Lakeland Financial (LKFN) Revenue & Revenue Breakdown
Lakeland Financial Revenue Highlights
Latest Revenue (Y)
$343.27M
Latest Revenue (Q)
$95.02M
Lakeland Financial Revenue by Period
Lakeland Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $343.27M | 48.01% |
| 2022-12-31 | $231.92M | 10.37% |
| 2021-12-31 | $210.13M | 6.14% |
| 2020-12-31 | $197.99M | 4.40% |
| 2019-12-31 | $189.64M | 4.37% |
| 2018-12-31 | $181.70M | 11.01% |
| 2017-12-31 | $163.67M | 14.30% |
| 2016-12-31 | $143.20M | 10.31% |
| 2015-12-31 | $129.81M | 2.88% |
| 2014-12-31 | $126.19M | 9.21% |
| 2013-12-31 | $115.54M | 6.50% |
| 2012-12-31 | $108.49M | -5.31% |
| 2011-12-31 | $114.57M | -1.02% |
| 2010-12-31 | $115.75M | 12.65% |
| 2009-12-31 | $102.75M | 18.65% |
| 2008-12-31 | $86.60M | 16.81% |
| 2007-12-31 | $74.14M | 5.02% |
| 2006-12-31 | $70.59M | 3.85% |
| 2005-12-31 | $67.97M | 13.80% |
| 2004-12-31 | $59.73M | -1.48% |
| 2003-12-31 | $60.63M | 7.09% |
| 2002-12-31 | $56.61M | 11.20% |
| 2001-12-31 | $50.91M | 12.09% |
| 2000-12-31 | $45.42M | 2.63% |
| 1999-12-31 | $44.26M | 14.06% |
| 1998-12-31 | $38.80M | 20.87% |
| 1997-12-31 | $32.10M | 442.32% |
| 1996-12-31 | $5.92M | 24.45% |
| 1995-12-31 | $4.76M | -6.08% |
| 1994-12-31 | $5.06M | - |
Lakeland Financial generated $343.27M in revenue during NA 2023, up 48.01% compared to the previous quarter, and up 188.92% compared to the same period a year ago.
Lakeland Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $95.02M | -16.78% |
| 2024-06-30 | $114.17M | 10.16% |
| 2024-03-31 | $103.65M | -4.16% |
| 2023-12-31 | $108.15M | 82.60% |
| 2023-09-30 | $59.23M | -1.33% |
| 2023-06-30 | $60.02M | 2.82% |
| 2023-03-31 | $58.38M | -8.84% |
| 2022-12-31 | $64.04M | 7.76% |
| 2022-09-30 | $59.43M | 6.19% |
| 2022-06-30 | $55.97M | 6.63% |
| 2022-03-31 | $52.49M | 1.45% |
| 2021-12-31 | $51.73M | -3.64% |
| 2021-09-30 | $53.69M | 3.65% |
| 2021-06-30 | $51.80M | -2.12% |
| 2021-03-31 | $52.92M | -0.84% |
| 2020-12-31 | $53.37M | 6.73% |
| 2020-09-30 | $50.00M | 4.46% |
| 2020-06-30 | $47.87M | 2.39% |
| 2020-03-31 | $46.75M | -0.98% |
| 2019-12-31 | $47.21M | -1.00% |
| 2019-09-30 | $47.69M | 0.56% |
| 2019-06-30 | $47.42M | 0.25% |
| 2019-03-31 | $47.31M | 0.01% |
| 2018-12-31 | $47.30M | 3.12% |
| 2018-09-30 | $45.87M | 2.08% |
| 2018-06-30 | $44.94M | 3.09% |
| 2018-03-31 | $43.59M | 2.22% |
| 2017-12-31 | $42.64M | 1.33% |
| 2017-09-30 | $42.09M | 3.57% |
| 2017-06-30 | $40.64M | 6.09% |
| 2017-03-31 | $38.30M | 1.79% |
| 2016-12-31 | $37.63M | 2.38% |
| 2016-09-30 | $36.75M | 4.36% |
| 2016-06-30 | $35.22M | 4.84% |
| 2016-03-31 | $33.59M | 0.03% |
| 2015-12-31 | $33.58M | 2.82% |
| 2015-09-30 | $32.66M | 2.59% |
| 2015-06-30 | $31.84M | 0.35% |
| 2015-03-31 | $31.73M | 0.29% |
| 2014-12-31 | $31.64M | -1.99% |
| 2014-09-30 | $32.28M | 1.98% |
