Lakeland Bancorp, Inc.
 (LBAI)

- NASDAQ
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Jan. 29, 2013, 9:27 AM

    There's more M&A action in the community banking sector, where Somerset Hills Bancorp (SOMH) agrees to a $12/share buyout offer from Lakeland Bancorp (LBAI). Somerset's last reported book value/share was $7.79, so the deal is getting done at 1.54X book ... nice. Somerset +28% premarket. (PR)

    | Jan. 29, 2013, 9:27 AM
Company Description
Lakeland Bancorp Inc, through its subsidiary offers lending, depository, and related financial services to individuals and small to medium sized businesses. It also offers a range of consumer banking services.