Lakeland Financial Corporation Common Stock (LKFN)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach a regional bank differently than an industrial: book value, return on equity, credit discipline, and dividend durability matter more than cash-flow multiples. Lakeland Financial, the holding company for Lake City Bank, is a $1.4B market-cap bank trading at $56.87 at the 2026-10-13 close. FairStock calculates P/E 13.04, P/B 1.83, ROE 15.00%, and a 3.66% dividend yield. Those are not demanding figures for a bank earning a mid-teens return on equity, though P/B nearly twice book leaves less margin for credit surprises. Per filed figures, FY2025 net income was $103.4M and diluted EPS $4.01, up from FY2024's $93.5M and $3.63. But FY2023 was $93.8M and $3.65, so the five-year record is sluggish; FairStock classifies it as a SLOW GROWER, with profit up 4.2% a year over five years. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $28.4M and diluted EPS $1.13, continuing positive momentum. The balance sheet is the black box. For a bank, I want CET1, NIM, nonperforming loans, reserves, and loan-loss provisions; CET1, NIM, and combined ratio are not in this data. Piotroski 4/9 is weak, and D/E is N/A. A low beta of 0.76 and PEG 0.55 suggest the market treats it as steady, not exciting. At 13 times earnings and 1.83 times book, the price looks fair, not a bargain. I would need credit metrics before calling it a Buffett-style bank.

In plain English: Lakeland Financial is a small regional bank that takes deposits and makes loans, mainly through Lake City Bank. It earns steady profits, pays a solid dividend, and has respectable profitability, but its long-term profit growth has been slow and the latest numbers do not show a fast-growing business. Based on the numbers provided, the stock price looks reasonable rather than clearly cheap or expensive.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer