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LAKELAND FINANCIAL CORP (LKFN) Stock Fundamental Analysis

NASDAQ:LKFN - Nasdaq - US5116561003 - Common Stock - Currency: USD

66.47  +1.43 (+2.2%)

After market: 66.47 0 (0%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to LKFN. LKFN was compared to 394 industry peers in the Banks industry. LKFN has an average financial health and profitability rating. LKFN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

LKFN had positive earnings in the past year.
LKFN had a positive operating cash flow in the past year.
In the past 5 years LKFN has always been profitable.
Each year in the past 5 years LKFN had a positive operating cash flow.
LKFN Yearly Net Income VS EBIT VS OCF VS FCFLKFN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1.2 Ratios

With an excellent Return On Assets value of 1.32%, LKFN belongs to the best of the industry, outperforming 84.01% of the companies in the same industry.
The Return On Equity of LKFN (12.98%) is better than 87.06% of its industry peers.
Industry RankSector Rank
ROA 1.32%
ROE 12.98%
ROIC N/A
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)15.45%
ROE(5y)14.55%
ROIC(3y)N/A
ROIC(5y)N/A
LKFN Yearly ROA, ROE, ROICLKFN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

LKFN has a better Profit Margin (35.04%) than 92.13% of its industry peers.
LKFN's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for LKFN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 35.04%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.96%
PM growth 5Y-3.25%
GM growth 3YN/A
GM growth 5YN/A
LKFN Yearly Profit, Operating, Gross MarginsLKFN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

4

2. Health

2.1 Basic Checks

LKFN does not have a ROIC to compare to the WACC, probably because it is not profitable.
LKFN has more shares outstanding than it did 1 year ago.
LKFN has more shares outstanding than it did 5 years ago.
LKFN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
LKFN Yearly Shares OutstandingLKFN Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
LKFN Yearly Total Debt VS Total AssetsLKFN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

LKFN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z N/A
ROIC/WACCN/A
WACC18%
LKFN Yearly LT Debt VS Equity VS FCFLKFN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
LKFN Yearly Current Assets VS Current LiabilitesLKFN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

4

3. Growth

3.1 Past

The earnings per share for LKFN have decreased by -3.31% in the last year.
Measured over the past 5 years, LKFN shows a small growth in Earnings Per Share. The EPS has been growing by 1.44% on average per year.
Looking at the last year, LKFN shows a small growth in Revenue. The Revenue has grown by 5.30% in the last year.
The Revenue has been growing slightly by 4.86% on average over the past years.
EPS 1Y (TTM)-3.31%
EPS 3Y-0.99%
EPS 5Y1.44%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)5.3%
Revenue growth 3Y4.4%
Revenue growth 5Y4.86%
Sales Q2Q%6.29%

3.2 Future

Based on estimates for the next years, LKFN will show a small growth in Earnings Per Share. The EPS will grow by 6.56% on average per year.
LKFN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.00% yearly.
EPS Next Y5.77%
EPS Next 2Y6.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.71%
Revenue Next 2Y6%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
LKFN Yearly Revenue VS EstimatesLKFN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
LKFN Yearly EPS VS EstimatesLKFN Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 18.99, which indicates a rather expensive current valuation of LKFN.
76.40% of the companies in the same industry are cheaper than LKFN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.52. LKFN is valued slightly cheaper when compared to this.
LKFN is valuated correctly with a Price/Forward Earnings ratio of 16.12.
Based on the Price/Forward Earnings ratio, LKFN is valued a bit more expensive than 75.63% of the companies in the same industry.
LKFN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.58.
Industry RankSector Rank
PE 18.99
Fwd PE 16.12
LKFN Price Earnings VS Forward Price EarningsLKFN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, LKFN is valued a bit more expensive than the industry average as 67.26% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 17.38
EV/EBITDA N/A
LKFN Per share dataLKFN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.29
PEG (5Y)13.21
EPS Next 2Y6.56%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

LKFN has a Yearly Dividend Yield of 3.04%.
LKFN's Dividend Yield is comparable with the industry average which is at 3.31.
Compared to an average S&P500 Dividend Yield of 2.35, LKFN pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.04%

