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Lakeland Bancorp, Inc. (LBAI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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20.43+0.03 (+0.15%)
At close: 04:00PM EST
20.43 0.00 (0.00%)
After hours: 04:00PM EST
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Lakeland Bancorp, Inc.

250 Oak Ridge Road
Oak Ridge, NJ 07438-8906
United States
973 697 2000
https://www.lakelandbank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees666

Key Executives

NameTitlePayExercisedYear Born
Mr. Thomas J. Shara Jr.Pres, CEO & Director1.41MN/A1958
Mr. Thomas F. Splaine Jr.Exec. VP & CFO579.01kN/A1966
Mr. Ronald E. SchwarzSr. EVP & COO635.24kN/A1955
Mr. Timothy J. MattesonExec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec.521.96kN/A1969
Mr. James M. NigroExec. VP & Chief Risk Officer526.22kN/A1968
Mr. John W. FredericksChairman EmeritusN/AN/A1937
Mr. Sing Loy HoExec. VP & Chief Information OfficerN/AN/A1961
Ms. Jenifer ThomaExec. VP & Chief HR OfficerN/AN/AN/A
Mr. David S. YanagisawaExec. VP & Sr. Loan OfficerN/AN/A1952
Ms. Ellen LalwaniExec. VP & Chief Banking OfficerN/AN/A1964
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is 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 various banking products and services for individuals and small to medium sized businesses. The company offers commercial banking services, including savings, money market, and time accounts, as well as demand deposits; lending solutions, such as short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, mortgage loans, small business administration loans, commercial real estate loans, commercial and industrial loans, and equipment financing, as well as merchant credit card services; and internet banking, mobile banking, wire transfer, night depository, and cash management services. It also provides consumer banking services comprising checking accounts, savings accounts, money market accounts, certificates of deposit, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. In addition, the company offers investment advisory services; and non-deposit products, which include securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. It operates 48 branch offices throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and Highland Mills, New York; six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck, and Waldwick; and one commercial lending center in New York to serve the Hudson Valley region. 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 September 26, 2021 is 4. The pillar scores are Audit: 7; Board: 3; Shareholder Rights: 3; Compensation: 7.

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 a 10 indicates higher governance risk.
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