Return On Asset ratio Analysis of Lakeland Bancorp Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
0.882
Period Ending - Dec-22
Poor ROA
0.996
Growth
-11.41 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
0.770
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.181
ROA Analysis of Lakeland Bancorp Inc
ROA Ratio of Lakeland Bancorp Inc with value of 0.770 means poor return on Assets in trailing twelve months. |
ROA Ratio of Lakeland Bancorp Inc with value of 0.181 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of LBAI has fallen by -11.41 % Compared to previous Financial Year. |
ROA Ratio with value of 1.16 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of 0.750 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 0.882 is lower than Average ROA of 0.968 in last five years. |
Other ROA Related Info of LBAI that may interest you.
Lakeland Bancorp Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LBAI | 13.43 | 13.28 | 1.13 % | Banks-Regional |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Very Low Profitability Stock |
FY - Historical Return On Asset of Lakeland Bancorp Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 0.882 | 0.996 | 1.16 | 0.750 | 1.05 | 1.09 | 0.973 |
Change | -11.41 % | -14.12 % | 54.48 % | -28.73 % | -3.57 % | 12.26 % | 19.32 % |
FY Chart of Return On Asset of Lakeland Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)