CSIMarket Company Name, Ticker, Customers, else..
 
Lakeland Financial Corporation  (LKFN)
Other Ticker:  
 
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 
Price: $62.4200 $0.18 0.289%
Day's High: $63.29 Week Perf: 0.47 %
Day's Low: $ 62.04 30 Day Perf: -2.62 %
Volume (M): 168 52 Wk High: $ 73.22
Volume (M$): $ 10,505 52 Wk Avg: $61.80
Open: $62.53 52 Wk Low: $46.26



 Market Capitalization (Millions $) 1,607
 Shares Outstanding (Millions) 26
 Employees 608
 Revenues (TTM) (Millions $) 243
 Net Income (TTM) (Millions $) 101
 Cash Flow (TTM) (Millions $) -52
 Capital Exp. (TTM) (Millions $) 6

Lakeland Financial Corporation
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, Warsaw 46580 IN
   Company Phone Number: 267?6144   Stock Exchange / Ticker: NASDAQ LKFN


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

-60.82 %
5.98 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        3.17% 
BPOP        1.55% 
CFG        2.9% 
FITB        0.02% 
MTB        2.48% 
NTRS        3.01% 
• View Complete Report
   



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 ...
Lakeland Financial Corporation

Discreet Revenue Growth Reported by Lakeland Financial Corporation in Q1 2024

Lakeland Financial Corporation, the parent company of Lake City Bank, has reported its financial results for the three months ended March 31, 2024. Despite a decrease in net income and diluted earnings per share compared to the same period in 2023, the company has seen an overall increase in its stock performance over the past year.
Net income for the first quarter of 2024 was $23.4 million, representing a 4% decrease compared to the first quarter of 2023. Diluted earnings per share also decreased by 3% during the same period. On a linked quarter basis, net income decreased by $6.2 million, or 21%, from the fourth quarter of 2023. Diluted earnings per share also decreased by 22%. These figures indicate a decline in performance for Lakeland Financial Corporation in the most recent quarter.
Lakeland Financial Corporation

Strong growth trajectory continues for Lakeland Financial Corporation as income surges by 14.01% in Q4 2023

I had the pleasure of analyzing the recent financial results of Lakeland Financial Corporation (LKFN) for the fourth quarter of 2023, and I must say, the numbers are certainly impressive. With revenue reaching $65.51 million and earnings per share at $1.15, it's clear that LKFN is on a path of growth and success.
One of the most notable aspects of these results is the year-on-year increase in both revenue and earnings per share. Revenue saw a 12.173% growth, while earnings per share grew by 14.01%. This shows that LKFN is not only expanding its customer base but also effectively managing its expenses to improve profitability.
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...
Lakeland Financial Corporation

Lakeland Financial Corporation Faces Decline in Earnings and Revenue for Q3 2023

Lakeland Financial Corporation is a financial institution that operates as the parent company of Lake City Bank. It recently reported weak earnings for the third quarter of 2023, with a decline in income and revenue compared to the previous year. The company's income fell by 11.71% to $0.98 per share, while revenue decreased by 6.11% to $58.83 million.
In comparison to its peers in the Regional Banks sector, Lakeland Financial Corporation posted a decline in revenue during the third quarter of 2023. However, its earnings per share (EPS) did experience a significant increase of 71.93% sequentially, rising from $0.57 per share in the previous quarter. Despite this improvement, the company's revenue still decreased by 0.67% sequentially, falling from $59.23 million.






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