MergerLinks Header Logo

Announced

Completed

Lakeland Bancorp completed the acquisition of 1st Constitution Bancorp for $244m.

Synopsis

Lakeland Bancorp, the parent company of Lakeland Bank, completed the acquisition of 1st Constitution Bancorp, the parent company of 1st Constitution Bank, for $244m. "We are delighted to be combining with 1st Constitution and expanding Lakeland’s presence into central New Jersey. This business combination provides attractive financial attributes to shareholders of both Lakeland and 1st Constitution. This merger is consistent with our recent initiatives to expand into desirable markets. We look forward to working with 1st Constitution in delivering a broad array of business and consumer products into our expanded marketplace," Thomas J. Shara, Lakeland President and CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US