Lakeland Financial/LKFN

$63.41

-0.45%
-
1D1W1MYTD1YMAX

About Lakeland Financial

Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial 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 diverse customer base, including commercial customers across a variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and healthcare. The Bank has approximately 53 offices in 15 counties, including 46 offices in northern Indiana and seven offices in central Indiana, in the Indianapolis market. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) to the maximum extent provided under federal law and FDIC regulations.

Ticker

LKFN

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

David Findlay

Employees

608

Headquarters

Warsaw, United States

LKFN Metrics

BasicAdvanced
$1.65B
Market cap
17.40
P/E ratio
$3.64
EPS
0.67
Beta
$1.84
Dividend rate
3.03%
Dividend yield

What the Analysts think about LKFN

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 4 analysts.
9.21% upside
High $75.00
Low $63.00
$63.41
Current price
$69.25
Average price target

LKFN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.38% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$108.1M
8.75%
Net income
$29.6M
17.46%
Profit margin
27.38%
8.01%

LKFN Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 30.34%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.94
$0.57
$0.98
$1.16
-
Expected
$1.09
$0.91
$0.90
$0.89
$0.86
Surprise
-13.66%
-37.41%
8.59%
30.34%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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