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Lakeland Financial LKFN Provision for Credit Losses

Discontinued — last reported Q2 '26

Provision for Credit Losses at other companies

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$1.3M-33.3%

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$141.2M+1,011%
Total equity$773.3M+8.9%
Total assets$7.2B+4.0%

Cash flow

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Operating cash flow$34.7M+19.9%
CapEx$4.7M+164%
Free cash flow$30.0M+10.4%

Valuation

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Market cap$1.58B-6.3%
Enterprise value$1.53B+10.0%
P/E14.2×-3.6×
P/S5.7×-1.0×

Profitability

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Net margin39.8%+2.7pp
FCF margin38.8%+0.8pp

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:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

The official record: Lakeland Financial’s 8-K, filed July 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lakeland Financial's provision for credit losses?
Lakeland Financial (LKFN) reported provision for credit losses of $1.71M in Q2 2026.
How has Lakeland Financial's provision for credit losses changed year-over-year?
Lakeland Financial's provision for credit losses decreased by 43.1% year-over-year, from $3M to $1.71M.
What is the long-term trend for Lakeland Financial's provision for credit losses?
Over 4 years (2021 to 2025), Lakeland Financial's provision for credit losses has grown at a 81.9% compound annual growth rate (CAGR), from $1.08M to $11.8M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.