3 Savings & Loan Stocks to Buy Despite Grim Industry Prospects [Yahoo! Finance]
Lakeland Bancorp, Inc. (LBAI)
Last lakeland bancorp, inc. earnings: 4/30 08:00 am
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Source: Yahoo! Finance
Moreover, high interest rates have increased funding costs. This, along with tightening lending standards across the board, is likely to affect lending activities. Nonetheless, inorganic efforts and attractive business models on strong relationship banking will help WSFS Financial Corporation WSFS, Provident Financial Services PFS and Riverview Bancorp RVSB and to tide through the gloom in the banking space. Industry Description The Zacks Savings and Loan industry consists of specialized U.S. banks, which are generally locally owned, with a focus on extending residential mortgage finance. Companies in the industry provide residential mortgages, commercial and industrial mortgages, home equity loans, vehicle loans, and other business loans. The institutions fund mortgages with savings insured by Federal Deposit Insurance Corporation ("FDIC"). They offer high interest rates on savings to attract deposits, enhancing their ability to lend mortgages. Although the firms operate simila
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LBAI
News
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $16.65 to $14.15. They now have a "market perform" rating on the stock.MarketBeat
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Lakeland Bancorp Announces First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Lakeland Bancorp Announces First Quarter ResultsGlobeNewswire
- Lakeland Bancorp, Inc. (NASDAQ: LBAI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
LBAI
Earnings
- 4/19/24 - Beat
LBAI
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- LBAI's page on the SEC website