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Lakeland Financial NasdaqGS:LKFN Stock Report

Last Price

US$72.11

Market Cap

US$1.9b

7D

-2.9%

1Y

30.5%

Updated

20 Nov, 2024

Data

Company Financials +

Lakeland Financial Corporation

NasdaqGS:LKFN Stock Report

Market Cap: US$1.9b

LKFN Stock Overview

Operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. More details

LKFN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Lakeland Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lakeland Financial
Historical stock prices
Current Share PriceUS$72.11
52 Week HighUS$78.31
52 Week LowUS$53.97
Beta0.65
11 Month Change10.72%
3 Month Change14.88%
1 Year Change30.49%
33 Year Change-2.86%
5 Year Change51.36%
Change since IPO3,361.28%

Recent News & Updates

Recent updates

Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48

Apr 14
Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48

Lakeland Financial Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

Jan 28
Lakeland Financial Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year

Jul 15
Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Lakeland Financial (NASDAQ:LKFN) Is Well Worth Watching

Jun 09
Here's Why We Think Lakeland Financial (NASDAQ:LKFN) Is Well Worth Watching

Lakeland Financial (NASDAQ:LKFN) Is Increasing Its Dividend To $0.46

Apr 15
Lakeland Financial (NASDAQ:LKFN) Is Increasing Its Dividend To $0.46

Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?

Mar 09
Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?

Lakeland Financial's (NASDAQ:LKFN) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 14
Lakeland Financial's (NASDAQ:LKFN) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Now The Time To Put Lakeland Financial (NASDAQ:LKFN) On Your Watchlist?

Dec 06
Is Now The Time To Put Lakeland Financial (NASDAQ:LKFN) On Your Watchlist?

Lakeland Financial goes ex-dividend tomorrow

Jul 21

I Built A List Of Growing Companies And Lakeland Financial (NASDAQ:LKFN) Made The Cut

Jun 10
I Built A List Of Growing Companies And Lakeland Financial (NASDAQ:LKFN) Made The Cut

Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year

Apr 16
Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year

Lakeland Financial: Strong Topline Growth Likely, But Market Price Is High

Feb 18

Shareholder Returns

LKFNUS BanksUS Market
7D-2.9%-0.9%-1.0%
1Y30.5%53.3%30.3%

Return vs Industry: LKFN underperformed the US Banks industry which returned 54.2% over the past year.

Return vs Market: LKFN matched the US Market which returned 30.4% over the past year.

Price Volatility

Is LKFN's price volatile compared to industry and market?
LKFN volatility
LKFN Average Weekly Movement5.6%
Banks Industry Average Movement5.1%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: LKFN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LKFN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1872626David Findlaywww.lakecitybank.com

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. 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, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans.

Lakeland Financial Corporation Fundamentals Summary

How do Lakeland Financial's earnings and revenue compare to its market cap?
LKFN fundamental statistics
Market capUS$1.85b
Earnings (TTM)US$98.91m
Revenue (TTM)US$242.40m

18.6x

P/E Ratio

2.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LKFN income statement (TTM)
RevenueUS$242.40m
Cost of RevenueUS$0
Gross ProfitUS$242.40m
Other ExpensesUS$143.49m
EarningsUS$98.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.88
Gross Margin100.00%
Net Profit Margin40.81%
Debt/Equity Ratio4.3%

How did LKFN perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

50%

Payout Ratio