LAKELAND FINANCIAL CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $269.0M | $253.5M | $246.9M | $244.7M | $222.8M | $209.9M | $200.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $125.6M | $111.7M | $256.6M | $161.8M | $132.6M | $134.0M | $167.5M |
| Operating Margin | — | 46.7% | 44.1% | 103.9% | 66.1% | 59.5% | 63.8% | 83.8% |
| Interest Expense | — | — | — | $146.2M | $36.7M | $15.1M | $30.1M | $60.2M |
| Pretax Income | — | $125.6M | $111.7M | $110.3M | $125.2M | $117.4M | $103.9M | $107.4M |
| Income Tax Expense | — | $22.2M | $18.2M | $16.6M | $21.3M | $21.7M | $19.5M | $20.3M |
| Net Income | — | $103.4M | $93.5M | $93.8M | $103.8M | $95.7M | $84.3M | $87.0M |
| Net Margin | — | 38.4% | 36.9% | 38.0% | 42.4% | 43.0% | 40.2% | 43.5% |
| EPS (Basic) | — | $4.02 | $3.64 | $3.67 | $4.07 | $3.76 | $3.31 | $3.40 |
| EPS (Diluted) | — | $4.01 | $3.63 | $3.65 | $4.04 | $3.74 | $3.30 | $3.38 |
| Shares Outstanding (Basic) | 25.3M | 25.7M | 25.7M | 25.6M | 25.5M | 25.5M | 25.5M | 25.6M |
| Shares Outstanding (Diluted) | 25.3M | 25.8M | 25.8M | 25.7M | 25.7M | 25.6M | 25.6M | 25.8M |
| Dividends Per Share | — | $2.00 | $1.92 | $1.84 | $1.60 | $1.36 | $1.20 | $1.16 |