LKFN Lakeland Financial Dashboard

Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services. It offers commercial and consumer banking, trust and wealth management, brokerage, and treasury management commercial services. The company was founded on February 8, 1983 and is headquartered in Warsaw, IN.

Company profile

Ticker

LKFN

Exchange

NASDAQ

Website

www.lakecitybank.com

CEO

David M. Findlay

Incorporated

Indiana

Location

Indiana

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • M & T Bank • Popular • Ally Financial • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000721994

Corporate docs

Articles of Incorporation & Bylaws

IRS number

351559596

LKFN stock data

S&P 500

1M 1Y 2Y 5Y

News

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Lakeland Financial Q1 EPS $0.90 Beats $0.88 Estimate, Sales $56.24M Miss $56.67M Estimate

26 Apr 21

Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $0.90 per share which beat the analyst consensus estimate of $0.88 by 2.27 percent. This is a 34.33 percent increase over earnings of $0.67 per share from

Recap: Lakeland Financial Q1 Earnings

26 Apr 21

Shares of Lakeland Financial (NASDAQ:LKFN) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 34.33% over the past year to $0.90, which beat the estimate of $0.88.

Press releases

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Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 10th Consecutive Year

4 May 21

WARSAW, Ind., May 04, 2021 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank was included in the 2021 KBW Bank

Lakeland Financial Reports Record First Quarter 2021 Performance

26 Apr 21

WARSAW, Ind., April 26, 2021 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record quarterly net income of $23.0 million for the three

Calendar

30 Apr 21

14 Jun 21

31 Dec 21

Financial summary

Financial statements Chart LKFN financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

LKFN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 May 21	Augsburger Blake	Phantom Stock Common Stock	Grant	Aquire A	No	No	66	67	4.42K	13,123
5 May 21	Christian Darrianne P	Phantom Stock Common Stock	Grant	Aquire A	No	No	66	8	528	1,611
5 May 21	Evans Daniel F	Phantom Stock Common Stock	Grant	Aquire A	No	No	66	87	5.74K	16,896
5 May 21	Pichon Emily E	Phantom Stock Common Stock	Grant	Aquire A	No	No	66	5	330	824
5 May 21	Smith Brian J	Common Stock	Other	Aquire J	No	No	66.2423	130	8.61K	25,585
5 May 21	Smith Brian J	Phantom Stock Common Stock	Grant	Aquire A	No	No	66	81	5.35K	15,701

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

LKFN institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

79.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	159	143	+11.2%
Opened positions	24	20	+20.0%
Closed positions	8	15	-46.7%
Increased positions	47	48	-2.1%
Reduced positions	64	54	+18.5%

13F shares	Current	Prev Q	Change
Total value	8.42B	1.08B	+681.4%
Total shares	20.06M	20.1M	-0.2%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	1.94M	$134.26M	+5.5%
ATAC Neuberger Berman	1.6M	$110.5M	+71.8%
Victory Capital Management	1.28M	$88.51M	-3.3%
Vanguard	1.24M	$85.56M	+1.5%
Franklin Mutual Advisers	1.16M	$61.94M	0.0%
SAMG Silvercrest Asset Management	1.08M	$74.77M	-11.2%
GS Goldman Sachs	992.84K	$68.69M	-5.7%
Dimensional Fund Advisors	856.57K	$59.34M	-6.5%
AMP Ameriprise Financial	840.18K	$58.13M	+13.2%
BEN Franklin Resources	793.31K	$54.89M	-31.4%

Largest transactions	Shares	Bought/sold	Change
ATAC Neuberger Berman	1.6M	+667.27K	+71.8%
BEN Franklin Resources	793.31K	-362.7K	-31.4%
Charles Schwab Investment Management	172.25K	-210.12K	-55.0%
NTRS Northern Trust	452.7K	-189.4K	-29.5%
SAMG Silvercrest Asset Management	1.08M	-136.33K	-11.2%
Fuller & Thaler Asset Management	100.43K	-115.47K	-53.5%
BLK Blackrock	1.94M	+101.56K	+5.5%
AMP Ameriprise Financial	840.18K	+97.92K	+13.2%
STT State Street	672.25K	+95.12K	+16.5%
Renaissance Technologies	69.6K	-63.8K	-47.8%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

A reconciliation of non-GAAP measures is provided below (in thousands, except for per share data).

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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Removed: aforementioned, Aid, announced, ascertain, assessing, assigned, authorization, backed, began, building, calculate, cap, capitalizing, clearing, closed, Cloud, communicate, computed, Computing, contact, declaration, depend, description, disclose, disease, distributed, drawn, drew, earn, element, eliminate, emergency, evaluate, evolving, expired, fallback, forced, generated, half, hierarchy, hold, hosting, impaired, insufficient, intensity, interagency, investee, IRS, landscape, lapse, larger, license, manner, matured, maturing, mobile, narrative, newly, obtain, operate, operational, outbreak, outlook, pay, perform, point, Prime, prolonged, protracted, publicly, qualitative, quantify, rapidly, redemption, remaining, renew, retroactive, retrospectively, software, split, spread, subjectivity, suspend, temporarily, terminated, test, transferred, unable, unit, unwilling, whichever, working, worldwide, worsen

From filing 10-Q 2021 Q1