Summary
65.38 1.51(2.36%)09/13/2024
Lakeland Financial Corp. (LKFN)
Lakeland Financial Corp. (LKFN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 2.44 | 0.77 | 5.49 | 6.96 | 1.11 | 34.02 | 58.68 | 1,863.21 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 65.38 | |
| Open | 65.04 | |
| High | 65.78 | |
| Low | 64.43 | |
| Volume | 60,535 | |
| Change | 1.56 | |
| Change % | 2.44 | |
| Avg Volume (20 Days) | 66,675 | |
| Volume/Avg Volume (20 Days) Ratio | 0.91 | |
| 52 Week Range | 44.47 - 73.22 | |
| Price vs 52 Week High | -10.71% | |
| Price vs 52 Week Low | 47.01% | |
| Range | 0.52 | |
| Gap Up/Down | -0.24 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,670 | |
| EBIDTA | 0 | |
| PE Ratio | 17.1381 | |
| PEG Ratio | 2.0400 | |
| WallStreet Target Price | 66.75 | |
| Book Value | 25.3660 | |
| Earnings Per Share | 3.6200 | |
| EPS Estimate Current Quarter | 0.8600 | |
| EPS Estimate Next Quarter | 0.8600 | |
| EPS Estimate Current Year | 3.5100 | |
| EPS Estimate Next Year | 3.5400 | |
| Diluted EPS (TTM) | 3.6200 | |
| Revenues | ||
| Profit Marging | 0.3837 | |
| Operating Marging (TTM) | 0.4887 | |
| Return on asset (TTM) | 0.0143 | |
| Return on equity (TTM) | 0.1487 | |
| Revenue TTM | 242,068,000 | |
| Revenue per share TTM | 9.4470 | |
| Quarterly Revenue Growth (YOY) | 0.0180 | |
| Quarterly Earnings Growth (YOY) | -0.0320 | |
| Gross Profit (TTM) | 235,374,000 | |
| Dividends | ||
| Dividend Share | 1.8800 | |
| Dividend Yield | 0.0309 | |
| Valuations | ||
| Trailing PE | 17.1381 | |
| Forward PE | 16.7504 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.3349 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 25,503,400 | |
| Shares Float | 24,736,537 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.10 | |
| Insider (%) | 3.34 | |
| Institutions (%) | 87.03 | |
09/03 08:58 EST - globenewswire.com
Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center
WARSAW, Ind., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Lake City Bank has purchased the 35,600 square foot three story office building at 122 E. Center Street, Warsaw, IN on August 30, 2024. The office building will significantly expand the bank's Warsaw Campus and support the continued growth of Lake City Bank. The newly acquired building will be substantially renovated and modernized and will be renamed the Lake City Bank Innovation and Technology Center. Lake City Bank has been headquartered in Warsaw since the bank was founded in 1872 and employs 279 employees in the Downtown Warsaw Campus, representing the largest employer in Downtown Warsaw.
Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center
WARSAW, Ind., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Lake City Bank has purchased the 35,600 square foot three story office building at 122 E. Center Street, Warsaw, IN on August 30, 2024. The office building will significantly expand the bank's Warsaw Campus and support the continued growth of Lake City Bank. The newly acquired building will be substantially renovated and modernized and will be renamed the Lake City Bank Innovation and Technology Center. Lake City Bank has been headquartered in Warsaw since the bank was founded in 1872 and employs 279 employees in the Downtown Warsaw Campus, representing the largest employer in Downtown Warsaw.
07/25 11:00 EST - zacks.com
Compared to Estimates, Lakeland Financial (LKFN) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Compared to Estimates, Lakeland Financial (LKFN) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
07/25 09:15 EST - zacks.com
Lakeland Financial (LKFN) Misses Q2 Earnings Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.57 per share a year ago.
Lakeland Financial (LKFN) Misses Q2 Earnings Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.57 per share a year ago.
