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Last
$58.05
+$0.14 (+0.24%) 3:58 PM ET
After hours$58.00
−$0.05 (−0.09%) 3:03 AM ET
Prev closePrevC$57.91
OpenOpen$57.96
Day highHigh$58.95
Day lowLow$57.72
VolumeVol173,388
Avg volAvgVol214,148
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Mkt cap
$1.44B
EV/Sales
3.37
P/E ratio
12.94
FY Revenue
$427.09M
EPS
4.47
Gross Margin
65.42%
Div yield
3.61%
Sector
Financials
AI report sections
MIXED
LKFN
Lakeland Financial Corporation
No AI report section text found yet for this symbol.
Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now
Lakeland Financial (LKFN), a Warsaw-based finance company, is highlighted as a strong dividend play with a 3.59% yield, outperforming both its industry (2.53%) and the S&P 500 (1.37%). The company has consistently increased dividends with an 11.83% average annual growth over 5 years and maintains a sustainable 48% payout ratio. With expected earnings growth of 8.98% in 2026, LKFN holds a Zacks Rank #3 (Hold) rating.
LKFN demonstrates strong dividend fundamentals with a 3.59% yield significantly above industry and market averages, consistent 5-year dividend growth averaging 11.83%, a sustainable 48% payout ratio, and expected 8.98% earnings growth in 2026. These factors position it as an attractive income investment opportunity.
PositiveZacks Investment Research• Zacks.Com
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio
Lakeland Financial (LKFN), a Warsaw-based finance stock, is highlighted as an attractive dividend investment with a 3.58% yield and consistent dividend growth. The company has increased its dividend 5 times over the last 5 years with an average annual increase of 11.83%. With a solid 48% payout ratio and expected earnings growth of 8.98% for 2026, LKFN offers income investors a compelling opportunity, though it carries a Zacks Rank of #3 (Hold).
The article presents LKFN as a compelling dividend investment with above-average yield (3.58% vs. industry 2.46%), consistent dividend growth history (11.83% average annual increase), solid earnings growth forecast (8.98% for 2026), and a sustainable payout ratio (48%). These factors support a positive outlook for income-focused investors.
PositiveGlobeNewswire Inc.• Na
Lake City Bank Named to Piper Sandler Sm-All Stars Class of 2026; Among Top 25 Small-cap Banks and Thrifts in the Country
Lake City Bank, subsidiary of Lakeland Financial Corporation, was named to the Piper Sandler Sm-All Stars Class of 2026, recognizing it among the top 25 small-cap banks and thrifts in the U.S. This marks the fourth time the bank has received this recognition. The bank significantly outperformed industry medians in earnings growth, loan growth, deposit growth, and return on average equity.
LKFNPiper Sandler Sm-All Starssmall-cap banksearnings growthloan growthdeposit growthreturn on average equitycommunity banking
Sentiment note
As the parent company of Lake City Bank, Lakeland Financial benefits from the subsidiary's strong performance and recognition. The achievement reflects well on the parent company's strategic direction and operational management, with the bank demonstrating consistent execution and growth metrics.
PositiveZacks Investment Research• Na
Lakeland Financial (LKFN) Could Be a Great Choice
Lakeland Financial (LKFN), a Warsaw-based finance company, is highlighted as a strong dividend play with a 3.43% yield, outperforming its industry average of 2.37%. The company has increased its dividend 5 times over the last 5 years with an average annual increase of 11.83%, and is expected to see earnings growth of 9.23% in 2026. With a moderate payout ratio of 48% and a Zacks Rank of #3 (Hold), LKFN presents a compelling opportunity for income investors.
The company demonstrates consistent dividend growth (11.83% average annual increase over 5 years), above-industry dividend yield (3.43% vs 2.37% industry average), strong expected earnings growth (9.23% for 2026), and a sustainable payout ratio of 48%. These factors make it an attractive dividend investment opportunity.
PositiveGlobeNewswire Inc.• Lake City Bank
David M. Findlay and Kristin L. Pruitt Named to Indianapolis Business Journal’s Indiana 250 List for 2026
Lake City Bank's Chairman and CEO David M. Findlay and President Kristin L. Pruitt have been named to the Indianapolis Business Journal's Indiana 250 list for 2026, recognizing influential leaders across business and philanthropy. Findlay receives his fifth consecutive recognition while Pruitt joins the list for the first time.
LKFNIndiana 250 listLake City Bankleadership recognitioncommunity bankingIndianapolis Business Journal
Sentiment note
As the parent company of Lake City Bank, the recognition of its leadership reflects positively on the organization's governance and strategic direction. The mention of record first quarter performance with 32% increase in net income further supports positive sentiment.
