Lakeland Bancorp (LBAI) - Net assets

Net assets on the balance sheet as of March 2024 : A$1.88 Billion

According to Lakeland Bancorp's latest financial reports the company has A$1.88 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	$A$1.71 B	5.36%
2022-12-31	$A$1.62 B	42.81%
2021-12-31	$A$1.14 B	14.84%
2020-12-31	$A$0.99 B	-4.11%
2019-12-31	$A$1.03 B	17%
2018-12-31	$A$0.88 B	18.54%
2017-12-31	$A$0.74 B	-2.12%
2016-12-31	$A$0.76 B	38.79%
2015-12-31	$A$0.54 B	18.58%
2014-12-31	$A$0.46 B	17.68%
2013-12-31	$A$0.39 B	45.77%
2012-12-31	$A$0.27 B	6.67%
2011-12-31	$A$0.25 B	-1.29%
2010-12-31	$A$0.25 B	-13.97%
2009-12-31	$A$0.29 B	-4.74%
2008-12-31	$A$0.31 B	29.39%
2007-12-31	$A$0.24 B	-4.37%
2006-12-31	$A$0.25 B	-3.44%
2005-12-31	$A$0.26 B	4.26%
2004-12-31	$A$0.25 B	68.42%
2003-12-31	$A$0.14 B	-7.35%
2002-12-31	$A$0.16 B	-3.91%
2001-12-31	$A$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	A$0.47 B	-74.86%	🇺🇸 USA
Unity Bancorp UNTY	A$0.45 B	-75.90%	🇺🇸 USA
Peapack-Gladstone Financial PGC	A$0.97 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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