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LKFNLakeland Financial Corporation
$58.36$1.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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LKFN logo

Lakeland Financial Corporation

LKFN
NASDAQ · Regional Banks
$58.36
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$1.45B
P/E14.6x
52W High$66.45
Volume196.88K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Stable NIM Masks CRE Concentration Risk

Lakeland Financial's net interest margin has held steady at 0.8% for five consecutive quarters, with net interest income growing 6.2% YoY in 2026Q2, reflecting disciplined expense management (efficiency ratio 31.8%) and a sticky low-cost deposit base. However,...

GrowthDecelerating
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

LKFN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 54 · Avg

Average momentum (RS Rating: 54)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 27

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
LKFN+6.13%
S&P 500 (^GSPC)+12.39%
1-Year Return
LKFN-7.16%
S&P 500 (^GSPC)+15.77%
3-Year Return
LKFN+37.66%
S&P 500 (^GSPC)+72.95%
5-Year Return
LKFN+2.73%
S&P 500 (^GSPC)+67.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
14.6x
Forward P/EExpansion
13.3x
EV/EBITDA20th %ile
12.1x
FCF YieldCash Flow
7.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
14.6x
18.1x
20th· Low
EV/EBITDA
12.1x
13.5x
20th· Low
Price/FCF
14.0x
15.5x
20th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$36.52-37.4%
Base (Fair)$61.26+2.6%
Bull$91.74+57.2%
$36.52 Bear$61.26 Base$91.74 Bull
Current Market Price: $58.36
Trades at a 4.7% discount to Base DCF ($61.26)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$269M+6.1% YoY
Net income
$103M+10.6% YoY
Free cash flow
$104M+10.6% YoY
Operating margin
29.8%+3.8 pts YoY
ROIC (TTM)11.6%
Avg ROIC 5Y-
ROE (TTM)14.3%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 27, 2026
$1.13+4.6%
vs $1.08
$71M-1.7%
vs $72M
Q2 2026
Apr 27, 2026
$1.04+3.0%
vs $1.01
$70M-1.0%
vs $70M
Q1 2026
Jan 26, 2026
$1.16+10.5%
vs $1.05
$70M+0.5%
vs $69M
Q4 2025
Oct 27, 2025
$1.03-1.0%
vs $1.04
$69M-0.2%
vs $69M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
GlobeNewsWire·1d ago
Lake City Bank Named to Piper Sandler Sm-All Stars Class of 2026; Among Top 25 Small-cap Banks and Thrifts in the Country

WARSAW, Indiana, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced it was named to the Piper Sandler Sm-All Stars Class of 2026, which recognizes the top performing small-cap banks and thrifts across the United States. Lake City Bank was among only 25 institutions recognized nationwide and was the only bank headquartered in Indiana to make the list.

Zacks Investment Research·Sep 14, 2026
Lakeland Financial (LKFN) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?

Zacks Investment Research·Aug 28, 2026
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?

GlobeNewsWire·Aug 25, 2026
Lake City Bank Ranked Among Top Performing U.S. Banks in Bank Director Magazine's 2026 RankingBanking

WARSAW, Ind., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced today that the bank ranked 15th in its peer group of banks in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded banks in the United States.

Filtered for Lakeland Financial CorporationMore Headlines
04

Compare before deciding

Benchmark LKFN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Lakeland Financial Corporation (LKFN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LKFN logoLKFNLakeland Financial CorporationCurrent
$58.36$1.45B14.556.1%24.51%14.29%3.42%
FFIN logoFFINFirst Financial Bankshares, Inc.
$31.92$4.57B18.0316.23%31.14%14.2%—
TOWN logoTOWNTowneBank
$36.07$3.33B16.324.73%24.14%11.63%—
SFNC logoSFNCSimmons First National Corporation
$22.89$3.32B-7.76-86.6%-63.53%-10.51%—
FULT logoFULTFulton Financial Corporation
$22.75$4.35B10.9411.19%20.71%11.15%—
IBCP logoIBCPIndependent Bank Corporation
$35.30$727.4M10.804.57%22.71%14.12%—

Compare LKFN vs Peers

Lakeland Financial Corporation (LKFN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FFIN

Most directly comparable listed peer for LKFN.

Scale Benchmark

vs FITB

Larger-name benchmark to compare LKFN against a more recognizable public peer.

Peer Set

Compare Top 5

vs FFIN, TOWN, SFNC, FULT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

LKFN SEC Filings & Documents

Lakeland Financial Corporation (LKFN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 27, 2026·SEC

Material company update

Jul 27, 2026·SEC

Material company update

Jul 14, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 29, 2025·SEC

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LKFN Frequently Asked Questions

Lakeland Financial Corporation (LKFN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Lakeland Financial Corporation growing?

Lakeland Financial Corporation (LKFN) grew revenue by 6.1% over the past year. This is steady growth.

Is LKFN profitable?

Yes, Lakeland Financial Corporation (LKFN) is profitable, generating $111.2M in net income for fiscal year 2025 (24.5% net margin).

Dividend & Returns
Does LKFN pay dividends?

Yes, Lakeland Financial Corporation (LKFN) pays a dividend with a yield of 3.42%. This makes it attractive for income-focused investors.

What is LKFN's return on equity?

Lakeland Financial Corporation (LKFN) has a return on equity (ROE) of 14.3%. This is reasonable for most industries.

Industry Metrics
What is Lakeland Financial Corporation's net interest margin?

Lakeland Financial Corporation (LKFN) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.

What is Lakeland Financial Corporation's efficiency ratio?

Lakeland Financial Corporation (LKFN) has an efficiency ratio of 31.2%. This is excellent, indicating strong cost control.

What if you invested $1,000 in LKFN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →