Lakeland Bancorp (FRA:LKL) Net Interest Income (for Banks) : €248.0 Mil (As of Mar. 2024)

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What is Lakeland Bancorp Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Lakeland Bancorp's net interest income for the three months ended in Mar. 2024 was €57.6 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €248.0 Mil.

Lakeland Bancorp's quarterly net interest income declined from Sep. 2023 (€64.6 Mil) to Dec. 2023 (€59.9 Mil) and declined from Dec. 2023 (€59.9 Mil) to Mar. 2024 (€57.6 Mil).

Lakeland Bancorp's annual net interest income increased from Dec. 2021 (€207.8 Mil) to Dec. 2022 (€295.1 Mil) but then declined from Dec. 2022 (€295.1 Mil) to Dec. 2023 (€258.3 Mil).

Lakeland Bancorp Net Interest Income (for Banks) Historical Data

The historical data trend for Lakeland Bancorp's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lakeland Bancorp Net Interest Income (for Banks) Chart

Lakeland Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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176.43

170.72

207.83

295.11

258.30

Lakeland Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															70.91	66.03	64.57	59.89	57.55

Lakeland Bancorp Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €248.0 Mil.

Lakeland Bancorp (FRA:LKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeland Bancorp Inc (FRA:LKL) » Definitions » Net Interest Income (for Banks)

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LBAI:USA

Address

250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438

Website

https://www.lakelandbank.com

Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.

Lakeland Bancorp (FRA:LKL) Headlines

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