Lakeland Financial Corporation (LKFN)
Stock Price Chart
Key Info
| Market Cap | 1.27B |
| Revenue (ttm) | 187.29M |
| Net Income (ttm) | 80.62M |
| Shares Out | 25.71M |
| EPS (ttm) | 3.13 |
| PE Ratio | 15.73 |
| Forward PE | 16.16 |
| Dividend | $1.20 |
| Dividend Yield | 2.44% |
Stock Quote
| Trading Day | Aug 7, 2020 |
| Last Price | $49.22 |
| Previous Close | $47.37 |
| Change ($) | 1.85 |
| Change (%) | 3.91% |
| Day's Open | 47.25 |
| Day's Range | 46.90 - 49.52 |
| Day's Volume | 231,656 |
| 52-Week Range | 30.49 - 50.00 |
More Stats
| Market Cap | 1.27B |
| Enterprise Value | 1.25B |
| Earnings Date (est) | Oct 26, 2020 |
| Ex-Dividend Date | Jul 23, 2020 |
| Shares Outstanding | 25.71M |
| Float | 24.15M |
| EPS (basic) | 3.15 |
| EPS (diluted) | 3.13 |
| FCF / Share | 3.49 |
| Dividend | $1.20 |
| Dividend Yield | 2.44% |
| Earnings Yield | 6.36% |
| FCF Yield | 7.01% |
| Payout Ratio | 38.10% |
| Shares Short | 1.48M |
| Short Ratio | 9.77 |
| Short % of Float | 6.13% |
| Beta | 0.98 |
| PE Ratio | 15.73 |
| Forward PE | 16.16 |
| P/FCF Ratio | 14.27 |
| PS Ratio | 6.76 |
| PB Ratio | 1.96 |
| Revenue | 187.29M |
| Operating Income | 99.26M |
| Net Income | 80.62M |
| Free Cash Flow | 88.65M |
| Net Cash | 15.84M |
| Net Cash / Share | 0.62 |
| Gross Margin | 105.08% |
| Operating Margin | 53.00% |
| Profit Margin | 43.00% |
| FCF Margin | 47.33% |
| ROA | 1.55% |
| ROE | 13.59% |
| ROIC | 2.00% |
Analyst Summary
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 197 | 185 | 169 | 150 | 137 | 132 | 121 | 110 | 100 | 90.22 |
| Revenue Growth | 6.28% | 9.61% | 12.48% | 9.31% | 3.82% | 9.23% | 9.84% | 9.79% | 11.38% | - |
| Gross Profit | 197 | 185 | 169 | 150 | 137 | 132 | 121 | 110 | 100 | 90.22 |
| Operating Income | 107 | 98.94 | 89.63 | 77.22 | 69.20 | 66.19 | 58.40 | 52.58 | 45.38 | 36.78 |
| Net Income | 87.05 | 80.41 | 57.33 | 52.08 | 46.37 | 43.81 | 38.84 | 35.39 | 30.66 | 24.54 |
| Shares Outstanding | 25.59 | 25.29 | 25.18 | 25.06 | 24.93 | 24.80 | 24.65 | 24.49 | 24.31 | 24.18 |
| Earnings Per Share | 3.38 | 3.13 | 2.23 | 2.05 | 1.84 | 1.74 | 1.55 | 1.43 | 1.25 | 0.88 |
| EPS Growth | 7.99% | 40.36% | 8.78% | 11.41% | 5.75% | 12.04% | 8.37% | 14.37% | 42.39% | - |
| Dividend Per Share | 1.16 | 1.10 | 0.85 | 0.73 | 0.63 | 0.55 | 0.38 | 0.56 | 0.41 | 0.41 |
| Dividend Growth | 5.45% | 29.41% | 16.92% | 15.4% | 15.17% | 43.95% | -31.78% | 34.87% | 0% | - |
| Operating Cash Flow | 100 | 105 | 77.24 | 62.20 | 55.78 | 54.38 | 62.97 | 50.59 | 51.40 | 45.70 |
| Capital Expenditures | -7.98 | -7.51 | -9.57 | -9.80 | -8.47 | -6.33 | -7.50 | -2.90 | -6.63 | -3.03 |
| Free Cash Flow | 92.06 | 97.47 | 67.67 | 52.40 | 47.32 | 48.05 | 55.46 | 47.70 | 44.78 | 42.67 |
| Cash & Equivalents | 99.38 | 217 | 176 | 167 | 80.67 | 90.64 | 63.11 | 232 | 105 | 60.14 |
| Total Debt | 170 | 276 | 182 | 261 | 171 | 191 | 293 | 168 | 188 | 220 |
| Net Cash / Debt | -70.62 | -59.56 | -5.43 | -93.73 | -89.91 | -101 | -230 | 64.39 | -83.37 | -160 |
| Assets | 4,947 | 4,875 | 4,683 | 4,290 | 3,766 | 3,443 | 3,176 | 3,064 | 2,890 | 2,682 |
| Liabilities | 4,349 | 4,354 | 4,214 | 3,863 | 3,373 | 3,082 | 2,854 | 2,766 | 2,616 | 2,435 |
| Book Value | 598 | 522 | 469 | 427 | 393 | 361 | 322 | 298 | 273 | 247 |
Company Profile
Company Details
| Full Name | Lakeland Financial Corporation |
| Country | United States |
| Employees | 574 |
| CEO | David M. Findlay |
Stock Information
| Ticker Symbol | LKFN |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: LKFN |
| IPO Date | August 15, 1997 |
Description
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and Internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of March 19, 2020, the company operated 50 offices in Northern and Central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.