Lakeland Financial Corporation

$ 59.86 -0.38 %

Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions. The company manages various deposit accounts, including non-interest-bearing and interest-bearing checking, savings, money market, NOW, and demand deposits. Its lending portfolio is diverse, providing commercial and industrial loans, financing for commercial real estate and multi-family residences, agri-business and agricultural loans, and a variety of consumer loans, such as 1-4 family mortgages. Beyond traditional banking, Lakeland Financial offers retail and merchant credit card services, advanced corporate treasury management, wealth advisory, and trust administration. It also facilitates retail brokerage, featuring investment vehicles like annuities and life insurance, and supports clients with mobile business banking and online treasury management platforms. The firm caters to a wide range of sectors, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, hospitality, and healthcare industries. Established in 1872, Lakeland Financial Corporation is headquartered in Warsaw, Indiana. As of December 31, 2021, it operated an extensive network of 51 branches across fifteen counties, with 45 located in northern Indiana and six in central Indiana.

CEO: David Findlay - https://www.lakecitybank.com

Price objectif

$66 10.26 %

Recommandation

Hold

DCF

$ 63.20

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LKFN vs S&P500

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Quick ratio

1.88

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

14.02

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

4.27

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

14.79 %

reflects reasonable profitability, showing good use of equity.

ROIC

1.55 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

14.19

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.10

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

4.21

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

47.18 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
0.43 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
1.30 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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