Lakeland Financial Statements From 2010 to 2026

LKFN Stock  USD 57.28  0.29  0.50%   
Lakeland Financial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Lakeland Financial's valuation are provided below:
Gross Profit
248.3 M
Profit Margin
0.3933
Market Capitalization
1.5 B
Enterprise Value Revenue
5.6429
Revenue
248.3 M
We have found one hundred twenty available fundamental ratios for Lakeland Financial, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Lakeland Financial's last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 9th of January 2026, Market Cap is likely to grow to about 1.7 B. Also, Enterprise Value is likely to grow to about 1.5 B

Lakeland Financial Total Revenue

519.23 Million

Check Lakeland Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lakeland Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.6 M, Interest Expense of 213.1 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 2.81, Dividend Yield of 0.0188 or PTB Ratio of 1.62. Lakeland financial statements analysis is a perfect complement when working with Lakeland Financial Valuation or Volatility modules.
  
Build AI portfolio with Lakeland Stock
Check out the analysis of Lakeland Financial Correlation against competitors.
To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.

Lakeland Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.1 B7.7 B4.9 B
Slightly volatile
Short and Long Term Debt Total7.4 M7.8 M201.7 M
Pretty Stable
Total Current Liabilities7.1 B6.8 BB
Slightly volatile
Total Stockholder Equity825.7 M786.4 M504 M
Slightly volatile
Property Plant And Equipment Net40.2 M69.6 M49.5 M
Slightly volatile
Retained Earnings889.2 M846.9 M453.4 M
Slightly volatile
Cash126.4 M193.4 M171.2 M
Slightly volatile
Non Current Assets Total7.3 BB3.3 B
Slightly volatile
Cash And Short Term Investments404.6 M679.7 M676.7 M
Slightly volatile
Net Receivables34.3 M32.7 M17.3 M
Slightly volatile
Common Stock Total Equity153.4 M146.1 M107.3 M
Slightly volatile
Common Stock Shares Outstanding23.7 M29.6 M25.1 M
Slightly volatile
Liabilities And Stockholders Equity8.1 B7.7 B4.9 B
Slightly volatile
Non Current Liabilities Total107.5 M90.1 M146.5 M
Slightly volatile
Total Liabilities7.2 B6.9 B4.4 B
Slightly volatile
Property Plant And Equipment Gross137.4 M130.9 M71.3 M
Slightly volatile
Total Current Assets707.4 M712.4 M957.2 M
Pretty Stable
Short Term Debt898 K945.3 K121.4 M
Slightly volatile
Common Stock156.6 M149.1 M107.8 M
Slightly volatile
Good Will4.8 M4.5 M5.2 M
Slightly volatile
Other Current Assets215.2 M226.5 M1.4 B
Slightly volatile
Intangible Assets3.3 MM3.1 M
Pretty Stable
Accounts Payable12.9 M13.6 M8.9 M
Slightly volatile
Other Liabilities117.6 M112 M46 M
Slightly volatile
Long Term Debt79.3 M57.5 M87.7 M
Slightly volatile
Property Plant Equipment42.9 M66.8 M50.3 M
Slightly volatile
Short Term Investments476.3 M486.3 M585.5 M
Slightly volatile
Net Tangible Assets507.2 M648.4 M475.6 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity71.2 K80.1 K87.4 K
Slightly volatile
Retained Earnings Total Equity414.4 M743 M420.7 M
Slightly volatile
Long Term Debt Total690.7 M657.8 M211.1 M
Slightly volatile
Long Term Investments960.2 MB2.5 B
Slightly volatile
Non Current Liabilities Other124 M118.1 M47.1 M
Slightly volatile
Short and Long Term Debt126.7 M153 M168.1 M
Slightly volatile
Earning Assets643.4 M764.3 M598.5 M
Slightly volatile
Net Invested Capital807.1 M804.7 M676.7 M
Slightly volatile
Capital Stock133.1 M149.1 M119.3 M
Slightly volatile

