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home / news releases / LBAI - Provident Financial Services: An Appealing Prospect As Its Merger With Lakeland Bancorp Nears

LBAI - Provident Financial Services: An Appealing Prospect As Its Merger With Lakeland Bancorp Nears

Lakeland Bancorp Inc.

2024-02-19 05:49:51 ET

Summary

  • Provident Financial Services is a small regional bank with mixed financial performance but an attractive valuation.
  • The bank offers traditional banking products and services, including loans, investments, and some involving wealth management.
  • The bank is in the process of completing a major transaction with Lakeland Bancorp, which could lead to additional gains for investors.
  • Due to the discount, buying Lakeland could be a cheaper way to buy the firm if you believe the merger will be completed.

For further details see:

Provident Financial Services: An Appealing Prospect As Its Merger With Lakeland Bancorp Nears
Stock Information
Company Name: Lakeland Bancorp Inc.
Stock Symbol: LBAI
Market: NASDAQ
Website: lakelandbank.com
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