LKFNNasdaqState Commercial BanksFiscal year ends December 31
LAKELAND FINANCIAL CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$57.56−0.44 (-0.76%)
Close on Oct 19, 2026
- Market cap
- $1.45B
- P/E (TTM)
- 13.2
- Dividend yield
- 3.47%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
38.4%−1.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.1% | +3.2% | +5.1% | +6.9% | |
| Net income | +10.6% | -0.1% | +4.2% | +8.3% | |
| EPS, diluted | +10.5% | -0.2% | +4.0% | +8.1% | |
| Free cash flow | +10.6% | -14.2% | +4.9% | +8.3% | |
| Dividend per share | +4.2% | +7.7% | +10.8% | +12.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.7% | 13.4% | 14.3% | |
| Return on assets | 1.3% | 1.6% | 1.5% | |
| Capex to revenue | 1058.7% | 2.7% | 4.1% | |
| Diluted shares | 25M | 26M | 26M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Lakeland Financial generated $614.46M from operations and spent $282.70M on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$614.46M
Used
$282.70M
Capital expenditure$36.74M13%Dividends$223.27M79%Share buybacks$22.70M8%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin38.4%
×Asset turnover0.04×
×Equity multiplier9.45×
=Return on equity, FY202514.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 38.4% | 0.04× | 9.45× | 14.3% |
| FY2024 | 36.9% | 0.04× | 9.90× | 14.0% |
| FY2023 | 38.0% | 0.04× | 10.63× | 15.4% |
| FY2022 | 42.4% | 0.04× | 10.20× | 16.3% |
| FY2021 | 43.0% | 0.04× | 9.10× | 14.1% |
| FY2020 | 40.2% | 0.04× | 8.59× | 13.4% |
| FY2019 | 43.5% | 0.04× | 8.77× | 15.5% |
| FY2018 | 8163.6% | 0.00× | 9.65× | 16.2% |
| FY2017 | 5698.8% | 0.00× | 10.02× | 12.8% |
| FY2016 | 5612.5% | 0.00× | 9.83× | 12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$103.36M
- Cash generatingOperating cash flow above zero$114.89M
- Return on assets improvedROA up on the prior year1.4% → 1.5%
- Earnings backed by cashOperating cash flow above net income$114.89M vs $103.36M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise26M → 26M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.04