Lakeland Financial Statements From 2010 to 2024

LKFN Stock  USD 62.90  1.53  2.49%   
Lakeland Financial financial statements provide useful quarterly and yearly information to potential Lakeland Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lakeland Financial financial statements helps investors assess Lakeland Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Lakeland Financial's valuation are summarized below:
Gross Profit
235.4 M
Profit Margin
0.389
Market Capitalization
1.6 B
Revenue
241 M
Earnings Share
3.65
We have found one hundred twenty available fundamental ratios for Lakeland Financial, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Lakeland Financial's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 24th of April 2024, Market Cap is likely to grow to about 1.8 B. Also, Enterprise Value is likely to grow to about 1.6 B

Lakeland Financial Total Revenue

360.43 Million

Check Lakeland Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lakeland main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 153.5 M or Selling General Administrative of 8.2 M, as well as many exotic indicators such as Price To Sales Ratio of 7.4, Dividend Yield of 0.017 or PTB Ratio of 2.66. Lakeland financial statements analysis is a perfect complement when working with Lakeland Financial Valuation or Volatility modules.
  
This module can also supplement Lakeland Financial's financial leverage analysis and stock options assessment as well as various Lakeland Financial Technical models . Check out the analysis of Lakeland Financial Correlation against competitors.
To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.

Lakeland Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.9 B6.5 B4.5 B
Slightly volatile
Short and Long Term Debt Total47.5 M50 M119.8 M
Pretty Stable
Total Current Liabilities4.6 B4.4 B844.8 M
Slightly volatile
Total Stockholder Equity682.2 M649.7 M463.6 M
Slightly volatile
Property Plant And Equipment Net39.3 M57.9 M47.3 M
Slightly volatile
Retained Earnings727.4 M692.8 M397.5 M
Slightly volatile
Cash123.9 M151.8 M169.8 M
Slightly volatile
Non Current Assets Total6.7 B6.3 B1.5 B
Slightly volatile
Other AssetsB4.3 B3.8 B
Pretty Stable
Cash And Short Term Investments16.3 M17.1 M656.3 M
Slightly volatile
Net Receivables31.5 M30 M15.4 M
Slightly volatile
Common Stock Total Equity153.4 M146.1 M104.7 M
Slightly volatile
Common Stock Shares Outstanding23.5 M25.7 M24.7 M
Slightly volatile
Liabilities And Stockholders Equity6.9 B6.5 B4.5 B
Slightly volatile
Non Current Liabilities Total1.5 B1.5 B245.5 M
Slightly volatile
Total Liabilities6.2 B5.9 B4.1 B
Slightly volatile
Property Plant And Equipment Gross119.5 M113.8 M63.3 M
Slightly volatile
Total Current Assets172.7 M181.8 M2.1 B
Slightly volatile
Short Term Debt48.2 M50.7 M111.5 M
Very volatile
Common Stock134.1 M127.7 M102.1 M
Slightly volatile
Good Will4.8 M4.5 M5.2 M
Slightly volatile
Other Current Assets172.7 M181.8 M1.6 B
Slightly volatile
Accounts Payable19.8 M20.9 M8.7 M
Slightly volatile
Other Liabilities117.6 M112 M39.1 M
Slightly volatile
Long Term Debt79.3 M50 M92.2 M
Slightly volatile
Intangible Assets3.1 M2.2 M3.6 M
Pretty Stable
Property Plant Equipment42.9 M66.8 M49.2 M
Slightly volatile
Short Term Investments1.1 B1.1 B644.8 M
Slightly volatile
Net Tangible Assets507.2 M648.4 M463.8 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity71.2 K80.1 K87.2 K
Slightly volatile
Retained Earnings Total Equity414.4 M743 M390.6 M
Slightly volatile
Long Term Debt Total690.7 M657.8 M163 M
Slightly volatile
Long Term Investments2.2 B1.2 B2.7 B
Very volatile
Non Current Liabilities Other124 M118.1 M39.7 M
Slightly volatile
Short and Long Term Debt126.7 M153 M167.8 M
Slightly volatile
Earning Assets643.4 M764.3 M589.7 M
Slightly volatile
Net Invested Capital807.1 M699.7 M666.7 M
Slightly volatile
Capital Stock131.5 M127.7 M116.5 M
Slightly volatile

