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 Oct 31, 2026, 11:19 UTC 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
Sep '26	—	$29M	—	—	3.9%	0.4%	$40M	$101M	$116M
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

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 14.9× (Mar '23) to 14.6× (Nov '26).
The dividend yield has risen from 2.6% (Mar '23) to 3.4% (Nov '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?

Lakeland Financial Corp's P/E (TTM) is 13.31 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LKFN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 14.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.