Lakeland Bancorp
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Lakeland Bancorp's balance sheet done over the years? Its assets were worth $11,148,520,000 last year, which is more than in the previous period. 90% of Lakeland Bancorp’s total assets is currently financed by debt. Its liabilities reached the amount of $9,979,151,000, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 3538325000 | 3.15B | 89.28% |
|---|---|---|---|
| 2015 | 3869550000 | 3.46B | 89.65% |
| 2016 | 5093131000 | 4.54B | 89.2% |
| 2017 | 5405639000 | 4.82B | 89.21% |
| 2018 | 5806093000 | 5.18B | 89.26% |
| 2019 | 6711236000 | 303.85M | 4.53% |
| 2020 | 7664297000 | 161.44M | 2.11% |
| 2021 | 8198056000 | 220.56M | 2.69% |
| 2022 | 10783840000 | 9.67B | 89.72% |
| 2023 | 11148520000 | 9.97B | 89.51% |
LBAI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 320.65M | 235.95M | 228.53M | 270.09M | 282.37M | 208.59M | 142.93M | 175.80M | 118.49M | 109.31M |
Short term investments | 946.28M | 1.05B | 769.95M | 855.74M | 755.9M | 638.61M | 646.13M | 606.70M | 442.34M | 457.44M |
Net receivables | 0 | 33.37M | 19.20M | 19.33M | 16.83M | 16.11M | 14.41M | 12.55M | 9.20M | 8.89M |
Inventory | 255.85M | -269.32M | -247.73M | -289.42M | -299.20M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 269.32M | 247.73M | 289.42M | 299.20M | 3.94B | 3.62B | 3.35B | 2.59B | 2.24B |
Total current assets | 358.16M | 1.32B | 1.01B | 1.14B | 1.05B | 4.81B | 4.43B | 4.14B | 3.16B | 2.82B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 68.85M | 75.48M | 61.13M | 65.26M | 65.89M | 49.17M | 50.31M | 52.23M | 35.88M | 35.67M |
Goodwill | 271.82M | 271.82M | 156.27M | 156.27M | 156.27M | 136.43M | 136.43M | 136.39M | 109.97M | 109.97M |
Intangible assets | 7.05M | 9.08M | 2.42M | 3.28M | 4.31M | 1.76M | 2.36M | 3.34M | 1.54M | 1.96M |
Long term investments | 168.03M | 1.99B | 1.61B | 961.20M | 896.34M | 808.18M | 785.82M | 754.31M | 559.08M | 565.42M |
Other non-current assets | 10.21B | -49.77M | -17.31M | -29.18M | -20.86M | -20.54M | -17.93M | -24.44M | 0 | 0 |
Total non-current assets | 10.79B | 2.35B | 1.83B | 1.18B | 1.12B | 995.56M | 974.92M | 945.64M | 706.48M | 713.03M |
Total assets | 11.14B | 10.78B | 8.19B | 7.66B | 6.71B | 5.80B | 5.40B | 5.09B | 3.86B | 3.53B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 21.44M | 16.52M | 18.18M | 387.83M | 274.16M | 0 | 171.39M | 0 | 0 |
Total current liabilities | 3.53B | 21.44M | 16.52M | 18.18M | 1.51B | 1.22B | 1.14B | 1.09B | 0 | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 536.59M | 240.71M | 220.56M | 161.44M | 303.85M | 286.14M | 296.91M | 365.65M | 253.13M | 173.73M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 60.72M | 9.43B | -220.56M | -161.44M | -303.85M | 41.63M | 3.39B | -45.89M | -253.13M | -173.73M |
Total non-current liabilities | 6.44B | 9.67B | 220.56M | 161.44M | 303.85M | 286.14M | 276.91M | 325.65M | 253.14M | 173.73M |
Total liabilities | 9.97B | 9.67B | 220.56M | 161.44M | 303.85M | 5.18B | 4.82B | 4.54B | 3.46B | 3.15B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |