Lakeland Financial Past Earnings Performance
Past criteria checks 5/6
Lakeland Financial has been growing earnings at an average annual rate of 3.5%, while the Banks industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 5.5% per year. Lakeland Financial's return on equity is 14.1%, and it has net margins of 40.8%.
Key information
3.5%
Earnings growth rate
3.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 5.5% |
| Return on equity | 14.1% |
| Net Margin | 40.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 21Revenue & Expenses Breakdown
How Lakeland Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 242 | 99 | 106 | 0 |
| 30 Jun 24 | 243 | 101 | 105 | 0 |
| 31 Mar 24 | 242 | 93 | 100 | 0 |
| 31 Dec 23 | 241 | 94 | 99 | 0 |
| 30 Sep 23 | 234 | 90 | 97 | 0 |
| 30 Jun 23 | 238 | 93 | 95 | 0 |
| 31 Mar 23 | 238 | 104 | 98 | 0 |
| 31 Dec 22 | 235 | 104 | 95 | 0 |
| 30 Sep 22 | 232 | 102 | 93 | 0 |
| 30 Jun 22 | 225 | 98 | 92 | 0 |
| 31 Mar 22 | 222 | 96 | 92 | 0 |
| 31 Dec 21 | 222 | 96 | 93 | 0 |
| 30 Sep 21 | 223 | 96 | 93 | 0 |
| 30 Jun 21 | 218 | 95 | 91 | 0 |
| 31 Mar 21 | 207 | 90 | 86 | 0 |
| 31 Dec 20 | 195 | 84 | 81 | 0 |
| 30 Sep 20 | 189 | 82 | 79 | 0 |
| 30 Jun 20 | 187 | 81 | 79 | 0 |
| 31 Mar 20 | 191 | 83 | 79 | 0 |
| 31 Dec 19 | 197 | 87 | 79 | 0 |
| 30 Sep 19 | 196 | 86 | 79 | 0 |
| 30 Jun 19 | 195 | 85 | 79 | 0 |
| 31 Mar 19 | 191 | 84 | 78 | 0 |
| 31 Dec 18 | 185 | 80 | 77 | 0 |
| 30 Sep 18 | 179 | 71 | 75 | 0 |
| 30 Jun 18 | 175 | 66 | 73 | 0 |
| 31 Mar 18 | 172 | 61 | 72 | 0 |
| 31 Dec 17 | 169 | 57 | 71 | 0 |
| 30 Sep 17 | 164 | 59 | 70 | 0 |
| 30 Jun 17 | 159 | 57 | 68 | 0 |
| 31 Mar 17 | 154 | 54 | 67 | 0 |
| 31 Dec 16 | 150 | 52 | 64 | 0 |
| 30 Sep 16 | 147 | 51 | 64 | 0 |
| 30 Jun 16 | 143 | 49 | 62 | 0 |
| 31 Mar 16 | 140 | 48 | 60 | 0 |
| 31 Dec 15 | 137 | 46 | 60 | 0 |
| 30 Sep 15 | 135 | 45 | 59 | 0 |
| 30 Jun 15 | 134 | 45 | 59 | 0 |
| 31 Mar 15 | 134 | 45 | 58 | 0 |
| 31 Dec 14 | 132 | 44 | 58 | 0 |
| 30 Sep 14 | 131 | 43 | 59 | 0 |
| 30 Jun 14 | 128 | 42 | 58 | 0 |
| 31 Mar 14 | 125 | 40 | 57 | 0 |
| 31 Dec 13 | 121 | 39 | 55 | 0 |
Quality Earnings: LKFN has high quality earnings.
Growing Profit Margin: LKFN's current net profit margins (40.8%) are higher than last year (38.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LKFN's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: LKFN's earnings growth over the past year (9.8%) exceeds its 5-year average (3.5% per year).
Earnings vs Industry: LKFN earnings growth over the past year (9.8%) exceeded the Banks industry -13.2%.
Return on Equity
High ROE: LKFN's Return on Equity (14.1%) is considered low.