LKFN - NASDAQ

Lakeland Financial Corporation

LKFN·NASDAQ

$58.41

-2.8%

Financial ServicesBanks - Regional

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.46B

EPS4.0200

P/E Ratio14.53

Earnings Date07/24/2026

6.99B

Assets

3Y+9.0%

5Y+20.0%

10Y+63.0%

6.23B

Total Liabilities

3Y+6.0%

5Y+20.0%

10Y+61.0%

762.49M

Total Equity

11%

3Y+34.0%

5Y+16.0%

10Y+79.0%

Lakeland Financial Corporation Funding & Solvency Profile

LKFN · NASDAQ

Current Assets

Cash & Cash Equivalents57.14M

Net Receivables29.00M

Inventory0.00

Other Current Assets0.00

Total Current Assets170 M

Non-Current Assets

Property, Plant & Equipment65.54M

Goodwill & Intangible Assets4.97M

Long-Term Investments5.31B

Other Non-Current Assets1.44B

Total Non-Current Assets7 B

Total Assets

6.99B

Financial Health Analysis

Current Ratio

0.03x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

8.17x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-5996103000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

2% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Lakeland Financial Corporation Balance Sheet

LKFN • NASDAQ

Lakeland Financial Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	57.1M	168.2M	151.8M	130.3M	683.2M	249.9M	99.4M	216.9M	176.2M	167.3M	80.7M	90.6M	63.1M	232.2M	104.6M	60.1M	49M	57.1M	56.3M	65.3M
Short-Term Investments	84.2M	422.8M	1.1B	1.2B	1.4B	734.8M	608.2M	585.5M	538.5M	504.2M	478.1M	475.9M	469M	467M	467.4M	0.0	7M	6.9M	0.0	0.0
Cash & Short-Term Investments	141.3M	591.1M	1.2B	1.3B	2.1B	984.8M	707.6M	802.5M	714.7M	671.5M	558.7M	566.5M	532.1M	699.3M	572M	60.1M	56M	64M	56.3M	65.3M
Net Receivables	29M	28.4M	30M	28M	17.7M	18.8M	15.4M	15.5M	14.1M	11.7M	9.5M	8.7M	8.6M	8.5M	9.6M	9.1M	8.6M	8.6M	9.1M	8.7M
Accounts Receivables	29M	28.4M	30M	28M	17.7M	18.8M	15.4M	15.5M	14.1M	11.7M	9.5M	8.7M	8.6M	8.5M	9.6M	9.1M	8.6M	8.6M	9.1M	8.7M
Total Current Assets	170.3M	619.5M	1.2B	1.3B	2.1B	1B	723M	818M	728.8M	683.2M	568.2M	575.2M	540.6M	707.7M	581.6M	69.2M	64.6M	72.6M	65.4M	74M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	65.5M	60.5M	57.9M	58.1M	59.3M	59.3M	60.4M	58.1M	56.5M	52.1M	46.7M	42M	39.3M	34.8M	34.7M	30.4M	29.6M	30.5M	27.5M	25.2M
Goodwill	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	0.0	0.0
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	47K	99K	153K	207K	413K	9.1M	8.7M
Goodwill & Intangible Assets	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5M	5.1M	5.1M	5.2M	5.4M	5.6M	5.8M
Long-Term Investments	5.3B	5.7B	5B	4.8B	4.2B	4.6B	4B	3.9B	3.8B	3.4B	3B	2.7B	2.5B	2.2B	2.2B	2.5B	2.4B	2.2B	1.8B	1.7B
Other Non-Current Assets	1.4B	259.6M	252M	259.1M	166M	163.7M	138.7M	125.6M	118.1M	116.7M	105.8M	103.5M	102.7M	101M	85M	84M	80.7M	67M	43M	39.6M
Total Non-Current Assets	6.8B	6.1B	5.3B	5.1B	4.5B	4.8B	4.2B	4.1B	4B	3.6B	3.2B	2.9B	2.6B	2.4B	2.3B	2.6B	2.5B	2.3B	1.9B	1.8B
Total Assets	7B	6.7B	6.5B	6.4B	6.6B	5.8B	4.9B	4.9B	4.7B	4.3B	3.8B	3.4B	3.2B	3.1B	2.9B	2.7B	2.6B	2.4B	2B	1.8B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	15.1M	20.9M	3.2M	2.6M	6M	11.6M	10.4M	6.3M	5.7M	3.8M	2.9M	2.9M	4.8M	13.6M	11.5M	14M	17.2M	15.5M	12M
Accounts Payable	0.0	15.1M	20.9M	3.2M	2.6M	6M	11.6M	10.4M	6.3M	5.7M	3.8M	2.9M	2.9M	4.8M	0.0	11.5M	14M	17.2M	0.0	0.0
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	13.6M	0.0	0.0	0.0	15.5M	12M
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	15.3M	13.6M	0.0	0.0	0.0	0.0	0.0
Short Term Debt	170M	0.0	0.0	22M	0.0	0.0	0.0	245.6M	150.7M	230M	139.6M	160.4M	261.9M	121.9M	142M	172M	354.1M	202.6M	316.2M	187.5M
Other Current Liabilities	6B	5.9B	5.7B	5.5B	5.7B	5B	4.1B	4B	4B	3.6B	3.2B	2.9B	2.5B	2.6B	2.4B	2.2B	1.9B	1.9B	1.5B	1.5B
Total Current Liabilities	6.2B	5.9B	5.7B	5.5B	5.7B	5B	4.1B	4.3B	4.2B	3.8B	3.3B	3B	2.8B	2.7B	2.6B	2.4B	2.2B	2.1B	1.8B	1.7B
NON-CURRENT LIABILITIES
Long Term Debt	14.2M	0.0	50M	275M	75M	85.5M	170M	200.9M	30.9M	211M	31M	31M	31M	46M	46M	48M	71M	121M	31M	31M
Other Non-Current Liabilities	46.9M	78.4M	82.8M	102.7M	39.4M	45M	33.2M	-147.4M	17.7M	-161.6M	15.6M	14.5M	12M	-3.4M	-11.4M	2.3M	1.2M	1.4M	1.3M	338K
Total Non-Current Liabilities	61.1M	78.4M	132.8M	377.7M	114.4M	130.5M	203.2M	53.5M	48.7M	49.3M	46.6M	45.4M	42.9M	42.6M	34.6M	50.3M	72.2M	122.4M	32.3M	31.3M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	4.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	6.2B	6B	5.9B	5.9B	5.9B	5.2B	4.3B	4.4B	4.2B	3.9B	3.4B	3.1B	2.9B	2.8B	2.6B	2.4B	2.3B	2.2B	1.8B	1.7B
SHAREHOLDERS' EQUITY
Treasury Stock	-35.8M	-15.8M	-15.6M	-15.4M	-15M	-14.6M	-4.2M	-3.8M	-3.4M	-2.9M	-2.5M	-2M	-2M	-1.6M	-1.2M	-1.4M	-1.5M	-1.6M	-1.3M	-1.1M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	54.1M	0.0	0.0	0.0
Common Stock	137M	129.7M	127.7M	127M	120.6M	114.9M	114.9M	112.4M	108.9M	104.4M	99.1M	96.1M	93.2M	90M	87.4M	0.0	0.0	0.0	0.0	0.0
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	87.4M	85.8M	83.5M	22.1M	19.5M	18M
Retained Earnings	788.3M	736.4M	692.8M	646.1M	583.1M	529M	475.2M	419.2M	363.8M	327.9M	294M	263.3M	233.1M	203.7M	181.9M	161.3M	149.9M	141.4M	129.1M	116.5M
Accumulated Other Comprehensive Income/Loss	-127.1M	-166.5M	-155.2M	-188.9M	16.1M	27.7M	12.1M	-6.2M	-670K	-2.4M	2.1M	3.8M	-2.5M	5.7M	-82.2M	1.4M	-6M	-12M	-1M	-3.2M
Total Stockholders' Equity	762.4M	683.8M	649.7M	568.8M	704.8M	657.1M	598M	521.6M	468.6M	427M	392.8M	361.3M	321.9M	297.7M	273.2M	247M	280M	149.9M	146.3M	130.2M
Total Equity	762.5M	683.9M	649.8M	568.9M	704.9M	657.2M	598.1M	521.7M	468.7M	427.1M	392.9M	361.4M	322M	297.8M	273.3M	247.1M	280.1M	149.9M	146.3M	130.2M
Minority Interest	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	89K	0.0	0.0
SUMMARY
Total Liabilities & Equity	7B	6.7B	6.5B	6.4B	6.6B	5.8B	4.9B	4.9B	4.7B	4.3B	3.8B	3.4B	3.2B	3.1B	2.9B	2.7B	2.6B	2.4B	2B	1.8B
Total Investments	5.4B	6.2B	6B	6B	5.6B	5.3B	4.6B	4.5B	4.3B	3.9B	3.5B	3.2B	3B	2.7B	2.7B	2.5B	2.4B	2.2B	1.8B	1.7B
Total Debt	184.2M	0.0	50M	297M	75M	85.5M	170M	446.5M	181.6M	441M	170.6M	191.4M	292.8M	167.8M	188M	220M	425M	323.6M	347.1M	218.5M
Net Debt	127.1M	-168.2M	-101.8M	166.7M	-608.2M	-164.4M	70.6M	229.6M	5.4M	273.7M	89.9M	100.7M	229.7M	-64.4M	83.4M	159.9M	376.1M	266.4M	290.9M	153.2M
Shares Outstanding	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732	25,528,732

SEC Filings

LKFN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	April 29, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 14, 2026	April 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 06, 2026	March 05, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 05, 2026	February 24, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 25, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 26, 2026	January 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 26, 2026	January 26, 2026	2026	View Filing

Showing 1 to 10 of 429 filings

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