Brian Smith - Lakeland Financial Independent Director

LKFN Stock  USD 62.90  1.53  2.49%   

Director

Mr. Brian J. Smith is an Independent Director of Lakeland Financial Corporation since 2011.
Age 53
Tenure 13 years
Address 202 East Center Street, Warsaw, IN, United States, 46581-1387
Phone574 267 6144
Webhttps://www.lakecitybank.com
Smith is coChief Executive Officer of Heritage Financial Group, Inc., a real estate investment and management and consumer finance company based in Elkhart, Indiana. We consider Mr. Smith to be a qualified candidate for service on the Board, due to his expertise in the manufactured housing and consumer finance industries, which is a significant industry in northern Indiana, and his knowledge of, and prominence in, the Elkhart market. Additionally, Mr. Smith has a strong financial background as a certified public accountant, which adds meaningful expertise to the Audit Committee.

Lakeland Financial Management Efficiency

The company has return on total asset (ROA) of 0.0145 % which means that it generated a profit of $0.0145 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1539 %, meaning that it created $0.1539 on every $100 dollars invested by stockholders. Lakeland Financial's management efficiency ratios could be used to measure how well Lakeland Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Equity is likely to grow to 0.15, while Return On Tangible Assets are likely to drop 0.01. At this time, Lakeland Financial's Total Assets are very stable compared to the past year. As of the 24th of April 2024, Non Current Assets Total is likely to grow to about 6.7 B, while Other Assets are likely to drop about 3 B.
The company currently holds 50 M in liabilities with Debt to Equity (D/E) ratio of 8.59, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Lakeland Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Lakeland Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lakeland Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lakeland to invest in growth at high rates of return. When we think about Lakeland Financial's use of debt, we should always consider it together with cash and equity.

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Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana. Lakeland Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 600 people. Lakeland Financial (LKFN) is traded on NASDAQ Exchange in USA. It is located in 202 East Center Street, Warsaw, IN, United States, 46581-1387 and employs 608 people. Lakeland Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Lakeland Financial Leadership Team

Elected by the shareholders, the Lakeland Financial's board of directors comprises two types of representatives: Lakeland Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lakeland. The board's role is to monitor Lakeland Financial's management team and ensure that shareholders' interests are well served. Lakeland Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lakeland Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kristin Pruitt, Executive VP, Secretary and Executive VP of Lake City Bank
Charles Niemier, Independent Director
Tina Rensberger, IR Contact Officer
Thomas Hiatt, Independent Director
Kevin Deardorff, Executive VP of Retail Banking and Executive VP of Lake City Bank
Brok Lahrman, Senior Vice President - Finance, Chief Accounting Officer
Steven Ross, Independent Director
Jonathan Steiner, Senior Officer
Eric Ottinger, Executive VP of Commercial Banking
Kyra Clark, Senior Officer
Ronald Truex, Independent Director
Daniel Evans, Independent Director
Blake Augsburger, Independent Director
Kirtus Murray, Senior Manager
Michael Kubacki, Executive Chairman and Executive Chairman of Lake City Bank
Darrianne Christian, Director
Emily Pichon, Independent Director
Bradley Toothaker, Independent Director
Jennifer Hurford, Senior Treasurer
Stephanie Leniski, Senior Officer
Scott Welch, Lead Independent Director
Sarah Earls, Senior Vice President Principal Accounting Officer, Controller
Michael Gavin, Executive Officer
Brian Smith, Independent Director
Rickard Donovan, General VP
David Findlay, CEO and President Director, CEO of Lake City Bank and President of Lake City Bank and Director of Lake City Bank
Lisa ONeill, CFO and Executive VP
Robert Bartels, Independent Director
Joseph Hurley, IR Contact Officer

Lakeland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lakeland Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lakeland Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lakeland Financial's short interest history, or implied volatility extrapolated from Lakeland Financial options trading.

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When determining whether Lakeland Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeland Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lakeland Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeland Financial Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeland Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.
Note that the Lakeland Financial information on this page should be used as a complementary analysis to other Lakeland Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Lakeland Stock analysis

When running Lakeland Financial's price analysis, check to measure Lakeland Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lakeland Financial is operating at the current time. Most of Lakeland Financial's value examination focuses on studying past and present price action to predict the probability of Lakeland Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lakeland Financial's price. Additionally, you may evaluate how the addition of Lakeland Financial to your portfolios can decrease your overall portfolio volatility.
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Is Lakeland Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeland Financial. If investors know Lakeland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeland Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.147
Dividend Share
1.86
Earnings Share
3.65
Revenue Per Share
9.414
Quarterly Revenue Growth
0.122
The market value of Lakeland Financial is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Financial's value that differs from its market value or its book value, called intrinsic value, which is Lakeland Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeland Financial's market value can be influenced by many factors that don't directly affect Lakeland Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeland Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.