image
Lakeland Financial Corporation LKFN
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 58.26
-0.274 %
$ 1.49 B
Market Cap
16.65
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one LKFN stock under the worst case scenario is HIDDEN Compared to the current market price of 58.3 USD, Lakeland Financial Corporation is HIDDEN

LKFN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one LKFN stock under the base case scenario is HIDDEN Compared to the current market price of 58.3 USD, Lakeland Financial Corporation is HIDDEN

LKFN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one LKFN stock under the best case scenario is HIDDEN Compared to the current market price of 58.3 USD, Lakeland Financial Corporation is HIDDEN

LKFN Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart LKFN

image
1M --%
6M -16%
1Y 1%
3Y -5%
5Y 52%
All
$70.0$70.0$68.0$68.0$66.0$66.0$64.0$64.0$62.0$62.0$60.0$60.0$58.0$58.0$56.0$56.0$54.0$54.0$52.0$52.0$50.0$50.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
430 M REVENUE
9.38%
Growth Rates
1Year 9.38%
3Years 21.81%
5Years 11.47%
7Years 12.08%
10Years 11.78%
112 M OPERATING INCOME
1.23%
Growth Rates
1Year 1.23%
3Years -1.66%
5Years 0.79%
7Years 3.19%
10Years 5.37%
93.5 M NET INCOME
-0.31%
Growth Rates
1Year -0.31%
3Years -0.79%
5Years 1.44%
7Years 7.23%
10Years 7.87%
102 M OPERATING CASH FLOW
-10.09%
Growth Rates
1Year -10.09%
3Years -3.42%
5Years 0.48%
7Years 4.12%
10Years 6.54%
-164 M INVESTING CASH FLOW
-198.98%
Growth Rates
1Year -198.98%
3Years 20.88%
5Years 0.53%
7Years 11.82%
10Years 3.66%
78.1 M FINANCING CASH FLOW
308.31%
Growth Rates
1Year 308.31%
3Years -50.68%
5Years 29.19%
7Years -18.52%
10Years -9.48%
101 M REVENUE
-3.67%
Growth Rates
1Year 9.38%
3Years 21.81%
5Years 11.47%
7Years 12.08%
10Years 11.78%
24.2 M OPERATING INCOME
-17.06%
Growth Rates
1Year 1.23%
3Years -1.66%
5Years 0.79%
7Years 3.19%
10Years 5.37%
20.1 M NET INCOME
-16.97%
Growth Rates
1Year -0.31%
3Years -0.79%
5Years 1.44%
7Years 7.23%
10Years 7.87%
28.9 M OPERATING CASH FLOW
-25.24%
Growth Rates
1Year -10.09%
3Years -3.42%
5Years 0.48%
7Years 4.12%
10Years 6.54%
-115 M INVESTING CASH FLOW
-122.76%
Growth Rates
1Year -198.98%
3Years 20.88%
5Years 0.53%
7Years 11.82%
10Years 3.66%
153 M FINANCING CASH FLOW
629.06%
Growth Rates
1Year 308.31%
3Years -50.68%
5Years 29.19%
7Years -18.52%
10Years -9.48%
Balance Sheet Lakeland Financial Corporation
image
Current Assets 619 M
Cash & Short-Term Investments 591 M
Receivables 28.4 M
Other Current Assets 0
Non-Current Assets 6.06 B
Long-Term Investments 5.73 B
PP&E 60.5 M
Other Non-Current Assets 265 M
8.85 %85.86 %3.96 %Total Assets$6.7b
Current Liabilities 5.92 B
Accounts Payable 15.1 M
Short-Term Debt 0
Other Current Liabilities 5.9 B
Non-Current Liabilities 78.4 M
Long-Term Debt 0
Other Non-Current Liabilities 78.4 M
98.44 %Total Liabilities$6.0b
EFFICIENCY
Earnings Waterfall Lakeland Financial Corporation
image
Revenue 430 M
Cost Of Revenue 193 M
Gross Profit 237 M
Operating Expenses 125 M
Operating Income 112 M
Other Expenses 18.2 M
Net Income 93.5 M
450m450m400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00430m(193m)237m(125m)112m(18m)93mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
55.06% GROSS MARGIN
55.06%
Averages
1Year 55.06%
3Years 66.67%
5Years 74.71%
7Years 74.94%
10Years 78.31%
25.97% OPERATING MARGIN
25.97%
Averages
1Year 25.97%
3Years 32.84%
5Years 38.68%
7Years 39.93%
10Years 42.03%
21.74% NET MARGIN
21.74%
Averages
1Year 21.74%
3Years 27.49%
5Years 31.94%
7Years 32.79%
10Years 32.27%
13.67% ROE
13.67%
Averages
1Year 13.67%
3Years 15.45%
5Years 14.55%
7Years 14.68%
10Years 13.90%
1.40% ROA
1.40%
Averages
1Year 1.40%
3Years 1.48%
5Years 1.47%
7Years 1.54%
10Years 1.44%
12.26% ROIC
12.26%
Averages
1Year 12.26%
3Years 11.65%
5Years 11.47%
7Years 11.14%
10Years 10.20%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lakeland Financial Corporation
image
180m180m160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 93.5 M
Depreciation & Amortization 5.95 M
Capital Expenditures -8.63 M
Stock-Based Compensation 4.59 M
Change in Working Capital -9.37 M
Others 7.84 M
Free Cash Flow 93.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lakeland Financial Corporation
image
Wall Street analysts predict an average 1-year price target for LKFN of $69 , with forecasts ranging from a low of $66 to a high of $72 .
