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Lakeland Financial Corporation  (NASDAQ: LKFN)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $59.0900 $-0.52 -0.872%
Day's High: $59.310001373291016 Week Perf: -0.81 %
Day's Low: $ 58.57 30 Day Perf: -5.68 %
Volume (M): 108,132 52 Wk High: $ 68.55
Volume (M$): $ 0 52 Wk Avg: $60.33
Open: $58.99 52 Wk Low: $54.36



 Market Capitalization (Millions $) 1,506
 Shares Outstanding (Millions) 25
 Employees 701
 Revenues (TTM) (Millions $) 268
 Net Income (TTM) (Millions $) 110
 Cash Flow (TTM) (Millions $) -84
 Capital Exp. (TTM) (Millions $) 14

Business Description


Lakeland Financial Corporation, an Indiana corporation incorporated in 1983, is a bank holding company headquartered in Warsaw, Indiana that provides, through its wholly-owned subsidiary Lake City Bank (the “Bank” and together with Lakeland Financial, the “Company”), a broad array of products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. The Company serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and health care. The Company’s customer base is similarly diverse. The Company is not dependent upon any single industry or customer.


   Company Address: 202 East Center Street, Zagreb 46580 City of Zagreb
   Company Phone Number: 267‑6144   Stock Exchange / Ticker: NASDAQ LKFN


Customers Net Income fell by LKFN's Customers Net Profit Margin fell to

-13.13 %

10.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        0.82% 
BPOP   -0.14%    
CFG   -1.94%    
FITB   -2.06%    
MTB   -3.25%    
NTRS   -0.59%    
• View Complete Report
   



Product Service News

Lake City Bank Flourishes Amidst Industry Challenges A Bold Expansion in an Uncertain Landscape

Published Tue, Sep 2 2025 1:29 PM UTC

In a bold move that defies industry trends and showcases strong growth, Lake City Bank has officially opened its newest branch in Westfield, Indiana, on September 2, 2025. This milestone marks the bank s 55th office overall and its ninth location within the burgeoning Indianapolis market. As the banking sector continues to grapple with challenges, Lake City Bank, a subsidiar...

Merger and Acquisition

Lake City Bank Expands Presence in Boone County with New Location, Setting the Stage for Potential Growth

Published Thu, Jul 17 2025 12:01 PM UTC

In a strategic move to broaden its reach, Lake City Bank has acquired a property located at 6388 Mills Drive in Whitestown, Indiana. This announcement, made on July 17, 2025, marks the bank s entry into Boone County, a region showing promising growth potential. The existing structure will undergo renovations to transform it into a full-service branch, with an expected openin...

Management Changes

Lake City Bank Elevates Stephanie R. Leniski Amid Booming Corporate Performance

Published Thu, Jan 16 2025 7:01 PM UTC

In a strategic move that underscores both leadership development and business growth, Lake City Bank has announced the promotion of Stephanie R. Leniski to Executive Vice President, Chief Retail Banking Officer. The appointment, effective January 16, 2025, comes at a pivotal moment for Lakeland Financial Corporation, the parent company of Lake City Bank, which is witnessing ...

Management Announcement

Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center

Published Tue, Sep 3 2024 12:58 PM UTC


Lake City Bank, a longstanding financial institution headquartered in Warsaw, Indiana, has made a significant move to expand its downtown campus. The bank recently purchased a three-story office building located at 122 E. Center Street, Warsaw, IN, which spans an impressive 35,600 square feet. This strategic acquisition aims to support the continued growth of Lake City ...

Dividend

Lake City Bank Parent, Lakeland Financial Corporation, Boosts Quarterly Dividend by 4%, Demonstrating Strong Performance and Commitment to Shareholders

Published Tue, Jan 9 2024 7:00 PM UTC

Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
Lake City Bank s parent company, Lakeland Financial Corporation, recently announced that the Board of Directors has approved a quarterly cash dividend of $0.48 per share for the first quarter of 2024. This represents a 4% increase from the previous quarterly dividend rate of $0.46 per share paid in 2023. T...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 13.84
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 5.62
Price to Sales (Expected) -
Price to Book 2.01
PEG (TTM) 0.63

Financial Strength Current
Quick Ratio -
Working Capital Ratio 0.01
Leverage Ratio (MRQ) 8.46
Total Debt to Equity 0.18
Interest Coverage (TTM) 1.93
Debt Coverage (TTM) 2.04

Per Share Current
Earnings (TTM) 4.27 $
Revenues (TTM) 10.51 $
Cash Flow (TTM) -
Cash -
Book Value 29.38 $
Dividend (TTM) 2.02 $

Efficiency Current
Revenue per Employee (TTM) 382,155
Net Income per Employee (TTM) 156,568
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.04

Profitability Ratios Current
Gross Margin (MRQ) 67.07 %
Operating Margin (MRQ) 48.08 %
Net Margin (MRQ) 39.11 %
Net Cash Flow Margin (MRQ) 14.78 %
Effective Tax Rate (TTM) 18.03 %

Management Effectiveness Current
Return On Assets (TTM) 1.57 %
Return On Investment (TTM) 12.99 %
Return On Equity (TTM) 14.79 %
Dividend Yield 3.51 %
Pay out Ratio (TTM) 47.31 %



Lakeland Financial's Segments





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