Want to see LKFN full AI Analyst Report?
Top Page
Lakeland Financial
(NASDAQ:LKFN)
Select Model
Select Model
Rating:76Outperform
Price Target:
$69.00
▲(16.02% Upside)
Action:Reiterated
Date:10/28/26
Overall score reflects strong financial performance (profitability, conservative leverage, and solid cash conversion) as the primary driver, supported by an above-average technical setup (price above key moving averages with positive MACD). Valuation and dividend yield are favorable, and recent corporate updates reinforce capital strength and dividend stability, while the main offset is historical volatility in margins/cash-flow growth and rising exposure to CRE/multifamily and mortgage lending.
Positive Factors
Profitability and Revenue Growth
The recovery in revenue and strong net margin indicate renewed operating momentum and meaningful earnings capacity. If sustained, this combination can support internal capital generation, continued investment in banking services, and stronger competitive positioning over the next several quarters.
Negative Factors
Margin Compression and Volatility
Although profitability has recently recovered, results remain below earlier-cycle strength and have fluctuated across periods. Persistent margin variability could make earnings less predictable and reduce the amount of capital available for lending expansion, dividends, or other strategic priorities.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability and Revenue Growth
The recovery in revenue and strong net margin indicate renewed operating momentum and meaningful earnings capacity. If sustained, this combination can support internal capital generation, continued investment in banking services, and stronger competitive positioning over the next several quarters.
Read all positive factors
Lakeland Financial Key Performance Indicators (KPIs)
Any
Loan Portfolio Breakdown
Analyzes the composition of loans, providing insight into risk exposure, sector focus, and potential growth areas within the bank's lending activities.
Analyzes the composition of loans, providing insight into risk exposure, sector focus, and potential growth areas within the bank's lending activities.
Data provided by:
The Fly
The FlyLakeland Financial (LKFN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.50B
Dividend Yield3.44%
Average Volume (3M)235.11K
Price to Earnings (P/E)13.4
Beta (1Y)0.65
Revenue Growth2.03%
EPS Growth18.45%
CountryUS
Employees697
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)4.50
Shares Outstanding24,857,840
10 Day Avg. Volume248,563
30 Day Avg. Volume235,114
Financial Highlights & Ratios
PEG Ratio1.36
Price to Book (P/B)1.92
Price to Sales (P/S)3.47
P/FCF Ratio14.09
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue3.52
Enterprise Value/Gross Profit5.42
Enterprise Value/Ebitda8.37
Forecast
1Y Price Target
$65.50Price Target Upside10.14% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)4.44
Revenue Forecast (FY)$290.76M
Lakeland Financial Business Overview & Revenue Model
Company Description
Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions. The company manages various deposit accounts, including non-interest-bearing and interest-bearing ch...
How the Company Makes Money
Lakeland Financial makes money primarily through its banking subsidiary by earning interest and fees on financial products and services. The largest revenue driver for most regional banks like Lake City Bank is net interest income: the bank collec...
Lakeland Financial Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 428.88M | 421.71M | 430.00M | 393.13M | 281.43M | 237.94M |
| Gross Profit | 278.46M | 257.19M | 236.77M | 241.04M | 235.37M | 221.73M |
| EBITDA | 180.26M | 131.56M | 117.64M | 116.51M | 131.94M | 125.83M |
| Net Income | 113.68M | 103.36M | 93.48M | 93.77M | 103.82M | 95.73M |
Balance Sheet | ||||||
| Total Assets | 7.21B | 6.99B | 6.68B | 6.52B | 6.43B | 6.56B |
| Cash, Cash Equivalents and Short-Term Investments | 1.21B | 141.32M | 591.05M | 1.20B | 1.32B | 2.08B |
| Total Debt | 101.30M | 184.20M | 0.00 | 50.00M | 297.00M | 75.00M |
| Total Liabilities | 6.48B | 6.23B | 5.99B | 5.87B | 5.86B | 5.85B |
| Stockholders Equity | 732.00M | 762.40M | 683.82M | 649.70M | 568.80M | 704.82M |
Cash Flow | ||||||
| Free Cash Flow | 120.73M | 103.77M | 93.85M | 107.99M | 164.52M | 107.60M |
| Operating Cash Flow | 134.45M | 114.89M | 102.48M | 113.98M | 169.34M | 113.77M |
| Investing Cash Flow | -429.22M | -325.42M | -164.24M | -54.93M | -626.52M | -331.55M |
| Financing Cash Flow | 217.70M | 183.65M | 78.13M | -37.51M | -95.78M | 651.09M |
Lakeland Financial Technical Analysis
Positive
59.47
Price Trends
58.64
Positive
59.72
Positive
58.86
Positive
Market Momentum
0.39
Negative
60.71
Neutral
72.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LKFN, the sentiment is Positive. The current price of 59.47 is above the 20-day moving average (MA) of 57.90, above the 50-day MA of 58.64, and above the 200-day MA of 58.86, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 60.71 is Neutral, neither overbought nor oversold. The STOCH value of 72.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LKFN.
Lakeland Financial Risk Analysis
Lakeland Financial disclosed 31 risk factors in its most recent earnings report. Lakeland Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Lakeland Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | $1.84B | 12.62 | 12.39% | 2.49% | 12.24% | 35.76% | |
79 Outperform | $2.10B | 11.97 | 13.75% | 1.92% | 3.90% | 20.76% | |
76 Outperform | $1.50B | 13.42 | 15.07% | 3.44% | 2.03% | 18.45% | |
71 Outperform | $1.06B | 9.90 | 15.17% | 3.09% | 423.76% | ― | |
69 Neutral | $2.53B | 12.55 | 7.54% | 3.59% | 7.98% | -19.37% | |
68 Neutral | $913.65M | 9.98 | 13.84% | 2.92% | 9.80% | 23.15% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
LKFN
Lakeland Financial
61.02
5.74
10.38%
SRCE
1St Source
88.23
30.05
51.65%
THFF
First Financial Indiana
77.50
25.07
47.83%
FRME
First Merchants
41.09
6.63
19.25%
GABC
German American Bancorp
49.41
11.66
30.88%
HBNC
Horizon Bancorp
20.99
5.83
38.50%
Lakeland Financial Corporate Events
Business Operations and StrategyFinancial Disclosures
Lakeland Financial Highlights Strong Capital and Profitability Trends
Positive
Oct 26, 2026
Lakeland Financial Corporation released an investor presentation for third-quarter 2026 highlighting Lake City Bank’s strong capital position and sustained profitability relative to similarly sized exchange-traded depository peers. As of Sep...
Business Operations and StrategyDividends
Lakeland Financial Announces Quarterly Dividend, Signals Stability
Positive
Oct 13, 2026
On October 13, 2026, Lakeland Financial Corporation’s board approved a quarterly cash dividend of $0.52 per share on its common stock, reflecting continued capital returns to shareholders. The dividend is scheduled to be paid on November 5, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.