Company research
LAKELAND FINANCIAL CORP
CIK 721994Updated Nov 3, 2026
SecurityLKFN · NASDAQ · equity
LKFN price & chart
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Lake City Bank Ranked Among Top Performing U.S. Banks in Bank Director Magazine's 2026 RankingBanking ↗
Recent filings
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 6,895,028,000Source | 6,645,371,000Source | 7,242,959,000Source | 6,964,301,000Source | 6,568,807,000Source | 7,083,680,000Source | 6,851,178,000Source | 6,566,861,000Source | 6,990,022,000Source | 6,678,374,000Source | 6,524,029,000Source | 6,432,371,000Source |
| Property, Plant and Equipment, NetUSD | 64,928,000Source | 59,987,000Source | 72,504,000Source | 61,449,000Source | 58,793,000Source | 68,761,000Source | 60,797,000Source | 57,890,000Source | 65,542,000Source | 60,489,000Source | 57,899,000Source | 58,097,000Source |
| GoodwillUSD | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 192,836,000Source | 160,190,000Source | 194,126,000Source | 310,180,000Source | 121,177,000Source | 151,324,000Source | 235,224,000Source | 147,687,000Source | 141,318,000Source | 168,205,000Source | 151,824,000Source | 130,282,000Source |
| Operating Lease, Right-of-Use AssetUSD | 7,249,000Source | 6,920,000Source | 6,689,000Source | 6,508,000Source | 4,385,000Source | 6,892,000Source | 6,653,000Source | 4,542,000Source | 7,068,000Source | 6,777,000Source | 4,695,000Source | 5,296,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 6,147,525,000Source | 5,946,190,000Source | 6,469,585,000Source | 6,254,314,000Source | 5,914,217,000Source | 6,334,687,000Source | 6,156,669,000Source | 5,919,852,000Source | 6,227,530,000Source | 5,994,463,000Source | 5,874,236,000Source | 5,863,484,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 134,434,000Source | 128,346,000Source | 140,020,000Source | 130,664,000Source | 126,871,000Source | 137,929,000Source | 130,243,000Source | 125,873,000Source | 136,965,000Source | 129,664,000Source | 127,692,000Source | 127,004,000Source |
| Retained Earnings (Accumulated Deficit)USD | 771,291,000Source | 724,550,000Source | 817,002,000Source | 757,739,000Source | 713,541,000Source | 801,617,000Source | 743,650,000Source | 703,330,000Source | 788,345,000Source | 736,412,000Source | 692,760,000Source | 646,100,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -140,703,000Source | -138,136,000Source | -124,463,000Source | -161,121,000Source | -170,458,000Source | -135,622,000Source | -163,879,000Source | -166,913,000Source | -127,137,000Source | -166,500,000Source | -155,195,000Source | -188,923,000Source |
| Stockholders' Equity Attributable to ParentUSD | 747,414,000Source | 699,092,000Source | 773,285,000Source | 709,898,000Source | 654,501,000Source | 748,904,000Source | 694,420,000Source | 646,920,000Source | 762,403,000Source | 683,822,000Source | 649,704,000Source | 568,798,000Source |
| Liabilities and EquityUSD | 6,895,028,000Source | 6,645,371,000Source | 7,242,959,000Source | 6,964,301,000Source | 6,568,807,000Source | 7,083,680,000Source | 6,851,178,000Source | 6,566,861,000Source | 6,990,022,000Source | 6,678,374,000Source | 6,524,029,000Source | 6,432,371,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source | 89,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | — | 30,000,000Source | — | — | 55,000,000Source | — | — | — | — | — | 50,000,000Source | 297,000,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,375,000Source | 2,232,000Source | 8,557,000Source | 4,586,000Source | 3,653,000Source | 7,811,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 34,666,000Source | 28,924,000Source | 114,887,000Source | 102,485,000Source | 113,981,000Source | 169,342,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -91,822,000Source | -115,153,000Source | -325,421,000Source | -164,235,000Source | -54,932,000Source | -626,524,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 4,715,000Source | 1,787,000Source | 11,122,000Source | 8,634,000Source | 5,991,000Source | 4,821,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 19,608,000Source | 215,000Source | 20,391,000Source | 592,000Source | 575,000Source | 579,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 67,162,000Source | 153,248,000Source | 183,647,000Source | 78,131,000Source | -37,507,000Source | -95,776,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 13,206,000Source | 12,847,000Source | 51,415,000Source | 49,281,000Source | 47,094,000Source | 40,838,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 10,006,000Source | 67,019,000Source | -26,887,000Source | 16,381,000Source | 21,542,000Source | -552,958,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 192,836,000Source | 160,190,000Source | 194,126,000Source | 310,180,000Source | 151,324,000Source | 235,224,000Source | 141,318,000Source | 168,205,000Source | 151,824,000Source | 130,282,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 35,491,000Source | 37,998,000Source | 158,967,000Source | 185,256,000Source | 128,525,000Source | 36,113,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 8,600,000Source | 4,600,000Source | 3,700,000Source | 7,800,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | — | — | — | — | 3,133,000Source | 432,000Source |
| Debt and Equity Securities, Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | -25,000Source | 21,000Source |
| DepreciationUSD | — | — | — | — | — | — | 1,496,000Source | 1,479,000Source | 5,978,000Source | 5,953,000Source | 6,173,000Source | 6,020,000Source |
