LKFN
Lakeland Financial Corporation
NASDAQ · Financial Services · Banks - Regional · US
$60.57
+0.90%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 427.1M | 421.7M | 430.0M | 393.1M | 281.4M |
| Cost of Revenue | 153.4M | 164.5M | 193.2M | 152.1M | 46.1M |
| Gross Profit | 273.7M | 257.2M | 236.8M | 241.0M | 235.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 100.1M | 74.5M | 70.2M | 62.5M | 60.5M |
| General & Admin Expense | 97.3M | 74.5M | 70.2M | 62.5M | 60.5M |
| Selling & Marketing Expense | 2.7M | — | — | — | — |
| Other Expenses | 37.8M | 57.1M | 54.9M | 68.2M | 49.7M |
| Total Operating Expenses | 137.8M | 131.6M | 125.1M | 130.7M | 110.2M |
| Cost and Expenses | 291.2M | 296.1M | 318.3M | 282.8M | 156.3M |
| Operating Income (EBIT) | 135.8M | 125.6M | 111.7M | 110.3M | 125.2M |
| Non-Operating | |||||
| Interest Income | 376.0M | 373.7M | 373.2M | 343.3M | 239.6M |
| Interest Expense | 147.7M | 152.7M | 176.5M | 146.2M | 36.7M |
| Net Interest Income | 228.3M | 221.0M | 196.7M | 197.0M | 202.9M |
| Other Non-Op Income/Expense | (170.0K) | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 135.7M | 125.6M | 111.7M | 110.3M | 125.2M |
| Income Tax Expense | 24.4M | 22.2M | 18.2M | 16.6M | 21.3M |
| Bottom Line | |||||
| Net Income | 111.2M | 103.4M | 93.5M | 93.8M | 103.8M |
| Earnings from Cont. Ops | 111.2M | 103.4M | 93.5M | 93.8M | 103.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 111.2M | 103.4M | 93.5M | 93.8M | 103.8M |
| Per Share | |||||
| Basic EPS | $4.38 | $4.02 | $3.64 | $3.66 | $4.07 |
| Diluted EPS | $4.36 | $4.01 | $3.63 | $3.65 | $4.04 |
| Revenue Per Share | $17.04 | $16.46 | $16.75 | $15.35 | $11.02 |
| Shares | |||||
| Basic Shares Outstanding | 25.1M | 25.6M | 25.7M | 25.6M | 25.5M |
| Diluted Shares Outstanding | 25.2M | 25.8M | 25.8M | 25.7M | 25.7M |
| Profitability Metrics | |||||
| EBITDA | 140.3M | 130.4M | 117.6M | 116.5M | 131.9M |
| D&A | 4.4M | 4.8M | 6.0M | 6.2M | 6.8M |
| EBIT | 135.8M | 125.6M | 111.7M | 110.3M | 125.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026