About Lakeland Financial Corp.
Lakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank's activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. The Bank has over 50 offices in over 10 counties in Northern and Central Indiana.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Midwest Banks
- Sub-Industry: Regional Banks
- Exchange: NASDAQ
- Symbol: LKFN
- CUSIP: 51165610
Key Metrics:
- Previous Close: $34.91
- 50 Day Moving Average: $35.61
- 200 Day Moving Average: $32.54
- 52-Week Range: $26.53 - $37.74
- Trailing P/E Ratio: 18.06
- Foreward P/E Ratio: 17.03
- P/E Growth: 1.80
- Market Cap: $869.05M
- Outstanding Shares: 24,894,000
- Beta: 0.82
Profitability:- Net Margins: 30.35%
- Return on Equity: 12.19%
- Return on Assets: 1.29%
Debt:- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 0.95%
- Quick Ratio: 0.95%
Additional Links:
Companies Related to Lakeland Financial Corp.:
Earnings History for Lakeland Financial Corp. (NASDAQ:LKFN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/24/2016 | | | | | | | | |
| 7/25/2016 | Q2 | $0.71 | $0.76 | | | View | N/A |  |
| 4/25/2016 | Q1 | $0.70 | $0.73 | | | View | N/A | |
| 1/25/2016 | Q4 | $0.70 | $0.73 | | | View | N/A | |
| 10/26/2015 | Q3 | $0.70 | $0.69 | | | View | N/A | |
| 7/24/2015 | Q2 | $0.68 | $0.68 | $34.35 million | | View | N/A | |
| 4/27/2015 | Q114 | $0.64 | $0.66 | $33.90 million | | View | N/A | |
| 1/26/2015 | Q413 | $0.69 | $0.66 | $34.00 million | $33.27 million | View | N/A | |
| 10/27/2014 | Q3 | $0.69 | $0.69 | $34.40 million | $33.80 million | View | N/A | |
| 7/25/2014 | | $0.66 | $0.68 | | | View | N/A | |
| 4/25/2014 | | $0.61 | $0.59 | | | View | N/A | |
| 1/27/2014 | Q4 | $0.61 | $0.63 | | | View | N/A | |
| 7/25/2013 | Q213 | | $0.56 | | | View | N/A | |
| 1/25/2013 | Q412 | $0.50 | $0.52 | $28.58 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Lakeland Financial Corp. (NASDAQ:LKFN)Current Year EPS Consensus Estimate: $2.00 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2016 | 1 | $0.69 | $0.69 | $0.69 |
| Q2 2016 | 2 | $0.72 | $0.73 | $0.73 |
| Q3 2016 | 3 | $0.52 | $0.74 | $0.66 |
| Q4 2016 | 2 | $0.52 | $0.74 | $0.63 |
| Q1 2017 | 2 | $0.53 | $0.74 | $0.64 |
| Q2 2017 | 2 | $0.54 | $0.76 | $0.65 |
| Q3 2017 | 2 | $0.77 | $0.81 | $0.79 |
| Q4 2017 | 2 | $0.55 | $0.78 | $0.67 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Lakeland Financial Corp. (NASDAQ:LKFN)| Annual Dividend: | $0.75 |
| Dividend Yield: | 2.15% |
| Payout Ratio: | 38.66% (Based on Trailing 12 Months of Earnings)
37.50% (Based on Current Year Consensus EPS Estimate)
36.59% (Based on Next Year Consensus EPS Estimate)
|
Dividend History for Lakeland Financial Corp. (NASDAQ:LKFN)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/14/2016 | quarterly | $0.28 | 2.28% | 7/21/2016 | 7/25/2016 | 8/5/2016 |
| 4/13/2016 | quarterly | $0.28 | 2.47% | 4/21/2016 | 4/25/2016 | 5/5/2016 |
| 1/14/2016 | quarterly | $0.25 | 2.32% | 1/21/2016 | 1/25/2016 | 2/5/2016 |
| 10/15/2015 | quarterly | $0.25 | 2.16% | 10/21/2015 | 10/25/2015 | 11/5/2015 |
| 7/16/2015 | quarterly | $0.25 | 2.22% | 7/22/2015 | 7/25/2015 | 8/5/2015 |
| 4/15/2015 | quarterly | $0.25 | 2.4% | 4/22/2015 | 4/25/2015 | 5/5/2015 |
