Lakeland Financial Balance Sheet Health
Financial Health criteria checks 6/6
Lakeland Financial has total assets of $6.7B and total equity of $683.9M. Total deposits are $5.9B, and total loans are $5.0B. It earns a Net Interest Margin of 3.2%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $168.2M.
Key information
9.8x
Asset to equity ratio
3.2%
Net interest margin
| Total deposits | US$5.90b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$168.21m |
Recent financial health updates
No updates
Recent updates
Lakeland Financial (NASDAQ:LKFN) Has Announced That It Will Be Increasing Its Dividend To $0.50
Jan 19
Lakeland Financial: Positive Earnings Outlook, Expensive Stock Price, And Large Short Interest (Rating Downgrade)
Dec 26Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48
Apr 14Lakeland 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 16Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LKFN's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: LKFN has a sufficient allowance for bad loans (152%).
Low Risk Liabilities: 98% 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 (75%).
Low Risk Deposits: LKFN's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: LKFN has an appropriate level of bad loans (1.1%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 11:17 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Lakeland Financial Corporation is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Beury | Boenning & Scattergood, Inc. |
| Kevin Reevey | D.A. Davidson & Co. |
| John Rodis | Janney Montgomery Scott LLC |