Lakeland Bancorp, Provident Financial extend merger agreement

Provident Financial Services (PFS) and Lakeland Bancorp (LBAI) announced that the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to obtain the required regulatory approvals. Both parties remain committed to the merger and to obtaining regulatory approvals. When completed, the combined company will operate under the Provident name and will benefit from enhanced scale, opportunities for growth and profitability, and Provident’s and Lakeland’s complementary strengths will provide exceptional service to customers and communities served.