Lakeland Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.6 M6.8 M5.2 M
Slightly volatile
Interest Expense213.1 M203 M64.7 M
Slightly volatile
Selling General Administrative84.8 M80.7 M49.3 M
Slightly volatile
Total Revenue519.2 M494.5 M240.4 M
Slightly volatile
Gross Profit285.9 M272.3 M177.8 M
Slightly volatile
Other Operating Expenses384.4 M366.1 M138.7 M
Slightly volatile
Operating Income134.9 M128.4 M88.5 M
Slightly volatile
EBIT134.9 M128.4 M88.5 M
Slightly volatile
EBITDA142.1 M135.3 M93.5 M
Slightly volatile
Cost Of Revenue233.3 M222.2 M65.6 M
Slightly volatile
Income Before Tax134.9 M128.4 M88.5 M
Slightly volatile
Net Income112.9 M107.5 M68.7 M
Slightly volatile
Income Tax Expense14.2 M20.9 M19.3 M
Pretty Stable
Net Income Applicable To Common Shares125.4 M119.4 M71.6 M
Slightly volatile
Selling And Marketing Expenses4.1 M5.5 M3.8 M
Slightly volatile
Net Income From Continuing Ops77.2 M107.5 M70.4 M
Slightly volatile
Minority Interest71.2 K80.1 K87.4 K
Slightly volatile
Tax Provision17.3 M16.4 M21.4 M
Slightly volatile
Net Interest Income176.5 M226.2 M149.2 M
Slightly volatile
Interest Income240.2 M429.1 M203.9 M
Slightly volatile
Reconciled Depreciation7.2 M6.8 M6.3 M
Slightly volatile

Lakeland Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow113.3 M107.9 M78.6 M
Slightly volatile
Begin Period Cash Flow127.6 M174.6 M166 M
Slightly volatile
Depreciation4.6 M6.8 M5.2 M
Slightly volatile
Dividends Paid59.5 M56.7 M28 M
Slightly volatile
Capital Expenditures5.4 M9.9 M6.9 M
Pretty Stable
Total Cash From Operating Activities123.8 M117.9 M85.8 M
Slightly volatile
Net Income112.9 M107.5 M68.7 M
Slightly volatile
End Period Cash Flow133.1 M193.4 M174.4 M
Slightly volatile
Stock Based Compensation3.6 M5.3 M3.8 M
Slightly volatile
Change To Netincome79.1 M75.4 M31.9 M
Slightly volatile
Issuance Of Capital Stock233.2 K449.6 K181.6 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.813.74.8814
Pretty Stable
Dividend Yield0.01880.02510.0217
Pretty Stable
PTB Ratio1.622.322.2014
Slightly volatile
Days Sales Outstanding31.3727.7728.5417
Pretty Stable
Book Value Per Share25.1723.9719.1236
Slightly volatile
Free Cash Flow Yield0.09280.06110.0778
Slightly volatile
Operating Cash Flow Per Share3.773.593.2762
Slightly volatile
Stock Based Compensation To Revenue0.01240.00960.0163
Pretty Stable
Capex To Depreciation1.561.671.5185
Slightly volatile
PB Ratio1.622.322.2014
Slightly volatile
EV To Sales3.73.345.2012
Pretty Stable
Free Cash Flow Per Share3.453.292.9986
Slightly volatile
ROIC0.120.110.0931
Slightly volatile
Net Income Per Share3.443.282.6059
Slightly volatile
Payables Turnover12.0811.57.4861
Slightly volatile
Sales General And Administrative To Revenue0.260.190.2544
Slightly volatile
Capex To Revenue0.02190.02310.0402
Slightly volatile
Cash Per Share13.7120.7230.0748
Slightly volatile
POCF Ratio9.1315.512.7683
Slightly volatile
Interest Coverage0.540.572.5741
Pretty Stable
Payout Ratio0.260.470.3539
Slightly volatile
Capex To Operating Cash Flow0.190.09690.1084
Slightly volatile
PFCF Ratio16.5821.6314.851
Slightly volatile
Days Payables Outstanding31.232.8456.3956
Slightly volatile
Income Quality1.531.261.3604
Slightly volatile
ROE0.150.160.1379
Slightly volatile
EV To Operating Cash Flow18.4317.9214.0515
Slightly volatile
PE Ratio11.8617.016.3258
Slightly volatile
Return On Tangible Assets0.0090.01260.0132
Slightly volatile
EV To Free Cash Flow25.2219.5716.0078
Slightly volatile
Earnings Yield0.07880.06090.0641
Slightly volatile
Intangibles To Total Assets8.0E-49.0E-40.0017
Slightly volatile
Current Ratio0.10.09420.1849
Pretty Stable
Tangible Book Value Per Share24.9923.818.9398
Slightly volatile
Receivables Turnover10.9913.613.5767
Very volatile
Graham Number44.1442.0433.4229
Slightly volatile
Shareholders Equity Per Share25.1723.9719.1207
Slightly volatile
Debt To Equity0.08410.08850.5277
Slightly volatile
Capex Per Share0.180.30.2694
Very volatile
Revenue Per Share15.8315.079.105
Slightly volatile
Interest Debt Per Share13.177.99.5347
Very volatile
Debt To Assets0.00840.00880.0481
Slightly volatile
Enterprise Value Over EBITDA14.8415.6112.579
Slightly volatile
Short Term Coverage Ratios7.276.933.739
Slightly volatile
Price Earnings Ratio11.8617.016.3258
Slightly volatile
Operating Cycle31.3727.7728.5417
Pretty Stable
Price Book Value Ratio1.622.322.2014
Slightly volatile
Days Of Payables Outstanding31.232.8456.3956
Slightly volatile
Dividend Payout Ratio0.260.470.3539
Slightly volatile
Price To Operating Cash Flows Ratio9.1315.512.7683
Slightly volatile
Price To Free Cash Flows Ratio16.5821.6314.851
Slightly volatile
Pretax Profit Margin0.260.230.3954
Slightly volatile
Operating Profit Margin0.260.230.3954
Slightly volatile
Effective Tax Rate0.330.190.2626
Slightly volatile
Company Equity Multiplier13.9311.2310.5055
Pretty Stable
Long Term Debt To Capitalization0.07810.08220.154
Slightly volatile
Total Debt To Capitalization0.07810.08220.2887
Slightly volatile
Return On Capital Employed0.110.130.1476
Slightly volatile
Debt Equity Ratio0.08410.08850.5277
Slightly volatile
Ebit Per Revenue0.260.230.3954
Slightly volatile
Quick Ratio0.10.09420.1849
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.11.592.6439
Slightly volatile
Net Income Per E B T0.560.750.7274
Slightly volatile
Cash Ratio0.0540.03270.0442
Very volatile
Operating Cash Flow Sales Ratio0.250.210.3872
Slightly volatile
Days Of Sales Outstanding31.3727.7728.5417
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.660.820.8779
Very volatile
Cash Flow Coverage Ratios2.152.050.8714
Slightly volatile
Price To Book Ratio1.622.322.2014
Slightly volatile
Fixed Asset Turnover6.726.44.3497
Slightly volatile
Capital Expenditure Coverage Ratio8.4610.6812.4107
Slightly volatile
Price Cash Flow Ratio9.1315.512.7683
Slightly volatile
Enterprise Value Multiple14.8415.6112.579
Slightly volatile
Debt Ratio0.00840.00880.0481
Slightly volatile
Cash Flow To Debt Ratio2.152.050.8714
Slightly volatile
Price Sales Ratio2.813.74.8814
Pretty Stable
Return On Assets0.0090.01260.0131
Slightly volatile
Asset Turnover0.06020.0740.0476
Slightly volatile
Net Profit Margin0.180.20.291
Pretty Stable
Gross Profit Margin0.510.50.723
Pretty Stable
Price Fair Value1.622.322.2014
Slightly volatile
Return On Equity0.150.160.1379
Slightly volatile

