Lakeland Financial Corporation LKFN
- Market cap
- $1.5B
- P/E
- 13.6×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26.53 | 39.68 | 37.79 | 39.78 | 30.49 | 53.03 | 64.05 | 43.05 | 57.45 | 50.00 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 48.88 | 52.43 | 51.76 | 50.00 | 56.28 | 80.77 | 85.71 | 77.07 | 78.61 | 71.77 |
High Price
|
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| 524 | 539 | 553 | 568 | 585 | 616 | 652 | 655 | 683 | 701 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 172 | 202 | 239 | 260 | 240 | 238 | 281 | 393 | 430 | 422 |
Revenue
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|||
| 88.09% | 85.23% | 80.06% | 76.88% | 87.46% | 93.64% | 86.97% | 62.80% | 58.96% | 63.79% |
Gross Margin
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| 77 | 90 | 99 | 107 | 104 | 117 | 125 | 110 | 112 | 126 |
EBT
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| 44.94% | 44.43% | 41.35% | 41.27% | 43.29% | 49.36% | 44.47% | 28.07% | 25.97% | 29.78% |
EBT Margin
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| 52 | 57 | 80 | 87 | 84 | 96 | 104 | 94 | 93 | 103 |
Net Income
|
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| 8 | 9 | 9 | 10 | 11 | 13 | 13 | 11 | 11 | 10 |
Depreciation
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| 6.86 | 8.01 | 9.46 | 10.17 | 9.42 | 9.34 | 11.02 | 15.35 | 16.75 | 16.42 |
Revenue/Sh
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| 2.08 | 2.28 | 3.18 | 3.40 | 3.31 | 3.76 | 4.07 | 3.67 | 3.64 | 4.02 |
Earnings/Sh
|
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| 2.48 | 3.07 | 4.15 | 3.91 | 3.42 | 4.47 | 6.63 | 4.45 | 3.99 | 4.47 |
Cash Flow/Sh
|
|||
| (0.39) | (0.38) | (0.30) | (0.31) | (0.20) | (0.24) | (0.19) | (0.23) | (0.34) | (0.43) |
Capex/Sh
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| 2.09 | 2.69 | 3.85 | 3.60 | 3.23 | 4.22 | 6.45 | 4.22 | 3.66 | 4.04 |
Free CF/Sh
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| 17.04 | 18.61 | 20.63 | 23.37 | 25.80 | 27.67 | 22.28 | 25.38 | 26.64 | 29.68 |
Book Value/Sh
|
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| 25 | 25 | 25 | 26 | 25 | 25 | 26 | 26 | 26 | 26 |
Shares
|
|||
| 22.63 | 21.19 | 12.63 | 14.39 | 16.19 | 21.31 | 17.81 | 17.70 | 18.89 | 14.19 |
PE Ratio
|
|||
| 6.89 | 6.03 | 4.24 | 4.81 | 5.69 | 8.58 | 6.57 | 4.23 | 4.11 | 3.48 |
PS Ratio
|
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| 2.77 | 2.60 | 1.95 | 2.09 | 2.08 | 2.90 | 3.25 | 2.56 | 2.58 | 1.92 |
PB Ratio
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| 7.14 | 5.71 | 4.18 | 5.08 | 5.00 | 6.02 | 7.09 | 3.97 | 4.18 | 3.14 |
EV/Sales
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| 23.41 | 17.02 | 10.26 | 14.37 | 14.61 | 13.32 | 12.12 | 14.46 | 19.15 | 12.77 |
EV/FCF
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| 62 | 77 | 105 | 100 | 87 | 114 | 169 | 114 | 102 | 115 |
Op' Cash Flow
|
|||
| (10) | (10) | (8) | (8) | (5) | (6) | (5) | (6) | (9) | (11) |
Capex
|
|||
| 52 | 68 | 97 | 92 | 82 | 108 | 165 | 108 | 94 | 104 |
FCF
|
|||
| (22) | (121) | (29) | (11) | (175) | (810) | (689) | (714) | (686) | (686) |
Working Cap'
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| 211 | 111 | 201 | 170 | 86 | 75 | 275 | 50 | — | 1 |
Total Debt
|
|||
| 44 | (65) | (16) | 71 | (164) | (608) | 145 | (102) | (168) | (140) |
Net Debt
|
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| 427 | 469 | 522 | 598 | 657 | 705 | 569 | 650 | 684 | 762 |
Sh' Equity
|
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| 1.29% | 1.28% | 1.68% | 1.77% | 1.57% | 1.55% | 1.60% | 1.45% | 1.42% | 1.51% |
ROA
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| 10.25% | 13.89% | 12.23% | 10.04% | 13.18% | 75.93% | 10.96% | 12.58% | 13.54% | 12.61% |
ROIC
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| 12.70% | 12.80% | 16.24% | 15.55% | 13.44% | 14.06% | 16.30% | 15.39% | 14.02% | 14.29% |
ROE
|
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Lakeland Financial Corporation peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| TFIN Triumph Financial, Inc. | $1.5B | 41.5× | Compare |
| ESQ Esquire Financial Holdings, Inc. | $1.5B | 19.0× | Compare |
| AMAL Amalgamated Financial Corp. | $1.4B | 12.6× | Compare |
| TMP Tompkins Financial Corporation | $1.4B | 8.1× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BHRB Burke & Herbert Financial Services Corp. | $1.4B | 11.1× | Compare |
| PEBO Peoples Bancorp Inc. | $1.4B | 11.7× | Compare |
| CASH Pathward Financial, Inc. | $1.5B | 9.2× | Compare |
| WABC Westamerica Bancorporation | $1.4B | 13.4× | Compare |
Lakeland Financial Corporation (LKFN) key facts
- Lakeland Financial Corporation (LKFN) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- Lakeland Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $421.7 million, down 1.93% from fiscal 2024.
- Net income was $103.4 million, or $4.02 per share (basic), a net margin of 24.5%.
- As of September 25, 2026, LKFN traded at $59.51, a market capitalization of $1.5 billion.
- At that price the stock trades at 13.6× trailing-twelve-month earnings and 3.5× sales.
- Lakeland Financial Corporation pays an annual dividend of $1.84 per share, a yield of 2.94%, with a payout ratio of 47.4%.
- Return on equity was 14.3% and debt-to-equity 0.00.
Lakeland Financial Corporation (LKFN) Latest News
22 Sep
Lake City Bank, a subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), has been named to Piper Sandler's Sm-All Stars Class of 2026, recognizing the top small-cap banks and thrifts in the U.S. The bank was one of 25 institutions nationwide and the only Indiana headquarters among the honorees. Piper Sandler evaluated publicly traded banks and thrifts with market caps under $2.5 billion based on seven financial metrics, focusing on 12-month performance through June 30, 2026. Lake City Bank outpaced industry medians in earnings growth, loan growth, deposit growth, and return on average equity, while maintaining solid asset quality and capital levels. Lake City Bank CEO David Findlay attributed the achievement to the bank's community focus and execution. The accolade marks the fourth time Lake City Bank has earned a Sm-All Stars designation. It operates 55 branches in Central and Northern Indiana and offers a digital platform; more at lakecitybank.com. Recognition signals validated performance and could improve investor sentiment without implying near-term operational changes.
7 Aug
Lakeland Financial reports stronger earnings and improved credit quality while questioning if current valuation remains compelling. Stronger earnings and credit quality improve financial outlook and may lift near-term investor sentiment.
27 Jul
Lakeland Financial Corporation reported an earnings beat alongside a revenue shortfall. Earnings beat combined with revenue miss points to moderately noticeable effects on financial performance and near-term market sentiment.
Lakeland Financial (LKFN) reported Q2 earnings and revenues exceeding analyst estimates. Beating earnings estimates can moderately lift near-term stock sentiment and valuation without altering long-term fundamentals.
Lakeland Financial Corporation's Lake City Bank reported Q2 CY2026 sales below analyst estimates. Quarterly sales miss signals weaker performance likely pressuring near-term stock valuation and sentiment.
Lakeland Financial reports record second quarter net income of $28.4 million, up 5%, on 7% revenue expansion with average loans growing 6%. Steady quarterly earnings growth signals continued operations but lacks evidence of major strategic or market shifts.
28 May
Lakeland Financial Corporation faces three unspecified risks that make the stock unattractive, prompting recommendation of an alternative investment instead. Bearish risk analysis on LKFN can sway short-term investor sentiment and trading activity without altering core fundamentals.
5 May
Lakeland Financial (LKFN) posted strong Q1 earnings but higher charge-offs, questioning if this shifts its investment case. Strong Q1 earnings are balanced by higher charge-offs, creating moderate effects on financial performance and investor sentiment.
27 Apr
Lakeland Financial Corporation (LKFN) reported first-quarter earnings, with key metrics providing insights into financial performance. Q1 earnings reports featuring key metrics directly affect investor sentiment, stock valuation, and future market performance for banks.
Lakeland Financial Corporation (LKFN) reported Q1 earnings and revenues that beat analyst estimates. Beating Q1 earnings and revenue estimates indicates strong financial health, likely enhancing investor sentiment and LKFN's stock trajectory.
Lakeland Financial Corporation (LKFN) reported record first-quarter performance with 5% loan growth, 9% revenue growth, and 32% increase in net income to $26.5 million. Record Q1 net income surge of 32% driven by strong loan and revenue growth indicates significant positive momentum for LKFN's future performance.
Lakeland Financial Corporation (LKFN) beat earnings per share estimates but missed revenue targets in its latest quarterly results. Mixed earnings results with EPS beat boosting sentiment but revenue miss signaling growth concerns affect financial performance moderately.
Lake City Bank (NASDAQ:LKFN) missed Q1 CY2026 sales expectations. Q1 sales miss highlights weaker-than-expected financial results, likely affecting short-term stock performance and investor sentiment.
25 Apr
Lake City Bank (LKFN), part of Lakeland Financial Corporation, reports earnings tomorrow amid outlined expectations for performance metrics and guidance. Upcoming earnings release carries potential for major swings in LKFN stock price and shifts in investor outlook based on results versus expectations.
8 Mar
Lakeland Financial Corporation doubles its share repurchase authorization to $200 million and extends the program through 2027, raising questions on whether this move will reshape its stagnant growth narrative amid solid but unexciting performance. Doubling buybacks to $200 million and extending them to 2027 is a major capital return strategy likely to boost EPS, support valuation, and improve investor sentiment.
12 Feb
Lakeland Financial Corporation (LKFN) is highlighted as a high-growth dividend stock, showcasing its strong financial performance and commitment to returning value to shareholders. The company has consistently increased its dividend payouts, reflecting its robust earnings growth and strategic initiatives. Investors are encouraged to consider LKFN for its potential to deliver both capital appreciation and income through dividends, positioning it as an attractive option in the current market landscape. Strong financial performance and consistent dividend growth indicate significant potential for future impact.
9 Feb
Lakeland Financial Corporation reported strong Q4 results, highlighting increased net income and improved asset quality. The bank's loan growth and deposit levels showed resilience despite economic challenges. Management emphasized strategic initiatives aimed at enhancing customer experience and operational efficiency. Overall, the financial performance reflects a solid position in the regional banking sector. Strong Q4 results and strategic initiatives indicate significant potential for future growth and market positioning.
27 Jan
Lakeland Financial Corporation (LKFN) is highlighted as a top dividend stock for January 2026, showcasing its strong financial performance and commitment to returning value to shareholders through consistent dividend payments. The company has demonstrated resilience in its operations and is well-positioned to navigate market challenges, making it an attractive option for income-focused investors. Strong financial performance and consistent dividends indicate significant potential for future growth and investor interest.
Lakeland Financial Corporation (LKFN) is highlighted as an attractive dividend stock due to its consistent dividend payments, strong financial performance, and commitment to returning value to shareholders. The company has a solid track record of increasing dividends, making it appealing for income-focused investors. Additionally, LKFN's robust balance sheet and strategic growth initiatives position it well for future success, further enhancing its dividend attractiveness. Strong financial performance and commitment to dividends indicate significant future impact on investor sentiment and company trajectory.
26 Jan
Lakeland Financial Corporation (LKFN) reported its Q4 earnings, showcasing key financial metrics that reflect the company's performance. The results indicate growth in revenue and net income, driven by increased loan demand and improved asset quality. Management highlighted strategic initiatives aimed at enhancing operational efficiency and expanding market presence. The earnings report suggests a positive outlook for the upcoming quarters, with expectations for continued growth in core banking operations. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.
Lakeland Financial Corporation reported its Q4 earnings, showcasing a solid performance with notable growth in net income and assets. The bank's loan portfolio expanded, contributing to increased interest income. Additionally, the company maintained a strong capital position and improved efficiency ratios, indicating effective management strategies. Overall, the results reflect a positive trajectory for Lakeland Financial amidst a competitive banking environment. Strong growth in net income and assets indicates significant positive momentum for future performance.
Lakeland Financial Corporation reported a record quarterly performance with a 24% increase in net income, reaching $103.4 million for the year, which reflects an 11% annual growth. The company's net interest income expanded by 12%, contributing to these strong financial results. The significant increase in net income and net interest income indicates a strong financial position that could positively influence future performance and investor sentiment.
Lake City Bank (NASDAQ:LKFN) reported its Q4 CY2025 financial results, which were in line with market expectations. The bank's performance metrics showed stability and consistency, reflecting its ongoing operational strategies and market positioning. Analysts noted that the results did not deviate significantly from forecasts, indicating a steady outlook for the institution. The results indicate stability but do not suggest any significant changes in the bank's trajectory.
24 Jan
Lakeland Financial Corporation (LKFN) has announced a dividend increase, signaling confidence in its financial health and commitment to returning value to shareholders. Additionally, the appointment of a new credit chief is expected to enhance the company's credit strategy and risk management, potentially leading to improved financial performance. These developments are likely to positively influence investor sentiment and the company's market position. The dividend hike and new credit chief appointment are significant strategic moves that could enhance financial performance and investor confidence.
Lake City Bank, a subsidiary of Lakeland Financial Corporation (LKFN), is set to report its earnings tomorrow. Analysts are closely monitoring the results for insights into the bank's financial health and performance trends. Expectations are high regarding loan growth and net interest margins, which could influence investor sentiment and stock performance. Market reactions may vary based on the reported figures and guidance provided during the earnings call. Earnings reports typically influence financial performance and market sentiment, but the overall effect is expected to be somewhat limited.
21 Jan
Lakeland Financial Corporation (LKFN) is preparing for its Q4 earnings report, with Wall Street analysts providing estimates for key financial metrics. Investors are keenly awaiting the results, which could influence market sentiment and the company's future performance. Earnings reports typically have a moderately noticeable influence on financial performance and market sentiment.
Lakeland Financial Corporation (LKFN) is highlighted as one of three top-ranked dividend stocks that can enhance retirement income. The article emphasizes the importance of dividend stocks for investors seeking reliable income streams, particularly in uncertain market conditions. LKFN's strong financial performance and commitment to returning value to shareholders through dividends make it an attractive option for income-focused investors. The article suggests that investing in such stocks can provide stability and growth potential for retirement portfolios. LKFN's inclusion as a top-ranked dividend stock indicates a moderately noticeable influence on its market performance and investor sentiment.
13 Jan
Lakeland Financial Corporation has announced a 4% increase in its quarterly dividend, raising it to $0.24 per share. This decision reflects the company's strong financial performance and commitment to returning value to shareholders. The new dividend will be payable on January 5, 2024, to shareholders of record as of December 22, 2023. The dividend increase indicates solid financial health, which may positively influence investor sentiment and financial performance.
9 Jan
Lakeland Financial Corporation (LKFN) is currently facing a valuation assessment where its price-to-earnings (P/E) ratio appears high compared to a discounted cash flow (DCF) estimate. Analysts are evaluating whether the stock's current price reflects its true value, considering both the elevated P/E and the DCF analysis. This situation raises questions about the sustainability of LKFN's growth and profitability in the near future, as investors weigh the implications of these valuation metrics on the company's market performance. The high P/E ratio and discounted DCF estimate indicate potential valuation concerns that could moderately influence investor sentiment and financial performance.
7 Jan
Lakeland Financial Corporation (LKFN) reported its Q3 earnings, showcasing a solid performance compared to other regional banks. The bank's financial metrics indicate resilience amidst market fluctuations, with growth in key areas such as deposits and loans. Analysts noted that LKFN's strategic initiatives have positioned it favorably within the competitive landscape, contributing to positive investor sentiment. Overall, the earnings report reflects a stable outlook for the bank, aligning with broader trends observed in the regional banking sector. LKFN's performance shows moderate influence on its financial standing and competitive positioning within the regional banking sector.