07/25 07:00 EST - globenewswire.com
Lakeland Financial Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan Growth
WARSAW, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $22.5 million for the three months ended June 30, 2024, which represents an increase of $7.9 million, or 54%, compared with net income of $14.6 million for the three months ended June 30, 2023. Diluted earnings per share were $0.87 for the second quarter of 2024 and increased 53% compared to $0.57 for the second quarter of 2023. On a linked quarter basis, net income decreased $852,000, or 4%, from first quarter 2024 net income of $23.4 million and diluted earnings per share decreased $0.04 or 4% from $0.91 at March 31, 2024.
Lakeland Financial Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan Growth
WARSAW, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $22.5 million for the three months ended June 30, 2024, which represents an increase of $7.9 million, or 54%, compared with net income of $14.6 million for the three months ended June 30, 2023. Diluted earnings per share were $0.87 for the second quarter of 2024 and increased 53% compared to $0.57 for the second quarter of 2023. On a linked quarter basis, net income decreased $852,000, or 4%, from first quarter 2024 net income of $23.4 million and diluted earnings per share decreased $0.04 or 4% from $0.91 at March 31, 2024.
04/25 10:36 EST - zacks.com
Lakeland Financial (LKFN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lakeland Financial (LKFN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
04/25 08:00 EST - globenewswire.com
Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan Growth
WARSAW, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.4 million for the three months ended March 31, 2024, which represents a decrease of $877,000, or 4%, compared with net income of $24.3 million for the three months ended March 31, 2023. Diluted earnings per share were $0.91 for the first quarter of 2024 and decreased 3% compared to $0.94 for the first quarter of 2023. On a linked quarter basis, net income decreased $6.2 million, or 21%, from fourth quarter 2023 net income of $29.6 million. Diluted earnings per share decreased from $1.16, or 22%.
Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan Growth
WARSAW, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.4 million for the three months ended March 31, 2024, which represents a decrease of $877,000, or 4%, compared with net income of $24.3 million for the three months ended March 31, 2023. Diluted earnings per share were $0.91 for the first quarter of 2024 and decreased 3% compared to $0.94 for the first quarter of 2023. On a linked quarter basis, net income decreased $6.2 million, or 21%, from fourth quarter 2023 net income of $29.6 million. Diluted earnings per share decreased from $1.16, or 22%.
02/07 14:00 EST - globenewswire.com
Lake City Bank to Participate in the KBW Winter Financial Services Conference
WARSAW, Ind., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that David Findlay, Chairman and CEO; Kristin Pruitt, President and Lisa O'Neill, EVP and CFO will participate in the Keefe, Bruyette & Woods Winter Financial Services Conference to be held February 14 to 16, where they will participate in a series of one-on-one meetings with institutional investors.
Lake City Bank to Participate in the KBW Winter Financial Services Conference
WARSAW, Ind., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that David Findlay, Chairman and CEO; Kristin Pruitt, President and Lisa O'Neill, EVP and CFO will participate in the Keefe, Bruyette & Woods Winter Financial Services Conference to be held February 14 to 16, where they will participate in a series of one-on-one meetings with institutional investors.
02/05 11:01 EST - zacks.com
Best Momentum Stocks to Buy for February 5th
MOD, EZPW and LKFN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 5, 2023.
Best Momentum Stocks to Buy for February 5th
MOD, EZPW and LKFN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 5, 2023.
01/25 11:31 EST - zacks.com
Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings
The headline numbers for Lakeland Financial (LKFN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings
The headline numbers for Lakeland Financial (LKFN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
01/25 08:00 EST - globenewswire.com
Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth
WARSAW, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.8 million for the twelve months ended December 31, 2023, versus $103.8 million for the prior year, a decrease of 10%, or $10.1 million. Diluted earnings per share also decreased 10% to $3.65 for the twelve months ended December 31, 2023, versus $4.04 for the comparable period of 2022.
Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth
WARSAW, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.8 million for the twelve months ended December 31, 2023, versus $103.8 million for the prior year, a decrease of 10%, or $10.1 million. Diluted earnings per share also decreased 10% to $3.65 for the twelve months ended December 31, 2023, versus $4.04 for the comparable period of 2022.
01/23 12:31 EST - zacks.com
Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Lakeland Financial (LKFN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Lakeland Financial (LKFN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
01/09 14:00 EST - globenewswire.com
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
WARSAW, Ind., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2024 of $0.48 per share, payable February 5, 2024, to shareholders of record as of January 25, 2024. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.46 per share paid in 2023.
