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Provident Financial Services, Lakeland Bancorp To Merge In All-stock $1.3 Bln Deal

Provident Financial Services, Lakeland Bancorp To Merge In All-stock $1.3 Bln Deal

Provident Financial Services, Inc. (PFS), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (LBAI), the parent company of Lakeland Bank, announced Tuesday that they have entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger, valued at approximately $1.3 billion.
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