Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · Real-Time Price · USD
61.67
+0.12 (0.19%)
Apr 28, 2026, 4:00 PM EDT - Market closed
Lakeland Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 338.4 | 337.04 | 337.77 | 308.02 | 203.67 | 170.55 | Upgrade
|
| Interest Income on Investments | 36.87 | 36.69 | 35.39 | 35.25 | 35.9 | 22.67 | Upgrade
|
| Total Interest Income | 375.27 | 373.74 | 373.16 | 343.27 | 239.57 | 193.22 | Upgrade
|
| Interest Paid on Deposits | 147.71 | 150.73 | 172.76 | 137.79 | 36.28 | 14.83 | Upgrade
|
| Interest Paid on Borrowings | 2.65 | 1.99 | 3.72 | 8.44 | 0.4 | 0.3 | Upgrade
|
| Total Interest Expense | 150.35 | 152.72 | 176.48 | 146.23 | 36.68 | 15.13 | Upgrade
|
| Net Interest Income | 224.92 | 221.02 | 196.68 | 197.04 | 202.89 | 178.09 | Upgrade
|
| Net Interest Income Growth (YoY) | 11.27% | 12.37% | -0.18% | -2.88% | 13.93% | 9.25% | Upgrade
|
| Trust Income | 11.56 | 11.37 | 10.47 | 9.08 | 8.64 | 8.75 | Upgrade
|
| Mortgage Banking Activities | 0.27 | 0.13 | 0.12 | -0.25 | 0.63 | 1.42 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | 8.95 | -0.03 | 0.02 | 0.8 | Upgrade
|
| Other Non-Interest Income | 26.58 | 25 | 26.15 | 30.28 | 20.98 | 23.15 | Upgrade
|
| Total Non-Interest Income | 49.98 | 47.97 | 56.84 | 49.86 | 41.86 | 44.72 | Upgrade
|
| Non-Interest Income Growth (YoY) | -11.01% | -15.61% | 14.01% | 19.10% | -6.39% | -4.53% | Upgrade
|
| Revenues Before Loan Losses | 274.89 | 268.99 | 253.52 | 246.89 | 244.75 | 222.81 | Upgrade
|
| Provision for Loan Losses | 7 | 11.8 | 16.75 | 5.85 | 9.38 | 1.08 | Upgrade
|
| Revenue | 267.89 | 257.19 | 236.77 | 241.04 | 235.37 | 221.73 | Upgrade
|
| Revenue Growth (YoY) | 13.38% | 8.62% | -1.77% | 2.41% | 6.15% | 13.66% | Upgrade
|
| Salaries and Employee Benefits | 69.13 | 66.74 | 62.14 | 55.49 | 50.72 | 50.72 | Upgrade
|
| Occupancy Expenses | 6.78 | 6.66 | 6.12 | 5.62 | 5.6 | 5.17 | Upgrade
|
| Federal Deposit Insurance | 3.43 | 3.36 | 3.47 | 3.36 | 2 | 2.24 | Upgrade
|
| Selling, General & Administrative | 44.37 | 44.65 | 40.02 | 37.42 | 38.77 | 37.25 | Upgrade
|
| Other Non-Interest Expense | 10.28 | 10.2 | 8.8 | 10.76 | 13.12 | 8.91 | Upgrade
|
| Total Non-Interest Expense | 133.99 | 131.61 | 120.55 | 112.65 | 110.21 | 104.29 | Upgrade
|
| EBT Excluding Unusual Items | 133.9 | 125.58 | 116.23 | 128.39 | 125.16 | 117.44 | Upgrade
|
| Legal Settlements | - | - | -4.54 | - | - | - | Upgrade
|
| Other Unusual Items | - | - | - | -18.06 | - | - | Upgrade
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| Pretax Income | 133.9 | 125.58 | 111.69 | 110.33 | 125.16 | 117.44 | Upgrade
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| Income Tax Expense | 24.14 | 22.22 | 18.21 | 16.57 | 21.35 | 21.71 | Upgrade
|
| Net Income | 109.75 | 103.36 | 93.48 | 93.77 | 103.82 | 95.73 | Upgrade
|
| Net Income to Common | 109.75 | 103.36 | 93.48 | 93.77 | 103.82 | 95.73 | Upgrade
|
| Net Income Growth | 21.73% | 10.57% | -0.31% | -9.68% | 8.44% | 13.51% | Upgrade
|
| Basic Shares Outstanding | 26 | 26 | 26 | 26 | 26 | 25 | Upgrade
|
| Diluted Shares Outstanding | 26 | 26 | 26 | 26 | 26 | 26 | Upgrade
|
| Shares Change (YoY) | -0.24% | 0.12% | 0.18% | 0.04% | 0.36% | 0.18% | Upgrade
|
| EPS (Basic) | 4.29 | 4.02 | 3.64 | 3.66 | 4.07 | 3.76 | Upgrade
|
| EPS (Diluted) | 4.27 | 4.01 | 3.63 | 3.65 | 4.04 | 3.74 | Upgrade
|
| EPS Growth | 22.01% | 10.47% | -0.55% | -9.65% | 8.02% | 13.33% | Upgrade
|
| Dividend Per Share | 2.040 | 2.020 | 1.940 | 1.860 | 1.660 | 1.420 | Upgrade
|
| Dividend Growth | 4.08% | 4.12% | 4.30% | 12.05% | 16.90% | 14.52% | Upgrade
|
| Effective Tax Rate | 18.03% | 17.70% | 16.30% | 15.02% | 17.05% | 18.49% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.