Lakeland Bancorp Inc (LBAI)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 03-2024 | 12-2023 | 09-2023 | 06-2023 | 03-2023 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 19,795 | 84,740 | 64,672 | 42,433 | 19,805 |
| Depreciation Amortization | 4,080 | 17,111 | 12,359 | 8,073 | 3,846 |
| Income taxes - deferred | N/A | -1,017 | N/A | N/A | N/A |
| Other Working Capital | 2,771 | 149 | 562 | 2,408 | 4,241 |
| Loans | 99 | -128 | -715 | -26 | 536 |
| Other Operating Activity | -2,134 | 14,750 | 13,474 | 11,132 | 8,333 |
| Operating Cash Flow | $24,611 | $115,605 | $90,352 | $64,020 | $36,761 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -825 | -3,136 | -4,289 | -3,498 | -2,012 |
| Purchase Of Investment | -296 | -246,696 | -191,127 | -124,526 | -3,388 |
| Sale Of Investment | 41,901 | 432,601 | 340,318 | 211,518 | 47,730 |
| Net Loans | 23,830 | -473,341 | -424,352 | -232,516 | -85,085 |
| Other Investing Activity | 10 | 0 | 1,930 | 1,925 | 1,919 |
| Investing Cash Flow | $64,620 | $-290,572 | $-277,520 | $-147,097 | $-40,836 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -111,195 | -14,646 | -29 | 209,921 | 84,531 |
| Debt Issued | N/A | 300,000 | 300,000 | N/A | N/A |
| Dividend Paid | -9,520 | -38,071 | -28,549 | -19,029 | -9,500 |
| Other Financing Activity | -780 | -1,550 | -1,550 | -1,535 | -1,493 |
| Financing Cash Flow | $-202,267 | $259,672 | $305,043 | $66,669 | $43,067 |
| Beginning Cash Position | 320,655 | 235,950 | 235,950 | 235,950 | 235,950 |
| End Cash Position | 207,619 | 320,655 | 353,825 | 219,542 | 274,942 |
| Net Cash Flow | $-113,036 | $84,705 | $117,875 | $-16,408 | $38,992 |
| Free Cash Flow | |||||
| Operating Cash Flow | 24,611 | 115,605 | 90,352 | 64,020 | 36,761 |
| Capital Expenditure | -825 | -5,069 | -4,289 | -3,498 | -2,012 |
| Free Cash Flow | 23,786 | 110,536 | 86,063 | 60,522 | 34,749 |