Headquartered in Warsaw, IN Fiscal year ends December NASDAQ: LKFN lakecitybank.com
Lakeland Financial Corporation is the parent company of Lake City Bank, a $7.2 billion community bank founded in 1872 that serves Central and Northern Indiana through 55 branch offices and a digital banking platform. The company operates a relationship-driven commercial and retail banking model, offering commercial and industrial lending, commercial real estate financing, agri-business loans, consumer mortgage and other consumer lending products, wealth advisory services, investment brokerage, deposit products, and treasury management services. Lake City Bank's loan portfolio is diversified across commercial and industrial (29.5%), commercial real estate and multi-family (49.5%), agri-business (6.0%), consumer 1-4 family mortgage (10.7%), and other consumer (2.1%) segments. The bank maintains a diversified deposit base with 95% core deposits, serving retail, commercial, and public fund customers. Lakeland Financial trades on the Nasdaq Global Select Market under the ticker LKFN. Updated
Five dividend deadlines are closing fast this week, but the payouts behind those yields vary wildly in how well they are actually covered. Before you buy, find out which names could keep…
Lakeland Financial Corporation is the parent company of Lake City Bank, a $7.2 billion community bank founded in 1872 that serves Central and Northern Indiana through 55 branch offices and a digital banking platform.
The Wall Street consensus 12-month price target for LKFN is $66.50.
