LKFN FY 2025 Earnings Report — Lakeland Financial Corporation Revenue & Financial Results | Market Cap Arena

Lakeland Financial CorporationLKFN

FY 2025 Earnings

Reported February 25, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$422M	—	$430M	—	-1.9%
Op. Income	$126M	—	$112M	—	12.4%
Gross Margin	61.0%	—	55.1%	—	5.9pp
Net Margin	24.5%	—	21.7%	—	2.8pp
EPS (Diluted)	$4.01	—	$3.63	—	10.5%
Free Cash Flow	$104M	—	$94M	—	10.6%

Revenue Flow

Item	Amount
REVENUE	$422M
Cost of Revenue	$165M
GROSS PROFIT	$257M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$74M
SG&A Expenses	$74M
Other Expenses	$57M
Operating Expenses	$132M
Cost & Expenses	$296M
OPERATING INCOME	$126M
Interest Income	$374M
Interest Expense	$153M
Other Income/Expenses	$0
INCOME BEFORE TAX	$126M
Income Tax Expense	$22M
Net Income from Continuing Ops	$103M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$103M
D&A	$5M
EBIT	$126M
EBITDA	$130M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$422M
Cost of Revenue	$165M
GROSS PROFIT	$257M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$74M
SG&A Expenses	$74M
Other Expenses	$57M
Operating Expenses	$132M
Cost & Expenses	$296M
OPERATING INCOME	$126M
Interest Income	$374M
Interest Expense	$153M
Other Income/Expenses	$0
INCOME BEFORE TAX	$126M
Income Tax Expense	$22M
Net Income from Continuing Ops	$103M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$103M
D&A	$5M
EBIT	$126M
EBITDA	$130M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$103M
Depreciation & Amortization	$6M
Stock-Based Compensation	$9M
Deferred Income Tax	$0
Other Non-Cash Items	$10M
Change in Working Capital	-$13M
OPERATING CASH FLOW	$115M
Capital Expenditure	-$11M
Acquisitions (Net)	$0
Purchases of Investments	-$83M
Sales/Maturities of Investments	$67M
Other Investing Activities	-$298M
NET CASH FROM INVESTING	-$325M
Net Debt Issuance	$184M
Common Stock Repurchased	-$20M
Common Dividends Paid	-$51M
Other Financing Activities	$72M
NET CASH FROM FINANCING	$184M
FREE CASH FLOW	$104M
Net Change in Cash	-$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$57M
Short-Term Investments	$84M
Net Receivables	$29M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$170M
PP&E (Net)	$66M
Goodwill	$5M
Intangible Assets	$0
Long-Term Investments	$5.3B
Tax Assets	$0
Other Non-Current Assets	$1.4B
TOTAL NON-CURRENT ASSETS	$6.8B
TOTAL ASSETS	$7.0B
Account Payables	$0
Short-Term Debt	$170M
Deferred Revenue	$0
Other Current Liabilities	$6.0B
TOTAL CURRENT LIABILITIES	$6.2B
Long-Term Debt	$14M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$47M
TOTAL NON-CURRENT LIABILITIES	$61M
TOTAL LIABILITIES	$6.2B
Common Stock	$137M
Additional Paid-In Capital	$0
Retained Earnings	$788M
Treasury Stock	-$36M
Accum. Other Comp. Income	-$127M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$762M
Minority Interest	$89.0K
TOTAL EQUITY	$762M
TOTAL LIABILITIES & EQUITY	$7.0B
Total Debt	$184M
Net Debt	$127M