LAKELAND FINANCIAL CORPORATION
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $114.2M | $102.5M |
| Cost of Revenue | — | — |
| Gross Profit | — | — |
| Gross Margin | — | — |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | — | — |
| Operating Income | $67.7M | $63.9M |
| Operating Margin | 59.3% | 62.3% |
| Interest Expense | $30.9M | $36.1M |
| Pretax Income | $36.8M | $27.8M |
| Income Tax Expense | $12.2M | $8.9M |
| Net Income | $24.5M | $19.0M |
| Net Margin | 21.5% | 18.5% |
| EPS (Basic) | $1.32 | $1.27 |
| EPS (Diluted) | $1.32 | $1.26 |
| Shares Outstanding (Basic) | 16.1M | 12.9M |
| Shares Outstanding (Diluted) | 16.2M | 13.0M |
| Dividends Per Share | $0.62 | $0.62 |