Return On Equity ratio Analysis of Lakeland Bancorp Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Not Good ROE
8.40
Period Ending - Dec-22
Not Good ROE
9.69
Growth
-13.25 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Not Good ROE
7.38
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
1.68
ROE Analysis of Lakeland Bancorp Inc
ROE Ratio of LBAI has fallen by -13.25 % Compared to previous Financial Year. |
ROE Ratio with value of 11.49 was highest in Year Dec-21 in last Five Years. |
ROE Ratio with value of 7.53 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 8.40 is lower than Average ROE of 9.37 in last five years. |
Other ROE 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 Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Very Low Profitability Stock |
FY - Historical Return On Equity of Lakeland Bancorp Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 8.40 | 9.69 | 11.49 | 7.53 | 9.74 | 10.16 | 9.02 |
Change | -13.25 % | -15.72 % | 52.60 % | -22.72 % | -4.14 % | 12.73 % | 19.46 % |
FY Chart of Return On Equity of Lakeland Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)