Lakeland Bancorp stock enters merger history after 2024 deal
Published on 09/24/2026 at 00:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lakeland Bancorp stock enters merger history after the company completed a major banking transaction on May 16, 2024. A filing updated September 23, 2026, states that the merger added USD 10.59 billion in assets and USD 7.91 billion in loans.
The merger changed the scale
The transaction also added USD 8.62 billion in deposits and 68 full-service banking offices across New Jersey and New York, according to StockTitan. The figures show that Lakeland Bancorp contributed a substantial operating footprint rather than a small branch addition.
The asset contribution was 33.8 percent larger than the loan contribution, based on the reported USD 10.59 billion of assets compared with USD 7.91 billion of loans. Deposits stood USD 0.71 billion above loans, giving the transaction a larger funding base than its acquired lending book.
LBAI remains a historical marker
Lakeland Bancorp's former LBAI ticker identifies the standalone company before the May 16, 2024 merger. The transaction added 68 offices, making branch integration a central measure of the deal's operating reach.
The merger figures remain relevant because they define the scale of the banking franchise that Lakeland Bancorp brought into the combined organization. For investors researching historical LBAI data, the USD 10.59 billion asset contribution provides the clearest measure of the company's balance-sheet importance at the transaction date.
Merger scale in four figures
Lakeland Bancorp contributed USD 10.59 billion in assets, USD 7.91 billion in loans, USD 8.62 billion in deposits and 68 full-service offices on May 16, 2024. Those figures place the former LBAI business firmly in the context of a large regional banking combination.
Lakeland Bancorp company profile
- Company: Lakeland Bancorp, Inc.
- Ticker: LBAI
- Sector / Industry: Financial Services / Banking
