LKFN Stock Analysis: Lakeland Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 1.468m USD | 12M Return: -6% | US5116561003 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.3M
EPS Trend: 83.3%
Qual. Beats: 0
Rev. Trend: 66.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lakeland Financial Corporation is a bank holding company that operates Lake City Bank, founded in 1872 and headquartered in Warsaw, Indiana. The company provides a full range of banking products and services, including deposit accounts such as checking, savings, money market, NOW, and demand deposits, along with a diverse loan portfolio covering commercial and industrial, commercial real estate, multi-family residential, construction, agri-business, agricultural, and consumer mortgage lending. Beyond traditional banking, it offers retail and merchant credit card services, corporate treasury management, private banking, wealth advisory, retail brokerage, trust and fiduciary services, and estate and financial planning, serving industries that include manufacturing, agriculture, construction, healthcare, retail, and finance.
As a regional bank in the GICS Financials sector, Lakeland Financial operates under a community banking model focused on relationship-based lending and deposit gathering within its geographic footprint. Bank holding companies such as LKFN are regulated primarily by the Federal Reserve, with the holding entity structured to own and oversee the underlying bank while separating governance from day-to-day banking operations.
- Net interest margin expansion drives record quarterly earnings
- Commercial loan growth fueled by Indiana manufacturing and healthcare sectors
- Agri-business lending benefits from strong farm income and crop prices
| Net Income: 111.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.20 > 1.0 |
| NWC/Revenue: 6.39% < 20% (prev -1.29k%; Δ 1.30k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 128.8m > Net Income 111.2m |
| Net Debt (2.24m) to EBITDA (141.9m): 0.02 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (25.2m) vs 12m ago -2.14% < -2% |
| Gross Margin: 64.08% > 18% (prev 56.83%; Δ 7.25% > 0.5%) |
| Asset Turnover: 6.01% > 50% (prev 6.02%; Δ -0.01% > 0%) |
| Interest Coverage Ratio: 0.92 > 6 (EBIT TTM 135.8m / Interest Expense TTM 147.7m) |
| A: 0.00 (Total Current Assets 97.3m - Total Current Liabilities 70.0m) / Total Assets 7.24b |
| B: 0.11 (Retained Earnings 817.0m / Total Assets 7.24b) |
| C: 0.02 (EBIT TTM 135.8m / Avg Total Assets 7.10b) |
| D: 0.12 (Book Value of Equity 773.3m / Total Liabilities 6.47b) |
| Altman-Z'' = 0.65 = B |
| DSRI: 1.00 (Receivables 29.5m/29.1m, Revenue 427.1m/419.4m) |
| GMI: 0.89 (GM 56.83% / 64.08%) |
| AQI: 1.11 (AQ_t 0.98 / AQ_t-1 0.88) |
| SGI: 1.02 (Revenue 427.1m / 419.4m) |
| TATA: -0.00 (NI 111.2m - CFO 128.8m) / TA 7.24b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of October 06, 2026, the stock is trading at USD 58.31 with a total of 189,476 shares traded. Over the past week, the price has changed by -0.77%, over one month by -2.78%, over three months by -4.71% and over the past year by -6.02%.
Current recommended Stop Loss: 56.90 (which is 2.4% or 1.2 ATR below the current price).
Lakeland Financial has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold LKFN.
- StrongBuy: 0
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 66.5 | 14% |
P/E Trailing = 13.3341
P/E Forward = 20.0803
P/S = 5.3649
P/B = 1.876
P/EG = 1.4383
Revenue TTM = 427.1m USD
EBIT TTM = 135.8m USD
EBITDA TTM = 141.9m USD
Long Term Debt = 1.20m USD (from longTermDebt, last quarter)
Short Term Debt = 70.0m USD (from shortTermDebt, last quarter)
Debt = 70.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.24m USD (calculated: Debt 70.0m - CCE 67.8m)
Enterprise Value = 1.47b USD (1.47b + Debt 70.0m - CCE 67.8m)
Interest Coverage Ratio = 0.92 (Ebit TTM 135.8m / Interest Expense TTM 147.7m)
EV/FCF = 13.17x (Enterprise Value 1.47b / FCF TTM 111.7m)
FCF Yield = 7.59% (FCF TTM 111.7m / Enterprise Value 1.47b)
FCF Margin = 26.14% (FCF TTM 111.7m / Revenue TTM 427.1m)
Net Margin = 26.04% (Net Income TTM 111.2m / Revenue TTM 427.1m)
Gross Margin = 64.08% ((Revenue TTM 427.1m - Cost of Revenue TTM 153.4m) / Revenue TTM)
Gross Margin QoQ = 64.21% (prev 64.53%)
Tobins Q-Ratio = 0.20 (Enterprise Value 1.47b / Total Assets 7.24b)
Interest Expense / Debt = 211.0% (Interest Expense 147.7m / Debt 70.0m)
Taxrate = 18.02% (24.4m / 135.7m)
NOPAT = 111.4m (EBIT 135.8m * (1 - 18.02%))
Current Ratio = 1.39 (Total Current Assets 97.3m / Total Current Liabilities 70.0m)
Debt / Equity = 0.09 (Debt 70.0m / totalStockholderEquity, last quarter 773.3m)
Debt / EBITDA = 0.02 (Net Debt 2.24m / EBITDA 141.9m)
Debt / FCF = 0.02 (Net Debt 2.24m / FCF TTM 111.7m)
Total Stockholder Equity = 758.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.57% (Net Income 111.2m / Total Assets 7.24b)
RoE = 14.67% (Net Income TTM 111.2m / Total Stockholder Equity 758.0m)
RoCE = 17.89% (EBIT 135.8m / Capital Employed (Equity 758.0m + L.T.Debt 1.20m))
RoIC = 1.54% (NOPAT 111.4m / Invested Capital 7.22b)
WACC = 7.31% (E(1.47b)/V(1.54b) * Re(7.66%) + (debt cost/tax rate unavailable))
Discount Rate = 7.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.80 | Cagr: -0.90%
[DCF] Terminal Value 77.97% ; FCFF base≈104.3m ; Y1≈119.5m ; Y5≈175.9m
[DCF] Fair Price = 106.4 (EV 2.65b - Net Debt 2.24m = Equity 2.65b / Shares 24.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 83.28 | EPS CAGR: 8.46% | SUE: 0.77 | # QB: 0
Revenue Correlation: 66.12 | Revenue CAGR: 2.93% | SUE: 0.61 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.09 | Chg30d=-0.18% | Revisions=-17% | Analysts=5
EPS current Year (2026-12-31): EPS=4.38 | Chg30d=-0.09% | Revisions=+50% | GrowthEPS=+9.2% | GrowthRev=+6.3%
EPS next Year (2027-12-31): EPS=4.51 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=+3.0% | GrowthRev=+5.0%
[Analyst] Revisions Ratio: +8% (up=5, down=4)