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Companies / Financials / Lakeland Financial Corporation
LKFN

Lakeland Financial Corporation

FinancialsBanks & Brokers
Ticker LKFNWARSAW, INFiscal year ends DecemberBook value per share $28.91Diluted shares 25.3M

Lakeland Financial Corporation (Nasdaq: LKFN) is an Indiana bank holding company that provides commercial and consumer banking, trust and wealth management, brokerage, and treasury management services through its subsidiary, Lake City Bank. Its customers include businesses across industries such as manufacturing,… From the company’s description.

Over the twelve months to Sep 30, 2026, Lakeland Financial Corporation reported revenue of $283.37M, up 7.8% from a year earlier, and net income of $113.68M. Its pre-tax margin was 49.2%. In fiscal 2025, it reported revenue of $268.99M, up 6.1% from fiscal 2024, and net income of $103.36M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$268.99MFY2025
+6.1% year over year
Last 12 mo $283.37M
46.69%FY2025
+2.6 percentage points
Last 12 mo 49.15%
$103.36MFY2025
+10.6% year over year
Last 12 mo $113.68M
13.56%FY2025
−0.1 percentage points
Last 12 mo 15.53%
Cash & financing
$114.89MFY2025
+12.1% year over year
Last 12 mo $134.45M
$103.77MFY2025
+10.6% year over year
Last 12 mo $120.73M
8.08FY2025
Was 8.63× a year earlier
Last 12 mo 8.74
25.8MFY2025
+0.1% year over year
Last 12 mo 25.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Lakeland Financial Corporation does

In the company’s own words

Lakeland Financial Corporation (Nasdaq: LKFN) is an Indiana bank holding company that provides commercial and consumer banking, trust and wealth management, brokerage, and treasury management services through its subsidiary, Lake City Bank. Its customers include businesses across industries such as manufacturing, agriculture, commercial real estate, health care, retail, and construction, as well as individual consumers. The company operates as one reportable segment, with banking activities across its Northern and Central Indiana markets. Lake City Bank offers deposit products, commercial and consumer loans, retail and merchant credit cards, corporate treasury management, private banking, and wealth advisory and trust services. At December 31, 2025, the company had $7.0 billion in consolidated assets and the bank operated 55 offices in 15 Indiana counties. The bank began in 1872 and has expanded organically, including into the Indianapolis market beginning in 2011. Its website is www.lakecitybank.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
WARSAW, IN
Fiscal year end
December
CIK
721994
SIC
6022

Financial performance, year by year

Fiscal 2012–2025 · USD
$-28.34M$56.67M$141.69M$226.70M$311.71M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Lakeland Financial Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

244
funds hold it
0 of 35
superinvestors hold it
$718.63M
held by funds, at market
47.5%
of shares held by funds

Largest fund holders · Lakeland Financial Corporation’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.08%of fund net assets
Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
0.32%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Lakeland Financial Corporation and its peers compare on margins and cash generation over ten years?”
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