LAKELAND FINANCIAL CORP (LKFN)
Financials · Community Banking · NASDAQ
Community bank holding company serving Northern and Central Indiana with $7 billion in assets and organic growth strategy across commercial, consumer, and wealth management services.
What LAKELAND FINANCIAL CORP does
Lakeland Financial Corporation is a bank holding company headquartered in Warsaw, Indiana that owns and operates Lake City Bank, a full-service community bank with 55 offices across 15 Indiana counties. The company provides commercial and consumer banking services, trust and wealth management, brokerage services, and treasury management to a diverse customer base across multiple industries. The bank has grown exclusively through organic expansion and relationship-focused, in-person service rather than acquisitions, with assets of $7.0 billion as of December 31, 2025.
Themes: ["Community banking","Indiana regional banking","Commercial lending","Wealth management","Organic growth strategy"]
Fundamentals
- Price$59.85 as of 2026-07-09 close
- Market cap$1.5B as of 2026-07-10
- 1-year return-9.4% as of 2026-07-09 close
- P/E13.47 as of 2026-07-10
- Net margin+36.3% as of 2026-07-10
- ROE+14.8% as of 2026-07-10
- Debt / equity0.02 as of 2026-07-10
- Revenue growth (YoY)+54.2% as of 2026-07-10
- Beta0.73 as of 2026-07-10
Dividend: yield +3.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regional concentration risk with substantially all operations in Indiana markets, limiting geographic diversification","Interest rate sensitivity affecting net interest margin, as evidenced by interest expense management during rate fluctuations","Regulatory and compliance risks inherent to bank holding company operations, including dividend restrictions and capital requirements"]
Competitors & peers
- Old National Bancorp (OLDE)
- First Financial Bancorp (FFIN)
- Horizon Bancorp
- MainSource Financial Group
- Duke Realty Financial Services
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.