Lakeland Financial Corp
LKFN- Exchange
- Nasdaq
- Industry
- State Commercial Banks
- SEC CIK
- 0000721994
In the last 90 days, Lakeland Financial Corp insiders filed 1 open-market purchase and 1 sale; 255 institutions reported holding it in 13F filings for Q2 2026, worth $1.30B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:11 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 26, 2026 | Jan 24, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 25, 2022 |
| Revenue | $373.7M | $373.2M | $343.3M | $239.6M | $193.2M |
| Interest expense | – | – | $146.2M | $36.7M | $15.1M |
| Income tax | $22.2M | $18.2M | $16.6M | $21.3M | $21.7M |
| Net income | $103.4M | $93.5M | $93.8M | $103.8M | $95.7M |
| EPS, basic | $4.02 | $3.64 | $3.67 | $4.07 | $3.76 |
| EPS, diluted | $4.01 | $3.63 | $3.65 | $4.04 | $3.74 |
| Weighted shares, basic | 25.7M | 25.7M | 25.6M | 25.5M | 25.5M |
| Weighted shares, diluted | 25.8M | 25.8M | 25.7M | 25.7M | 25.6M |
| Margins and growth | |||||
| Net margin | 27.7% | 25.1% | 27.3% | 43.3% | 49.5% |
| Revenue growth, year over year | +0.2% | +8.7% | +43.3% | +24.0% | +0.1% |
| Net income growth, year over year | +10.6% | −0.3% | −9.7% | +8.4% | +13.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 26, 2026 | Jan 24, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 25, 2022 |
| Cash and equivalents | $141.3M | $168.2M | $151.8M | $130.3M | $683.2M |
| Property, plant and equipment | $65.5M | $60.5M | $57.9M | $58.1M | $59.3M |
| Goodwill | $4.97M | $4.97M | $4.97M | $4.97M | $4.97M |
| Total assets | $6.99B | $6.68B | $6.52B | $6.43B | $6.56B |
| Long-term debt | – | – | $50.0M | $297.0M | – |
| Total liabilities | $6.23B | $5.99B | $5.87B | $5.86B | $5.85B |
| Shareholders' equity | $762.5M | $683.9M | $649.8M | $568.9M | $704.9M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 26, 2026 | Jan 24, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 25, 2022 |
| Operating cash flow | $114.9M | $102.5M | $114.0M | $169.3M | $113.8M |
| Capital expenditures | $11.1M | $8.63M | $5.99M | $4.82M | $6.17M |
| Free cash flow | $103.8M | $93.9M | $108.0M | $164.5M | $107.6M |
| Stock-based compensation | $8.56M | $4.59M | $3.65M | $7.81M | $7.16M |
| Dividends paid | $51.4M | $49.3M | $47.1M | $40.8M | $34.6M |
| Share buybacks | $20.4M | $592.0K | $575.0K | $579.0K | $559.0K |
| Investing cash flow | -$325.4M | -$164.2M | -$54.9M | -$626.5M | -$331.5M |
| Financing cash flow | $183.6M | $78.1M | -$37.5M | -$95.8M | $651.1M |
| Net change in cash | -$26.9M | $16.4M | $21.5M | -$553.0M | $433.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.3% | 1.2% | 1.1% | 3.3% | 3.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 22, 2026 | 24.7M | −3.2% | SEC |
| Jul 29, 2026 | 24.9M | −2.6% | SEC |
| Apr 23, 2026 | 24.9M | −2.5% | SEC |
| Feb 19, 2026 | 25.3M | −1.1% | SEC |
| Oct 23, 2025 | 25.5M | +0.1% | SEC |
| Jul 31, 2025 | 25.5M | +0.1% | SEC |
| Apr 24, 2025 | 25.6M | +0.2% | SEC |
| Feb 11, 2025 | 25.6M | +0.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.