Lakeland Bancorp (LBAI)

Overall impact
C (42)

Commentary

Lakeland Bancorp is an average overall performer. With a 'C' rating of 41.9 for overall impact (26th percentile compared to all companies), Lakeland Bancorp ranks 53rd out of 67 industry peers, behind Ameriserv Financial, Ames National, Bankwell Financial and 49 others, and ahead of Webster Financial, Smart Financial, Customers Bancorp and 11 others. On top material causes for Lakeland Bancorp's industry (Banking), Lakeland Bancorp performs poorly in Fair Labor Practices (33.7 score), Affordable, Safe Housing (20.1), Quality Lifelong Education (18.1) and 10 other causes where it received a 'D' or 'F' score. Lakeland Bancorp did not receive an 'A' rating on any cause.
Impact
Cause LBAI
Peer rank
Overall impact

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Impact trend

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Company
Employees
826
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Nj, United States
Share classes
LBAI
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. Additionally, it provides 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.
Material causes
Ethos considers the following causes material for Lakeland Bancorp, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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