Lakeland Financial Corporation LKFN R2K

Financial Services · Banks - Regional · United States

https://www.lakecitybank.com

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. It also offers loan products, including commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. In addition, the company provides retail and merchant credit card services; corporate treasury management services, private banking, and wealth advisory; retail brokerage services comprising financial and investment products, annuities, and life insurance; and trust and fiduciary services, and estate and financial planning consulting services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

Market & Price

Market Cap

$1.51B

Current Price

$60.63

High / Low (52W)

$67.00 / $54.55

Beta

0.74

Valuation

Stock P/E

14.20

Industry PE

12.01

Forward P/E

13.40

PEG Ratio

1.44

Book Value

$30.04

Price to Book

2.02

P/S

5.64

EV/EBITDA

Dividend Yield

3.44%

Profitability & Returns

ROCE

ROE

15.21%

ROA

1.57%

Profit Margin

40.97%

Op Margin

49.37%

EPS (Latest Qtr)

$1.04

EPS (TTM)

$4.27

Balance Sheet & Liquidity

Debt/Equity

Quick Ratio

Current Ratio

Debt

$75.09M

Total Assets

$6.99B

Current Assets

Working Capital

Ownership

Promoter Holding

2.87%

Chg in Prom Hold

FII / Inst Holding

87.24%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$1.43B

Total Revenue (TTM)

$267.89M

EBITDA

Free Cash Flow

Operating Cash Flow

$120.63M

Shares Outstanding

24.91M

Gross Margin

0.00%

Payout Ratio

47.31%

Growth (CAGR)

Revenue 5Y

3.20%

Profit 5Y

-0.15%

Revenue (YoY)

18.80%

Earnings (YoY)

33.30%

PROS

Excellent profit margin of 41.0%.
Attractive dividend yield of 3.44%.

CONS

Earnings shrank at -0.1% CAGR over 5 years.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	LKFN Lakeland Financial Corporation R2K	60.63	14.20	$1.51B	3.44%	-	15.21%	3.20%	-0.15%
2	JPM JPMorgan Chase & Co. SPX	299.31	14.33	$802.00B	2.00%	-	16.47%	12.50%	14.83%
3	V Visa Inc. SPX	326.36	28.48	$620.65B	0.82%	38.38%	60.35%	10.92%	10.28%
4	MA Mastercard Incorporated SPX	493.98	28.57	$436.47B	0.70%	61.47%	-	13.82%	14.66%
5	MS Morgan Stanley SPX	208.00	18.84	$328.08B	1.92%	-	16.39%	9.52%	15.20%
6	GS The Goldman Sachs Group, Inc. SPX	1,025.56	18.73	$302.55B	1.76%	-	14.55%	7.16%	15.11%
7	WFC Wells Fargo & Company SPX	77.54	11.98	$237.29B	2.32%	-	12.03%	4.02%	15.98%
8	BLK BlackRock, Inc. SPX	1,046.88	26.32	$162.51B	2.19%	4.89%	11.90%	10.65%	2.36%
9	SCHW The Charles Schwab Corporation SPX	87.35	17.37	$151.91B	1.47%	-	19.08%	4.83%	7.21%

Quarterly Results

Figures in USD.

Metric	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	251.00K	264.00K	-	-	2.42M	280.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63.80M	66.36M	69.03M	69.80M	69.71M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37.58M	39.51M	38.81M	36.81M	35.21M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24.24M	32.93M	32.06M	36.35M	32.55M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.16M	5.96M	5.66M	6.45M	6.08M
Net Income	12.80M	13.48M	13.52M	14.51M	15.36M	15.82M	11.63M	18.34M	20.14M	20.57M	21.36M	21.68M	21.71M	21.45M	22.20M	17.30M	19.67M	22.78M	24.59M	22.98M	24.35M	24.12M	24.28M	23.64M	25.67M	28.52M	25.98M	24.28M	14.61M	25.25M	29.63M	23.40M	22.55M	-	-	20.09M	26.97M	26.40M	29.91M	26.48M
Diluted EPS	0.50	0.53	0.53	0.57	0.60	0.62	0.45	0.71	0.79	0.80	0.83	0.84	0.85	0.83	0.86	0.67	0.77	0.89	0.97	0.90	0.95	0.94	0.95	0.92	1.00	1.11	1.01	0.94	0.57	0.98	1.16	0.91	0.87	-	-	0.78	1.04	1.03	1.16	1.04

