Brief: Lakeland Bancorp Q1 earnings per share $0.22

Lakeland Bancorp

23/04/2015 14:03

April 23 (Reuters) - Lakeland Bancorp Inc  LBAI.O : 
 * Reports 16% increase in net income and raises cash dividend 
 * Q1 earnings per share $0.22 
 * Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S 
 * Increases quarterly dividend by 13 percent 
 * Says loans totaling $2.69 billion at March 31, 2015 increased by $36.1 
   million from December 31, 2014 
 * Net interest margin in the first quarter of 2015 was 3.56%, which compared to 
   3.58% for the fourth quarter of 2014 
 * Provision for loan and lease losses in first quarter of 2015 was $0.9 million 
   compared to $1.5 million for the same period in 2014 
 * Net interest income for the first quarter of 2015 was $28.5 million, as 
   compared to $27.8 million 
 
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