
| Operating Cash Flow | $115,605 | $124,696 | $95,103 | $84,991 | $87,131 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -3,136 | -6,409 | -4,541 | -7,489 | -3,249 |
| Net Acquisitions | N/A | 326,236 | N/A | N/A | 13,454 |
| Purchase Of Investment | -246,696 | -539,987 | -935,093 | -1,026,774 | -337,379 |
| Sale Of Investment | 432,601 | 351,652 | 266,634 | 981,218 | 275,517 |
| Net Loans | -473,341 | -783,353 | 57,710 | -876,021 | -252,441 |
| Other Investing Activity | 0 | 0 | 0 | 1,044 | 121 |
| Investing Cash Flow | $-290,572 | $-651,861 | $-615,290 | $-928,022 | $-303,977 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -14,646 | 622,344 | -63,107 | -159,098 | 94,753 |
| Debt Issued | 300,000 | N/A | 147,738 | 25,000 | 46,260 |
| Debt Repayment | N/A | N/A | -88,330 | -169,948 | -89,353 |
| Common Stock Issued | N/A | N/A | 19 | 0 | 313 |
| Common Stock Repurchased | N/A | N/A | N/A | -1,452 | N/A |
| Dividend Paid | -38,071 | -37,334 | -27,119 | -25,457 | -24,919 |
| Other Financing Activity | -1,550 | -1,956 | -651 | -501 | -715 |
| Financing Cash Flow | $259,672 | $534,585 | $478,627 | $830,750 | $290,618 |
| Beginning Cash Position | 235,950 | 228,530 | 270,090 | 282,371 | 208,599 |
| End Cash Position | 320,655 | 235,950 | 228,530 | 270,090 | 282,371 |
| Net Cash Flow | $84,705 | $7,420 | $-41,560 | $-12,281 | $73,772 |
| Free Cash Flow | |||||
| Operating Cash Flow | 115,605 | 124,696 | 95,103 | 84,991 | 87,131 |
| Capital Expenditure | -5,069 | -6,432 | -4,851 | -7,539 | -5,936 |
| Free Cash Flow | 110,536 | 118,264 | 90,252 | 77,452 | 81,195 |