Lakeland Financial (LKFN) Income Statement: Revenue & Earnings

Lakeland Financial Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Lakeland Financial Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	257.19	253.52	241.04	244.75	222.81	195.08	200.04	191.57
Cost of Revenue	164.52	193.23	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	257.19	236.77	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	74.49	70.19	62.51	58.53	60.12	49.41	48.74	64.10
Operating Expenses	131.61	125.08	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	125.58	111.69	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense
Interest Income	373.74	373.16	343.27	239.57	193.22	193.10	215.21	198.97
Interest Expense	152.72	176.48	146.23	36.68	15.13	30.10	60.16	47.70
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	125.58	111.69	110.33	125.16	117.44	103.88	107.39	98.94
Income Tax Expense	22.22	18.21	16.57	21.35	21.71	19.54	20.34	18.53
Net Income	103.36	93.48	93.77	103.82	95.73	84.34	87.05	80.41
Net Income - Continuous Operations	103.36	93.48	93.77	103.82	95.73	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	130.37	117.64	0.00	0.00	0.00	0.00	0.00	0.00
EBIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	4.79	5.95	6.17	6.78	8.39	0.00	0.00	0.00
Earnings Per Share
Basic EPS	4.00	4.00	4.00	4.00	4.00	3.00	3.00	3.00
Diluted EPS	4.00	4.00	4.00	4.00	4.00	3.00	3.00	3.00
Basic Shares Outstanding	25.69	25.68	25.60	25.53	25.48	25.47	25.59	25.29
Diluted Shares Outstanding	25.80	25.77	25.72	25.71	25.62	25.57	25.76	25.73