
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Lakeland Financial Corporation (LKFN)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: LKFN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $66
1 Year Target Price $66
1 | Strong Buy |
1 | Buy |
3 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -1.56% | Avg. Invested days 43 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.57B USD | Price to earnings Ratio 17.56 | 1Y Target Price 66 |
Price to earnings Ratio 17.56 | 1Y Target Price 66 | ||
Volume (30-day avg) 5 | Beta 0.6 | 52 Weeks Range 50.00 - 77.31 | Updated Date 06/30/2025 |
52 Weeks Range 50.00 - 77.31 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 3.26% | Basic EPS (TTM) 3.5 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 38.16% | Operating Margin (TTM) 43.93% |
Management Effectiveness
Return on Assets (TTM) 1.34% | Return on Equity (TTM) 13.44% |
Valuation
Trailing PE 17.56 | Forward PE 20.08 | Enterprise Value 1450189696 | Price to Sales(TTM) 6.65 |
Enterprise Value 1450189696 | Price to Sales(TTM) 6.65 | ||
Enterprise Value to Revenue 6.51 | Enterprise Value to EBITDA - | Shares Outstanding 25556900 | Shares Floating 24749561 |
Shares Outstanding 25556900 | Shares Floating 24749561 | ||
Percent Insiders 2.68 | Percent Institutions 86.26 |
Analyst Ratings
Rating 3 | Target Price 66 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Lakeland Financial Corporation

Company Overview
History and Background
Lakeland Financial Corporation was founded in 1876 as the State Loan and Trust Company. Over time, it evolved into Lakeland Financial Corporation, operating primarily through its wholly-owned subsidiary, Lakeland Bank. It has grown through organic expansion and acquisitions, focusing on community banking in Northern and Central Indiana.
Core Business Areas
- Commercial Banking: Provides a range of commercial banking services, including commercial lending, treasury management, and deposit accounts to businesses of various sizes.
- Retail Banking: Offers retail banking services such as checking and savings accounts, mortgage lending, consumer loans, and wealth management to individuals and families.
- Trust and Wealth Management: Provides trust and wealth management services, including investment management, estate planning, and fiduciary services.
Leadership and Structure
The leadership team includes Lisa O'Neill as CEO and Kristina Scott as CFO. The organizational structure consists of various departments overseeing commercial banking, retail banking, trust and wealth management, and operations.
Top Products and Market Share
Key Offerings
- Commercial Loans: Commercial loans constitute a significant portion of Lakeland's loan portfolio. Market share data is difficult to pinpoint exactly in their geography, but they hold a meaningful local share. Competitors include larger regional banks and national banks with a presence in Indiana (e.g., First Merchants Corporation, JPMorgan Chase).
- Mortgage Lending: Mortgage lending is a key component of Lakeland's retail banking operations. The competitive landscape includes mortgage brokers, credit unions, and other banks (e.g., Ruoff Mortgage, Centier Bank).
- Wealth Management: Lakeland offers wealth management services with revenue from advisory and management fees. Competitors include national brokerage firms and independent RIAs (e.g., Edward Jones, Raymond James).
Market Dynamics
Industry Overview
The banking industry is currently facing a dynamic environment with rising interest rates, increasing competition from fintech companies, and evolving regulatory landscape. Consolidation continues to be a trend.
Positioning
Lakeland Financial Corporation is positioned as a community-focused bank with a strong presence in Northern and Central Indiana. Its competitive advantages include its local market knowledge, customer relationships, and conservative lending practices.
Total Addressable Market (TAM)
The TAM for banking services in Indiana is estimated to be in the billions of dollars. Lakeland is positioned to capture a portion of this TAM through its community-focused approach and strong local presence.
Upturn SWOT Analysis
Strengths
- Strong Local Market Presence
- Experienced Management Team
- Conservative Lending Practices
- Solid Capital Base
Weaknesses
- Geographic Concentration
- Limited Scale Compared to Larger Banks
- Dependence on Net Interest Income
- Lack of fintech innovation
Opportunities
- Expansion into New Markets within Indiana
- Increased Wealth Management Business
- Adoption of New Technologies
- Acquisitions of smaller banks or credit unions
Threats
- Rising Interest Rates
- Increased Competition from Larger Banks and Fintech Companies
- Economic Downturn
- Regulatory Changes
Competitors and Market Share
Key Competitors
- FMBH
- CFBK
- HBNC
Competitive Landscape
Lakeland Financial Corporation faces competition from larger regional banks and national banks, as well as smaller community banks and credit unions. Its advantages include its local market knowledge, customer relationships, and conservative lending practices. Its disadvantages include its limited scale compared to larger competitors.
Major Acquisitions
Cardinal Financial Services, Inc.
- Year: 2019
- Acquisition Price (USD millions): 143.1
- Strategic Rationale: Expanded Lakeland's presence in Central Indiana, complementing its existing footprint and providing opportunities for revenue synergies and cost savings.
Growth Trajectory and Initiatives
Historical Growth: Lakeland Financial Corporation has experienced steady growth over the past years, driven by organic expansion and acquisitions. This growth has been supported by its strong local market presence and conservative lending practices.
Future Projections: Future growth projections are dependent on economic conditions and company-specific initiatives. Analyst estimates suggest continued steady growth in the near term.
Recent Initiatives: Recent strategic initiatives include investments in technology, expansion of wealth management services, and exploration of potential acquisition opportunities.
Summary
Lakeland Financial Corporation demonstrates a solid market position in Northern and Central Indiana, supported by its local expertise and conservative financial approach. The company's consistent growth and strategic acquisitions signal its commitment to expansion. However, it faces challenges from larger competitors and evolving financial technologies and should continue to focus on efficiency and diversification for sustainable success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Lakeland Financial Corporation Investor Relations
- SEC Filings (10-K, 10-Q)
- Analyst Reports
- Company Press Releases
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is based on approximations and available industry data and may not be exact.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lakeland Financial Corporation
Exchange NASDAQ | Headquaters Warsaw, IN, United States | ||
IPO Launch date 1997-08-15 | Chairman & CEO Mr. David M. Findlay | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 647 | Website https://www.lakecitybank.com |
Full time employees 647 | Website https://www.lakecitybank.com |
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. Its loan products include 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. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and online treasury management 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.