What is the debt of Lakeland Bancorp this year?
Lakeland Bancorp has a debt level of 908.86 USD this year.
In 2024, Lakeland Bancorp's total debt was 908.86 USD, a -1.53% change from the 923 USD total debt recorded in the previous year.
Lakeland Bancorp's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Lakeland Bancorp's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Lakeland Bancorp’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Lakeland Bancorp’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Lakeland Bancorp has a debt level of 908.86 USD this year.
The debt of Lakeland Bancorp has increased by -1.53% compared to the previous year dropped.
High debt can pose a risk for investors of Lakeland Bancorp, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Lakeland Bancorp has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Lakeland Bancorp can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Lakeland Bancorp can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Lakeland Bancorp include investments, acquisitions, operating costs, and revenue development.
The debts of Lakeland Bancorp are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Lakeland Bancorp can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Lakeland Bancorp paid a dividend of 0.58 USD . This corresponds to a dividend yield of about 4.32 %. For the coming 12 months, Lakeland Bancorp is expected to pay a dividend of 0.62 USD.
The current dividend yield of Lakeland Bancorp is 4.32 %.
Lakeland Bancorp pays a quarterly dividend. This is distributed in the months of September, December, March, May.
Lakeland Bancorp paid dividends every year for the past 23 years.
For the upcoming 12 months, dividends amounting to 0.62 USD are expected. This corresponds to a dividend yield of 4.59 %.
Lakeland Bancorp is assigned to the 'Finance' sector.
To receive the latest dividend of Lakeland Bancorp from 5/8/2024 amounting to 0.145 USD, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.
The last dividend was paid out on 5/8/2024.
In the year 2023, Lakeland Bancorp distributed 0.57 USD as dividends.
The dividends of Lakeland Bancorp are distributed in USD.
Our stock analysis for Lakeland Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lakeland Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.