LKFN icon

Lakeland Financial Corp

66.93 USD
+0.74
1.12%
Updated Jul 30, 1:23 PM EDT
1 day
1.12%
5 days
3.61%
1 month
8.92%
3 months
20.23%
6 months
-1.82%
Year to date
-0.53%
1 year
-2.58%
5 years
49.20%
10 years
136.33%
 

About: Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory, and investment management services. It offers a broad line of products and services throughout its Northern and Central Indiana markets. The company provides commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare.

Employees: 683

0
Funds holding %
of 7,323 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 23

6% more funds holding

Funds holding: 231 [Q4 2024] → 244 (+13) [Q1 2025]

3% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 79

2.48% less ownership

Funds ownership: 84.81% [Q4 2024] → 82.33% (-2.48%) [Q1 2025]

14% less capital invested

Capital invested by funds: $1.49B [Q4 2024] → $1.27B (-$214M) [Q1 2025]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 0 (-2) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$68
2%
upside
Avg. target
$68
2%
upside
High target
$68
2%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Damon Delmonte
2%upside
$68
Market Perform
Reiterated
28 Jul 2025

Financial journalist opinion

Based on 6 articles about LKFN published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Lakeland Financial (LKFN) Upgraded to Buy: Here's What You Should Know
Lakeland Financial (LKFN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Lakeland Financial (LKFN) Upgraded to Buy: Here's What You Should Know
Positive
Zacks Investment Research
5 days ago
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio
Positive
Zacks Investment Research
5 days ago
Lakeland Financial (LKFN) Q2 Earnings and Revenues Top Estimates
Lakeland Financial (LKFN) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.74 per share a year ago.
Lakeland Financial (LKFN) Q2 Earnings and Revenues Top Estimates
Neutral
GlobeNewsWire
5 days ago
Lakeland Financial Reports Record Second Quarter Performance; Net Income Grows by 20% to $27.0 Million, as Net Interest Income Expands by 14%
WARSAW, Ind., July 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $27.0 million for the three months ended June 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended June 30, 2024. Diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. On a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. Diluted earnings per share increased $0.26, or 33%, from $0.78 on a linked quarter basis.
Lakeland Financial Reports Record Second Quarter Performance; Net Income Grows by 20% to $27.0 Million, as Net Interest Income Expands by 14%
Neutral
GlobeNewsWire
6 days ago
David M. Findlay Named to Indianapolis Business Journal's Indiana 250 List for Fourth Consecutive Year
WARSAW, Ind., July 23, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is proud to announce that David M. Findlay, Chairman and Chief Executive Officer, has been named to the Indianapolis Business Journal's Indiana 250 list for the fourth consecutive year. The annual list recognizes the state's most influential and impactful leaders across business, philanthropy, the arts, government and not-for-profits.
David M. Findlay Named to Indianapolis Business Journal's Indiana 250 List for Fourth Consecutive Year
Positive
Zacks Investment Research
3 weeks ago
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy?
Positive
Zacks Investment Research
1 month ago
This is Why Lakeland Financial (LKFN) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
This is Why Lakeland Financial (LKFN) is a Great Dividend Stock
Neutral
GlobeNewsWire
1 month ago
Lake City Bank Welcomes Back Gregory C. Brown to Lead Newly Formed Commercial Elkhart Region
WARSAW, Ind., June 10, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to welcome back Gregory C. Brown as Senior Vice President, Commercial Elkhart Regional Manager. Brown will lead the newly formed Commercial Elkhart Region, serving commercial clients in Elkhart and surrounding communities. The new region was strategically created to better serve the growing business community in Elkhart.
Lake City Bank Welcomes Back Gregory C. Brown to Lead Newly Formed Commercial Elkhart Region
Positive
Zacks Investment Research
1 month ago
Lakeland Financial (LKFN) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial (LKFN) Could Be a Great Choice
Positive
Zacks Investment Research
2 months ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
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