Lakeland Financial Corp - Company Profile
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Lakeland Financial Corp (Lakeland) is a bank holding company that operates through its wholly owned subsidiary. The company is primarily involved in providing a wide range of financial products and services, including commercial and consumer banking, trust and wealth management, brokerage, treasury management, and digital banking services. Its major offerings include deposit accounts, loans, credit cards, and wealth management solutions. Lakeland serves a diverse customer base across various industries such as commercial real estate, manufacturing, agriculture, and healthcare. The company operates in Northern and Central Indiana in the US, targeting both commercial and individual clients. Lakeland is headquartered in Warsaw, Indiana, the US.
Headquarters
United States of America
Address
202 East Center Street, Warsaw, Indiana, 46580
Website
www.lakecitybank.com
Telephone
1 574 2676144
No of Employees
674
Industry
Financial Services
Ticker Symbol & Exchange
LKFN (NASD)
Revenue (2024)
$421.7M
-1.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
10.6%
(2024 vs 2023)
Market Cap*
$1.6B
Net Profit Margin (2024)
XYZ
12.7%
(2024 vs 2023)
* As of and is in US$
Lakeland Financial Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Digital Banking | Lakeland |
| Savings | Merchant Services | |
| Checking | Treasury Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In September, Lake City Bank opened its new branch in Westfield, Indiana, the US. |
| 2025 | Plans/Strategy | In September, Lake City Bank announced its plans to invest US$12 million in its Innovation and Technology Center in Warsaw. |
| 2024 | Corporate Changes/Expansions | In July, the company opened its 54th branch in Carmel, Indiana, the US. |
Competitor Comparison
| Key Parameters | Lakeland Financial Corp | Merchants Bancorp | 1st Source Corporation | First Internet Bancorp | Horizon Bancorp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Warsaw | Carmel | South Bend | Fishers | Michigan |
| State/Province | Indiana | Indiana | Indiana | Indiana | Indiana |
| No. of Employees | 674 | 735 | 1,190 | 354 | 465 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David M. Findlay | Chairman; Chief Executive Officer | Executive Board | 2024 | 64 |
| Kristin L. Pruitt | President; Director | Executive Board | 2023 | 54 |
| Lisa M. O'Neill | Chief Financial Officer; Executive Vice President | Senior Management | 2014 | 58 |
| Stephanie R. Leniski | Executive Vice President; Chief Retail Banking Officer | Senior Management | 2025 | 51 |
| Donald J. Robinson-Gay | Chief Credit Officer; Senior Vice President | Senior Management | 2023 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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