Lakeland Financial Corporation

NASDAQ LKFN

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Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) 3 year CAGR for the year ending December 31, 2023: 1.43%

Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) 3 year CAGR is 1.43% for the year ending December 31, 2023, a -90.41% change year over year. Net Operating Profit After Taxes (NOPAT) is a financial metric that represents a company's operating profit after deducting taxes. It is calculated by multiplying the earnings before interest and taxes (EBIT) by (1 - tax rate). NOPAT provides insights into the company's profitability from its core operations while accounting for the impact of taxes. It is useful for assessing the company's operating performance and comparing profitability across different tax environments. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2022 was 139,862,311.50, a 36.36% change year over year.
Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2021 was 102,569,557.60, a 14.13% change year over year.
Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2020 was 89,869,291.56, a -2.61% change year over year.
Lakeland Financial Corporation Net Operating Profit After Tax (NOPAT) for the year ending December 31, 2019 was 92,281,898.04, a -25.69% change year over year.

NASDAQ: LKFN

Lakeland Financial Corporation

CEO	Mr. David M. Findlay
IPO Date	Aug. 15, 1997
Location	United States
Headquarters	202 East Center Street, Warsaw, IN, United States, 46581-1387
Employees	628
Sector	Financial Services
Industry	Banks - regional

Description

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. 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, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides 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 mobile 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. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

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