Lakeland Financial Stock (NASDAQ:LKFN)


ForecastRevenueOwnershipFinancialsChart

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$51.69

52W Range

$50.74 - $78.61

50D Avg

$62.34

200D Avg

$66.03

Market Cap

$1.34B

Avg Vol (3M)

$168.50K

Beta

0.64

Div Yield

$1.94 (3.77%)

LKFN Company Profile


Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

632

IPO Date

Aug 14, 1997

Website

LKFN Performance


LKFN Financial Summary


Dec 24Dec 23Dec 22
Revenue$373.16M$246.89M$231.92M
Operating Income$364.21M$101.58M$161.84M
Net Income$93.48M$93.77M$103.82M
EBITDA$89.38M-$130.99M
Basic EPS$3.64$3.66$4.07
Diluted EPS$3.63$3.65$4.04

Fiscal year ends in Dec 24 | Currency in USD

Peer Comparison


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FNWBFirst Northwest Bancorp
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LSBKLake Shore Bancorp, Inc.
HTBIHomeTrust Bancshares, Inc.
FFBCFirst Financial Bancorp.
HFWAHeritage Financial Corporation
FNWDFinward Bancorp
FBMSThe First Bancshares, Inc.
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)
HTBKHeritage Commerce Corp
MBWMMercantile Bank Corporation
CWBCCommunity West Bancshares
FFNWFirst Financial Northwest, Inc.
GABCGerman American Bancorp, Inc.
IBCPIndependent Bank Corporation