Lakeland Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.5 M6.2 MM
Slightly volatile
Interest Expense153.5 M146.2 M44 M
Slightly volatile
Selling General Administrative8.2 M8.6 M40.8 M
Very volatile
Total Revenue360.4 M343.3 M174.8 M
Slightly volatile
Gross Profit360.4 M343.3 M174.8 M
Slightly volatile
Other Operating Expenses8.2 M8.6 M42 M
Very volatile
Operating Income83 M110.3 M97.9 M
Slightly volatile
EBIT83 M110.3 M97.9 M
Slightly volatile
EBITDA87.3 M110.3 M102.4 M
Slightly volatile
Income Before Tax115.8 M110.3 M83 M
Slightly volatile
Net Income98.5 M93.8 M63.5 M
Slightly volatile
Income Tax Expense14 M16.6 M19.3 M
Pretty Stable
Cost Of Revenue29.4 M49.9 M25.3 M
Pretty Stable
Net Income Applicable To Common Shares125.4 M119.4 M67.3 M
Slightly volatile
Selling And Marketing Expenses4.1 M4.8 M4.1 M
Slightly volatile
Net Income From Continuing Ops75.2 M93.8 M66.3 M
Slightly volatile
Minority Interest71.2 K80.1 K87.2 K
Slightly volatile
Tax Provision17.6 M16.6 M22 M
Slightly volatile
Net Interest Income172 M197 M140.6 M
Slightly volatile
Interest Income221.3 M343.3 M176.3 M
Slightly volatile
Reconciled Depreciation7.3 M6.2 M6.3 M
Slightly volatile

