LBAI
Lakeland Bancorp Inc
Price:  
13.43 
USD
Volume:  
1,361,427.00
United States | Banks
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LBAI Fair Value

-3.13 %
Upside

As of 2024-05-19, the Fair Value of Lakeland Bancorp Inc (LBAI) is 13.01 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 13.43 USD, the upside of Lakeland Bancorp Inc is -3.13%.

13.43 USD
Stock Price
13.01 USD
Fair Price
FAIR VALUE CALCULATION

LBAI Fair Value

Peter Lynch's formula is:

LBAI Fair Value
= Earnings Growth Rate x TTM EPS
LBAI Fair Value
= 10.00 x 1.30
LBAI Fair Value
= 13.01

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 70.70 57.50 95.00 107.40 84.74 83.07
YoY growth 11.51% -18.67% 65.22% 13.05% -21.10% 10.00%

LBAI Fair Value - Key Data

Market Cap (mil) 874.96
P/E 10.33x
Forward P/E 10.02x
EPS 1.30
Avg earnings growth rate 10.00%
TTM earnings 84.73