LAKELAND FINANCIAL CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $985.0K | $1.0M | $928.0K | $137.4M | $132.4M | $121.2M | $112.9M | $114.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $146.6M | $119.4M | $97.7M | $85.8M | $81.2M | $75.7M | $79.3M | $75.2M |
| Operating Margin | 14,887.6% | 11,872.8% | 10,526.6% | 62.5% | 61.3% | 62.5% | 70.2% | 65.8% |
| Interest Expense | $47.7M | $29.8M | $20.5M | $16.6M | $15.0M | $17.3M | $26.7M | $29.8M |
| Pretax Income | $98.9M | $89.6M | $77.2M | $69.2M | $66.2M | $58.4M | $52.6M | $45.4M |
| Income Tax Expense | $18.5M | $32.3M | $25.1M | $22.8M | $22.4M | $19.6M | $17.2M | $14.7M |
| Net Income | $80.4M | $57.3M | $52.1M | $46.4M | $43.8M | $38.8M | $35.4M | $30.7M |
| Net Margin | 8,163.6% | 5,698.8% | 5,612.5% | 33.7% | 33.1% | 32.1% | 31.4% | 26.8% |
| EPS (Basic) | $3.18 | $2.28 | $2.08 | $1.86 | $1.77 | $2.36 | $2.17 | $1.89 |
| EPS (Diluted) | $3.13 | $2.23 | $2.05 | $1.84 | $1.74 | $2.33 | $2.15 | $1.88 |
| Shares Outstanding (Basic) | 25.3M | 25.2M | 25.1M | 24.9M | 24.8M | 16.4M | 16.3M | 16.2M |
| Shares Outstanding (Diluted) | 25.7M | 25.7M | 25.5M | 25.2M | 25.2M | 16.6M | 16.5M | 16.3M |
| Dividends Per Share | $1.00 | $0.85 | $0.73 | $0.63 | $0.55 | $0.57 | $0.84 | $0.62 |