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	928.00K	1.01M	985.00K	-	-	-	244.75M	246.89M	253.52M	268.99M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	36.68M	146.23M	176.48M	152.72M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	125.16M	110.33M	111.69M	125.58M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	21.35M	16.57M	18.21M	22.22M
Net Income	18.98M	24.54M	30.66M	35.39M	38.84M	43.80M	46.37M	52.08M	57.33M	80.41M	87.05M	84.34M	-	103.82M	93.77M	93.48M	103.36M
Diluted EPS	1.26	1.32	1.88	2.15	2.33	1.74	1.84	2.05	2.23	3.13	3.38	3.30	-	4.04	3.65	3.63	4.01

Compounded Sales Growth

5 Years:	3.20%
1 Year:	18.80%

Compounded Profit Growth

5 Years:	-0.15%
1 Year:	33.30%

Stock Price Performance

1 Year:	+4.71%
6 Months:	+4.11%
3 Months:	+5.28%
1 Month:	+1.76%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	2.68B	2.89B	3.06B	3.18B	3.44B	3.77B	4.29B	4.68B	4.88B	4.95B	5.83B	-	6.43B	6.52B	6.68B	6.99B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash & Equivalents	64.01M	55.98M	60.14M	104.58M	232.24M	63.10M	90.64M	80.67M	167.28M	176.18M	216.92M	99.38M	249.93M	-	130.28M	151.82M	168.21M	141.32M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.99M	30.01M	28.45M	29.00M
Total Liabilities	-	-	2.43B	2.62B	2.77B	2.85B	3.08B	3.37B	3.86B	4.21B	4.35B	4.35B	5.17B	-	5.86B	5.87B	5.99B	6.23B
Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	75.00M	275.00M	50.00M	-	14.20M
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	275.00M	50.00M	0	184.20M
Total Equity	149.88M	279.99M	247.00M	273.20M	297.74M	321.88M	361.30M	392.81M	426.98M	468.58M	521.62M	598.01M	657.10M	-	568.80M	649.70M	683.82M	762.40M
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25.83M	25.90M	25.98M	26.02M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	24.26M	45.70M	51.40M	50.59M	62.97M	55.70M	55.78M	62.20M	77.24M	104.97M	100.04M	87.23M	-	169.34M	113.98M	102.48M	114.89M
Investing Cash Flow	-204.37M	-119.65M	-176.73M	-58.72M	-312.52M	-239.79M	-339.11M	-442.45M	-396.05M	-166.44M	-168.69M	-712.02M	-	-626.52M	-54.93M	-164.24M	-325.42M
Financing Cash Flow	172.08M	78.11M	169.77M	135.78M	80.42M	211.63M	273.36M	466.86M	327.71M	102.21M	-48.89M	775.34M	-	-95.78M	-37.51M	78.13M	183.65M
Capital Expenditure	-1.32M	-3.03M	-6.66M	-2.90M	-7.50M	-6.57M	-9.17M	-9.82M	-9.58M	-7.97M	-8.00M	-5.72M	-	-4.82M	-5.99M	-8.63M	-11.12M
Free Cash Flow	22.94M	42.67M	44.74M	47.69M	55.46M	49.13M	46.61M	52.37M	67.66M	97.01M	92.04M	81.51M	-	164.52M	107.99M	93.85M	103.77M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-552.96M	21.54M	16.38M	-26.89M
Share Buybacks	231.00K	212.00K	244.00K	421.00K	399.00K	444.00K	455.00K	458.00K	495.00K	463.00K	515.00K	10.55M	559.00K	579.00K	575.00K	592.00K	20.39M

Ratios (Annual)

Figures in %.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Margin %	-	-	-	-	-	-	-	5,612.5%	5,698.8%	8,163.6%	-	-	-	42.4%	38.0%	36.9%	38.4%
ROE %	6.8%	9.9%	11.2%	11.9%	12.1%	12.1%	11.8%	12.2%	12.2%	15.4%	14.6%	12.8%	-	18.3%	14.4%	13.7%	13.6%
ROCE %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Shareholding Pattern

Insiders

2.87%

Institutions

87.24%

Public Float

89.81%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	14.19%	3.54M	$214.41M
2	Neuberger Berman Group, LLC	8.69%	2.17M	$131.29M
3	State Street Corporation	5.53%	1.38M	$83.59M
4	Vanguard Capital Management LLC	4.41%	1.10M	$66.57M
5	Charles Schwab Investment Management, Inc.	3.49%	869.27K	$52.70M
6	Dimensional Fund Advisors LP	2.70%	672.17K	$40.75M
7	Geode Capital Management, LLC	2.56%	636.79K	$38.61M
8	Silvercrest Asset Management Group, LLC	2.55%	636.12K	$38.57M
9	Copeland Capital Management, LLC	2.43%	606.36K	$36.76M
10	Vanguard Portfolio Management LLC	2.30%	573.73K	$34.79M

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LKFN · Financial Services