LKFN logo

Lakeland Financial (LKFN) Stock

Profile

Country:

United States

IPO:

14 August 1997

Indexes:

Not included

Description:

Lakeland Financial Corp is a banking holding company. It provides commercial, retail, asset management, and investment advisory services. Lakeland offers a wide range of products and services in the markets of Northern and Central Indiana. The company provides commercial and consumer banking services, as well as commercial trust and asset management services, brokerage services, and treasury management. It serves a wide range of industries, including commercial real estate, manufacturing, agriculture, construction, retail trade, wholesale trade, finance and insurance, accommodation and food services, as well as healthcare. Lakeland Financial Corporation was founded in 1872, with its headquarters located in Warsaw, Indiana.

Key Details

Price

$68.53

TTM Dividend Yield

2.80%(0.00% YoY)

Annual Revenue

$246.89 M(+0.88% YoY)

Annual EPS

$3.65(-9.65% YoY)

PE Ratio

17.80(-5.07% YoY)

Beta

1.12

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 25, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 25, 2024
Splits

Next split:

N/A

Recent split:

Aug 08, 2016

Analyst ratings

Recent major analysts updates

29 July '24 Keefe, Bruyette & Woods
Market Perform
26 Jan '24 Stephens & Co.
Equal-Weight
26 Jan '24 Raymond James
Outperform
26 Oct '23 Raymond James
Outperform
24 July '23 Raymond James
Outperform
26 Apr '23 Raymond James
Outperform
06 Apr '23 Raymond James
Outperform
21 Feb '23 Raymond James
Outperform
27 July '21 Stephens & Co.
Equal-Weight
09 Aug '16 Keefe, Bruyette & Woods
Market Perform

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Lakeland Financial (LKFN) Q3 Earnings and Revenues Beat Estimates
Lakeland Financial (LKFN) Q3 Earnings and Revenues Beat Estimates
Lakeland Financial (LKFN) Q3 Earnings and Revenues Beat Estimates
LKFN
zacks.com25 October 2024

Lakeland Financial (LKFN) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.98 per share a year ago.

Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4%
Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4%
Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4%
LKFN
globenewswire.com25 October 2024

WARSAW, Ind., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.3 million for the three months ended September 30, 2024, which represents a decrease of $1.9 million, or 8%, compared with net income of $25.3 million for the three months ended September 30, 2023. Diluted earnings per share were $0.91 for the third quarter of 2024 and decreased $0.07, or 7%, compared to $0.98 for the third quarter of 2023. On a linked quarter basis, net income increased $789,000, or 3%, from second quarter 2024 net income of $22.5 million. Diluted earnings per share increased $0.04, or 5%, from $0.87 on a linked quarter basis.

Lakeland Financial (LKFN) Misses Q2 Earnings Estimates
Lakeland Financial (LKFN) Misses Q2 Earnings Estimates
Lakeland Financial (LKFN) Misses Q2 Earnings Estimates
LKFN
zacks.com25 July 2024

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 Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan Growth
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
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
LKFN
globenewswire.com25 July 2024

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.

Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings
Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings
Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings
LKFN
Zacks Investment Research25 January 2024

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.

Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics
Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics
Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics
LKFN
Zacks Investment Research23 January 2024

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.

Lakeland Financial (LKFN) Lags Q2 Earnings Estimates
Lakeland Financial (LKFN) Lags Q2 Earnings Estimates
Lakeland Financial (LKFN) Lags Q2 Earnings Estimates
LKFN
Zacks Investment Research21 July 2023

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 Q1 Earnings and Revenue Estimates
Lakeland Financial (LKFN) Lags Q1 Earnings and Revenue Estimates
Lakeland Financial (LKFN) Lags Q1 Earnings and Revenue Estimates
LKFN
Zacks Investment Research25 April 2023

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.

FAQ

  • What is the primary business of Lakeland Financial?
  • What is the ticker symbol for Lakeland Financial?
  • Does Lakeland Financial pay dividends?
  • What sector is Lakeland Financial in?
  • What industry is Lakeland Financial in?
  • What country is Lakeland Financial based in?
  • When did Lakeland Financial go public?
  • Is Lakeland Financial in the S&P 500?
  • Is Lakeland Financial in the NASDAQ 100?
  • Is Lakeland Financial in the Dow Jones?
  • When was Lakeland Financial's last earnings report?
  • When does Lakeland Financial report earnings?
  • Should I buy Lakeland Financial stock now?

What is the primary business of Lakeland Financial?

Lakeland Financial Corp is a banking holding company. It provides commercial, retail, asset management, and investment advisory services. Lakeland offers a wide range of products and services in the markets of Northern and Central Indiana. The company provides commercial and consumer banking services, as well as commercial trust and asset management services, brokerage services, and treasury management. It serves a wide range of industries, including commercial real estate, manufacturing, agriculture, construction, retail trade, wholesale trade, finance and insurance, accommodation and food services, as well as healthcare. Lakeland Financial Corporation was founded in 1872, with its headquarters located in Warsaw, Indiana.

What is the ticker symbol for Lakeland Financial?

The ticker symbol for Lakeland Financial is NASDAQ:LKFN

Does Lakeland Financial pay dividends?

Yes, Lakeland Financial pays dividends. The last payment was $0.48, with an ex-dividend date on 25 October 2024

What sector is Lakeland Financial in?

Lakeland Financial is in the Financial Services sector

What industry is Lakeland Financial in?

Lakeland Financial is in the Banks - Regional industry

What country is Lakeland Financial based in?

Lakeland Financial is headquartered in United States

When did Lakeland Financial go public?

Lakeland Financial's initial public offering (IPO) was on 14 August 1997

Is Lakeland Financial in the S&P 500?

No, Lakeland Financial is not included in the S&P 500 index

Is Lakeland Financial in the NASDAQ 100?

No, Lakeland Financial is not included in the NASDAQ 100 index

Is Lakeland Financial in the Dow Jones?

No, Lakeland Financial is not included in the Dow Jones index

When was Lakeland Financial's last earnings report?

Lakeland Financial's most recent earnings report was on 25 October 2024

When does Lakeland Financial report earnings?

The next expected earnings date for Lakeland Financial is 24 January 2025

Should I buy Lakeland Financial stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions