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Lakeland Financial LKFN Data processing and equipment

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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$1.53B-0.4%
Enterprise value$1.49B+19.8%
P/E13.8×-2.5×
P/S5.5×-0.5×

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:InformationTechnologyAndDataProcessing.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Salaries and employee benefits20,49417,09640,78934,998
Net occupancy expense1,9671,7474,0713,727
Equipment costs1,4091,4372,8732,819
Data processing fees and supplies4,3744,1528,6338,417
Corporate and business development1,2421,1602,7352,566
FDIC insurance and other regulatory fees8818391,7541,639
Professional fees1,7851,7063,7224,086
Other expense2,3052,2955,0314,943

Cover / Front Matter

FAQ

What is Lakeland Financial's data processing and equipment?
Lakeland Financial (LKFN) reported data processing and equipment of $4.37M in Q2 2026.
How has Lakeland Financial's data processing and equipment changed year-over-year?
Lakeland Financial's data processing and equipment increased by 5.3% year-over-year, from $4.15M to $4.37M.
What is the long-term trend for Lakeland Financial's data processing and equipment?
Over 4 years (2021 to 2025), Lakeland Financial's data processing and equipment has grown at a 6.9% compound annual growth rate (CAGR), from $12.67M to $16.53M.
What does data processing and equipment mean?
Expenses related to the maintenance, development, and operation of the bank's core banking systems and digital infrastructure. This is a critical indicator of the bank's investment in operational efficiency and cybersecurity.

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