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Lakeland Financial (LKFN)

(Delayed Data from NSDQ)

$62.64 USD

62.64
126,967

-0.26 (-0.41%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $62.62 -0.02 (-0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth B Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 40% (150 out of 252)

Industry: Banks - Midwest

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Better trading starts here.

Balance Sheet

Research for LKFN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Lakeland Financial Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 152 130 683 250 99
Receivables 4,875 4,666 4,238 4,607 4,031
Notes Receivable 0 0 0 0 0
Inventories 1 0 7 11 5
Other Current Assets 0 0 0 0 0
Total Current Assets 5,028 4,796 4,928 4,868 4,134
Net Property & Equipment 58 58 59 59 60
Investments & Advances 1,203 1,330 1,412 749 622
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 5 5 5 5 5
Deposits & Other Assets 231 243 152 150 125
Total Assets 6,524 6,432 6,557 5,830 4,947
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 22 0 0 0
Accounts Payable 5,721 5,461 5,735 5,037 4,134
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 21 3 3 6 12
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 5,741 5,486 5,738 5,043 4,145
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 50 275 75 86 170
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 83 103 39 45 33
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,874 5,863 5,852 5,173 4,349
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 128 127 121 115 115
Capital Surplus 0 0 0 0 0
Retained Earnings 693 646 583 529 475
Other Equity -155 -189 16 28 12
Treasury Stock 16 15 15 15 4
Total Shareholder's Equity 650 569 705 657 598
Total Liabilities & Shareholder's Equity 6,524 6,432 6,557 5,830 4,947
Total Common Equity 650 569 705 657 598
Shares Outstanding 25.40 25.30 25.30 25.70 25.60
Book Value Per Share 25.58 22.49 27.86 25.57 23.36

Fiscal Year End for Lakeland Financial Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 152 146 173 154
Receivables NA 4,875 4,828 4,818 4,711
Notes Receivable NA 0 0 0 0
Inventories NA 1 1 1 1
Other Current Assets NA 0 0 0 0
Total Current Assets NA 5,028 4,975 4,992 4,865
Net Property & Equipment NA 58 59 59 59
Investments & Advances NA 1,203 1,126 1,213 1,253
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 5 5 5 5
Deposits & Other Assets NA 231 262 241 231
Total Assets NA 6,524 6,427 6,510 6,412
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 5,721 5,657 5,423 5,518
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 21 16 10 5
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 5,741 5,673 5,433 5,523
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 50 90 400 200
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 106 85 86
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,874 5,870 5,918 5,810
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 128 126 123 126
Capital Surplus NA 0 0 0 0
Retained Earnings NA 693 675 661 659
Other Equity NA -155 -228 -178 -167
Treasury Stock NA 16 15 15 15
Total Shareholder's Equity NA 650 557 592 602
Total Liabilities & Shareholder's Equity NA 6,524 6,427 6,510 6,412
Total Common Equity 0 650 557 592 602
Shares Outstanding 25.90 25.40 25.40 25.40 25.40
Book Value Per Share 0.00 25.58 21.94 23.31 23.70