Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · Real-Time Price · USD
59.90
+1.08 (1.84%)
Sep 2, 2026, 4:00 PM EDT - Market closed
Lakeland Financial Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 194.13 | 141.32 | 168.21 | 151.82 | 130.28 | 683.24 |
Investment Securities | 739.29 | 753.21 | 718.09 | 749.8 | 835.96 | 923.06 |
Mortgage-Backed Securities | 429.9 | 454.16 | 422.41 | 447.84 | 492.31 | 487.2 |
Total Investments | 1,169 | 1,207 | 1,140 | 1,198 | 1,328 | 1,410 |
Gross Loans | 5,582 | 5,378 | 5,121 | 4,920 | 4,713 | 4,291 |
Allowance for Loan Losses | -70.6 | -69 | -85.96 | -71.97 | -72.61 | -67.77 |
Other Adjustments to Gross Loans | -2.58 | -2.51 | -2.69 | -3.46 | -3.07 | -3.26 |
Net Loans | 5,509 | 5,306 | 5,032 | 4,845 | 4,638 | 4,220 |
Property, Plant & Equipment | 79.19 | 72.61 | 60.49 | 57.9 | 58.1 | 59.31 |
Goodwill | 4.97 | 4.97 | 4.97 | 4.97 | 4.97 | 4.97 |
Loans Held for Sale | 3.63 | 2.71 | 1.7 | 1.16 | 0.36 | 7.47 |
Accrued Interest Receivable | 29.51 | 29 | 28.45 | 30.01 | 27.99 | 17.67 |
Other Real Estate Owned & Foreclosed | 0.05 | - | 0.28 | 0.38 | 0.1 | 0.2 |
Other Long-Term Assets | 253.26 | 225.7 | 241.8 | 235.58 | 244.51 | 154.14 |
Total Assets | 7,243 | 6,990 | 6,678 | 6,524 | 6,432 | 6,557 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Bearing Deposits | 5,038 | 4,203 | 3,961 | 3,574 | 3,268 | 3,213 |
Institutional Deposits | - | 549.38 | 642.78 | 792.74 | 455.43 | 627.12 |
Non-Interest Bearing Deposits | 1,292 | 1,221 | 1,297 | 1,353 | 1,737 | 1,895 |
Total Deposits | 6,330 | 5,973 | 5,901 | 5,721 | 5,461 | 5,735 |
Short-Term Borrowings | 70 | 184.63 | 25.4 | 77.19 | 297 | - |
Current Portion of Leases | 0.46 | 0.97 | - | - | - | - |
Accrued Interest Payable | 8.96 | 8.87 | 15.12 | 20.89 | 3.19 | 2.62 |
Long-Term Debt | - | 13 | - | - | - | - |
Federal Home Loan Bank Debt, Long-Term | 1.2 | 1.2 | - | - | - | 75 |
Long-Term Leases | 6.23 | 6.1 | - | - | - | - |
Pension & Post-Retirement Benefits | - | 0.16 | 0.15 | -0.19 | 0.18 | -0.02 |
Other Long-Term Liabilities | 53.17 | 39.26 | 52.83 | 55.82 | 102.5 | 39.42 |
Total Liabilities | 6,470 | 6,228 | 5,994 | 5,874 | 5,863 | 5,852 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 140.02 | 136.97 | 129.66 | 127.69 | 127 | 120.62 |
Retained Earnings | 817 | 788.35 | 736.41 | 692.76 | 646.1 | 583.13 |
Treasury Stock | -59.27 | -35.77 | -15.75 | -15.55 | -15.38 | -15.03 |
Comprehensive Income & Other | -124.46 | -127.14 | -166.5 | -155.2 | -188.92 | 16.09 |
Total Common Equity | 773.29 | 762.4 | 683.82 | 649.7 | 568.8 | 704.82 |
Minority Interest | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
Shareholders' Equity | 773.37 | 762.49 | 683.91 | 649.79 | 568.89 | 704.91 |
Total Liabilities & Equity | 7,243 | 6,990 | 6,678 | 6,524 | 6,432 | 6,557 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 77.89 | 205.9 | 25.4 | 77.19 | 297 | 75 |
Net Cash (Debt) | 116.24 | -64.58 | 142.8 | 74.63 | -166.72 | 608.24 |
Net Cash Growth | -60.92% | - | 91.34% | - | - | 269.92% |
Net Cash Per Share | 4.54 | -2.50 | 5.54 | 2.90 | -6.48 | 23.74 |
Filing Date Shares Outstanding | 24.86 | 25.27 | 25.56 | 25.51 | 25.43 | 25.34 |
Total Common Shares Outstanding | 24.86 | 25.22 | 25.51 | 25.43 | 25.35 | 25.3 |
Book Value Per Share | 31.11 | 30.23 | 26.81 | 25.55 | 22.44 | 27.86 |
Tangible Book Value | 768.32 | 757.43 | 678.85 | 644.73 | 563.83 | 699.85 |
Tangible Book Value Per Share | 30.91 | 30.03 | 26.61 | 25.35 | 22.24 | 27.66 |