Lakeland Financial Corporation (LKFN)

Lakeland Financial Cash Flow 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	97.65	93.48	93.77	103.82	95.73	84.34
Depreciation & Amortization	5.89	5.95	6.17	6.78	8.39	6.81
Gain (Loss) on Sale of Assets	0.06	0.1	0	0.1	0.11	0.09
Gain (Loss) on Sale of Investments	4.2	-4.15	4.94	6.32	4.16	3.57
Provision for Credit Losses	15.49	16.75	5.85	9.38	1.08	14.77
Net Decrease (Increase) in Loans Originated / Sold - Operating	2.88	-0.13	-0.58	7.79	6.95	-3.36
Accrued Interest Receivable	-1.97	1.28	-6.17	-10.71	-1.85	-6.32
Other Operating Activities	-3.87	-3.96	-2.72	-1.15	-2.88	-2.12
Operating Cash Flow	119.85	102.49	113.98	169.34	113.77	87.23
Operating Cash Flow Growth	32.72%	-10.09%	-32.69%	48.85%	30.43%	-12.81%
Capital Expenditures	-10.91	-8.63	-5.99	-4.82	-6.17	-5.72
Sale of Property, Plant and Equipment	0	0.01	0.01	0.01	0.01	0.66
Investment in Securities	-24.59	48.28	169.84	-181.78	-683.23	-110.46
Net Decrease (Increase) in Loans Originated / Sold - Investing	-197.58	-204.18	-212.91	-427.1	356.66	-587.38
Other Investing Activities	-12.79	0.28	-5.88	-12.83	0.23	-9.12
Investing Cash Flow	-245.86	-164.24	-54.93	-626.52	-331.55	-712.02
Short-Term Debt Issued	-	-	50	297	-	10.5
Long-Term Debt Issued	-	-	-	-	-	75
Total Debt Issued	26.2	-	50	297	-	85.5
Short-Term Debt Repaid	-	-50	-297	-	-10.5	-170
Long-Term Debt Repaid	-	-	-	-75	-	-
Total Debt Repaid	-	-50	-297	-75	-10.5	-170
Net Debt Issued (Repaid)	26.2	-50	-247	222	-10.5	-84.5
Issuance of Common Stock	0.38	0.39	0.41	0.22	0.12	0.12
Repurchase of Common Stock	-2.32	-0.59	-0.58	-0.58	-0.56	-10.55
Common Dividends Paid	-50.89	-49.28	-47.09	-40.84	-34.64	-30.57
Preferred Dividends Paid	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Total Dividends Paid	-50.9	-49.29	-47.11	-40.85	-34.65	-30.58
Net Increase (Decrease) in Deposit Accounts	187.01	180.44	259.91	-274.79	698.6	902.99
Other Financing Activities	-1.71	-2.82	-3.14	-1.78	-1.91	-2.14
Financing Cash Flow	158.65	78.13	-37.51	-95.78	651.09	775.34
Net Cash Flow	32.65	16.38	21.54	-552.96	433.31	150.55
Free Cash Flow	108.95	93.85	107.99	164.52	107.6	81.51
Free Cash Flow Growth	31.77%	-13.09%	-34.36%	52.90%	32.01%	-11.44%
Free Cash Flow Margin	43.88%	39.64%	44.80%	69.90%	48.53%	41.78%
Free Cash Flow Per Share	4.22	3.64	4.20	6.40	4.20	3.19
Cash Interest Paid	166.74	185.26	128.53	36.11	18.47	35.74
Cash Income Tax Paid	20.64	23.75	14.08	20.58	25.95	19.36

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q