LAKELAND FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue from Contract with Customer, Including Assessed Tax $985k
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $353k $354k $909k $1.5m $368k $549k $2.2m $5.7m $7.6m $7.0m
Bank Owned Life Insurance Income $1.4m $1.8m $1.2m $1.9m $2.1m $2.5m $432k $3.1m
Debt and Equity Securities, Gain (Loss) ($50k) $142k $433k $797k $21k ($25k)
Debt Securities, Gain (Loss) ($46k) $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $117.4m $125.2m $110.3m $111.7m $125.6m
Net Income (Loss) Attributable to Parent $52.1m $57.3m $80.4m $87.0m $84.3m $95.7m $103.8m $93.8m $93.5m $103.4m
Earnings Per Share, Basic $2.08 $2.28 $3.18 $3.40 $3.31 $3.76 $4.07 $3.67 $3.64 $4.02
Earnings Per Share, Diluted $2.05 $2.23 $3.13 $3.38 $3.30 $3.74 $4.04 $3.65 $3.63 $4.01
Common Stock, Dividends, Per Share, Declared $0.73 $0.85 $1.00 $1.16 $1.20 $1.36 $1.60 $1.84 $1.92 $2.00
Weighted Average Number of Shares Outstanding, Basic 25.1m 25.2m 25.3m 25.6m 25.5m 25.5m 25.5m 25.6m 25.7m 25.7m
Weighted Average Number of Shares Outstanding, Diluted 25.5m 25.7m 25.7m 25.8m 25.6m 25.6m 25.7m 25.7m 25.8m 25.8m
Noninterest expense:
Labor and Related Expense $41.9m $45.5m $48.4m $49.4m $49.4m $57.9m $58.5m $59.1m $66.7m $75.3m
Equipment Expense $3.9m $4.6m $5.2m $5.5m $5.8m $5.5m $5.8m $5.6m $5.6m $5.7m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $9.4m $5.8m $16.8m $11.8m
Interest Expense $20.5m $29.8m $47.7m $60.2m $30.1m $15.1m $36.7m $146.2m
Income Tax Expense (Benefit) $25.1m $32.3m $18.5m $20.3m $19.5m $21.7m $21.3m $16.6m $18.2m $22.2m
Total interest expense $176.5m $152.7m
Interest Income (Expense), Net $118.5m $135.9m $151.3m $155.0m $163.0m $178.1m $202.9m $197.0m $196.7m $221.0m