Lakeland Financial Corp

Overview

Lakeland Financial Corp (Lakeland) is a bank holding company that provides commercial and retail banking, wealth advisory, and investment management solutions through its subsidiary Lake City Bank. Its retail and commercial banking portfolio includes money market accounts, savings and checking accounts; credit and debit cards; and loans for car, lines of credit, boat, truck, recreation vehicles, real estate, construction, agricultural, letters of credit, home equity, mortgage, and education. Lakeland’s wealth management services include wealth advisory, financial planning, trust services, investment policy development, grant administration and investment management, among other services. The company also provides services such as mobile and online banking, merchant, treasury management, and retirement services. It operates through a network of offices situated in Indiana, the US. Lakeland is headquartered in Warsaw, Indiana, the US.
Key Stats
Address
202 E Center St, Po Box 1387, Warsaw, Indiana
Headquarters

United States of America

Contact

1 574 2676144

No of Employees

585

Industry

Financial Services

Ticker Symbol & Exchange​

LKFN [NASD]

Revenue (2020)

$240 m

-7.8% (2020 vs 2019)
Net Income (2020)

$84 m

-3.5% (2020 vs 2019)
Net Profit Margin

35 %

5.1% (2020 vs 2019)
Market Cap *

$1,867 m

EPS *

$3.3

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Lakeland Financial CorpMerchants Bancorp1st Source CorporationFirst Internet Bancorp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City Warsaw Carmel South Bend Fishers
Headquarter State/Province Indiana Indiana Indiana Indiana
No. of Employees 585 404 1,175 257
Entity Type Public Public Public Public

Products & Services

Lakeland provides an array of commercial and personal banking solutions. Its key products and services include:

Products
  • Accounts:
  • Savings
  • Checking
  • Vitae Eget Libero
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Services
  • Online Banking
  • Merchant Services
  • Treasury Management
  • Etiam Rutrum Elit
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Kristin L. Pruitt Executive Vice President; General Counsel; Chief Administrative Officer Senior Management 2017 49 Ms. Kristin L. Pruitt has been Chief Administrative Officer and Executive Vice President of the company since 2017. Prior to...
Lisa M. O'Neill Chief Financial Officer; Executive Vice President Senior Management 2014 53 Ms. Lisa M. O'Neill has been Chief Financial Officer and Executive Vice President of the company since 2014. She also...
David M. Findlay President; Chief Executive Officer; Director Executive Board 2014 59 Mr. David M. Findlay has been the Chief Executive Officer, President, and Director of the company since April 2014. Prior...
Michael L. Kubacki Chairman Executive Board 2014 69 Mr. Michael L. Kubacki has been the Chairman of the company since April 2014. Previously, he served as the President...
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History

Year Event Description
2021 New Products/Services In April, Lakeland launched a Next-Generation Platform for Consumers and Businesses, Lake City Bank Digital.
2021 Corporate Awards In May, Lake City Bank was named to KBW Bank Honor Roll of high performing…
2019 Corporate Changes/Expansions In January, the company opened its 50th branch in Indianapolis market.
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2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Lake City Bank

Address

202 E. Center Street, Warsaw
United States of America

Telephone

1 574 2676144

Website

www.lakecitybank.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
26 Oct 2009 Lakeland Financial raises $61.63 million in public offering of common stock Equity Offering Lakeland Financial Corp

Jobs Overview

6

Active Jobs

4

Posted

6

Closed

Job Trends

Latest Jobs

Job title Company Country
Full-time Retail Support Specialist Lakeland Financial Corp United States
Full-time Payroll Administrator Lakeland Financial Corp United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar