Lakeland Financial Corporation (LKFN) Stock

Lakeland Financial Corporation (LKFN) is a Financials stock trading at $60.43 (as of 2026-08-20), with a market capitalization of $1.50B and a trailing P/E of 13.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Lakeland Financial Corporation is a bank holding company for Lake City Bank, offering deposit products, lending, and retail and merchant credit card services. It also provides corporate treasury management, wealth advisory and trust services, and retail brokerage offerings (including annuities and life insurance), serving customers in multiple industries including commercial real estate, manufacturing, agriculture, retail, and health care.

Understand Lakeland Financial Corporation: how it makes money

Lakeland Financial Corporation runs Lake City Bank, taking deposits and making loans (including commercial and residential real estate, consumer mortgages, and other consumer loans), and it also earns fee income from services such as retail and merchant credit cards, corporate treasury management, and wealth advisory.

Bank profits depend on the balance between how the company funds itself (deposit products) and how it earns on its assets (a loan portfolio across multiple categories, plus related fee income).

Business quality (Solid): You get useful operating and credit-quality indicators (efficiency ratio, ROA, nonperforming assets, nonaccrual loans, net charge-offs), but no clean reportable segment breakdown was provided in the inputs.

Valuation: At 14× earnings, LKFN trades 11% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Operating efficiency: Efficiency Ratio is 50.4 percent in the latest quarter, which helps indicate how effectively the bank controls operating costs relative to revenue.
  • Credit quality snapshot: Nonperforming Assets are 0.06 USD_B, Nonaccrual Loans are 0.02 USD_B, and Net Charge-Offs are 0.0 USD_B in the latest quarter.

Bear case

  • Credit risk is present even if charge-offs are currently zero: Nonperforming Assets (0.06 USD_B) and Nonaccrual Loans (0.02 USD_B) indicate some stressed loans, and Individually Analyzed and Watch List Loans are 0.22 USD_B.
  • Rate sensitivity risk: Commercial Loans Tied to Variable Interest Rates are 67.0 percent, which can make earnings more sensitive to changes in interest rates.
Valuation — source: SEC EDGAR (first-party)
Price$60.43
Market Cap$1.50B
P/E Ratio13.5
EV / EBITDA9.2
Price / Book1.94
Price / Sales3.99
FCF Yield7.4%
DCF Value (model)$62.10
DCF Upside vs Price2.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$373.74M
Net Margin27.7%
Revenue Growth (YoY)0.8%
EPS Growth (YoY)8.6%
FCF Growth (YoY)36.1%
Valuation vs Sector & Industry
Stock P/E13.5
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-10.8%
vs Industry4.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($202.92M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEODavid Findlay
Employees647
CountryUS
IPO Date1997-08-14

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

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LKFN earnings history · LKFN institutional & insider holders · LKFN KPIs & operating metrics · LKFN financials · LKFN investor presentations & press releases · LKFN SEC filings · LKFN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.