5.2 History

On average, the dividend of LKFN grows each year by 10.47%, which is quite nice.
LKFN has paid a dividend for at least 10 years, which is a reliable track record.
LKFN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.47%
Div Incr Years2
Div Non Decr Years2
LKFN Yearly Dividends per shareLKFN Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

LKFN pays out 55.28% of its income as dividend. This is a bit on the high side, but may be sustainable.
LKFN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.28%
EPS Next 2Y6.56%
EPS Next 3YN/A
LKFN Yearly Income VS Free CF VS DividendLKFN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
LKFN Dividend Payout.LKFN Dividend Payout, showing the Payout Ratio.LKFN Dividend Payout.PayoutRetained Earnings

LAKELAND FINANCIAL CORP

NASDAQ:LKFN (7/14/2025, 4:30:02 PM)

After market: 66.47 0 (0%)

66.47

+1.43 (+2.2%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-25 2025-04-25/bmo
Earnings (Next)07-25 2025-07-25/bmo
Inst Owners86.01%
Inst Owner Change0%
Ins Owners2.75%
Ins Owner Change6.1%
Market Cap1.70B
Analysts76.36
Price Target67.32 (1.28%)
Short Float %8.86%
Short Ratio12.81
Dividend
Industry RankSector Rank
Dividend Yield 3.04%
Yearly Dividend1.94
Dividend Growth(5Y)10.47%
DP55.28%
Div Incr Years2
Div Non Decr Years2
Ex-Date04-25 2025-04-25 (0.5)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.4%
Min EPS beat(2)-13.77%
Max EPS beat(2)2.97%
EPS beat(4)3
Avg EPS beat(4)-2.34%
Min EPS beat(4)-13.77%
Max EPS beat(4)2.97%
EPS beat(8)6
Avg EPS beat(8)-1.23%
EPS beat(12)8
Avg EPS beat(12)-2.42%
EPS beat(16)9
Avg EPS beat(16)-1.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.52%
Min Revenue beat(2)-1.82%
Max Revenue beat(2)-1.21%
Revenue beat(4)1
Avg Revenue beat(4)1.45%
Min Revenue beat(4)-2.19%
Max Revenue beat(4)11.01%
Revenue beat(8)2
Avg Revenue beat(8)0.1%
Revenue beat(12)2
Avg Revenue beat(12)-1.27%
Revenue beat(16)2
Avg Revenue beat(16)-1.79%
PT rev (1m)0.92%
PT rev (3m)-5.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.03%
EPS NY rev (1m)0%
EPS NY rev (3m)0.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.42%
Valuation
Industry RankSector Rank
PE 18.99
Fwd PE 16.12
P/S 6.6
P/FCF 17.38
P/OCF 15.94
P/B 2.45
P/tB 2.46
EV/EBITDA N/A
EPS(TTM)3.5
EY5.27%
EPS(NY)4.12
Fwd EY6.2%
FCF(TTM)3.82
FCFY5.75%
OCF(TTM)4.17
OCFY6.28%
SpS10.07
BVpS27.17
TBVpS26.97
PEG (NY)3.29
PEG (5Y)13.21
Profitability
Industry RankSector Rank
ROA 1.32%
ROE 12.98%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 35.04%
GM N/A
FCFM 37.99%
ROA(3y)1.48%
ROA(5y)1.47%
ROE(3y)15.45%
ROE(5y)14.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.96%
PM growth 5Y-3.25%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr 150.56%
Cap/Sales 3.45%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 108.4%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score7
WACC18%
ROIC/WACCN/A
Cap/Depr(3y)107.36%
Cap/Depr(5y)103.75%
Cap/Sales(3y)2.6%
Cap/Sales(5y)2.66%
Profit Quality(3y)124.68%
Profit Quality(5y)116.63%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.31%
EPS 3Y-0.99%
EPS 5Y1.44%
EPS Q2Q%-14.29%
EPS Next Y5.77%
EPS Next 2Y6.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.3%
Revenue growth 3Y4.4%
Revenue growth 5Y4.86%
Sales Q2Q%6.29%
Revenue Next Year7.71%
Revenue Next 2Y6%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-31.7%
FCF growth 3Y-4.45%
FCF growth 5Y0.4%
OCF growth 1Y-28.45%
OCF growth 3Y-3.43%
OCF growth 5Y0.49%