Lakeland Financial Corporation (LKFN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 56.77M | 57.19M | 56.07M | 54.88M | 52.88M | 51.69M | 49.27M | 48.3M | 47.42M | 48.6M | 48.39M | 48.52M | 51.52M | 56.84M | 52.49M | 48.68M | 44.88M | 45.01M | 45.74M | 43.66M |
| NII Growth % | 7.37% | 10.64% | 13.8% | 13.62% | 11.51% | 6.37% | 1.82% | -0.47% | -7.96% | -14.49% | -7.81% | -0.32% | 14.79% | 26.28% | 14.76% | 11.49% | 2.75% | 0.66% | 14.6% | 10.46% |
| Net Interest Margin % | 0.8% | 0.82% | 0.81% | 0.79% | 0.77% | 0.77% | 0.74% | 0.74% | 0.72% | 0.74% | 0.75% | 0.75% | 0.8% | 0.88% | 0.83% | 0.78% | 0.68% | 0.69% | 0.74% | 0.7% |
| Interest Income | 91.99M | 94.01M | 94.89M | 94.39M | 90.45M | 93.37M | 95.02M | 93.74M | 91.03M | 90.94M | 88.62M | 84.48M | 79.22M | 75.35M | 62.56M | 53.62M | 48.03M | 48.32M | 49.3M | 47.63M |
| Interest Expense | 35.21M | 36.81M | 38.81M | 39.51M | 37.58M | 41.68M | 45.74M | 45.44M | 43.62M | 42.34M | 40.23M | 35.96M | 27.7M | 18.52M | 10.07M | 4.94M | 3.15M | 3.31M | 3.55M | 3.96M |
| Loan Loss Provision | 2M | 0 | 2M | 3M | 6.8M | 3.69M | 3.06M | 8.48M | 1.52M | 300K | 400K | 800K | 4.35M | 8.96M | 0 | 0 | 417K | 0 | 1.3M | -1.7M |
| Non-Interest Income | 12.93M | 12.6M | 12.95M | 11.49M | 10.93M | 11.88M | 11.92M | 20.44M | 12.61M | 17.21M | 10.84M | 11.5M | 10.31M | 20.03M | 10.16M | 10.49M | 7.61M | 6.73M | 7.95M | 8.14M |
| Non-Interest Income % | 12.33% | 11.82% | 12.01% | 10.85% | 10.78% | 11.28% | 11.14% | 17.9% | 12.17% | 15.91% | 10.89% | 11.98% | 11.52% | 21% | 13.98% | 16.36% | 13.67% | 12.22% | 13.88% | 14.59% |
| Total Revenue | 104.92M | 106.61M | 107.84M | 105.87M | 101.38M | 105.25M | 106.94M | 114.17M | 103.65M | 108.15M | 99.46M | 95.98M | 89.53M | 95.38M | 72.72M | 64.11M | 55.64M | 55.05M | 57.24M | 55.76M |
| Revenue Growth % | 3.49% | 1.3% | 0.85% | -7.27% | -2.18% | -2.69% | 7.52% | 18.95% | 15.76% | 13.39% | 36.76% | 49.71% | 60.92% | 73.27% | 27.05% | 14.98% | -2.75% | -5.91% | 2.09% | 1.07% |
| Non-Interest Expense | 35.15M | 33.45M | 34.97M | 30.43M | 32.76M | 30.65M | 30.39M | 33.33M | 30.7M | 29.45M | 29.1M | 42.73M | 29.43M | 36.94M | 27.89M | 27.91M | 23.89M | 21.94M | 22.8M | 23.44M |
| Efficiency Ratio | 33.5% | 31.37% | 32.42% | 28.74% | 32.32% | 29.13% | 28.42% | 29.19% | 29.62% | 27.23% | 29.26% | 44.52% | 32.87% | 38.73% | 38.36% | 43.54% | 42.93% | 39.86% | 39.83% | 42.04% |
| Operating Income | 32.55M | 36.35M | 32.06M | 32.93M | 24.24M | 29.23M | 27.74M | 26.92M | 27.8M | 36.06M | 29.73M | 16.49M | 28.05M | 30.96M | 34.76M | 31.26M | 28.18M | 29.79M | 29.59M | 30.05M |
| Operating Margin % | 31.03% | 34.1% | 29.73% | 31.1% | 23.91% | 27.77% | 25.94% | 23.58% | 26.82% | 33.34% | 29.89% | 17.18% | 31.33% | 32.46% | 47.8% | 48.75% | 50.65% | 54.12% | 51.69% | 53.9% |
| Operating Income Growth % | 34.3% | 24.38% | 15.59% | 22.32% | -12.82% | -18.96% | -6.7% | 63.25% | -0.88% | 16.46% | -14.47% | -47.24% | -0.47% | 3.94% | 17.49% | 4.01% | 0.6% | -2.85% | 5.1% | 24.61% |
| Pretax Income | 32.55M | 36.35M | 32.06M | 32.93M | 24.24M | 29.23M | 27.74M | 26.92M | 27.8M | 36.06M | 29.73M | 16.49M | 28.05M | 30.96M | 34.76M | 31.26M | 28.18M | 29.79M | 29.59M | 30.05M |
| Pretax Margin % | 31.03% | 34.1% | 29.73% | 31.1% | 23.91% | 27.77% | 25.94% | 23.58% | 26.82% | 33.34% | 29.89% | 17.18% | 31.33% | 32.46% | 47.8% | 48.75% | 50.65% | 54.12% | 51.69% | 53.9% |
| Income Tax | 6.08M | 6.45M | 5.66M | 5.96M | 4.16M | 5.04M | 4.4M | 4.37M | 4.4M | 6.44M | 4.48M | 1.88M | 3.77M | 4.99M | 6.24M | 5.58M | 4.54M | 5.51M | 5.47M | 5.71M |
| Effective Tax Rate % | 18.67% | 17.73% | 17.65% | 18.11% | 17.14% | 17.23% | 15.86% | 16.24% | 15.83% | 17.85% | 15.07% | 11.4% | 13.44% | 16.11% | 17.94% | 17.86% | 16.11% | 18.49% | 18.48% | 18.98% |
| Net Income | 26.48M | 29.91M | 26.4M | 26.97M | 20.09M | 24.19M | 23.34M | 22.55M | 23.4M | 29.63M | 25.25M | 14.61M | 24.28M | 25.98M | 28.52M | 25.67M | 23.64M | 24.28M | 24.12M | 24.35M |
| Net Margin % | 25.24% | 28.05% | 24.48% | 25.47% | 19.81% | 22.98% | 21.82% | 19.75% | 22.58% | 27.39% | 25.39% | 15.22% | 27.12% | 27.23% | 39.22% | 40.04% | 42.49% | 44.11% | 42.14% | 43.66% |
| Net Income Growth % | 31.83% | 23.63% | 13.14% | 19.59% | -14.17% | -18.35% | -7.58% | 54.33% | -3.61% | 14.05% | -11.47% | -43.09% | 2.69% | 6.98% | 18.27% | 5.44% | 2.87% | -1.26% | 5.9% | 23.78% |
| Net Income (Continuing) | 26.48M | 29.91M | 26.4M | 26.97M | 20.09M | 24.19M | 23.34M | 22.55M | 23.4M | 29.63M | 25.25M | 14.61M | 24.28M | 25.98M | 28.52M | 25.67M | 23.64M | 24.28M | 24.12M | 24.35M |
| EPS (Diluted) | 1.04 | 1.16 | 1.03 | 1.04 | 0.78 | 0.94 | 0.91 | 0.87 | 0.91 | 1.15 | 0.98 | 0.57 | 0.94 | 1.01 | 1.11 | 1.00 | 0.92 | 0.95 | 0.94 | 0.95 |
| EPS Growth % | 33.33% | 23.4% | 13.19% | 19.54% | -14.29% | -18.26% | -7.14% | 52.63% | -3.19% | 13.86% | -11.71% | -43% | 2.17% | 6.32% | 18.09% | 5.26% | 2.22% | -2.06% | 5.62% | 23.38% |
| EPS (Basic) | 1.04 | 1.17 | 1.03 | 1.05 | 0.78 | 0.94 | 0.91 | 0.88 | 0.91 | 1.16 | 0.99 | 0.57 | 0.95 | 1.02 | 1.12 | 1.01 | 0.93 | 0.95 | 0.95 | 0.96 |
| Diluted Shares Outstanding | 25.49M | 25.77M | 25.82M | 25.78M | 25.8M | 25.79M | 25.77M | 25.74M | 25.75M | 25.73M | 25.69M | 25.69M | 25.74M | 25.75M | 25.73M | 25.7M | 25.69M | 25.67M | 25.64M | 25.6M |