Lakeland Financial Corporation
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and Internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of March 19, 2020, the company operated 50 offices in Northern and Central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana. Show More...
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Website http://www.lakecitybank.com
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Sector Financial Services
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Industry Banks-Regional
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Last Quote 59.87 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 0.88 1.25 1.43 1.55 1.74 1.84 2.05 2.23 3.13 3.38 3.21 Dividends USD 0.41 0.41 0.56 0.38 0.55 0.63 0.73 0.85 1.0 1.16 1.2 Payout Ratio % * 46.9 35.8 38.8 32.4 31.0 33.8 34.9 35.5 34.9 33.4 37.4 Shares Mil 24.0 24.0 25.0 25.0 25.0 25.0 25.0 26.0 26.0 26.0 26.0 Book Value Per Share * USD 10.24 11.1 12.18 12.8 14.25 15.58 17.13 18.48 19.84 22.97 23.6 Free Cash Flow Per Share * USD 1.75 1.92 1.93 2.31 1.87 2.01 1.97 2.21 3.59 3.62 Return on Assets % 0.81 1.1 1.19 1.24 1.32 1.29 1.29 1.28 1.68 1.77 1.67 Financial Leverage (Average) 10.86 10.58 10.29 9.87 9.53 9.58 10.05 9.99 9.35 8.27 8.29 Return on Equity % 9.03 11.79 12.4 12.54 12.82 12.3 12.71 12.8 16.24 15.55 14.38 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 0.19 0.17 0.15 0.1 0.09 0.08 0.07 0.24 0.06 0.28 0.14