Valuation check: LBAI's profit margin is 20.09%, above the Finance sector average of 17.31%.
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+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
Lakeland Bancorp posts a profit margin of 20.09% as of March 2024. That compares with 27.83% in the prior-year period — down 27.8% year over year. That is above the Finance sector average of 17.31%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Lakeland Bancorp's profit margin was 27.83%. The latest reading is 20.09% — a 27.8% year-over-year decrease (period ending March 2024). Use the history and growth charts on this page for a longer lookback.
For Finance stocks, a profit margin near 17.31% is typical. Lakeland Bancorp's 20.09% is higher that level. That is roughly 16.0% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Lakeland Bancorp's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 20.09% as of March 2024; use YoY and peer views to separate noise from signal.
Context for LBAI's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 17.31%), and (3) consistency with growth and profitability. This page covers the first two; Lakeland Bancorp's other metric pages and overview cover the third.