| 1/15/2015 | quarterly | $0.21 | 2.11% | 1/21/2015 | 1/25/2015 | 2/5/2015 |
| 10/16/2014 | quarterly | $0.21 | 2.21% | 10/22/2014 | 10/25/2014 | 11/5/2014 |
| 7/10/2014 | quarterly | $0.21 | 2.23% | 7/23/2014 | 7/25/2014 | 8/5/2014 |
| 4/9/2014 | quarterly | $0.21 | 2.23% | 4/23/2014 | 4/25/2014 | 5/5/2014 |
| 1/16/2014 | quarterly | $0.19 | 2.03% | 1/22/2014 | 1/25/2014 | 2/5/2014 |
| 10/14/2013 | quarterly | $0.19 | 2.22% | 10/23/2013 | 10/25/2013 | 11/5/2013 |
| 7/11/2013 | quarterly | $0.19 | 2.55% | 7/23/2013 | 7/25/2013 | 8/5/2013 |
| 4/9/2013 | quarterly | $0.19 | 2.86% | 4/23/2013 | 4/25/2013 | 5/6/2013 |
| 12/9/2012 | quarterly | $0.17 | 2.72% | 12/14/2012 | 12/18/2012 | 12/31/2012 |
(Data available from 1/1/2013 forward)
Insider Trading History for Lakeland Financial Corp. (NASDAQ:LKFN)Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 44.53%
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/20/2016 | Brian J Smith | Director | Buy | 140 | $35.62 | $4,986.80 | |
| 8/23/2016 | Emily E Pichon | Director | Sell | 1,000 | $35.55 | $35,550.00 | |
| 8/12/2016 | Kevin L Deardorff | Insider | Sell | 4,263 | $35.24 | $150,228.12 | |
| 8/5/2016 | Charles E Niemier | Director | Buy | 554 | $52.99 | $29,356.46 | |
| 6/16/2016 | Brian J Smith | Director | Buy | 107 | $46.93 | $5,021.51 | |
| 5/5/2016 | Charles E Niemier | Director | Buy | 612 | $47.33 | $28,965.96 | |
| 3/15/2016 | Brian J Smith | Director | Buy | 112 | $44.77 | $5,014.24 | |
| 2/24/2016 | M Scott Welch | Director | Buy | 40 | $41.40 | $1,656.00 | |
| 2/9/2016 | Kristin Pruitt | EVP | Sell | 1,900 | $42.29 | $80,351.00 | |
| 2/5/2016 | Charles E. Niemier | Director | Buy | 600 | $41.66 | $24,996.00 | |
| 2/3/2016 | Jonathan P. Steiner | SVP | Sell | 1,233 | $42.76 | $52,723.08 | |
| 2/2/2016 | Michael E. Gavin | EVP | Sell | 1,500 | $43.49 | $65,235.00 | |
| 2/1/2016 | Michael L Kubacki | Chairman | Sell | 13,320 | $43.62 | $581,018.40 | |
| 1/27/2016 | Lisa M O'neill | CFO | Buy | 500 | $39.92 | $19,960.00 | |
| 12/16/2015 | Brian J. Smith | Director | Buy | 104 | $48.12 | $5,004.48 | |
| 11/23/2015 | Eric H. Ottinger | EVP | Sell | 3,000 | $48.00 | $144,000.00 | |
| 9/9/2015 | Emily E Pichon | Director | Sell | 600 | $41.00 | $24,600.00 | |
| 3/12/2015 | Kevin L Deardorff | EVP | Sell | 2,069 | $39.91 | $82,573.79 | |
| 3/5/2015 | Daniel F Evans | Director | Buy | 7,148 | $39.16 | $279,915.68 | |
| 2/17/2015 | Batty Jill A De | SVP | Sell | 1,100 | $39.55 | $43,505.00 | |
| 2/11/2015 | Jonathan P Steiner | SVP | Sell | 2,000 | $39.40 | $78,800.00 | |
| 2/5/2015 | Kristin Pruitt | EVP | Sell | 1,750 | $40.01 | $70,017.50 | |
| 2/3/2015 | Michael E Gavin | EVP | Sell | 3,053 | $39.67 | $121,112.51 | |
| 2/2/2015 | Michael L Kubacki | Chairman | Sell | 8,440 | $38.69 | $326,543.60 | |
| 11/17/2014 | Ronald Truex | Director | Buy | 20,000 | $40.51 | $810,200.00 | |
| 11/4/2014 | Emily E Pichon | Director | Sell | 1,000 | $40.91 | $40,910.00 | |
| 2/18/2014 | Kevin Deardorff | EVP | Sell | 2,221 | $37.75 | $83,842.75 | |
| 2/12/2014 | David Findlay | CFO | Sell | 4,200 | $36.63 | $153,846.00 | |
| 2/11/2014 | Batty Jill De | SVP | Sell | 2,610 | $36.13 | $94,299.30 | |