| Equipment ExpenseUSD | — | — | 1,475,000Source | 1,452,000Source | 1,409,000Source | 1,437,000Source | 1,464,000Source | 1,382,000Source | 5,716,000Source | 5,612,000Source | 5,632,000Source | 5,763,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | 0Source | -15,000Source | — | 0Source | — | — | 0Source | 8,996,000Source | — | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,000,000Source | 3,059,000Source | 1,708,000Source | 3,000,000Source | 2,000,000Source | 6,800,000Source | 11,800,000Source | 16,750,000Source | 5,850,000Source | 9,375,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | — | — | — | — | 0Source | -85,000Source | -81,000Source | -3,000Source | -7,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | — | — | — | — | 155,000Source | 85,000Source | 567,000Source | 556,000Source | 292,000Source | 1,028,000Source |
| GoodwillUSD | — | — | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source | 4,970,000Source |
| Income Tax Expense (Benefit)USD | — | — | 5,658,000Source | 4,400,000Source | 6,268,000Source | 5,964,000Source | 6,077,000Source | 4,155,000Source | 22,222,000Source | 18,211,000Source | 16,566,000Source | 21,347,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 26,404,000Source | 23,338,000Source | 28,440,000Source | 26,966,000Source | 26,478,000Source | 20,085,000Source | 103,361,000Source | 93,478,000Source | 93,767,000Source | 103,817,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 1,706,000Source | 1,773,000Source | 1,214,000Source | 2,302,000Source | 849,000Source | 1,124,000Source | 6,988,000Source | 7,631,000Source | 5,703,000Source | 2,214,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 18,120,000Source | 14,655,000Source | 66,834,000Source | 59,669,000Source | 71,833,000Source | 108,129,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 2,000,000Source | 3,059,000Source | 1,708,000Source | 3,000,000Source | 2,000,000Source | 6,800,000Source | 11,800,000Source | 16,750,000Source | 5,850,000Source | 9,375,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 32,062,000Source | 27,738,000Source | 34,708,000Source | 32,930,000Source | 32,555,000Source | 24,240,000Source | 125,583,000Source | 111,689,000Source | 110,333,000Source | 125,164,000Source |
| Income Tax Expense (Benefit)USD | — | — | 5,658,000Source | 4,400,000Source | 6,268,000Source | 5,964,000Source | 6,077,000Source | 4,155,000Source | 22,222,000Source | 18,211,000Source | 16,566,000Source | 21,347,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 26,404,000Source | 23,338,000Source | 28,440,000Source | 26,966,000Source | 26,478,000Source | 20,085,000Source | 103,361,000Source | 93,478,000Source | 93,767,000Source | 103,817,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.03Source | 0.91Source | 1.14Source | 1.05Source | 1.04Source | 0.78Source | 4.02Source | 3.64Source | 3.67Source | 4.07Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.03Source | 0.91Source | 1.13Source | 1.04Source | 1.04Source | 0.78Source | 4.01Source | 3.63Source | 3.65Source | 4.04Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 25,703,699Source | 25,684,407Source | 25,058,539Source | 25,707,233Source | 25,344,757Source | 25,714,818Source | 25,687,159Source | 25,676,543Source | 25,604,751Source | 25,528,328Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 25,821,360Source | 25,767,739Source | 25,231,590Source | 25,776,205Source | 25,493,920Source | 25,802,865Source | 25,799,047Source | 25,769,018Source | 25,723,165Source | 25,712,538Source |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | — | — | — | — | 3,133,000Source | 432,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.5Source | 0.48Source | 0.52Source | 0.5Source | 0.52Source | 0.5Source | 2Source | 1.92Source | 1.84Source | 1.6Source |
| Debt and Equity Securities, Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | -25,000Source | 21,000Source |
| Debt Securities, Gain (Loss)USD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | -46,000Source | — | — |
| Equipment ExpenseUSD | — | — | 1,475,000Source | 1,452,000Source | 1,409,000Source | 1,437,000Source | 1,464,000Source | 1,382,000Source | 5,716,000Source | 5,612,000Source | 5,632,000Source | 5,763,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 2,000,000Source | 3,059,000Source | 1,708,000Source | 3,000,000Source | 2,000,000Source | 6,800,000Source | 11,800,000Source | 16,750,000Source | 5,850,000Source | 9,375,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 146,232,000Source | 36,680,000Source |
| InterestExpenseOperatingUSD | — | — | 38,814,000Source | 45,745,000Source | 36,847,000Source | 39,509,000Source | 35,214,000Source | 37,580,000Source | 152,718,000Source | 176,479,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 56,073,000Source | 49,273,000Source | 58,301,000Source | 54,876,000Source | 56,773,000Source | 52,875,000Source | 221,017,000Source | 196,679,000Source | 197,035,000Source | 202,887,000Source |
| Labor and Related ExpenseUSD | — | — | 20,414,000Source | 16,476,000Source | 20,494,000Source | 17,096,000Source | 20,295,000Source | 17,902,000Source | 75,293,000Source | 66,728,000Source | 59,147,000Source | 58,530,000Source |
| Other Interest and Dividend IncomeUSD | — | — | 1,706,000Source | 1,773,000Source | 1,214,000Source | 2,302,000Source | 849,000Source | 1,124,000Source | 6,988,000Source | 7,631,000Source | 5,703,000Source | 2,214,000Source |