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Lakeland Financial Corp

$61.31
Market Cap 1.55B
ROE 14.8%
Gross Margin 100.0%
Debt/Equity 0.1
Current Ratio 0.0
Revenue QoQ 18.8%
EPS QoQ 0.3%
F-Score 6

About

Lakeland Financial Corporation operates as the holding company for Lake City Bank that provides various commercial and retail banking, wealth advisory, and investment brokerage services to individuals and businesses in Indiana, the United States. The company accepts checking accounts, savings accounts, time deposits, certificates of deposit, money market accounts, and NOW accounts. It provides commercial, real estate, and agricultural loans; consumer loans; and commercial and residential real estate mortgage loans, as well as home equity lines of credit and retail installment loans. In addition, the company offers retail and merchant credit card services, corporate treasury management services, retirement services, and trust and brokerage services, as well as sells securities under agreements to repurchase. Further, it provides retail brokerage services, including various financial and investment products, such as annuities and life insurance; Internet business banking and on-line treasury management services; and credit card services. Lakeland Financial Corporation operates 46 offices in 13 counties in northern and central Indiana. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional

Sector context

Financial Services

Overvalued

Trading at a discount to sector peers

P/E
14.23
vs median 2.80
P/B
2.09
vs median 1.82
ROE
0.15
vs median 0.13

Decent quality with acceptable fundamentals

Small-cap company with higher volatility

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