LKFN Stock Analysis: Lakeland Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 1.522m USD | 12M Return: -3.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.9M
EPS Trend: 68.2%
Qual. Beats: 0
Rev. Trend: 66.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 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 0.16 > 1.0 |
| NWC/Revenue: 4.79% < 20% (prev -1.29k%; Δ 1.29k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 120.6m > Net Income 111.2m |
| Net Debt (-20.5m) to EBITDA (140.6m): -0.15 < 3 |
| Current Ratio: 1.43 > 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: 6.19% > 50% (prev 6.02%; Δ 0.17% > 0%) |
| Interest Coverage Ratio: 0.92 > 6 (EBIT TTM 135.8m / Interest Expense TTM 147.7m) |
| A: 0.00 (Total Current Assets 67.8m - Total Current Liabilities 47.3m) / Total Assets 6.83b |
| B: 0.12 (Retained Earnings 788.3m / Total Assets 6.83b) |
| C: 0.02 (EBIT TTM 135.8m / Avg Total Assets 6.90b) |
| D: 0.40 (Book Value of Equity 2.06b / Total Liabilities 5.13b) |
| Altman-Z'' = 0.95 = BB |
As of July 28, 2026, the stock is trading at USD 63.35 with a total of 191,691 shares traded. Over the past week, the price has changed by +3.00%, over one month by +4.66%, over three months by +3.81% and over the past year by -3.35%.
Current recommended Stop Loss: 61.50 (which is 2.9% or 1.3 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 | 65 | 2.6% |
P/E Trailing = 14.3115
P/E Forward = 20.0803
P/S = 5.6832
P/B = 2.0293
P/EG = 1.4383
Revenue TTM = 427.1m USD
EBIT TTM = 135.8m USD
EBITDA TTM = 140.6m USD
Long Term Debt = 14.2m USD (from longTermDebt, last fiscal year)
Short Term Debt = 47.3m USD (from shortTermDebt, last quarter)
Debt = 47.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -20.5m USD (calculated: Debt 47.3m - CCE 67.8m)
Enterprise Value = 1.50b USD (1.52b + Debt 47.3m - CCE 67.8m)
Interest Coverage Ratio = 0.92 (Ebit TTM 135.8m / Interest Expense TTM 147.7m)
EV/FCF = 14.09x (Enterprise Value 1.50b / FCF TTM 106.6m)
FCF Yield = 7.10% (FCF TTM 106.6m / Enterprise Value 1.50b)
FCF Margin = 24.95% (FCF TTM 106.6m / 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 = 0.22 (Enterprise Value 1.50b / Total Assets 6.83b)
Interest Expense / Debt = 312.3% (Interest Expense 147.7m / Debt 47.3m)
Taxrate = 18.02% (24.4m / 135.7m)
NOPAT = 111.4m (EBIT 135.8m * (1 - 18.02%))
Current Ratio = 1.43 (Total Current Assets 67.8m / Total Current Liabilities 47.3m)
Debt / Equity = 0.02 (Debt 47.3m / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = -0.15 (Net Debt -20.5m / EBITDA 140.6m)
Debt / FCF = -0.19 (Net Debt -20.5m / FCF TTM 106.6m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.61% (Net Income 111.2m / Total Assets 6.83b)
RoE = 10.31% (Net Income TTM 111.2m / Total Stockholder Equity 1.08b)
RoCE = 12.43% (EBIT 135.8m / Capital Employed (Equity 1.08b + L.T.Debt 14.2m))
RoIC = 1.64% (NOPAT 111.4m / Invested Capital 6.81b)
WACC = 7.88% (E(1.52b)/V(1.57b) * Re(8.12%) + (debt cost/tax rate unavailable))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.80 | Cagr: -0.90%
[DCF] Terminal Value 76.55% ; FCFF base≈103.0m ; Y1≈111.2m ; Y5≈136.1m
[DCF] Fair Price = 84.55 (EV 2.09b - Net Debt -20.5m = Equity 2.11b / Shares 24.9m; r=8.35% [WACC [floored]]; 5y FCF grow 9.05% → 2.50% )
EPS Correlation: 68.16 | EPS CAGR: 5.46% | SUE: 0.39 | # QB: 0
Revenue Correlation: 66.12 | Revenue CAGR: 2.93% | SUE: 0.61 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.07 | Chg30d=-1.15% | Revisions=-17% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.09 | Chg30d=-0.46% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=4.32 | Chg30d=-0.46% | Revisions=+17% | GrowthEPS=+7.8% | GrowthRev=+6.6%
EPS next Year (2027-12-31): EPS=4.49 | Chg30d=-0.83% | Revisions=-17% | GrowthEPS=+3.8% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: -21% (up=4, down=7)