| 2/5/2014 | Michael Kubacki | CEO | Sell | 9,040 | $35.88 | $324,355.20 | |
| 2/4/2014 | Eric Ottinger | EVP | Sell | 2,500 | $35.87 | $89,675.00 | |
| 11/15/2013 | Michael Gavin | EVP | Sell | 1,000 | $35.81 | $35,810.00 | |
| 8/22/2013 | Eric H Ottinger | EVP | Sell | 3,000 | $33.00 | $99,000.00 | |
| 7/31/2013 | Kevin L Deardorff | EVP | Sell | 5,000 | $32.00 | $160,000.00 | |
| 7/30/2013 | Kevin L Deardorff | EVP | Sell | 3,000 | $31.95 | $95,850.00 | |
| 7/30/2013 | Kristin Pruitt | SVP | Sell | 5,000 | $31.75 | $158,750.00 | |
| 5/21/2013 | Batty Jill A De | SVP | Sell | 2,100 | $28.20 | $59,220.00 | |
| 2/6/2013 | Michael E Gavin | EVP | Sell | 1,277 | $24.59 | $31,401.43 | |
| 2/5/2013 | Kevin L Deardorff | EVP | Sell | 3,660 | $24.76 | $90,621.60 | |
| 2/5/2013 | Michael L Kubacki | CEO | Sell | 4,900 | $24.77 | $121,373.00 | |
| 2/4/2013 | Eric H Ottinger | EVP | Sell | 1,249 | $24.74 | $30,900.26 | |
| 12/14/2012 | Eric H Ottinger | EVP | Buy | 1,000 | $24.09 | $24,090.00 | |
| 11/16/2012 | David M Findlay | CFO | Buy | 4,000 | $24.21 | $96,840.00 | |
| 11/16/2012 | M Scott Welch | Director | Buy | 10,000 | $23.60 | $236,000.00 | |
| 11/15/2012 | Batty Jill A De | SVP | Buy | 1,500 | $23.67 | $35,505.00 | |
| 11/9/2012 | M Scott Welch | Director | Buy | 5,000 | $24.85 | $124,250.00 | |
(Data available from 1/1/2013 forward)
Latest Headlines for Lakeland Financial Corp. (NASDAQ:LKFN)| Date | Headline |
|---|
 | Director of Lakeland Financial Corporation (NASDAQ:LKFN), Pichon Emily E, sells 1,000 shares worth $35,550 (NASDAQ:LKFN)
empowerednews.net - August 24 at 9:02 AM |
| Executive Chairman of Lakeland Financial Corporation (NASDAQ:LKFN), Kubacki Michael L, sells 22,500 shares worth $788,964 (NASDAQ:LKFN)
empowerednews.net - August 16 at 9:15 AM |
 | ETF’s with exposure to Lakeland Financial Corp. : August 10, 2016 (NASDAQ:LKFN)
www.capitalcube.com - August 10 at 6:19 PM |
 | Avalon Holdings (AWX), Pacific Drilling (PACD), Stone Energy (SGY) Active Stocks Rising (NASDAQ:LKFN)
www.fxpips.com - August 9 at 9:00 AM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : August 9, 2016 (NASDAQ:LKFN)
www.capitalcube.com - August 9 at 9:00 AM |
 | Splits Calendar: Lakeland Financial splits before market open today (3:2 ratio) (NASDAQ:LKFN)
biz.yahoo.com - August 8 at 10:40 AM |
| Lakeland Financial Corp. :LKFN-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:LKFN)
www.capitalcube.com - July 26 at 10:26 AM |
| Lakeland Financial Hits Record Profit (NASDAQ:LKFN)
www.insideindianabusiness.com - July 26 at 9:00 AM |
| LAKELAND FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LKFN)
biz.yahoo.com - July 25 at 9:00 AM |
 | Lakeland Financial Reports Record Performance (NASDAQ:LKFN)
www.publicnow.com - July 25 at 8:18 AM |
| Lakeland Financial beats Street 2Q forecasts (NASDAQ:LKFN)
sg.finance.yahoo.com - July 25 at 8:06 AM |
| Lakeland Financial Corporation to Present at the Keefe, Bruyette & Woods 2016 Community Bank Investor Conference (NASDAQ:LKFN)
finance.yahoo.com - July 21 at 1:00 PM |
 | Lakeland Financial Corporation (LKFN) Ex-Dividend Date Scheduled for (NASDAQ:LKFN)
www.nasdaq.com - July 20 at 4:05 PM |
