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Lakeland Financial LKFN Gross charge-offs

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Other financials

Income statement

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Revenue$70.9M+6.8%
Net income$28.4M+5.5%
EPS (diluted)$1.13+8.7%

Balance sheet

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Cash & equivalents$194.1M-37.4%
Total debt$147.9M+1,064%
Total equity$773.3M+8.9%
Total assets$7.2B+4.0%

Cash flow

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Operating cash flow$24.4M+50.7%
CapEx$5.2M+147%
Free cash flow$19.1M+36.1%

Valuation

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Market cap$1.52B-1.5%
Enterprise value$1.47B+18.4%
P/E13.6×-2.6×
P/S5.4×-0.6×

Profitability

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Net margin39.8%+2.7pp
FCF margin40%+3.4pp

Returns & leverage

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Return on equity15%+1.1pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by Lakeland Financial in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

The source filing: Lakeland Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:56 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000721994-26-000067
(dollars in thousands) / Three Months Ended June 30, 2026Commercial and IndustrialCommercial Real Estate and Multifamily ResidentialAgri-business and AgriculturalOther CommercialConsumer 1-4 Family MortgageOther ConsumerUnallocatedTotal
Beginning balance, April 1$28,053$30,618$3,421$815$4,185$1,797$25$68,914
Provision for credit losses672(53)(163)2671292835731,708
Loans charged-off(94)000(47)(290)0(431)
Recoveries121900099970407
Net loans (charged-off) recovered27900052(193)0(24)
Ending balance$28,752$30,655$3,258$1,082$4,366$1,887$598$70,598

Cover / Front Matter

FAQ

What is Lakeland Financial's gross charge-offs?
Lakeland Financial (LKFN) reported gross charge-offs of $431K in Q2 2026.
How has Lakeland Financial's gross charge-offs changed year-over-year?
Lakeland Financial's gross charge-offs decreased by 98.5% year-over-year, from $29.11M to $431K.
What is the long-term trend for Lakeland Financial's gross charge-offs?
Over 2 years (2023 to 2025), Lakeland Financial's gross charge-offs has grown at a 103.7% compound annual growth rate (CAGR), from $7.33M to $30.41M.
What does gross charge-offs mean?
Gross charge-offs

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