Lakeland Financial Corporation (LKFN)

Lakeland Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	210.43	196.68	197.04	202.89	178.09	163.01
Net Interest Income Growth	9.20%	-0.18%	-2.88%	13.93%	9.25%	5.13%
Non-Interest Income	46.2	56.84	49.86	41.86	44.72	46.84
Non-Interest Income Growth	-11.29%	14.01%	19.10%	-6.39%	-4.53%	4.10%
Revenues Before Loan Losses	256.63	253.52	246.89	244.75	222.81	209.85
Provision for Credit Losses	16.55	16.75	5.85	9.38	1.08	14.77
Revenue	240.08	236.77	241.04	235.37	221.73	195.08
Revenue Growth (YoY)	2.56%	-1.77%	2.41%	6.15%	13.66%	-0.88%
Compensation Expenses	68.74	66.73	59.15	58.53	57.88	49.41
Selling, General & Admin	37.21	36.59	34.58	31.36	31	28.8
Other Non-Interest Expenses	18.3	21.77	36.99	20.32	15.41	13
Total Non-Interest Expense	124.24	125.08	130.71	110.21	104.29	91.21
Pretax Income	114.13	111.69	110.33	125.16	117.44	103.88
Provision for Income Taxes	19.56	18.21	16.57	21.35	21.71	19.54
Net Income	94.58	93.48	93.77	103.82	95.73	84.34
Net Income to Common	94.58	93.48	93.77	103.82	95.73	84.34
Net Income Growth	-6.20%	-0.31%	-9.68%	8.44%	13.51%	-3.11%
Shares Outstanding (Basic)	26	26	26	26	25	25
Shares Outstanding (Diluted)	26	26	26	26	26	26
Shares Change (YoY)	0.21%	0.18%	0.04%	0.36%	0.18%	-0.72%
EPS (Basic)	3.68	3.64	3.67	4.07	3.76	3.31
EPS (Diluted)	3.67	3.63	3.65	4.04	3.74	3.30
EPS Growth	-6.38%	-0.55%	-9.65%	8.02%	13.33%	-2.37%
Free Cash Flow	93.21	93.85	107.99	164.52	107.6	81.51
Free Cash Flow Growth	-0.68%	-13.09%	-34.36%	52.90%	32.01%	-11.44%
Free Cash Flow Per Share	3.61	3.64	4.20	6.40	4.20	3.19
Dividends Per Share	1.980	1.940	1.860	1.660	1.420	1.240
Dividend Growth	2.06%	4.30%	12.05%	16.90%	14.52%	3.33%
Profit Margin	39.39%	39.48%	38.90%	44.11%	43.18%	43.23%
FCF Margin	38.82%	39.64%	44.80%	69.90%	48.53%	41.78%
EBITDA	10.27	10.75	11.09	13.12	13.35	10.81
EBITDA Margin	4.28%	4.54%	4.60%	5.57%	6.02%	5.54%
Effective Tax Rate	17.13%	16.31%	15.01%	17.06%	18.49%	18.81%

Updated Jul 25, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q