Lakeland Bancorp (LBAI) Misses Q2 EPS by 1c
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Lakeland Bancorp Second Quarter Results Driven by Strong Loan Growth
July 22, 2015 9:07 AM EDTOAK RIDGE, N.J., July 22, 2015 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the "Company") reported the following results for the second quarter of 2015:
Net Income in the second quarter of 2015 was $7.9 million, or $0.21 per diluted share, compared to $7.8 million, or $0.20 per diluted share, for the same period in 2014. For the second quarter of 2015, Annualized Return on Average Assets was 0.88%, Annualized Return on Average Common Equity was 8.08%, and Annualized Return on Average Tangible Common Equity was 11.33%. Â Net Income for the first six months of 2015 was $16.2 million, or $0.42 per diluted share,... More