Lakeland Financial Corporation (LKFN)

Lakeland Financial Cash Flow 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 Income	103.36	93.48	93.77	103.82	95.73
Depreciation & Amortization	9.99	10.75	11.09	13.12	13.35
Provision for Credit Losses	11.8	16.75	5.85	9.38	1.08
Stock-Based Compensation	8.56	4.59	3.65	7.81	7.16
Net Change in Loans Held-for-Sale	-1.19	-0.69	-0.87	6.76	2.58
Other Adjustments	-4.17	-13.02	-3.41	-1.58	-3.9
Changes in Accrued Interest and Accounts Receivable	-0.16	1.28	-6.17	-10.71	-1.85
Changes in Other Operating Activities	-13.29	-10.66	10.08	40.75	-0.37
Operating Cash Flow	114.89	102.49	113.98	169.34	113.77
Operating Cash Flow Growth	12.10%	-10.09%	-32.69%	48.85%	30.43%
Net Change in Loans Held-for-Investment	-286.17	-204.18	-212.91	-315.27	356.66
Net Change in Securities and Investments	-16.51	48.28	164.21	-295.63	-683.23
Capital Expenditures	-11.12	-8.63	-5.99	-4.82	-6.17
Sale of Property, Plant & Equipment	0.01	0.01	0.01	0.01	0.01
Other Investing Activities	-11.63	0.28	-0.26	-10.81	1.18
Investing Cash Flow	-325.42	-164.24	-54.93	-626.52	-331.55
Net Change in Deposits	72.38	180.44	259.91	-274.79	698.6
Short-Term Debt Issued	0	0	0	275	0
Short-Term Debt Repaid	170	-50	-225	0	0
Net Short-Term Debt Issued (Repaid)	170	-50	-225	275	-
Long-Term Debt Issued	1.2	0	0	-	0
Long-Term Debt Repaid	-	-	-	-75	0
Net Long-Term Debt Issued (Repaid)	1.2	-	-	-75	-
Issuance of Common Stock	0.38	0.39	0.41	0.22	0.12
Repurchase of Common Stock	-21.88	-3.41	-3.71	-2.36	-2.47
Net Common Stock Issued (Repurchased)	-21.51	-3.02	-3.31	-2.14	-2.36
Common Dividends Paid	-51.42	-49.28	-47.09	-40.84	-34.64
Preferred Share Dividends Paid	-0.01	-0.01	-0.01	-0.01	-0.01
Financing Cash Flow	183.65	78.13	-37.51	-95.78	651.09
Net Cash Flow	-26.89	16.38	21.54	-552.96	433.31
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%
FCF Margin	40.35%	39.64%	44.80%	69.90%	48.53%
Free Cash Flow Per Share	4.02	3.64	4.20	6.40	4.20
Levered Free Cash Flow	259.98	36.22	-122.23	342.15	100.69
Unlevered Free Cash Flow	-14.59	-7.26	9.01	38.34	4.96

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

SEC Filings: 10-K · 10-Q