LKFN Lowest Price Target Wall Street Target
66 USD 13.29%
LKFN Average Price Target Wall Street Target
69 USD 18.43%
LKFN Highest Price Target Wall Street Target
72 USD 23.58%
Price
Max Price Target
Min Price Target
Average Price Target
757570706565606055555050Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
0.84% DIVIDEND YIELD
0.5 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.000002.000001.800001.800001.600001.600001.400001.400001.200001.200001.000001.000000.800000.800000.600000.600000.400000.400000.200000.200000.000000.000000.140.163330.190.220.260.30.340.40.460.480.50.163330.186670.220.260.30.30.340.40.460.480.50.163330.186670.220.260.30.30.340.40.460.480.163330.630.190.730.220.850.261.000.31.160.31.200.341.360.41.600.461.840.481.921.002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Download SVG
Download PNG
Download CSV
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership Lakeland Financial Corporation
image
Sold
0-3 MONTHS
208 K USD 2
3-6 MONTHS
561 K USD 3
6-9 MONTHS
1.03 M USD 3
9-12 MONTHS
995 K USD 4
Bought
499 K USD 1
0-3 MONTHS
920 K USD 1
3-6 MONTHS
58 K USD 1
6-9 MONTHS
293 K USD 1
9-12 MONTHS
7. News
Lake City Bank Welcomes Back Gregory C. Brown to Lead Newly Formed Commercial Elkhart Region WARSAW, Ind., June 10, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to welcome back Gregory C. Brown as Senior Vice President, Commercial Elkhart Regional Manager. Brown will lead the newly formed Commercial Elkhart Region, serving commercial clients in Elkhart and surrounding communities. The new region was strategically created to better serve the growing business community in Elkhart. globenewswire.com - 2 weeks ago
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 2 weeks ago
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 1 month ago
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 1 month ago
Lakeland Financial (LKFN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Lakeland Financial (LKFN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
Lakeland Financial (LKFN) Q1 Earnings Lag Estimates Lakeland Financial (LKFN) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.88 per share a year ago. zacks.com - 2 months ago
Lakeland Financial Reports a 12% Increase in Net Interest Income and Organic Loan Growth of 4% WARSAW, Ind., April 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $20.1 million for the three months ended March 31, 2025, which represents a decrease of $3.3 million, or 14%, compared with net income of $23.4 million for the three months ended March 31, 2024. Diluted earnings per share were $0.78 for the first quarter of 2025 and decreased $0.13, or 14%, compared to $0.91 for the first quarter of 2024. On a linked quarter basis, net income decreased $4.1 million, or 17%, to $24.2 million. Diluted earnings per share decreased $0.16, or 17%, from $0.94 on a linked quarter basis. globenewswire.com - 2 months ago
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 2 months ago
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 2 months ago
Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 3 months ago
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 3 months ago
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com - 4 months ago
8. Profile Summary

Lakeland Financial Corporation LKFN

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 1.49 B
Dividend Yield 0.84%
Description 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.
Contact 202 East Center Street, Warsaw, IN, 46581-1387 https://www.lakecitybank.com
IPO Date Aug. 14, 1997
Employees 647
Officers Ms. Lisa M. O'Neill CPA Executive Vice President & Chief Financial Officer Mr. Eric H. Ottinger Executive Vice President & Chief Commercial Banking Officer Ms. Stephanie R. Leniski Executive Vice President & Chief Retail Banking Officer Mr. Donald J. Robinson-Gay Senior Vice President & Chief Credit Officer Ms. Kristin L. Pruitt J.D. President & Director Mr. Brok A. Lahrman Chief Accounting Officer & Senior Vice President of Finance Ms. Kyra E. Clark Senior Vice President & Chief Human Resource Officer Mr. Rickard James Donovan Senior Vice President, General Counsel & Secretary Kirtus D. Murray Senior Vice President of Consumer & Home Loans and Retail Lending Manager Mr. David M. Findlay Chairman & Chief Executive Officer