Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone574-267-6144
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$239.08 million
Profitability
Miscellaneous
Employees556
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions
What is Lakeland Financial's stock symbol?
Lakeland Financial trades on the NASDAQ under the ticker symbol "LKFN."
How often does Lakeland Financial pay dividends? What is the dividend yield for Lakeland Financial?
Lakeland Financial announced a quarterly dividend on Tuesday, July 9th. Investors of record on Thursday, July 25th will be given a dividend of $0.30 per share on Monday, August 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Wednesday, July 24th. View Lakeland Financial's Dividend History.
How were Lakeland Financial's earnings last quarter?
Lakeland Financial Co. (NASDAQ:LKFN) issued its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.04. The financial services provider earned $50 million during the quarter, compared to analysts' expectations of $49.78 million. Lakeland Financial had a net margin of 33.35% and a return on equity of 16.03%. View Lakeland Financial's Earnings History.
When is Lakeland Financial's next earnings date?
What is the consensus analysts' recommendation for Lakeland Financial?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lakeland Financial.
Has Lakeland Financial been receiving favorable news coverage?
Media headlines about LKFN stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lakeland Financial earned a news impact score of 0.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Lakeland Financial.
Are investors shorting Lakeland Financial?
Lakeland Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,180,200 shares, an increase of 9.1% from the July 31st total of 1,998,600 shares. Based on an average daily volume of 74,700 shares, the short-interest ratio is presently 29.2 days. Currently, 8.9% of the company's shares are sold short. View Lakeland Financial's Current Options Chain.
Who are some of Lakeland Financial's key competitors?
Some companies that are related to Lakeland Financial include First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Bank Ozk (OZK), First Hawaiian (FHB), Glacier Bancorp (GBCI), Bank of Hawaii (BOH), Associated Banc (ASB), Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI) and Cathay General Bancorp (CATY).
What other stocks do shareholders of Lakeland Financial own?
Who are Lakeland Financial's key executives?
Lakeland Financial's management team includes the folowing people:
- Mr. David M. Findlay, Pres, CEO & Director (Age 57)
- Ms. Lisa M. O'Neill, Exec. VP & CFO (Age 51)
- Ms. Kristin L. Pruitt, Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 47)
- Mr. Kevin L. Deardorff, Exec. VP & Head of Retail Banking (Age 57)
- Mr. Eric H. Ottinger, Exec. VP & Head of Commercial Banking (Age 49)
Who are Lakeland Financial's major shareholders?
Lakeland Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.19%), Vanguard Group Inc. (4.66%), Victory Capital Management Inc. (3.99%), Vaughan Nelson Investment Management L.P. (2.89%), Northern Trust Corp (2.69%) and BTIM Corp. (1.43%). Company insiders that own Lakeland Financial stock include Batty Jill A De, Brian J Smith, Emily E Pichon, Eric H Ottinger, Jonathan P Steiner, Kevin L Deardorff, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, Steven D Ross and Thomas Hiatt. View Institutional Ownership Trends for Lakeland Financial.
Which major investors are selling Lakeland Financial stock?
LKFN stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Invesco Ltd., Systematic Financial Management LP, Bank of New York Mellon Corp, BTIM Corp., John W. Rosenthal Capital Management Inc. and Wedge Capital Management L L P NC. Company insiders that have sold Lakeland Financial company stock in the last year include Batty Jill A De, Emily E Pichon, Eric H Ottinger, Jonathan P Steiner, Kristin Pruitt, Michael E Gavin and Michael L Kubacki. View Insider Buying and Selling for Lakeland Financial.
Which major investors are buying Lakeland Financial stock?
LKFN stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Nuveen Asset Management LLC, Russell Investments Group Ltd., Victory Capital Management Inc., Skandinaviska Enskilda Banken AB publ, Acadian Asset Management LLC, Renaissance Technologies LLC and BlackRock Inc.. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Kevin L Deardorff, Lisa M O'neill, M Scott Welch and Thomas Hiatt. View Insider Buying and Selling for Lakeland Financial.
How do I buy shares of Lakeland Financial?
Shares of LKFN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Lakeland Financial's stock price today?
One share of LKFN stock can currently be purchased for approximately $45.90.
How big of a company is Lakeland Financial?
Lakeland Financial has a market capitalization of $1.18 billion and generates $239.08 million in revenue each year. The financial services provider earns $80.41 million in net income (profit) each year or $3.13 on an earnings per share basis. Lakeland Financial employs 556 workers across the globe.View Additional Information About Lakeland Financial.
What is Lakeland Financial's official website?
How can I contact Lakeland Financial?
Lakeland Financial's mailing address is 202 E CENTER ST, WARSAW IN, 46580. The financial services provider can be reached via phone at 574-267-6144 or via email at [email protected]
MarketBeat Community Rating for Lakeland Financial (NASDAQ LKFN)
MarketBeat's community ratings are surveys of what our community members think about Lakeland Financial and other stocks. Vote "Outperform" if you believe LKFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LKFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
