# Lakeland Financial Corporation (LKFN) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $60.57, market value $1.5 billion.

## Valuation
- **P/E (trailing): 13.9×** (5-yr avg 16.5×, 3-yr avg 16.0×). Lakeland Financial Corporation trades at 13.9× trailing earnings, close to its own five-year average of 16.5×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 13.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.28**. A PEG of 1.28 is in the range usually read as fairly priced for its growth.
- **Price / sales: 1528.6×**. Each dollar of revenue is priced at 1528.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.4%** (5-yr avg 7.2%). Free cash flow equals 7.4% of the market value, in line with its five-year average of 7.2%. Above 5% is generally attractive.
- **Earnings yield: 7.2%**. The inverse of the P/E: 7.2% of the price is earned each year.

## Profitability
- **Return on equity: 13.6%**. 13.6% on shareholders' equity is solid.
- **Return on assets: 1.2%**. Each dollar of assets produces 1.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **EPS growth (1 yr): 10.5%** (3-yr -0.2%/yr, 5-yr 4.0%/yr). Earnings per share rose 10.5%.
- **Free-cash-flow growth (3 yr): -14.2%/yr**. Free cash flow has compounded at -14.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Cash and short-term investments: $141 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 3.43%** ($2.06 per share, trailing). Lakeland Financial Corporation yields 3.43%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 50%** (47% of free cash flow). 50% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 10.8%/yr** (1-yr 4.2%). The dividend has compounded at 10.8% a year over five years, doubling roughly every 7 years at that pace.

## Price and momentum
- **Total return (1 yr): -6.7%** (YTD 8.9%, 3-mo 1.8%). The shares are down 6.7% over twelve months including dividends.
- **From 52-week high: -11.4%** (11.4% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.41** (volatility 24%). Beta of 0.41 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LKFN · Page: https://foliofundamentals.com/stocks/lkfn

Not investment advice.