Lakeland Financial
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lakeland Financial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $241,043,000. Profit margin reached 39%. Total operating expenses were $246,893,000.
Profit Margin
| 2014 | 126.18M | 43.80M | 34.71% |
|---|---|---|---|
| 2015 | 129.81M | 46.36M | 35.72% |
| 2016 | 143.19M | 52.08M | 36.37% |
| 2017 | 163.66M | 57.33M | 35.03% |
| 2018 | 181.69M | 80.41M | 44.26% |
| 2019 | 189.63M | 87.04M | 45.9% |
| 2020 | 197.98M | 84.33M | 42.6% |
| 2021 | 210.13M | 95.73M | 45.56% |
| 2022 | 231.92M | 103.81M | 44.76% |
| 2023 | 241.04M | 93.76M | 38.9% |
LKFN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 241.04M | 231.92M | 210.13M | 197.98M | 189.63M | 181.69M | 163.66M | 143.19M | 129.81M | 126.18M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 241.04M | 231.92M | 210.13M | 197.98M | 189.63M | 181.69M | 163.66M | 143.19M | 129.81M | 126.18M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 5.19M | 4.26M | 3.09M | 4.37M | 5.06M | 4.74M | 3.32M | 3.17M | 3.07M |
Total operating expenses | 246.89M | 6.48M | -92.69M | -94.11M | -82.25M | -35.05M | -44.22M | -45.51M | -44.00M | -45.01M |
Operating income | 101.57M | 161.84M | 117.44M | 103.87M | 107.38M | 146.64M | 119.44M | 97.68M | 85.81M | 81.17M |
Other income (expenses), net | 8.75M | -36.68M | 117.44M | -1.70M | 107.38M | -47.69M | -1.79M | -20.47M | -2.04M | -1.93M |
Income before tax | 110.33M | 125.16M | 117.44M | 103.87M | 107.38M | 98.94M | 89.63M | 77.21M | 69.2M | 66.19M |
Income tax expense | 16.56M | 21.34M | 21.71M | 19.53M | 20.33M | 18.53M | 32.30M | 25.13M | 22.83M | 22.38M |
Net income | 93.76M | 103.81M | 95.73M | 84.33M | 87.04M | 80.41M | 57.33M | 52.08M | 46.36M | 43.80M |
Earnings per share | ||||||||||
Basic EPS | 3.66 | 4.07 | 3.76 | 3.31 | 3.4 | 3.18 | 2.28 | 2.08 | 1.86 | 1.77 |
Diluted EPS | 3.65 | 4.04 | 3.74 | 3.3 | 3.38 | 3.13 | 2.23 | 2.05 | 1.83 | 1.74 |
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