Lakeland Finl Corp Financials
This page shows Lakeland Finl Corp (LKFN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Lakeland Finl Corp's revenue grew a modest 0.2% year-over-year to $373.7M. This slow but positive growth earns a score of 34/100.
Lakeland Finl Corp has elevated debt relative to equity (D/E of 8.17), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Lakeland Finl Corp converts 27.8% of revenue into free cash flow ($103.8M). This strong cash generation earns a score of 94/100.
Lakeland Finl Corp's ROE of 13.6% shows moderate profitability relative to equity, earning a score of 41/100. This is down from 13.7% the prior year.
Lakeland Finl Corp passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Lakeland Finl Corp generates $1.11 in operating cash flow ($114.9M OCF vs $103.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Lakeland Finl Corp generated $373.7M in revenue in fiscal year 2025. This represents an increase of 0.2% from the prior year.
Lakeland Finl Corp reported $103.4M in net income in fiscal year 2025. This represents an increase of 10.6% from the prior year.
Lakeland Finl Corp earned $4.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 10.5% from the prior year.
Cash & Balance Sheet
Lakeland Finl Corp generated $103.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 10.6% from the prior year.
Lakeland Finl Corp held $141.3M in cash against $0 in long-term debt as of fiscal year 2025.
Lakeland Finl Corp paid $2.00 per share in dividends in fiscal year 2025. This represents an increase of 4.2% from the prior year.
Lakeland Finl Corp had 25M shares outstanding in fiscal year 2025. This represents a decrease of 1.3% from the prior year.
Margins & Returns
Lakeland Finl Corp's net profit margin was 27.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.6 percentage points from the prior year.
Lakeland Finl Corp's ROE was 13.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the prior year.
Capital Allocation
Lakeland Finl Corp spent $20.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 3344.4% from the prior year.
Lakeland Finl Corp invested $11.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 28.8% from the prior year.
LKFN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.0M-0.9% | $94.9M+0.5% | $94.4M+4.3% | $90.5M-3.1% | $93.4M-1.7% | $95.0M+1.4% | $93.7M+3.0% | $91.0M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $36.8M-5.2% | $38.8M-1.8% | $39.5M+5.1% | $37.6M-9.8% | $41.7M-8.9% | $45.7M+0.7% | $45.4M+4.2% | $43.6M |
| Income Tax | $6.4M+13.9% | $5.7M-5.1% | $6.0M+43.5% | $4.2M-17.5% | $5.0M+14.5% | $4.4M+0.6% | $4.4M-0.7% | $4.4M |
| Net Income | $29.9M+13.3% | $26.4M-2.1% | $27.0M+34.3% | $20.1M-17.0% | $24.2M+3.7% | $23.3M+3.5% | $22.5M-3.6% | $23.4M |
| EPS (Diluted) | $1.16+12.6% | $1.03-1.0% | $1.04+33.3% | $0.78-17.0% | $0.94+3.3% | $0.91+4.6% | $0.87-4.4% | $0.91 |
LKFN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.0B+1.4% | $6.9B-1.0% | $7.0B+1.7% | $6.9B+2.6% | $6.7B+0.5% | $6.6B+1.2% | $6.6B0.0% | $6.6B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $141.3M-26.7% | $192.8M-37.8% | $310.2M+31.9% | $235.2M+39.8% | $168.2M+5.0% | $160.2M+32.2% | $121.2M-18.0% | $147.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $5.0M0.0% | $5.0M0.0% | $5.0M0.0% | $5.0M0.0% | $5.0M0.0% | $5.0M0.0% | $5.0M0.0% | $5.0M |
| Total Liabilities | $6.2B+1.3% | $6.1B-1.7% | $6.3B+1.6% | $6.2B+2.7% | $6.0B+0.8% | $5.9B+0.5% | $5.9B-0.1% | $5.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $30.0M-45.5% | $55.0M | N/A |
| Total Equity | $762.4M+2.0% | $747.4M+5.3% | $709.9M+2.2% | $694.4M+1.5% | $683.8M-2.2% | $699.1M+6.8% | $654.5M+1.2% | $646.9M |
| Retained Earnings | $788.3M+2.2% | $771.3M+1.8% | $757.7M+1.9% | $743.6M+1.0% | $736.4M+1.6% | $724.5M+1.5% | $713.5M+1.5% | $703.3M |