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
WARSAW, Ind., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2024 of $0.48 per share, payable February 5, 2024, to shareholders of record as of January 25, 2024. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.46 per share paid in 2023.
11/14 14:30 EST - globenewswire.com
David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation
WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company. Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations. Findlay succeeds Michael L. Kubacki as Chairman of the board of both organizations. Kubacki has served in the role since 2003 and will retire from the boards of directors on April 9, 2024 at the company's annual report of shareholders.
David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation
WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company. Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations. Findlay succeeds Michael L. Kubacki as Chairman of the board of both organizations. Kubacki has served in the role since 2003 and will retire from the boards of directors on April 9, 2024 at the company's annual report of shareholders.
10/25 10:33 EST - zacks.com
Lakeland Financial (LKFN) Beats Q3 Earnings and Revenue Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.11 per share a year ago.
Lakeland Financial (LKFN) Beats Q3 Earnings and Revenue Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.11 per share a year ago.
10/25 10:32 EST - zacks.com
Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
10/25 08:00 EST - globenewswire.com
Lakeland Financial Reports Net Income of $25.3 Million for the Third Quarter and 10% Annualized Average Loan Growth
WARSAW, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $25.3 million for the three months ended September 30, 2023, which represents a decrease of $3.3 million, or 11%, compared with net income of $28.5 million for the three months ended September 30, 2022. Diluted earnings per share were $0.98 for the third quarter of 2023 and decreased 12% compared to $1.11 for the third quarter of 2022. On a linked quarter basis, net income increased 73%, or $10.6 million, from second quarter 2023 net income of $14.6 million, or $0.57 diluted earnings per share.
Lakeland Financial Reports Net Income of $25.3 Million for the Third Quarter and 10% Annualized Average Loan Growth
WARSAW, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $25.3 million for the three months ended September 30, 2023, which represents a decrease of $3.3 million, or 11%, compared with net income of $28.5 million for the three months ended September 30, 2022. Diluted earnings per share were $0.98 for the third quarter of 2023 and decreased 12% compared to $1.11 for the third quarter of 2022. On a linked quarter basis, net income increased 73%, or $10.6 million, from second quarter 2023 net income of $14.6 million, or $0.57 diluted earnings per share.
07/21 13:42 EST - zacks.com
Lakeland Financial (LKFN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Lakeland Financial (LKFN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lakeland Financial (LKFN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Lakeland Financial (LKFN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
07/21 12:57 EST - zacks.com
Lakeland Financial (LKFN) Lags Q2 Earnings Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1 per share a year ago.
Lakeland Financial (LKFN) Lags Q2 Earnings Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1 per share a year ago.
07/21 10:00 EST - globenewswire.com
Lakeland Financial Reports 10% Loan Growth and Net Income of $14.6 million for the Second Quarter
WARSAW, Ind., July 21, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $14.6 million for the three months ended June 30, 2023, which represents a decrease of $11.1 million, or 43%, compared with net income of $25.7 million for the three months ended June 30, 2022. Diluted earnings per share were $0.57 for the second quarter of 2023 and decreased 43% compared to $1.00 for the second quarter of 2022. On a linked quarter basis, net income decreased 40%, or $9.7 million, from first quarter 2023 net income of $24.3 million, or $0.94 diluted earnings per share.
Lakeland Financial Reports 10% Loan Growth and Net Income of $14.6 million for the Second Quarter
WARSAW, Ind., July 21, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $14.6 million for the three months ended June 30, 2023, which represents a decrease of $11.1 million, or 43%, compared with net income of $25.7 million for the three months ended June 30, 2022. Diluted earnings per share were $0.57 for the second quarter of 2023 and decreased 43% compared to $1.00 for the second quarter of 2022. On a linked quarter basis, net income decreased 40%, or $9.7 million, from first quarter 2023 net income of $24.3 million, or $0.94 diluted earnings per share.
04/25 10:39 EST - zacks.com
Lakeland Financial (LKFN) Lags Q1 Earnings and Revenue Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.92 per share a year ago.
Lakeland Financial (LKFN) Lags Q1 Earnings and Revenue Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.92 per share a year ago.