Lakeland Bancorp Inc - Company Profile
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Lakeland Bancorp Inc (LBI) is a bank holding company. Cash position, capital adequacy, financial leverage are a few of its key strengths, even as limited geographic presence and cost efficiency could be a cause for concern. The emergence of fintech, short-term economic outlook in the US, growing wealth management prospects, and payment channels in the US could offer ample growth opportunities to LBI. However, regulatory requirements in the US, risks related to online identity theft and hacking, and competition may affect the growth of the company.
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