Lakeland Bancorp, Inc., founded in 1989 and headquartered in Oak Ridge, New Jersey, serves the financial needs of individuals and businesses in its regional market. The company operates as the parent of Lakeland Bank, providing a range of services including personal and commercial banking, residential and commercial mortgage lending, as well as investment and insurance services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LBAI 2.88% 2031-09-15 USDLakeland Bancorp, Inc. | United States | 2031-09-15 | 2.875 | 6.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Lakeland Bancorp has established a noteworthy presence in the bond market, issuing its first bonds in the early 2000s. Notably, the company has issued subordinated debt to enhance its capital structure, with its most recent issuance designed to support growth initiatives and competitive positioning. Current yields on Lakeland bonds trend favorably against industry averages, reflecting strong investor interest driven by the bank's stable performance and strategic growth. In recent news, Lakeland announced plans to explore additional bond offerings to finance further expansion.