Lakeland Financial (LKFN)
Runs Lake City Bank's commercial, retail, wealth, and treasury services across Indiana.
$59.25
After-hours close−0.02 (−0.03%)
At close$59.27(−1.10%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 99 | 108 | 104 | 114 | 107 | 105 | 101 | 106 | 108 | 107 | 105 | 108 |
| Cost of revenue | 41 | 43 | 45 | 54 | 49 | 45 | 44 | 43 | 41 | 37 | 37 | 39 |
| Gross profit | 59 | 66 | 59 | 60 | 58 | 60 | 57 | 63 | 67 | 70 | 68 | 69 |
| 29 | 29 | 31 | 33 | 30 | 31 | 33 | 30 | 35 | 33 | 35 | 34 | |
| 17 | 17 | 18 | 17 | 17 | 18 | 19 | 15 | 21 | 20 | 30 | 29 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| General & administrative | 17 | 17 | 18 | 17 | 17 | 18 | 19 | 15 | 21 | 20 | 28 | 28 |
| Other expenses | 12 | 13 | 13 | 16 | 13 | 12 | 14 | 16 | 14 | 14 | 6 | 5 |
| Operating income | 30 | 36 | 28 | 27 | 28 | 29 | 24 | 33 | 32 | 36 | 33 | 35 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 89 | 91 | 91 | 94 | 95 | 93 | 90 | 94 | 95 | 94 | 92 | 95 |
| Interest expense | 40 | 42 | 44 | 45 | 46 | 42 | 38 | 40 | 39 | 37 | 35 | 37 |
| Income before tax | 30 | 36 | 28 | 27 | 28 | 29 | 24 | 33 | 32 | 36 | 33 | 35 |
| Income tax expense | 4 | 6 | 4 | 4 | 4 | 5 | 4 | 6 | 6 | 6 | 6 | 6 |
| Net income from continuing operations | 25 | 30 | 23 | 23 | 23 | 24 | 20 | 27 | 26 | 30 | 26 | 28 |
| Net income | 25 | 30 | 23 | 23 | 23 | 24 | 20 | 27 | 26 | 30 | 26 | 28 |
| EPS, basic | $0.99 | $1.16 | $0.91 | $0.88 | $0.91 | $0.94 | $0.78 | $1.05 | $1.03 | $1.17 | $1.04 | $1.14 |
| EPS, diluted | $0.98 | $1.15 | $0.91 | $0.87 | $0.91 | $0.94 | $0.78 | $1.04 | $1.03 | $1.16 | $1.04 | $1.13 |
| Weighted average shares, basic | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 25 | 25 |
| Weighted average shares, diluted | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 25 | 25 |
| EBITDA | 31 | 37 | 29 | 29 | 29 | 30 | 26 | 35 | 34 | 38 | 34 | 35 |
| Depreciation & amortization | 2 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 1 | 2 | 0 |
| EBIT | 30 | 36 | 28 | 27 | 28 | 29 | 24 | 33 | 32 | 36 | 33 | 35 |
