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what it is
Lakeland Financial is a regional bank that takes deposits, makes loans, and sells treasury and wealth services through Lake City Bank.
how it gets paid
Last year Lakeland Finl made $374M in revenue.
why it's growing
Revenue grew 297.6% last year. EPS at $1.16 matters most because it was up 23% while revenue grew only 1%.
what just happened
Latest quarter revenue was $94M and EPS hit $1.16, with earnings up 23% vs. prior year.
At a glance
B++ balance sheet — above average — nothing keeping you up at night
95/100 earnings predictability — you can trust these numbers
15.6x trailing p/e — the market's not buying it — or you found a deal
3.7% dividend yield — cash in your pocket every quarter
$4.01 fy2025 eps est
xvary composite: 56/100 — below average
What they do
Lakeland Financial is a regional bank that takes deposits, makes loans, and sells treasury and wealth services through Lake City Bank.
Lakeland runs a $7 billion bank with 647 employees, which tells you this is a relationship lender, not a branch-heavy giant. Relationship banking (local credit decisions) → plain English: your borrower wants a lender who knows the market and answers fast → so what: deposits and loans tend to stick. If that local hold weakens and earnings predictability drops from 95, the edge starts to look ordinary.
How they make money
$374M
annual revenue · their business grew +297.6% last year
total revenue
$374M
+297.6%
The products that matter
spread income from lending
Net interest income
~$280M · about 75% of revenue
This is the core engine. Roughly three quarters of revenue comes from the gap between what the bank earns on loans and pays on deposits.
main earnings driver
fees and service revenue
Non-interest income
~$94M · about 25% of revenue
This revenue stream is smaller, but it matters because it gives you income that does not depend entirely on the interest-rate spread.
stability help
regional banking franchise
Lake City Bank
$6.9B in assets
You do not own a collection of moonshots. You own one Indiana bank with $6.9B in assets. That concentration keeps the story simple and the risk local.
the whole business
Key numbers
$7B
total assets
That is the size of the banking machine you own. It is large enough to matter locally, small enough that execution still drives the story.
15.6x
trailing p/e
You are not paying a silly price. At 15.6 times trailing EPS of $3.63, the stock is priced like a steady bank, not a growth fantasy.
3.7%
dividend yield
You get paid to wait. That matters more when revenue growth is 0.2% and the stock case is mostly durability.
95
earnings predictability
That score says the earnings path has been unusually steady. In banking, boring is often the whole product.
Financial health
B++
strength
- balance sheet grade B++ — above average financial health
- risk rank 3 — safer than 50% of stocks
- price stability 60 / 100
B++ — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for LKFN right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Latest quarter revenue was $94M and EPS hit $1.16, with earnings up 23% vs. prior year.
Revenue rose just 1% vs. prior year, so the bigger story was profit resilience. Deadpan version: a bank grew sales by 1% and still lifted EPS by 23%.
$94M
revenue
$1.16
eps
n/a
n/a
the number that mattered
EPS at $1.16 matters most because it was up 23% while revenue grew only 1%, which tells you expense control and credit quality did the heavy lifting.
source: company earnings report, 2026
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What could go wrong
your #1 risk is paying a premium multiple for a plain regional bank.
med
Premium valuation
LKFN trades at 15.6x trailing earnings. That is a rich multiple for a bank whose edge is local execution, not national scale.
If earnings merely hold steady instead of climbing, the multiple has room to shrink before the business itself does.
med
Rate-sensitive revenue mix
Roughly $280M of the bank's $374M revenue comes from net interest income. When the spread tightens, the main engine feels it first.
That exposes about 75% of revenue to margin pressure if deposit costs rise faster than loan yields.
low
Regional concentration
This is one Indiana bank with $6.9B in assets. You are not diversified across geographies, and neither is the franchise.
A slowdown in its local markets would hit 100% of the business, not one segment you can ignore.
Between the full valuation and the rate-heavy revenue mix, LKFN needs to keep delivering steady earnings for the income-plus-buyback case to work.
source: institutional data · regulatory filings · risk analysis
Pay attention to
capital return
$60M share repurchase program
The board doubled authorized buyback capacity on Mar 6, 2026. The catch is execution. Authorization alone does not retire a single share.
dividend
$0.52 quarterly payout
The payout was raised 4% and paid on Feb 5, 2026. If you own LKFN for income, this is the promise management keeps renewing.
insider action
Director bought about $562k of stock
Welch M Scott bought 10,000 shares on Mar 12, 2026 at roughly $56.20. You want to see whether that conviction gets company from the market next.
core earnings
Net interest income still runs the story
About 75% of revenue comes from net interest income. If that line slows, the nice dividend language stops doing the heavy lifting.
Analyst rankings
earnings predictability
95 / 100
in human-speak, analysts view these earnings as unusually stable for a small bank. Fewer surprises. Less drama.
risk rank
3
Safer than about half the market. That is respectable. It is not the same as recession-proof.
source: institutional data
Institutional activity
institutional ownership data for LKFN is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$62
current price
n/a
target midpoint · n/a from current
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