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 - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 940 % -8.18%
Return On Equity 16.1 % -1.77%
Return On Assets 1.55 % +6.18%

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 127M USD +2.84%
Weighted Average Number of Shares Outstanding, Basic 25.7M shares +0.28%
Weighted Average Number of Shares Outstanding, Diluted 25.7M shares +0.22%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 121M USD +9.3%
Income Tax Expense (Benefit) 19.7M USD +16.7%
Net Income (Loss) Attributable to Parent 101M USD +7.96%
Earnings Per Share, Basic 3.94 USD/shares +7.65%
Earnings Per Share, Diluted 3.92 USD/shares +7.99%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 121M USD -30%
Property, Plant and Equipment, Net 58.8M USD -0.08%
Operating Lease, Right-of-Use Asset 4.39M USD -12.3%
Goodwill 4.97M USD 0%
Assets 6.57B USD +0.91%
Liabilities 5.91B USD -0.06%
Accumulated Other Comprehensive Income (Loss), Net of Tax -170M USD +4.05%
Retained Earnings (Accumulated Deficit) 714M USD +7.88%
Stockholders' Equity Attributable to Parent 655M USD +10.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 655M USD +10.6%
Liabilities and Equity 6.57B USD +0.91%

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 +0.28%
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 121M USD -30%
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 4.39M USD -12.3%
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 108M USD +45.4%
Lessee, Operating Lease, Liability, to be Paid 4.8M USD -13.2%
Property, Plant and Equipment, Gross 114M USD +2.43%
Lessee, Operating Lease, Liability, to be Paid, Year Two 731K USD -3.31%
Lessee, Operating Lease, Liability, to be Paid, Year One 756K USD +1.61%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 415K USD -22.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 753K USD +3.15%
Deferred Tax Assets, Operating Loss Carryforwards 913K USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 593K USD -21.2%
Operating Lease, Payments 681K USD -5.81%
Interest Expense 146M USD +299%