Lakeland Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow113.4 M108 M75.7 M
Slightly volatile
Begin Period Cash Flow126.3 M130.3 M166.3 M
Slightly volatile
Other Cashflows From Financing Activities273.4 M306.8 M337.9 M
Pretty Stable
Depreciation4.5 M6.2 MM
Slightly volatile
Dividends Paid49.5 M47.1 M24 M
Slightly volatile
Capital Expenditures5.2 MM6.6 M
Very volatile
Total Cash From Operating Activities119.7 M114 M82.3 M
Slightly volatile
Net Income98.5 M93.8 M63.5 M
Slightly volatile
End Period Cash Flow137.2 M151.8 M173.8 M
Slightly volatile
Stock Based Compensation3.8 M3.7 M3.6 M
Slightly volatile
Change To Netincome79.1 M75.4 M27.4 M
Slightly volatile
Issuance Of Capital Stock425.2 K405 K162.6 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.44.2447.4094
Pretty Stable
Dividend Yield0.0170.02820.0204
Pretty Stable
PTB Ratio2.662.56792.3707
Pretty Stable
Days Sales Outstanding26.4727.863944.8875
Slightly volatile
Book Value Per Share26.6425.374418.3946
Slightly volatile
Free Cash Flow Yield0.05920.06470.0732
Slightly volatile
Invested Capital0.150.15510.4856
Slightly volatile
Operating Cash Flow Per Share4.674.45163.2711
Slightly volatile
Stock Based Compensation To Revenue0.01580.00930.0204
Slightly volatile
PB Ratio2.662.56792.3707
Pretty Stable
EV To Sales3.793.98497.4845
Slightly volatile
Free Cash Flow Per Share4.434.21763.0043
Slightly volatile
ROIC0.180.12490.1273
Very volatile
Net Income Per Share3.853.66212.5194
Slightly volatile
Payables Turnover1.912.152.3388
Slightly volatile
Sales General And Administrative To Revenue0.150.1590.3668
Slightly volatile
Cash Per Share49.3647.00532.2636
Slightly volatile
POCF Ratio10.2814.637612.7322
Slightly volatile
Interest Coverage13.7213.07115.2036
Slightly volatile
Payout Ratio0.260.50240.3346
Slightly volatile
PFCF Ratio18.7615.449614.7648
Slightly volatile
Days Payables Outstanding122138150
Slightly volatile
Income Quality1.541.21561.3873
Slightly volatile
ROE0.150.14430.1365
Slightly volatile
EV To Operating Cash Flow15.5913.744212.8383
Slightly volatile
PE Ratio19.0917.793117.3689
Pretty Stable
Return On Tangible Assets0.0090.01440.0131
Slightly volatile
EV To Free Cash Flow20.5914.506714.7097
Pretty Stable
Earnings Yield0.070.05620.061
Very volatile
Intangibles To Total Assets7.0E-48.0E-40.0019
Slightly volatile
Current Ratio0.03910.0411122
Slightly volatile
Tangible Book Value Per Share26.3525.097818.1682
Slightly volatile
Receivables Turnover7.8313.099411.1646
Very volatile
Graham Number48.0145.72532.2207
Slightly volatile
Shareholders Equity Per Share26.6425.374418.3946
Slightly volatile
Debt To Equity0.150.15510.4856
Slightly volatile
Revenue Per Share16.1215.35367.1874
Slightly volatile
Interest Debt Per Share6.214.26427.9574
Slightly volatile
Debt To Assets0.01470.01540.0434
Pretty Stable
Enterprise Value Over EBITDA14.9114.19879.6327
Slightly volatile
Short Term Coverage Ratios2.132.246213.9582
Pretty Stable
Price Earnings Ratio19.0917.793117.3689
Pretty Stable
Price Book Value Ratio2.662.56792.3707
Pretty Stable
Days Of Payables Outstanding122138150
Slightly volatile
Dividend Payout Ratio0.260.50240.3346
Slightly volatile
Price To Operating Cash Flows Ratio10.2814.637612.7322
Slightly volatile
Price To Free Cash Flows Ratio18.7615.449614.7648
Slightly volatile
Pretax Profit Margin0.270.28070.5617
Slightly volatile
Ebt Per Ebit0.40.70.6949
Pretty Stable
Operating Profit Margin0.270.28070.8675
Slightly volatile
Effective Tax Rate0.140.15010.2614
Slightly volatile
Company Equity Multiplier14.0310.041510.5131
Pretty Stable
Long Term Debt To Capitalization0.06790.07150.1461
Pretty Stable
Total Debt To Capitalization0.130.13420.2726
Slightly volatile
Return On Capital Employed0.04990.05250.0295
Pretty Stable
Debt Equity Ratio0.150.15510.4856
Slightly volatile
Ebit Per Revenue0.270.28070.8675
Slightly volatile
Quick Ratio0.260.2789100
Slightly volatile
Net Income Per E B T0.560.84990.7186
Slightly volatile
Cash Ratio0.03260.034324.2645
Slightly volatile
Operating Cash Flow Sales Ratio0.280.28990.5769
Slightly volatile
Days Of Sales Outstanding26.4727.863944.8875
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.94740.8794
Pretty Stable
Cash Flow Coverage Ratios1.191.13140.6856
Slightly volatile
Price To Book Ratio2.662.56792.3707
Pretty Stable
Fixed Asset Turnover7.136.78983.487
Slightly volatile
Price Cash Flow Ratio10.2814.637612.7322
Slightly volatile
Enterprise Value Multiple14.9114.19879.6327
Slightly volatile
Debt Ratio0.01470.01540.0434
Pretty Stable
Cash Flow To Debt Ratio1.191.13140.6856
Slightly volatile
Price Sales Ratio7.44.2447.4094
Pretty Stable
Return On Assets0.0090.01440.0131
Slightly volatile
Asset Turnover0.06330.06030.0375
Slightly volatile
Net Profit Margin0.410.23850.416
Pretty Stable
Gross Profit Margin0.70.790.8561
Slightly volatile
Price Fair Value2.662.56792.3707
Pretty Stable
Return On Equity0.150.14430.1365
Slightly volatile

Lakeland Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.8 B1.7 B1.1 B
Slightly volatile
Enterprise Value1.6 B1.6 BB
Slightly volatile

Lakeland Fundamental Market Drivers

Forward Price Earnings16.7504
Cash And Short Term Investments17.1 M

Lakeland Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Lakeland Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Lakeland Financial income statement, its balance sheet, and the statement of cash flows. Lakeland Financial investors use historical funamental indicators, such as Lakeland Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Lakeland Financial investors may use each financial statement separately, they are all related. The changes in Lakeland Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lakeland Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Lakeland Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Lakeland Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-50.7 M-53.3 M
Total Revenue343.3 M360.4 M
Cost Of Revenue49.9 M29.4 M
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.16  0.15 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 15.35  16.12 
Ebit Per Revenue 0.28  0.27 
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 the analysis of Lakeland Financial Correlation against competitors.
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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.