LAKELAND FINANCIAL CORP
Close on Oct 19, 2026
- Market cap
- $1.45B
- P/E (TTM)
- 13.2
- Dividend yield
- 3.47%
About Lakeland Financial
State Commercial Banks, SIC 6022
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank, delivering community and commercial financial services across a single operating segment. Its core solutions include commercial and consumer lending, deposit accounts, retail and merchant credit cards, private banking, and corporate treasury management, alongside wealth advisory, trust, and brokerage offerings. The company serves individual consumers and a diverse range of business clients across multiple sectors, including commercial real estate, agriculture, manufacturing, healthcare, construction, retail, and wholesale.
The company conducts its operations within the United States, maintaining its corporate headquarters in Warsaw, Indiana. As of December 31, 2025, it operated 55 branch offices across 15 counties, comprising 46 locations in Northern Indiana and nine branches in Central Indiana within the Indianapolis market.
Summary of the business section of Lakeland Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LAKELAND FINANCIAL CORP
- Founded
- 1872
- Headquarters
- Warsaw, IN
- Address
- 202 E Center St, P O Box 1387 46581-1387
- Phone
- (574) 267-6144
- Website
- lakecitybank.com
- Employees
- 568, Dec 31, 2019
- Industry
- State Commercial Banks
- Incorporated in
- Indiana
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Indianapolis, Indiana
Stock & identifiers
- Ticker
- LKFN
- Exchange
- Nasdaq
- IPO date
- Aug 14, 1997
- Shares outstanding
- 25M, Jul 29, 2026
- Public float
- $1.51B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Aug 9, 2016; 3-for-2, Aug 8, 2016; 2-for-1, May 1, 2006; 2-for-1, May 18, 1998
- SEC CIK
- 721994
- CUSIP
- 511656100
- ISIN
- US5116561003
- EIN
- 35-1559596
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Donald Robinson-Gay | Senior Vice President | 8,398 |
| Kyra E. Clark | Senior Vice President | 11,396 |
| Eric H. Ottinger | Executive Vice President | 36,419 |
| Carrie Gutman | Senior Vice President | 2,958 |
| David M. Findlay | CEO | 129,099 |
| Kristin Pruitt | President | 36,963 |
| Jennifer M. Hurford | SVP & Treasurer | 9,809 |
| Lisa M. O'Neill | EVP & CFO | 41,255 |
| Brok A. Lahrman | SVP, Chief Accounting Officer | 4,112 |
| James Rickard Donovan | SVP, General Counsel | 15,606 |
| Stephanie R. Leniski | Executive Vice President | 17,632 |
| Jonathan P. Steiner | Senior Vice President | 15,234 |
| Emily E. Pichon | Director | 20,148 |
| Melinda Jo Truex | Director | 69,889 |
| Darrianne P. Christian | Director | 10,750 |
| Brian J. Smith | Director | 68,753 |
| Faraz Abbasi | Director | 5,850 |
| Bradley J. Toothaker | Director | 14,278 |
| Blake Augsburger | Director | 18,863 |
| M. Scott Welch | Director | 213,913 |
| Daniel Brian Starr | Director | 1,300 |
| Steven D. Ross | Director | 27,001 |
| Robert E. Bartels Jr | Director | 33,451 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Mr. Findlay | $2.05M | $567.47K | $909.84K | $160 | $133 |
| FY2023 Mr. Findlay | $2.05M | -$854.15K | $869.04K | $147 | $97 |
| FY2022 Mr. Findlay | $2.26M | $1.41M | $931.89K | $160 | $98 |
| FY2021 Mr. Findlay | $1.92M | $3.54M | $798.63K | $172 | $124 |
| FY2020 Mr. Findlay | $1.66M | -$95.72K | $688.98K | $113 | $90 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2019, the Company had 568 full-time equivalent employees.”