Is Lakeland Financial (LKFN) overvalued or fairly valued?

MarketChacha shows Lakeland Financial's valuation in context — a trailing P/E of about 14.0, a forward P/E of about 13.6, a price-to-book of about 2.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Lakeland Financial's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.14×) from reported figures — education, not a rating.

What is the share price of Lakeland Financial (LKFN)?

Lakeland Financial last traded at $61.03 (-1.1% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Lakeland Financial

LKFN · NYSE · Financials · United States

Snapshot

TickerLKFN

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees695

HeadquartersWarsaw, United States

Websitewww.lakecitybank.com

Filings tracked22

About Lakeland Financial

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. It also offers loan products, including commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. In addition, the company provides retail and merchant credit card services; corporate treasury management services, private banking, and wealth advisory; retail brokerage services comprising financial and investment products, annuities, and life insurance; and trust and fiduciary services, and estate and financial planning consulting services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

Who owns it

Insiders2.8%
Institutions86.0%
Public & other11.2%

340 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.14.64%
Neuberger Berman Group, LLC8.71%
State Street Corporation5.75%
Vanguard Capital Management LLC4.42%
Charles Schwab Investment Management, Inc.3.50%
Dimensional Fund Advisors LP2.70%
Geode Capital Management, LLC2.56%
Silvercrest Asset Management Group, LLC2.56%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.14×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $74.3M · EPS 1.13

Est. earnings growth -2.8%

Next fiscal year

Rev $305.1M · EPS 4.50

Est. earnings growth +2.7%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

13.6%

Profit CAGR (2y)

+5.0%

EPS (FY2025)

4.01

Net profit (FY2025)

$103.4M

Ask MarketChacha about LKFN

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$103.4M	4.01	13.6%
FY2024	$93.5M	3.63	13.7%
FY2023	$93.8M	3.65	14.4%

Quarterly

Period	Net profit	EPS
2026Q2	$28.4M	1.13
2026Q1	$26.5M	1.04
2025Q4	$29.9M	1.16
2025Q3	$26.4M	1.03
2025Q2	$27.0M	1.04
2025Q1	$20.1M	0.78
2024Q4	$24.2M	0.94
2024Q3	$23.3M	0.91
2024Q2	$22.5M	0.87
2024Q1	$23.4M	0.91
2023Q4	$29.6M	1.16
2023Q3	$25.3M	0.98
2023Q2	$14.6M	0.57

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/5/2026
8-K — Results of operations, Exhibits
SEC7/27/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/27/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/14/2026material
10-Q filing
SEC4/29/2026
8-K — Results of operations, Exhibits
SEC4/27/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/27/2026material
8-K — Shareholder vote results, Exhibits
SEC4/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/14/2026material
8-K — Other events, Exhibits
SEC3/6/2026material
10-K filing
SEC2/25/2026
8-K — Results of operations, Exhibits
SEC1/26/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/26/2026material
8-K — Executive/director change, Exhibits
SEC1/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/13/2026material

2025

10-Q filing
SEC10/29/2025
8-K — Results of operations, Exhibits
SEC10/27/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/27/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/14/2025material
10-Q filing
SEC8/6/2025
8-K — Results of operations, Exhibits
SEC7/25/2025material
8-K — Reg FD disclosure, Exhibits
SEC7/25/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.