LKFN Financials Lakeland Financial Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 42 d ago Overview →

Growth & profitability

Revenue has grown 3.0% per year over the past 5 years.
Net income has grown faster than revenue (4.2% vs 3.0% per year).
Free cash flow has grown 4.9% per year over the past 5 years.

Financial health

Total debt ($184M) exceeds cash ($141M); net debt is $43M.
Total debt has grown faster than revenue (16.6% vs 3.0% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 49.7% of earnings and 49.5% of free cash flow.
The dividend has grown 11.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	—	$103M	—	—	13.6%	1.5%	$104M	$184M	$141M
2024	—	$93M	—	—	13.7%	1.4%	$94M	$0	$168M
2023	—	$94M	—	—	14.4%	1.4%	$108M	$50M	$152M
2022	—	$104M	—	—	18.3%	1.6%	$165M	$297M	$130M
2021	—	$96M	—	—	13.6%	1.5%	$108M	$75M	$683M
2020	—	$84M	—	—	12.8%	1.4%	$82M	$86M	$250M
2019	—	$87M	—	—	14.6%	1.8%	$92M	$170M	$99M
2018	$985000	$80M	0.0%	0.0%	15.4%	1.6%	$97M	—	$217M
2017	$1M	$57M	0.0%	0.0%	12.2%	1.2%	$68M	—	$176M
2016	$928000	$52M	0.0%	0.0%	12.2%	1.2%	$52M	—	$167M
2015	—	$46M	—	—	11.8%	1.2%	$47M	—	$81M
2014	—	$44M	—	—	12.1%	1.3%	$49M	—	$91M
2013	—	$39M	—	—	12.1%	1.2%	$55M	—	$63M
2012	—	$35M	—	—	11.9%	1.2%	$48M	—	$232M
2011	—	$31M	—	—	11.2%	1.1%	$45M	—	$105M

Net income

Return on equity & assets (ROE / ROA)

ROEROA

Shareholders' equity (book value)

Equity

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	—	$28M	—	—	3.7%	0.4%	$19M	$71M	$194M
Mar '26	—	$26M	—	—	3.5%	0.4%	$30M	$68M	$151M
Dec '25	—	$30M	—	—	3.9%	0.4%	$32M	$184M	$141M
Sep '25	—	$26M	—	—	3.5%	0.4%	$31M	—	$193M
Jun '25	—	$27M	—	—	3.8%	0.4%	$14M	$6M	$310M
Mar '25	—	$20M	—	—	2.9%	0.3%	$27M	—	$235M
Dec '24	—	$24M	—	—	3.5%	0.4%	$37M	$0	$168M
Sep '24	—	$23M	—	—	3.3%	0.4%	$15M	$30M	$160M
Jun '24	—	$23M	—	—	3.4%	0.3%	$19M	$55M	$121M
Mar '24	—	$23M	—	—	3.6%	0.4%	$23M	—	$148M
Dec '23	—	$30M	—	—	4.6%	0.5%	$26M	$50M	$152M
Sep '23	—	$25M	—	—	4.5%	0.4%	$49M	$90M	$146M
Jun '23	—	$15M	—	—	2.5%	0.2%	$8M	$400M	$173M
Mar '23	—	$24M	—	—	4.0%	0.4%	$25M	$200M	$154M
Dec '22	—	$26M	—	—	4.6%	0.4%	$33M	$297M	$130M
Sep '22	—	$29M	—	—	5.5%	0.5%	$42M	—	$205M
Jun '22	—	$26M	—	—	4.6%	0.4%	$42M	—	$170M
Mar '22	—	$24M	—	—	3.9%	0.4%	$47M	—	$475M
Dec '21	—	$24M	—	—	3.4%	0.4%	$27M	$75M	$683M
Sep '21	—	$24M	—	—	3.5%	0.4%	$25M	$75M	$557M

Valuation over time

How the market has priced LKFN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 15.0× (Mar '23) to 14.4× (Sep '26).
The dividend yield has risen from 2.6% (Mar '23) to 3.4% (Sep '26).

Price / earnings (P/E)

P/E

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LKFN growing its revenue and profit?

Over the past 5 years, Lakeland Financial Corp's revenue has grown 3.0% per year, and net income grown 4.2% per year. These are computed facts, not advice.

How much debt does LKFN have?

As of FY2025, Lakeland Financial Corp reported $184M of total debt against $141M of cash.

What is LKFN's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin —.

What is LKFN's P/E ratio?

As of Sep '26, Lakeland Financial Corp traded at a price-to-earnings ratio of about 14.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.