Lakeland Financial Corporation
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 237.94M | 281.43M | 393.13M | 430.00M | 421.71M | -1.9% | |
| Cost of Revenue | (16.21M) | (46.05M) | (152.08M) | (193.23M) | (164.52M) | -14.9% | |
Gross Profit | 221.73M | 235.37M | 241.04M | 236.77M | 257.19M | 8.6% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (60.12M) | (60.53M) | (62.51M) | (70.19M) | (74.49M) | 6.1% | |
| General & Administrative | (60.12M) | (60.53M) | (62.51M) | (70.19M) | (74.49M) | 6.1% | |
| Depreciation & Amortization | (8.39M) | (6.78M) | (6.17M) | (5.95M) | (4.79M) | -19.6% | |
Operating Income (EBIT) | 117.44M | 125.16M | 110.33M | 111.69M | 125.58M | 12.4% | |
| Non-Operating Items | |||||||
| Interest Income | 193.22M | 239.57M | 343.27M | 373.16M | 373.74M | 0.2% | |
| Interest Expense | (15.13M) | (36.68M) | (146.23M) | (176.48M) | (152.72M) | -13.5% | |
| Other Income/Expenses (Net) | — | — | — | — | — | — | |
Income Before Tax | 117.44M | 125.16M | 110.33M | 111.69M | 125.58M | 12.4% | |
| Income Tax Expense | (21.71M) | (21.35M) | (16.57M) | (18.21M) | (22.22M) | 22.0% | |
Net Income | 95.73M | 103.82M | 93.77M | 93.48M | 103.36M | 10.6% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $4 | $4 | $4 | $4 | $4 | 10.4% | |
| Weighted Avg Shares Outstanding | 25.48M | 25.53M | 25.61M | 25.68M | 25.62M | -0.2% | |
| Weighted Avg Shares Outstanding (Diluted) | 25.62M | 25.71M | 25.72M | 25.77M | 25.77M | 0.0% | |
EBITDA | 125.83M | 131.94M | 116.51M | 117.64M | 130.37M | 10.8% |
Explore LKFN
LKFN in the Financial Services
Small Cap