← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $985k | — | — | — | — | — | — | — | — | |
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $118.5m |
$135.9m
+14.70%
|
$151.3m
+11.32%
|
$155.0m
+2.50%
|
$163.0m
+5.13%
|
$178.1m
+9.25%
|
$202.9m
+13.93%
|
$197.0m
-2.88%
|
$196.7m
-0.18%
|
$221.0m
+12.37%
|
$376.0m
+70.14%
|
|
| Labor and Related Expense | $41.9m | $45.5m | $48.4m | $49.4m | $49.4m | $57.9m | $58.5m | $59.1m | $66.7m | $75.3m | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $20.5m | $29.8m | $47.7m | $60.2m | $30.1m | $15.1m | $36.7m | $146.2m | — | — | $147.7m | |
| Total interest expense | — | — | — | — | — | — | — | — | $176.5m | $152.7m | — | |
| Interest income: | ||||||||||||
| 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 | $135.7m | |
| Income Tax Expense (Benefit) | $25.1m | $32.3m | $18.5m | $20.3m | $19.5m | $21.7m | $21.3m | $16.6m | $18.2m | $22.2m | $24.4m | |
| Net Income (Loss) Attributable to Parent | $52.1m |
$57.3m
+10.07%
|
$80.4m
+40.26%
|
$87.0m
+8.25%
|
$84.3m
-3.11%
|
$95.7m
+13.51%
|
$103.8m
+8.44%
|
$93.8m
-9.68%
|
$93.5m
-0.31%
|
$103.4m
+10.57%
|
$111.2m
+7.61%
|
|
| Earnings Per Share, Basic | $2.08 | $2.28 | $3.18 | $3.40 | $3.31 | $3.76 | $4.07 | $3.67 | $3.64 | $4.02 | $4.37 | |
| Earnings Per Share, Diluted | $2.05 | $2.23 | $3.13 | $3.38 | $3.30 | $3.74 | $4.04 | $3.65 | $3.63 | $4.01 | $4.36 | |
| 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 | 25.4m | |
| 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 | 25.6m | |
| 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 | — | — | — | |
| 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 | — |