Lakeland Bank - M&A Summary and Business Overview

Financial ServicesCompany

Lakeland Bank M&A Summary

Lakeland Bank has acquired 4 companies, including 1 in the last 5 years.

Lakeland Bank’s largest acquisition to date was in 2021, when it acquired 1st Constitution Bancorp. for $244M. Lakeland Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Lakeland Bank Business Overview

Where is Lakeland Bank headquartered?

Lakeland Bank is headquartered in Oak Ridge, New Jersey.

What is Lakeland Bank’s revenue?

Lakeland Bank disclosed revenue of 304M USD for 2023 and 338M USD for 2022.

How many employees does Lakeland Bank have?

Lakeland Bank has 826 employees.

What sector is Lakeland Bank in?

Lakeland Bank is a financial services company.

When was Lakeland Bank founded?

Lakeland Bank was founded in 1969.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 5

Lakeland Bank

Lakeland Bancorp, Inc.

250 Oak Ridge Road,
Oak Ridge, New Jersey 07438
United States,
(973) 697-2000
www.lakelandbank.com

Lakeland Bank is a holding company for Lakeland Bank offers an extensive array of consumer and commercial financial products and services, including online and mobile banking, localized commercial lending teams, an expanded residential mortgage lending platform and 24-hour-or-less turnaround on consumer loan applications. Lakeland Bank was founded in 1969 and is based in Oak Ridge, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - 1 - - - 4
vol $76M $244M $320M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
1st Constitution Bancorp. 2021-07-12 244M USD Add-on Acquisition
Cranbury, New Jersey · www.1stconstitution.com
Harmony Bank 2016-02-18 32M USD Merger
Lakewood, New Jersey · www.myharmonybank.com
Pascack Bancorp, Inc. 2015-08-04 44M USD Merger
Waldwick, New Jersey · www.pascackbank.com
Somerset Hills Bancorp 2013-05-31 - Add-on Acquisition
Bernardsville, New Jersey · www.somersethillsbank.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 4 (100%) 320M (100%) - -
Total 4 $320M - -

By Geo

State/Country Buy Value Sell Value
United States 4 320M - -
  New Jersey 4 320M - -
Total 4 $320M - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
 2
Raymond James - Investment Banking
 1
Sandler O'Neill + Partners LP
 1
Legal Deals
Lowenstein Sandler
 2
Luse Gorman
 1

Deal Values

buy # Total
$100M to $1B 1 $244M
< $100M 2 $76M
TOTAL $320M
Largest 1st Constitution Bancorp.
$244M (2021-07-12)

Company Summary

SECTOR

Financial Services

Revenue

304   11% 2023
338   32% 2022
257   11% 2021
232   6% 2020
220   14% 2019
194   3% 2018
189   15% 2017
165   2016
(millions of USD) Show More Show Less

Employees

826

Established

1969

Public

NASDAQ: LBAI

 Subscribe to unlock this and 207,814
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Lakeland Bank

New Jersey Companies , Financial Services Companies , United States Companies , New Jersey Financial Services Companies , New Jersey Financial Services with Acquisitions , New Jersey Financial Services with Divestitures

Related Lists for New Jersey Companies

Largest New Jersey Companies , Acquisitive New Jersey Companies , Recently Acquired New Jersey Companies , Recently Sold New Jersey Companies , Private New Jersey Companies , Public New Jersey Companies , Acquired New Jersey Companies , PE Backed New Jersey Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal