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XNAS
LKFN
Market cap1.43bUSD
Oct 08, Last price  
57.45USD
1D
0.45%
1Q
-4.88%
Jan 2017
21.30%
Name

Lakeland Financial Corp

Chart & performance

D1W1MN
XNAS:LKFN chart
P/E
13.85
P/S
3.39
EPS
4.15
Div yield, %
3.48%
Shrs. gr., 5y
0.15%
Rev. gr., 5y
13.08%
Revenues
422m
-1.93%
123,815,000137,553,000141,812,000138,587,000141,103,000140,442,000135,187,000132,838,000141,170,000146,426,000163,667,000193,505,000229,587,000249,800,000228,082,000237,939,000281,429,000393,125,000430,002,000421,706,000
Net income
103m
+10.57%
18,721,00019,211,00019,701,00018,979,00024,543,00030,662,00035,394,00038,839,00043,805,00046,367,00052,084,00057,330,00080,411,00087,047,00084,337,00095,733,000103,817,00093,767,00093,478,000103,361,000
CFO
115m
+12.10%
20,193,00033,043,00029,352,00024,262,00045,699,00051,402,00050,592,00062,965,00054,381,00055,781,00062,199,00077,242,000104,975,000100,039,00087,228,000113,768,000169,342,000113,981,000102,485,000114,887,000
Dividend
Jul 24, 20260.52 USD/sh

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Profile

Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions. The company manages various deposit accounts, including non-interest-bearing and interest-bearing checking, savings, money market, NOW, and demand deposits. Its lending portfolio is diverse, providing commercial and industrial loans, financing for commercial real estate and multi-family residences, agri-business and agricultural loans, and a variety of consumer loans, such as 1-4 family mortgages. Beyond traditional banking, Lakeland Financial offers retail and merchant credit card services, advanced corporate treasury management, wealth advisory, and trust administration. It also facilitates retail brokerage, featuring investment vehicles like annuities and life insurance, and supports clients with mobile business banking and online treasury management platforms. The firm caters to a wide range of sectors, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, hospitality, and healthcare industries. Established in 1872, Lakeland Financial Corporation is headquartered in Warsaw, Indiana. As of December 31, 2021, it operated an extensive network of 51 branches across fifteen counties, with 45 located in northern Indiana and six in central Indiana.

Key people

David Findlay
Chairman of the Board, Chief Executive Officer · since 2024
Lisa O'neill
Chief Financial Officer, Executive Vice President · since 2019
Stephanie Leniski
Executive Vice President, Chief Retail Banking Officer of the Company and Lake City Bank · since 2025
Eric Ottinger
Executive Vice President, Chief Commercial Banking Officer · since 2011
Kyra Clark
Chief Human Resources Officer, Senior Vice President · since 2023
Carrie Gutman
Senior Vice President, Chief Wealth Advisory Officer · since 2024
Donald Robinson-Gay
Senior Vice President, Chief Credit Officer · since 2023
J. Rickard Donovan
Senior Vice President, General Counsel, Corporate Secretary · since 2023
Blake Augsburger
Lead Independent Director · since 2023
Kristin Pruitt
President, Director · since 2023
A. Faraz Abbasi
Independent Director · since 2022
Robert Bartels
Independent Director · since 2002
Darrianne Christian
Independent Director · since 2018
Mindy Creighton Truex
Independent Director · since 2025
Emily Pichon
Independent Director · since 2002
Steven Ross
Independent Director · since 2000
Brian Smith
Independent Director · since 2011
Dan Starr
Independent Director · since 2025
Bradley Toothaker
Independent Director · since 2011
Independent Director · since 2020
IPO date
Mar 08, 1994
Employees
632
Domiciled in
US
Incorporated in
US

Valuation

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