Lakeland Financial Balance Sheet Health
Financial Health criteria checks 6/6
Lakeland Financial has total assets of $6.6B and total equity of $647.0M. Total deposits are $5.6B, and total loans are $4.8B. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $147.7M.
Key information
10.1x
Asset to equity ratio
3.3%
Net interest margin
| Total deposits | US$5.62b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$147.69m |
Recent financial health updates
No updates
Recent updates
Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48
Apr 14
Lakeland Financial Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next
Jan 28Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Jul 15Here's Why We Think Lakeland Financial (NASDAQ:LKFN) Is Well Worth Watching
Jun 09Lakeland Financial (NASDAQ:LKFN) Is Increasing Its Dividend To $0.46
Apr 15Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?
Mar 09Lakeland Financial's (NASDAQ:LKFN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 14Is Now The Time To Put Lakeland Financial (NASDAQ:LKFN) On Your Watchlist?
Dec 06Lakeland Financial goes ex-dividend tomorrow
Jul 21I Built A List Of Growing Companies And Lakeland Financial (NASDAQ:LKFN) Made The Cut
Jun 10Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Apr 16Lakeland Financial: Strong Topline Growth Likely, But Market Price Is High
Feb 18If You Like EPS Growth Then Check Out Lakeland Financial (NASDAQ:LKFN) Before It's Too Late
Jan 21Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?
Oct 11If You Like EPS Growth Then Check Out Lakeland Financial (NASDAQ:LKFN) Before It's Too Late
May 08Lakeland Financial EPS beats by $0.02, misses on revenue
Apr 26Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LKFN's Assets to Equity ratio (10.1x) is moderate.
Allowance for Bad Loans: LKFN has a sufficient allowance for bad loans (458%).
Low Risk Liabilities: 95% of LKFN's liabilities are made up of primarily low risk sources of funding.
Loan Level: LKFN has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: LKFN's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: LKFN has an appropriate level of bad loans (0.3%).