Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets.
Company profile
Ticker
LKFN
Exchange
Website
CEO
David M. Findlay
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lake City Bank, Warsaw, Indiana, a banking corporation ...
IRS number
351559596
LKFN stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
10 Apr 24
8-K
Regulation FD Disclosure
9 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Feb 24
DEFA14A
Additional proxy soliciting materials
29 Feb 24
DEF 14A
Definitive proxy
29 Feb 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Lakeland Financial Corporation A Proven History of Shareholder Value Creation And Commitment to Our Communities 4th Quarter 2023 LKFN L I S T E D
25 Jan 24
8-K
Results of Operations and Financial Condition
25 Jan 24
8-K
Regulation FD Disclosure
9 Jan 24
8-K
Regulation FD Disclosure
14 Nov 23
Latest ownership filings
4
DAVID M FINDLAY
14 Mar 24
4
Stephanie R Leniski
13 Mar 24
4
Lisa M O'Neill
13 Mar 24
4
Eric H Ottinger
12 Mar 24
4
STEVEN D ROSS
7 Mar 24
4
Donald Robinson-Gay
5 Mar 24
4
Jonathan P Steiner
22 Feb 24
144
Notice of proposed sale of securities
22 Feb 24
4
James Rickard Donovan
14 Feb 24
5
DAVID M FINDLAY
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 146.28 mm | 146.28 mm | 146.28 mm | 146.28 mm | 146.28 mm | 146.28 mm |
Cash burn (monthly) | 8.95 mm | 4.88 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 61.09 mm | 33.28 mm | n/a | n/a | n/a | n/a |
Cash remaining | 85.19 mm | 113.00 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 9.5 | 23.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 196 |
Opened positions | 25 |
Closed positions | 24 |
Increased positions | 61 |
Reduced positions | 84 |
13F shares | Current |
---|---|
Total value | 979.63 bn |
Total shares | 21.88 mm |
Total puts | 1.20 k |
Total calls | 3.00 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.67 mm | $174.17 bn |
Vanguard | 1.80 mm | $85.66 bn |
Victory Capital Management | 1.45 mm | $68.93 bn |
Neuberger Berman | 1.19 mm | $56.31 bn |
Franklin Mutual Advisers | 1.16 mm | $61.94 mm |
STT State Street | 1.13 mm | $53.42 bn |
Kayne Anderson Rudnick Investment Management | 1.01 mm | $48.09 bn |
SAMG Silvercrest Asset Management | 877.85 k | $41.66 bn |
Dimensional Fund Advisors | 770.83 k | $36.58 bn |
Copeland Capital Management | 736.59 k | $34.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | David M Findlay | Common Stock | Sell | Dispose S | Yes | No | 65.26 | 12,000 | 783.12 k | 14,175 |
12 Mar 24 | Stephanie R Leniski | Common Stock | Sell | Dispose S | No | No | 66.1389 | 300 | 19.84 k | 3,970 |
12 Mar 24 | O'Neill Lisa M | Common Stock | Sell | Dispose S | No | No | 65.7 | 1,500 | 98.55 k | 34,655 |
11 Mar 24 | Ottinger Eric H | Common Stock | Sell | Dispose S | No | No | 66.75 | 5,247 | 350.24 k | 36,475 |
4 Mar 24 | Donald Robinson-Gay | Common Stock | Sell | Dispose S | No | No | 65.9254 | 893 | 58.87 k | 3,174 |
News
Surpassing Expectations: Lakeland Financial Unleashes Growth Potential and Rewards Investors
5 Feb 24
Stephens & Co. Maintains Equal-Weight on Lakeland Financial, Raises Price Target to $70
26 Jan 24
Raymond James Maintains Outperform on Lakeland Financial, Raises Price Target to $78
26 Jan 24
Lakeland Financial Q4 2023 Adj EPS $0.98 Beats $0.89 Estimate, Sales $65.81M Beat $59.98M Estimate
25 Jan 24
Lakeland Financial Q4 EPS $0.98 Beats $0.89 Estimate
25 Jan 24