LKFN Stock Analysis: Lakeland Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 1.484m USD | 12M Return: -4.5% | US5116561003 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.4M
EPS Trend: 83.3%
Qual. Beats: 0
Rev. Trend: 66.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lakeland Financial Corporation (NASDAQ: LKFN) is the bank holding company for Lake City Bank, a Warsaw, Indiana-based institution founded in 1872 that delivers a full range of banking products and services across the United States. The company accepts a diverse set of deposit products-including noninterest bearing and interest-bearing checking, savings, money market, NOW, and demand deposits-and originates loans spanning commercial and industrial, commercial real estate, multi-family residential, construction, agricultural, consumer 1-4 family mortgage, and other commercial and consumer categories.
Beyond core banking, Lakeland Financial provides retail and merchant credit card services, corporate treasury management, private banking, wealth advisory, retail brokerage (including annuities and life insurance), and trust, fiduciary, and estate planning services. Its client base covers a broad set of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. Classified within the GICS Regional Banks sub-industry, LKFN operates as a small-cap, community-oriented institution with a long-standing regional banking model, differentiated from larger money-center and diversified banks by its focus on relationship-driven local and small-business lending in the Midwest.
- Net interest margin compresses as deposit costs outpace asset yields
- Commercial real estate loan portfolio faces regional bank stress concerns
- Agricultural lending demand strengthens across Indiana core markets
| Net Income: 111.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.20 > 1.0 |
| NWC/Revenue: 6.39% < 20% (prev -1.29k%; Δ 1.30k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 128.8m > Net Income 111.2m |
| Net Debt (2.24m) to EBITDA (141.9m): 0.02 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (25.2m) vs 12m ago -2.14% < -2% |
| Gross Margin: 64.08% > 18% (prev 56.83%; Δ 7.25% > 0.5%) |
| Asset Turnover: 6.01% > 50% (prev 6.02%; Δ -0.01% > 0%) |
| Interest Coverage Ratio: 0.92 > 6 (EBIT TTM 135.8m / Interest Expense TTM 147.7m) |
| A: 0.00 (Total Current Assets 97.3m - Total Current Liabilities 70.0m) / Total Assets 7.24b |
| B: 0.11 (Retained Earnings 817.0m / Total Assets 7.24b) |
| C: 0.02 (EBIT TTM 135.8m / Avg Total Assets 7.10b) |
| D: 0.12 (Book Value of Equity 773.3m / Total Liabilities 6.47b) |
| Altman-Z'' = 0.65 = B |
| DSRI: 1.00 (Receivables 29.5m/29.1m, Revenue 427.1m/419.4m) |
| GMI: 0.89 (GM 56.83% / 64.08%) |
| AQI: 1.11 (AQ_t 0.98 / AQ_t-1 0.88) |
| SGI: 1.02 (Revenue 427.1m / 419.4m) |
| TATA: -0.00 (NI 111.2m - CFO 128.8m) / TA 7.24b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 59.51 with a total of 192,452 shares traded. Over the past week, the price has changed by -0.32%, over one month by -0.10%, over three months by -2.63% and over the past year by -4.45%.
Current recommended Stop Loss: 57.60 (which is 3.2% or 1.7 ATR below the current price).
Lakeland Financial has received a consensus analysts rating of 3.60. Therefore, it is recommended to hold LKFN.
- StrongBuy: 1
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 66.5 | 11.7% |
P/E Trailing = 13.6927
P/E Forward = 20.0803
P/S = 5.4222
P/B = 1.9183
P/EG = 1.4383
Revenue TTM = 427.1m USD
EBIT TTM = 135.8m USD
EBITDA TTM = 141.9m USD
Long Term Debt = 1.20m USD (from longTermDebt, last quarter)
Short Term Debt = 70.0m USD (from shortTermDebt, last quarter)
Debt = 70.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.24m USD (calculated: Debt 70.0m - CCE 67.8m)
Enterprise Value = 1.49b USD (1.48b + Debt 70.0m - CCE 67.8m)
Interest Coverage Ratio = 0.92 (Ebit TTM 135.8m / Interest Expense TTM 147.7m)
EV/FCF = 13.31x (Enterprise Value 1.49b / FCF TTM 111.7m)
FCF Yield = 7.51% (FCF TTM 111.7m / Enterprise Value 1.49b)
FCF Margin = 26.14% (FCF TTM 111.7m / Revenue TTM 427.1m)
Net Margin = 26.04% (Net Income TTM 111.2m / Revenue TTM 427.1m)
Gross Margin = 64.08% ((Revenue TTM 427.1m - Cost of Revenue TTM 153.4m) / Revenue TTM)
Gross Margin QoQ = 64.21% (prev 64.53%)
Tobins Q-Ratio = 0.21 (Enterprise Value 1.49b / Total Assets 7.24b)
Interest Expense / Debt = 211.0% (Interest Expense 147.7m / Debt 70.0m)
Taxrate = 18.02% (24.4m / 135.7m)
NOPAT = 111.4m (EBIT 135.8m * (1 - 18.02%))
Current Ratio = 1.39 (Total Current Assets 97.3m / Total Current Liabilities 70.0m)
Debt / Equity = 0.09 (Debt 70.0m / totalStockholderEquity, last quarter 773.3m)
Debt / EBITDA = 0.02 (Net Debt 2.24m / EBITDA 141.9m)
Debt / FCF = 0.02 (Net Debt 2.24m / FCF TTM 111.7m)
Total Stockholder Equity = 758.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.57% (Net Income 111.2m / Total Assets 7.24b)
RoE = 14.67% (Net Income TTM 111.2m / Total Stockholder Equity 758.0m)
RoCE = 17.89% (EBIT 135.8m / Capital Employed (Equity 758.0m + L.T.Debt 1.20m))
RoIC = 1.54% (NOPAT 111.4m / Invested Capital 7.22b)
WACC = 7.31% (E(1.48b)/V(1.55b) * Re(7.65%) + (debt cost/tax rate unavailable))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.80 | Cagr: -0.90%
[DCF] Terminal Value 77.97% ; FCFF base≈104.3m ; Y1≈119.5m ; Y5≈175.9m
[DCF] Fair Price = 106.4 (EV 2.65b - Net Debt 2.24m = Equity 2.65b / Shares 24.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 83.28 | EPS CAGR: 8.46% | SUE: 0.77 | # QB: 0
Revenue Correlation: 66.12 | Revenue CAGR: 2.93% | SUE: 0.61 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.09 | Chg30d=+0.00% | Revisions=-17% | Analysts=5
EPS current Year (2026-12-31): EPS=4.38 | Chg30d=+1.38% | Revisions=+50% | GrowthEPS=+9.3% | GrowthRev=+6.4%
EPS next Year (2027-12-31): EPS=4.51 | Chg30d=+0.46% | Revisions=-17% | GrowthEPS=+2.9% | GrowthRev=+5.0%
[Analyst] Revisions Ratio: +8% (up=5, down=4)