Lakeland Bancorp (LBAI) - Net assets

Net assets on the balance sheet as of March 2024 : HK$9.15 Billion

According to Lakeland Bancorp's latest financial reports the company has HK$9.15 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	$HK$9.13 B	5.44%
2022-12-31	$HK$8.66 B	34.32%
2021-12-31	$HK$6.44 B	8.91%
2020-12-31	$HK$5.92 B	4.83%
2019-12-31	$HK$5.64 B	15.64%
2018-12-31	$HK$4.88 B	7.21%
2017-12-31	$HK$4.55 B	6.81%
2016-12-31	$HK$4.26 B	37.4%
2015-12-31	$HK$3.10 B	5.48%
2014-12-31	$HK$2.94 B	8%
2013-12-31	$HK$2.72 B	25.17%
2012-12-31	$HK$2.17 B	7.9%
2011-12-31	$HK$2.01 B	-0.55%
2010-12-31	$HK$2.02 B	-2.36%
2009-12-31	$HK$2.07 B	21.7%
2008-12-31	$HK$1.70 B	3.48%
2007-12-31	$HK$1.64 B	6.33%
2006-12-31	$HK$1.55 B	4.35%
2005-12-31	$HK$1.48 B	-1.65%
2004-12-31	$HK$1.51 B	75.8%
2003-12-31	$HK$0.86 B	21.5%
2002-12-31	$HK$0.70 B	6.09%
2001-12-31	$HK$0.66 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Parke Bancorp PKBK	HK$2.30 B	-74.86%	🇺🇸 USA
Unity Bancorp UNTY	HK$2.20 B	-75.90%	🇺🇸 USA
Peapack-Gladstone Financial PGC	HK$4.71 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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