PositiveGlobeNewswire Inc.• Luke Weick
Lake City Bank Promotes Donald J. Robinson-Gay to Executive Vice President
Lake City Bank announced the promotion of Senior Vice President Donald J. Robinson-Gay to Executive Vice President and Chief Credit Officer. Robinson-Gay, who has been with the bank for eight years and served as Chief Credit Officer for the past three years, brings extensive banking experience from previous roles at Accenture, M&I Bank, and BMO Harris Bank. He will continue overseeing the bank's loan portfolio, credit quality, and risk management.
LKFNpromotionChief Credit OfficerLake City Bankcredit managementcommercial lendingloan portfolio
Sentiment note
As the parent company of Lake City Bank, the promotion of a key executive to a critical role (Chief Credit Officer) indicates strong governance and succession planning. This supports organizational health and effective risk management at the subsidiary level.
PositiveBenzinga• Globe Newswire
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
Lakeland Financial Corporation announced a 4% increase in its quarterly dividend to $0.52 per share for Q1 2026, up from $0.50 in 2025. The increase reflects the company's strong capital foundation and disciplined balance sheet management. Lake City Bank, the parent company's subsidiary, operates 55 branches across Central and Northern Indiana with $6.9 billion in assets.
The company announced a 4% dividend increase, demonstrating financial strength, profitability, and confidence in future performance. Dividend increases are typically viewed positively by investors as they signal management confidence and provide enhanced shareholder returns.
PositiveGlobeNewswire Inc.• Na
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
Lakeland Financial Corporation's Board of Directors approved a quarterly cash dividend of $0.52 per share for Q1 2026, representing a 4% increase from the previous $0.50 per share. CEO David M. Findlay attributed the increase to the company's strong capital foundation and disciplined balance sheet management. Lake City Bank, the parent company's subsidiary, operates 55 branches across Central and Northern Indiana.
LKFNdividend increasequarterly dividendcapital strengthbalance sheet managementLake City BankIndiana banking
Sentiment note
The company announced a 4% dividend increase, demonstrating financial strength, profitability, and confidence in future performance. The CEO's statement about a strong capital foundation and disciplined management strategy further reinforces positive financial health and shareholder returns.
PositiveGlobeNewswire Inc.• Luke Weick
Lake City Bank Opens Newest Branch in Westfield, the Bank’s 9th Office in the Indianapolis Market
Lake City Bank expanded its presence by opening its 55th branch in downtown Westfield, Indiana, located at 170 Jersey St. as part of The Union at Grand Junction development. The bank is also a financing partner for the mixed-use project.
The bank is strategically expanding its footprint, opening a new branch in a vibrant downtown area, demonstrating growth and community engagement
PositiveBenzinga• Globe Newswire
Lake City Bank Acquires Property in Whitestown, Announces Plan to Convert Building to New Office
Lake City Bank has acquired a property at 6388 Mills Drive in Whitestown, Indiana, with plans to renovate and convert the building into a full-service branch expected to open in 2026, expanding its presence in Boone County.
LKFNacquisitionbranch expansionbankingWhitestownBoone County
Sentiment note
The bank is strategically expanding its market presence, demonstrating growth and investment in a new county with potential economic opportunities
PositiveGlobeNewswire Inc.• Luke Weick
Lake City Bank Acquires Property in Whitestown, Announces Plan to Convert Building to New Office
Lake City Bank plans to open a new branch in Whitestown, Indiana, located at 6388 Mills Drive. The renovation will convert a former restaurant building into a full-service banking facility, expected to open in 2026 and representing the bank's 10th office in the Indianapolis Region.
LKFNbranch expansionbankingWhitestownIndianapolis RegionBoone County
Sentiment note
The bank is demonstrating strategic growth by expanding into a new county, investing in property renovation, and positioning itself to serve new market segments
PositiveGlobeNewswire Inc.• N/A
Dan Starr and Mindy Creighton Truex Appointed to Lakeland Financial Corporation and Lake City Bank Boards of Directors
Lakeland Financial Corporation and Lake City Bank have appointed Dan Starr, CEO of Do it Best Corp., and Mindy Creighton truex, President of Creighton Brothers Farms LLC, to their respective Boards of Directors. The new board members bring extensive business and community leadership experience to the banks.
LKFNLakeland Financial CorporationLake City BankDo it Best Corp.Creighton Brothers Farms LLC
Sentiment note
The article highlights the appointment of two experienced business leaders to the company's board, which suggests a positive outlook for the company's future growth and governance.
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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