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Lakeland Financial Corporation

LKFN US

LKFN USLakeland Financial Corporation

United States Composite

59.29

USD

+0.61

(+1.04%)

3.65EPS Dil.

16.19P/E

1.51BMarket Cap

3.10%Div. Yield

Next Earnings

April 25

Ex-Dividend Date

January 24

Dividend Date

February 5

Held by Insiders

3.28%

Held by Institutions

83.04%

Short % of Float

8.22%

YTD Yield

10.69%

3Y Yield

-10.76%

5Y Yield

31.79%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

- -

LT Borrowings

400

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

Market Capitalization

1,234

1,207

1,657

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

1,263

1,151

1,234

Cash, Cash Equivalents & STI

1,235

1,122

1,204

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

Payables & Accruals

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

7.94%

6.38%

0.82%

Net Income, GAAP

9.87%

3.66%

-9.62%

Free Cash Flow

10.32%

6.78%

-34.55%

Total Cash Common Dividend

18.61%

13.60%

14.63%

Total Equity

7.74%

5.34%

14.24%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

223

2022

245

2023

247

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.90

0.96

0.95

3.76

2022

0.93

1.01

1.12

1.02

4.07

2023

0.95

0.57

0.99

1.16

3.66

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.34

1.36

2022

0.40

1.60

2023

0.46

1.84

Company Description

CEO: Mr. David M. Findlay
Full Time Employees: 608
Sector: Financial Services
Industry: Banks—Regional
Address: 202 East Center Street Warsaw IN United States 46581-1387
CIK: 0000721994
Website: www.lakecitybank.com
Business: Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.