Lakeland Financial Corporation
Lakeland Financial Corporation
Your view on LKFN
Overview
What the company does, where it operates, and who runs it.
About Lakeland Financial Corporation
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- David M. Findlay
- Headquarters
- 202 East Center Street, Warsaw, IN, US
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- David M. Findlay
- Headquarters
- 202 East Center Street, Warsaw, IN, US
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.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Lakeland Financial Corporation, and the rating behind it. LKFN last traded at $61.16, 13.5× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Lakeland Financial Corporation. Starting points for Lakeland Financial Corporation: P/E 13.5, EPS $4.54, beta 0.76 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Lakeland Financial Corporation. Lakeland Financial Corporation paid $2.08 per share over the last year — a 3.4% yield at the current $61.16 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Lakeland Financial Corporation. Trailing twelve-month EPS for Lakeland Financial Corporation stands at $4.54. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Lakeland Financial Corporation. Lakeland Financial Corporation has reported as a listed company since 1997. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Lakeland Financial Corporation valued side by side against its closest peers. Lakeland Financial Corporation is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Lakeland Financial Corporation, and how their positions are changing. At a $1.52B market value, institutional positions materially move Lakeland Financial Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Lakeland Financial Corporation executives and directors. Shares of Lakeland Financial Corporation have traded between $50.00 and $78.61 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Lakeland Financial Corporation. Lakeland Financial Corporation is a $1.52B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Lakeland Financial Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Lakeland Financial Corporation. Coverage tracks Lakeland Financial Corporation within Banks - Regional (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.