 | Ex-Dividend Reminder: Pembina Pipeline, Lakeland Financial and Kaiser Aluminum (NASDAQ:LKFN)
www.forbes.com - July 19 at 12:04 PM |
 | Lakeland Financial : Lake City Bank Parent Announces 14% Increase in Cash Dividend and Stock Split (NASDAQ:LKFN)
www.4-traders.com - July 15 at 10:10 AM |
| Lake City Bank Parent Announces 14% Increase in Cash Dividend and Stock Split (NASDAQ:LKFN)
finance.yahoo.com - July 13 at 6:21 PM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bullish Manner : LKFN-US : July 13, 2016 (NASDAQ:LKFN)
www.capitalcube.com - July 13 at 8:40 AM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : June 27, 2016 (NASDAQ:LKFN)
www.capitalcube.com - June 27 at 10:17 AM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : June 15, 2016 (NASDAQ:LKFN)
www.capitalcube.com - June 15 at 8:26 AM |
 | Lakeland Financial Corporation (LKFN) Trades at New 52-Week High (NASDAQ:LKFN)
www.fidaily.com - June 1 at 6:23 PM |
| Lake City Bank Continues Expansion in Indianapolis With New Office at 96th and Michigan Road (NASDAQ:LKFN)
finance.yahoo.com - February 17 at 11:00 AM |
 | Insider Trading Alert - LKFN, WBS And CVT Traded By Insiders (NASDAQ:LKFN)
www.thestreet.com - January 30 at 1:33 PM |
| Lakeland Financial Corp. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:LKFN)
www.capitalcube.com - January 26 at 11:56 AM |
| Lakeland Financial Touts Record Earnings (NASDAQ:LKFN)
www.insideindianabusiness.com - January 25 at 1:07 PM |
| Lakeland Financial posts 4Q profit (NASDAQ:LKFN)
sg.finance.yahoo.com - January 25 at 8:41 AM |
 | Lakeland Financial declares $0.245 dividend (NASDAQ:LKFN)
seekingalpha.com - January 25 at 8:32 AM |
| Lakeland Financial Reports Record Quarterly and Annual Net Income (NASDAQ:LKFN)
www.publicnow.com - January 25 at 8:27 AM |
| Q4 2015 Lakeland Financial Corp Earnings Release - Before Market Open (NASDAQ:LKFN)
biz.yahoo.com - January 25 at 7:07 AM |
| LAKELAND FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:LKFN)
biz.yahoo.com - January 12 at 4:01 PM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : January 1, 2016 (NASDAQ:LKFN)
www.capitalcube.com - January 1 at 8:11 AM |
| Lakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : December 21, 2015 (NASDAQ:LKFN)
www.capitalcube.com - December 21 at 9:09 AM |
| LAKELAND FINANCIAL CORP Financials (NASDAQ:LKFN)
finance.yahoo.com - December 8 at 1:17 PM |
| LAKELAND FINANCIAL CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:LKFN)
biz.yahoo.com - November 9 at 11:23 AM |
| LAKELAND FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E (NASDAQ:LKFN)
biz.yahoo.com - October 26 at 8:30 AM |
| Lakeland Financial posts 3Q profit (NASDAQ:LKFN)
sg.finance.yahoo.com - October 26 at 8:27 AM |
| Lakeland Financial Reports Strong Organic Loan and Deposit Growth (NASDAQ:LKFN)
finance.yahoo.com - October 26 at 8:00 AM |
| Q3 2015 Lakeland Financial Corp Earnings Release - Before Market Open (NASDAQ:LKFN)
biz.yahoo.com - October 26 at 7:07 AM |
| ETF’s with exposure to Lakeland Financial Corp. : September 24, 2015 (NASDAQ:LKFN)
www.capitalcube.com - September 24 at 12:44 PM |
Lakeland Financial Corp. (NASDAQ:LKFN) Chart for Monday, September, 26, 2016
