LKFN · XBRL financial data
Lakeland Financial financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (LKFN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Interest expense | 30 | 15 | 37 | 146 | — | — |
| Income tax expense (benefit) | 20 | 22 | 21 | 17 | 18 | 22 |
| Net income (loss) | 84 | 96 | 104 | 94 | 93 | 103 |
| Earnings per share, basic USD per share | 3.31 | 3.76 | 4.07 | 3.67 | 3.64 | 4.02 |
| Earnings per share, diluted USD per share | 3.30 | 3.74 | 4.04 | 3.65 | 3.63 | 4.01 |
| Weighted average shares, basic millions of shares | 25 | 25 | 26 | 26 | 26 | 26 |
| Weighted average shares, diluted millions of shares | 26 | 26 | 26 | 26 | 26 | 26 |
Balance sheet
CSVFiscal years (LKFN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 250 | 683 | 130 | 152 | 168 | 141 |
| Property and equipment, net | 59 | 59 | 58 | 58 | 60 | 66 |
| Right-of-use asset | 5 | 4 | 5 | 5 | 7 | 7 |
| Goodwill | 5 | 5 | 5 | 5 | 5 | 5 |
| Total assets | 5,830 | 6,557 | 6,432 | 6,524 | 6,678 | 6,990 |
| Total deposits | 5,037 | 5,735 | 5,461 | 5,721 | 5,901 | 5,973 |
| Total liabilities | 5,173 | 5,852 | 5,863 | 5,874 | 5,994 | 6,228 |
| Retained earnings | 529 | 583 | 646 | 693 | 736 | 788 |
| Total stockholders' equity | 657 | 705 | 569 | 650 | 684 | 762 |
| Total liabilities and equity | 5,830 | 6,557 | 6,432 | 6,524 | 6,678 | 6,990 |
| Common shares outstanding (cover page) millions of shares | 25 | 25 | 25 | 26 | 26 | 25 |
Cash flows
CSVFiscal years (LKFN's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 84 | 96 | 104 | 94 | 93 | 103 |
| Stock-based compensation | 2 | 7 | 8 | 4 | 5 | 9 |
| Net cash from operating activities | 87 | 114 | 169 | 114 | 102 | 115 |
| Purchases of property and equipment | 6 | 6 | 5 | 6 | 9 | 11 |
| Net cash from investing activities | (712) | (332) | (627) | (55) | (164) | (325) |
| Share repurchases | 11 | 1 | 1 | 1 | 1 | 20 |
| Dividends paid | 31 | 35 | 41 | 47 | 49 | 51 |
| Proceeds from long-term debt | 75 | 0 | 0 | 0 | — | — |
| Repayments of long-term debt | — | 0 | — | — | — | — |
| Net cash from financing activities | 775 | 651 | (96) | (38) | 78 | 184 |
| Net change in cash | 151 | 433 | (553) | 22 | 16 | (27) |
Compare with peers
SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Lakeland Financial | 116 | not reported | 42* | 24.7M | 10-QSep 30, 2026 |
| FB Financial | 1,018 | not reported | 20* | 49.0M | 10-QSep 30, 2026 |
| S&T Bancorp | 218 | not reported | 28* | 35.3M | 10-QJun 30, 2026 |
| Nicolet Bankshares | 103 | not reported | 73* | 20.8M | 10-QSep 30, 2026 |
| National Bank Holdings | 365 | 12 | 66* | 44.1M | 10-QSep 30, 2026 |
| German American Bancorp | 94 | 127 | 58* | 37.6M | 10-QJun 30, 2026 |
| Northwest Bancshares | 248 | not reported | 32* | 146.5M | 10-QJun 30, 2026 |
| Trico Bancshares | 105 | 14 | 25* | 32.0M | 10-QJun 30, 2026 |
| First Commonwealth Financial | 180 | not reported | 3.6* | 101.1M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.