Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · Real-Time Price · USD
72.11
-0.56 (-0.77%)
Nov 20, 2024, 4:00 PM EST - Market closed
Lakeland Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Interest Income on Loans | 335.86 | 308.02 | 203.67 | 170.55 | 177.19 | 197.68 | Upgrade
|
| Interest Income on Investments | 34.87 | 35.25 | 35.9 | 22.67 | 15.92 | 17.53 | Upgrade
|
| Total Interest Income | 370.73 | 343.27 | 239.57 | 193.22 | 193.1 | 215.21 | Upgrade
|
| Interest Paid on Deposits | 173.24 | 137.79 | 36.28 | 14.83 | 29.34 | 57.15 | Upgrade
|
| Interest Paid on Borrowings | 3.91 | 8.44 | 0.4 | 0.3 | 0.75 | 3.02 | Upgrade
|
| Total Interest Expense | 177.15 | 146.23 | 36.68 | 15.13 | 30.1 | 60.16 | Upgrade
|
| Net Interest Income | 193.58 | 197.04 | 202.89 | 178.09 | 163.01 | 155.05 | Upgrade
|
| Net Interest Income Growth (YoY) | -5.69% | -2.88% | 13.93% | 9.25% | 5.13% | 2.50% | Upgrade
|
| Trust Income | 10.08 | 9.08 | 8.64 | 8.75 | 7.47 | 6.84 | Upgrade
|
| Mortgage Banking Activities | -0 | -0.25 | 0.63 | 1.42 | 3.91 | 1.63 | Upgrade
|
| Gain (Loss) on Sale of Investments | 8.94 | -0.03 | 0.02 | 0.8 | 0.43 | 0.14 | Upgrade
|
| Other Non-Interest Income | 32.14 | 30.28 | 20.98 | 23.15 | 24.92 | 20.68 | Upgrade
|
| Total Non-Interest Income | 62.18 | 49.86 | 41.86 | 44.72 | 46.84 | 45 | Upgrade
|
| Non-Interest Income Growth (YoY) | 44.03% | 19.10% | -6.39% | -4.53% | 4.10% | 11.65% | Upgrade
|
| Revenues Before Loan Losses | 255.76 | 246.89 | 244.75 | 222.81 | 209.85 | 200.04 | Upgrade
|
| Provision for Loan Losses | 13.36 | 5.85 | 9.38 | 1.08 | 14.77 | 3.24 | Upgrade
|
| Revenue | 242.4 | 241.04 | 235.37 | 221.73 | 195.08 | 196.81 | Upgrade
|
| Revenue Growth (YoY) | 3.62% | 2.41% | 6.15% | 13.66% | -0.88% | 6.28% | Upgrade
|
| Salaries and Employee Benefits | 60.2 | 55.49 | 50.72 | 50.72 | 47.62 | 44.56 | Upgrade
|
| Occupancy Expenses | 5.92 | 5.62 | 5.6 | 5.17 | 5.29 | 4.77 | Upgrade
|
| Federal Deposit Insurance | 3.47 | 3.36 | 2 | 2.24 | 1.71 | 0.64 | Upgrade
|
| Selling, General & Administrative | 40.35 | 37.42 | 38.77 | 37.25 | 28.39 | 29.65 | Upgrade
|
| Other Non-Interest Expense | 9.4 | 10.76 | 9.62 | 8.91 | 8.2 | 9.81 | Upgrade
|
| Total Non-Interest Expense | 119.34 | 112.65 | 106.71 | 104.29 | 91.21 | 89.42 | Upgrade
|
| EBT Excluding Unusual Items | 123.06 | 128.39 | 128.66 | 117.44 | 103.88 | 107.39 | Upgrade
|
| Legal Settlements | -4.54 | - | -3.5 | - | - | - | Upgrade
|
| Other Unusual Items | - | -18.06 | - | - | - | - | Upgrade
|
| Pretax Income | 118.53 | 110.33 | 125.16 | 117.44 | 103.88 | 107.39 | Upgrade
|
| Income Tax Expense | 19.61 | 16.57 | 21.35 | 21.71 | 19.54 | 20.34 | Upgrade
|
| Net Income | 98.91 | 93.77 | 103.82 | 95.73 | 84.34 | 87.05 | Upgrade
|
| Net Income to Common | 98.91 | 93.77 | 103.82 | 95.73 | 84.34 | 87.05 | Upgrade
|
| Net Income Growth | 9.76% | -9.68% | 8.44% | 13.51% | -3.11% | 8.25% | Upgrade
|
| Basic Shares Outstanding | 26 | 26 | 26 | 25 | 25 | 26 | Upgrade
|
| Diluted Shares Outstanding | 26 | 26 | 26 | 26 | 26 | 26 | Upgrade
|
| Shares Change (YoY) | 0.17% | 0.04% | 0.36% | 0.18% | -0.72% | 0.12% | Upgrade
|
| EPS (Basic) | 3.86 | 3.66 | 4.07 | 3.76 | 3.31 | 3.40 | Upgrade
|
| EPS (Diluted) | 3.85 | 3.65 | 4.04 | 3.74 | 3.30 | 3.38 | Upgrade
|
| EPS Growth | 9.99% | -9.65% | 8.02% | 13.33% | -2.37% | 7.99% | Upgrade
|
| Dividend Per Share | 1.920 | 1.860 | 1.660 | 1.420 | 1.240 | 1.200 | Upgrade
|
| Dividend Growth | 4.35% | 12.05% | 16.90% | 14.52% | 3.33% | 15.38% | Upgrade
|
| Effective Tax Rate | 16.55% | 15.01% | 17.06% | 18.49% | 18.81% | 18.94% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.