Lakeland Financial Corporation

Lakeland Financial Corporation

LKFNยทNASDAQ

$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.

At a Glance

Live Snapshot
Market Cap$1.46B
EPS4.0200
P/E Ratio14.53
Earnings Date07/24/2026
3Y+50.0%
5Y+85.0%
10Y+158.0%
3Y-
5Y+23.0%
10Y+98.0%
3Y-32.0%
5Y+32.0%
10Y+85.0%
Lakeland Financial Corporation

Lakeland Financial Corporation Profit Bridge

LKFN ยท NASDAQ
Revenue421.71M
Cost of Goods Sold (164.52M)
Gross Profit257.19M
Operating Expenses (131.60M)
Operating Income125.58M
Interest Expense (152.72M)
Other Income/Expense0.00
Pretax Income125.58M
Income Tax (22.22M)
Net Income103.36M
Net Income
103.36M

Profitability Analysis

Gross Margin

61.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

29.8%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

24.5%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

17.7%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Lakeland Financial Corporation Income Statement

LKFN โ€ข NASDAQ

Lakeland Financial Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
421.7M
430M
393.1M
281.4M
237.9M
228.1M
249.8M
229.6M
193.5M
163.7M
146.4M
141.2M
132.8M
135.2M
140.4M
141.1M
138.6M
141.8M
137.6M
123.8M
GROSS PROFIT
(164.5M)
(193.2M)
(152.1M)
(46.1M)
(16.2M)
(44.9M)
(63.4M)
(54.1M)
(32.8M)
(21.6M)
(16.6M)
(15M)
(17.3M)
(29.2M)
(43.6M)
(54.8M)
(57.3M)
(65.4M)
(67.7M)
(55.9M)
257.2M
236.8M
241M
235.4M
221.7M
183.2M
186.4M
175.5M
160.7M
142M
129.8M
126.2M
115.5M
105.9M
96.8M
86.3M
81.3M
76.4M
69.8M
67.9M
OPERATING INCOME
(131.6M)
(125.1M)
(130.7M)
(110.2M)
(104.3M)
(79.3M)
(79M)
(76.5M)
(71.1M)
(64.8M)
(60.6M)
(60M)
(57.1M)
(53.4M)
(51.5M)
(49.5M)
(53.5M)
(47.5M)
(42.3M)
(39.7M)
(74.5M)
(70.2M)
(62.5M)
(60.5M)
(60.1M)
(54.2M)
(53.8M)
(54.4M)
(51.8M)
(47M)
(44.1M)
(43.7M)
(41.8M)
(38.9M)
(36.9M)
(30.5M)
(33.2M)
(31.4M)
(23.8M)
(22.4M)
125.6M
111.7M
110.3M
125.2M
117.4M
103.9M
107.4M
98.9M
89.6M
77.2M
69.2M
66.2M
58.4M
52.6M
45.4M
36.8M
27.8M
28.9M
27.6M
28.2M
PRE-TAX INCOME
(152.7M)
(176.5M)
(146.2M)
(36.7M)
(15.1M)
(30.1M)
(60.2M)
(47.7M)
(29.8M)
(20.5M)
(16.6M)
(15M)
(17.3M)
(26.7M)
(29.8M)
(30.9M)
(36.1M)
(55.2M)
(63.4M)
(53.2M)
221M
196.7M
197M
202.9M
178.1M
163M
155M
151.3M
135.9M
118.5M
105.9M
102.3M
90.4M
87.7M
92.1M
92.7M
80.3M
63.3M
54.6M
52.3M
(57.1M)
(54.9M)
(68.2M)
(49.7M)
(44.2M)
(25.1M)
(25.3M)
(22.1M)
(19.2M)
(17.8M)
(16.5M)
(16.3M)
(15.4M)
(14.4M)
(14.6M)
(19M)
(20.3M)
(16M)
(18.4M)
(17.3M)
125.6M
111.7M
110.3M
125.2M
117.4M
103.9M
107.4M
98.9M
89.6M
77.2M
69.2M
66.2M
58.4M
52.6M
45.4M
36.8M
27.8M
28.9M
27.6M
28.2M
NET INCOME
(22.2M)
(18.2M)
(16.6M)
(21.3M)
(21.7M)
(19.5M)
(20.3M)
(18.5M)
(32.3M)
(25.1M)
(22.8M)
(22.4M)
(19.6M)
(17.2M)
(14.7M)
(12.2M)
(8.9M)
(9.2M)
(8.4M)
(9.5M)
103.4M
93.5M
93.8M
103.8M
95.7M
84.3M
87M
80.4M
57.3M
52.1M
46.4M
43.8M
38.8M
35.4M
30.7M
24.5M
19M
19.7M
19.2M
18.7M

SEC Filings

LKFN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 14, 2026
2026
8-K

8-K 2026

N/A

April 14, 2026
April 14, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 05, 2026
February 24, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 26, 2026
January 26, 2026
2026
8-K

8-K 2026

N/A

January 26, 2026
January 26, 2026
2026
Showing 1 to 10 of 429 filings