| 2014-06-30 | $31.65M | 3.39% |
| 2014-03-31 | $30.62M | -0.13% |
| 2013-12-31 | $30.66M | 4.49% |
| 2013-09-30 | $29.34M | 4.40% |
| 2013-06-30 | $28.10M | 2.39% |
| 2013-03-31 | $27.45M | 15.35% |
| 2012-12-31 | $23.79M | -16.19% |
| 2012-09-30 | $28.39M | 1.53% |
| 2012-06-30 | $27.96M | -1.37% |
| 2012-03-31 | $28.35M | 0.10% |
| 2011-12-31 | $28.32M | -1.48% |
| 2011-09-30 | $28.74M | -0.41% |
| 2011-06-30 | $28.86M | 1.77% |
| 2011-03-31 | $28.36M | -4.40% |
| 2010-12-31 | $29.66M | 0.51% |
| 2010-09-30 | $29.51M | 3.22% |
| 2010-06-30 | $28.59M | -11.46% |
| 2010-03-31 | $32.29M | 16.00% |
| 2009-12-31 | $27.84M | 4.01% |
| 2009-09-30 | $26.77M | 4.72% |
| 2009-06-30 | $25.56M | 13.17% |
| 2009-03-31 | $22.59M | 5.65% |
| 2008-12-31 | $21.38M | -8.93% |
| 2008-09-30 | $23.47M | 9.33% |
| 2008-06-30 | $21.47M | 5.89% |
| 2008-03-31 | $20.27M | 6.23% |
| 2007-12-31 | $19.09M | - |
Lakeland Financial generated $95.02M in revenue during Q3 2024, up -16.78% compared to the previous quarter, and up 158.30% compared to the same period a year ago.
Lakeland Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FFBC | First Financial Ban | $1.12B | $314.22M |
| FBMS | First Bancshares | $387.64M | $91.03M |
| LKFN | Lakeland Financial | $343.27M | $95.02M |
| GABC | German American Bancorp | $316.92M | $71.58M |
| MBWM | Mercantile Bank | $303.50M | $93.08M |
| HFWA | Heritage Financial | $303.13M | $81.83M |
| IBCP | Independent Bank | $294.56M | $81.63M |
| NFBK | Northfield Bancorp, Inc. (Staten Island, NY) | $220.69M | $63.08M |
| HTBI | HomeTrust Bancshares | $186.37M | $73.53M |
| HBCP | Home Bancorp | $178.87M | $51.02M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HTBK | Heritage Commerce | $9.00K | $61.25M |
LKFN Revenue FAQ
What is Lakeland Financial’s yearly revenue?
Lakeland Financial's yearly revenue for 2023 was $343.27M, representing an increase of 48.01% compared to 2022. The company's yearly revenue for 2022 was $231.92M, representing an increase of 10.37% compared to 2021. LKFN's yearly revenue for 2021 was $210.13M, representing an increase of 6.14% compared to 2020.
What is Lakeland Financial’s quarterly revenue?
Lakeland Financial's quarterly revenue for Q3 2024 was $95.02M, a -16.78% decrease from the previous quarter (Q2 2024), and a 60.43% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $114.18M, a 10.16% increase from the previous quarter (Q1 2024), and a 90.21% increase year-over-year (Q2 2023). LKFN's quarterly revenue for Q1 2024 was $103.65M, a -4.16% decrease from the previous quarter (Q4 2023), and a 77.53% increase year-over-year (Q1 2023).
What is Lakeland Financial’s revenue growth rate?
Lakeland Financial's revenue growth rate for the last 3 years (2021-2023) was 63.36%, and for the last 5 years (2019-2023) was 81.01%.