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Lakeland Bancorp, Inc. (LBAI)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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11.17+0.04 (+0.36%)
At close: 04:00PM EDT
11.21 +0.04 (+0.36%)
Pre-market: 08:44AM EDT

Lakeland Bancorp, Inc.

250 Oak Ridge Road
Oak Ridge, NJ 07438
United States
973 697 2000
https://www.lakelandbank.com

Sector(s)Financial Services
IndustryBanks - Regional
Full-time employees826

Key executives

NameTitlePayExercisedYear born
Mr. Thomas J. Shara Jr.President, CEO & Director1.95MN/A1958
Mr. Thomas F. Splaine Jr.Executive VP & CFO798.78kN/A1966
Mr. Ronald E. SchwarzSenior EVP & COO858.38kN/A1955
Mr. Timothy J. MattesonExecutive VP, Chief Administrative Officer, General Counsel & Corporate Secretary728.37kN/A1969
Mr. James M. NigroExecutive VP & Chief Risk Officer737.79kN/A1968
Mr. Sing Loy HoExecutive VP & Chief Information OfficerN/AN/A1961
Mr. David S. YanagisawaExecutive VP & Senior Loan Officer398.35kN/A1952
Ms. Ellen LalwaniExecutive VP & Chief Banking OfficerN/AN/A1965
Mr. Stephen C. NovakExecutive VP, Sr. Commercial Real Estate Officer & Group Leader of Lakeland BankN/AN/AN/A
Ms. Karen GarreraExecutive VP & Chief Retail OfficerN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that provides financial products and services for businesses and consumers. It provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. The company also offers lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, small business administration loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services to the business community and municipal relationships; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services comprising checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services; life insurance products; and non-deposit products, such as securities brokerage services, including mutual funds, variable annuities, and insurance. The company was founded in 1969 and is headquartered in Oak Ridge, New Jersey.

Corporate governance

Lakeland Bancorp, Inc.’s ISS governance QualityScore as of 1 March 2024 is 4. The pillar scores are Audit: 9; Board: 4; Shareholder rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.