Lakeland Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B1.3 B
Slightly volatile
Enterprise Value1.5 B1.4 B1.5 B
Slightly volatile

Lakeland Fundamental Market Drivers

Forward Price Earnings20.0803
Cash And Short Term Investments591.1 M

Lakeland Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Lakeland Financial Financial Statements

Lakeland Financial investors utilize fundamental indicators, such as revenue or net income, to predict how Lakeland Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-58.4 M-61.3 M
Total Revenue494.5 M519.2 M
Cost Of Revenue222.2 M233.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.19  0.26 
Capex To Revenue 0.02  0.02 
Revenue Per Share 15.07  15.83 
Ebit Per Revenue 0.23  0.26 

Pair Trading with Lakeland Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lakeland Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lakeland Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lakeland Stock

  0.73EFSC Enterprise FinancialPairCorr

Moving against Lakeland Stock

  0.46601187 Xiamen BankPairCorr
  0.41BIRG Bank of IrelandPairCorr
The ability to find closely correlated positions to Lakeland Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lakeland Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lakeland Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lakeland Financial to buy it.
The correlation of Lakeland Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lakeland Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lakeland Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lakeland Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lakeland Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeland Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lakeland Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeland Financial Stock:
Check out the analysis of Lakeland Financial Correlation against competitors.
To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeland Financial. If investors know Lakeland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeland Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.131
Dividend Share
2
Earnings Share
3.79
Revenue Per Share
9.659
Quarterly Revenue Growth
0.153
The market value of Lakeland Financial is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Financial's value that differs from its market value or its book value, called intrinsic value, which is Lakeland Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeland Financial's market value can be influenced by many factors that don't directly affect Lakeland Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeland Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.