Lakeland Financial Corporation (LKFN)

Lakeland Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	221.02	196.68	197.04	202.89	178.09
Net Interest Income Growth	12.37%	-0.18%	-2.88%	13.93%	9.25%
Non-Interest Income	47.97	56.84	49.86	41.86	44.72
Non-Interest Income Growth	-15.61%	14.01%	19.10%	-6.39%	-4.53%
Revenues Before Loan Losses	268.99	253.52	246.89	244.75	222.81
Provision for Credit Losses	11.8	16.75	5.85	9.38	1.08
Revenue	257.19	236.77	241.04	235.37	221.73
Revenue Growth (YoY)	8.62%	-1.77%	2.41%	6.15%	13.66%
Compensation Expenses	75.29	66.73	59.15	58.53	57.88
Selling, General & Admin	37.47	36.59	34.58	31.36	31
Other Non-Interest Expenses	18.84	21.77	36.99	20.32	15.41
Total Non-Interest Expense	131.61	125.08	130.71	110.21	104.29
Pretax Income	125.58	111.69	110.33	125.16	117.44
Provision for Income Taxes	22.22	18.21	16.57	21.35	21.71
Net Income	103.36	93.48	93.77	103.82	95.73
Net Income to Common	103.36	93.48	93.77	103.82	95.73
Net Income Growth	10.57%	-0.31%	-9.68%	8.44%	13.51%
Shares Outstanding (Basic)	26	26	26	26	25
Shares Outstanding (Diluted)	26	26	26	26	26
Shares Change (YoY)	0.12%	0.18%	0.04%	0.36%	0.18%
EPS (Basic)	4.02	3.64	3.67	4.07	3.76
EPS (Diluted)	4.01	3.63	3.65	4.07	3.76
EPS Growth	10.47%	-0.55%	-10.32%	8.24%	13.59%
Free Cash Flow	103.77	93.85	107.99	164.52	107.6
Free Cash Flow Growth	10.56%	-13.09%	-34.36%	52.90%	32.01%
Free Cash Flow Per Share	4.02	3.64	4.20	6.40	4.20
Dividends Per Share	2.020	1.940	1.860	1.660	1.420
Dividend Growth	4.12%	4.30%	12.05%	16.90%	14.52%
Profit Margin	40.19%	39.48%	38.90%	44.11%	43.18%
FCF Margin	40.35%	39.64%	44.80%	69.90%	48.53%
EBITDA	9.99	10.75	11.09	13.12	13.35
EBITDA Margin	3.89%	4.54%	4.60%	5.57%	6.02%
Effective Tax Rate	17.70%	16.31%	15.01%	17.06%	18.49%

Updated Jan 26, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q