Lakeland Financial Corp financial data

Symbol
LKFN on Nasdaq
Industry
State Commercial Banks
Location
202 E Center St, P O Box 1387, Warsaw, IN
State of incorporation
IN
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 893 % -11.7%
Return On Equity 14.9 % -3.93%
Return On Assets 1.5 % +7.87%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.5M shares +0.29%
Common Stock, Shares, Outstanding 25.5M shares +0.29%
Entity Public Float 1.19B USD -26.3%
Common Stock, Value, Issued 128M USD +2.06%
Weighted Average Number of Shares Outstanding, Basic 25.7M shares +0.28%
Weighted Average Number of Shares Outstanding, Diluted 25.8M shares +0.29%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 119M USD +12.6%
Income Tax Expense (Benefit) 19.6M USD +29.7%
Net Income (Loss) Attributable to Parent 98.9M USD +9.76%
Earnings Per Share, Basic 3.86 USD/shares +9.35%
Earnings Per Share, Diluted 3.85 USD/shares +10%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 160M USD +9.51%
Property, Plant and Equipment, Net 60M USD +2.52%
Operating Lease, Right-of-Use Asset 6.92M USD +42.7%
Goodwill 4.97M USD 0%
Assets 6.65B USD +3.4%
Liabilities 5.95B USD +1.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -138M USD +39.4%
Retained Earnings (Accumulated Deficit) 725M USD +7.35%
Stockholders' Equity Attributable to Parent 699M USD +25.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 699M USD +25.5%
Liabilities and Equity 6.65B USD +3.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 24.8M USD -9.65%
Net Cash Provided by (Used in) Financing Activities 32.9M USD
Net Cash Provided by (Used in) Investing Activities -61.9M USD -223%
Common Stock, Shares Authorized 90M shares 0%
Common Stock, Shares, Issued 26M shares +0.27%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.14M USD -118%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 160M USD +9.51%
Interest Paid, Excluding Capitalized Interest, Operating Activities 50M USD +96.3%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 27.2M USD -2.5%
Operating Lease, Liability 6.92M USD +42.7%
Depreciation 1.53M USD -0.26%
Payments to Acquire Property, Plant, and Equipment 1.54M USD -28.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 189M USD +126%
Lessee, Operating Lease, Liability, to be Paid 9.31M USD +74%
Property, Plant and Equipment, Gross 114M USD +2.43%
Lessee, Operating Lease, Liability, to be Paid, Year Two 792K USD +4.76%
Lessee, Operating Lease, Liability, to be Paid, Year One 822K USD +10.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +40%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.39M USD +375%
Lessee, Operating Lease, Liability, to be Paid, Year Three 810K USD +11%
Deferred Tax Assets, Operating Loss Carryforwards 913K USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 770K USD +2.26%
Operating Lease, Payments 707K USD -2.62%
Interest Expense 146M USD +299%