LKFN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $33.7M-6.5% | $36.1M+123.0% | $16.2M-44.1% | $28.9M-25.2% | $38.7M+114.9% | $18.0M-14.3% | $21.0M-15.3% | $24.8M |
| Capital Expenditures | $2.2M-56.0% | $5.0M+136.4% | $2.1M+18.6% | $1.8M-10.2% | $2.0M-25.8% | $2.7M+10.5% | $2.4M+57.4% | $1.5M |
| Free Cash Flow | $31.5M+1.5% | $31.1M+121.0% | $14.1M-48.2% | $27.1M-26.1% | $36.7M+139.5% | $15.3M-17.5% | $18.6M-20.1% | $23.3M |
| Investing Cash Flow | -$131.3M-247.0% | -$37.8M+8.2% | -$41.2M+64.2% | -$115.2M-122.8% | -$51.7M-239.6% | -$15.2M+57.1% | -$35.5M+42.7% | -$61.9M |
| Financing Cash Flow | $46.0M+139.8% | -$115.6M-215.6% | $100.0M-34.8% | $153.2M+629.1% | $21.0M-42.0% | $36.2M+400.7% | -$12.0M-136.6% | $32.9M |
| Dividends Paid | $12.9M0.0% | $12.9M-0.1% | $12.9M+0.1% | $12.8M+4.2% | $12.3M0.0% | $12.3M0.0% | $12.3M+0.2% | $12.3M |
| Share Buybacks | $18.2M+8008.0% | $224K-87.5% | $1.8M+732.6% | $215K+150.0% | $86K-60.0% | $215K+159.0% | $83K-60.1% | $208K |
LKFN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 31.8%+4.0pp | 27.8%-0.7pp | 28.6%+6.4pp | 22.2%-3.7pp | 25.9%+1.3pp | 24.6%+0.5pp | 24.1%-1.6pp | 25.7% |
| Return on Equity | 3.9%+0.4pp | 3.5%-0.3pp | 3.8%+0.9pp | 2.9%-0.7pp | 3.5%+0.2pp | 3.3%-0.1pp | 3.5%-0.2pp | 3.6% |
| Return on Assets | 0.4%+0.1pp | 0.4%0.0pp | 0.4%+0.1pp | 0.3%-0.1pp | 0.4%0.0pp | 0.4%+0.0pp | 0.3%-0.0pp | 0.4% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.17-0.1 | 8.23-0.6 | 8.81-0.1 | 8.87+0.1 | 8.77+8.7 | 0.04-0.0 | 0.08-9.1 | 9.15 |
| FCF Margin | 33.5%+0.8pp | 32.7%+17.8pp | 14.9%-15.1pp | 30.0%-9.3pp | 39.3%+23.2pp | 16.1%-3.7pp | 19.8%-5.7pp | 25.5% |
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Frequently Asked Questions
What is Lakeland Finl Corp's annual revenue?
Lakeland Finl Corp (LKFN) reported $373.7M in total revenue for fiscal year 2025. This represents a 0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lakeland Finl Corp's revenue growing?
Lakeland Finl Corp (LKFN) revenue grew by 0.2% year-over-year, from $373.2M to $373.7M in fiscal year 2025.
Is Lakeland Finl Corp profitable?
Yes, Lakeland Finl Corp (LKFN) reported a net income of $103.4M in fiscal year 2025, with a net profit margin of 27.7%.
What is Lakeland Finl Corp's net profit margin?
Lakeland Finl Corp (LKFN) had a net profit margin of 27.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Lakeland Finl Corp pay dividends?
Yes, Lakeland Finl Corp (LKFN) paid $2.00 per share in dividends during fiscal year 2025.
What is Lakeland Finl Corp's return on equity (ROE)?
Lakeland Finl Corp (LKFN) has a return on equity of 13.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lakeland Finl Corp's free cash flow?
Lakeland Finl Corp (LKFN) generated $103.8M in free cash flow during fiscal year 2025. This represents a 10.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lakeland Finl Corp's operating cash flow?
Lakeland Finl Corp (LKFN) generated $114.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lakeland Finl Corp's total assets?
Lakeland Finl Corp (LKFN) had $7.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lakeland Finl Corp's capital expenditures?
Lakeland Finl Corp (LKFN) invested $11.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lakeland Finl Corp's debt-to-equity ratio?
Lakeland Finl Corp (LKFN) had a debt-to-equity ratio of 8.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lakeland Finl Corp's return on assets (ROA)?
Lakeland Finl Corp (LKFN) had a return on assets of 1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lakeland Finl Corp's Piotroski F-Score?
Lakeland Finl Corp (LKFN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lakeland Finl Corp's earnings high quality?
Lakeland Finl Corp (LKFN) has an earnings quality ratio of 1.11x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Lakeland Finl Corp?
Lakeland Finl Corp (LKFN) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.