Lakeland Financial Corporation

Dividend Growth

Min. Div. Growth Past 7 Yrs. ≥ 15%: 9.8
Rolling 4-Yrs Div. Growth Past 7 Yrs ≥ 15%: 12.2%
Years of Div. Growth ≥ 15: 26

Income Generation

Current Yield 2.9≥ 20-Yrs Treasury Yield 4.5
Total Dividends ≥ 20-Yrs Treasury Coupons in 5 Yrs


Debt-To-Equity 0.38 ≤ 0.45 
Last 12Months Cash Payout 0.45 ≤ 0.6 


5-Yr Avg. Return-on-Equity 14.9≥ 15%
Last 12Months Return-on-Equity 15.2≥ 15%
Last 12Months Net Profit Margin 28.1≥ 10% 

Fair Value

Average 5-Yrs High Yield 3.2%
Current Price $65.5 ≤ High Yield Price $60.1
Average 5-Yrs Price-to-Earning (P/E) 15.9
Current Price $65.5 ≤ Average P/E Price $57.5
Current Price $65.5 ≤ Fair Value $51.2 

Company Description
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.




Free Cash Flow