Lakeland Financial Corporation

NASDAQ LKFN

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Lakeland Financial Corporation Operating Cash Flow to Sales Ratio 1 year YoY Change (%) for the year ending December 31, 2023: -54.52%

Lakeland Financial Corporation Operating Cash Flow to Sales Ratio 1 year YoY Change (%) is -54.52% for the year ending December 31, 2023, a -256.39% change year over year. The operating cash flow to sales ratio measures the proportion of a company's operating cash flow to its total sales revenue. It is calculated by dividing the operating cash flow by the revenue. This ratio indicates the company's ability to convert its sales revenue into operating cash flow, reflecting its operational efficiency and cash generation capabilities. A higher ratio suggests a higher level of cash flow generated from sales, indicating strong profitability and effective cash management. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Lakeland Financial Corporation Operating Cash Flow to Sales Ratio for the year ending December 31, 2022 was 73.02%, a 34.86% change year over year.
  • Lakeland Financial Corporation Operating Cash Flow to Sales Ratio for the year ending December 31, 2021 was 54.14%, a 22.89% change year over year.
  • Lakeland Financial Corporation Operating Cash Flow to Sales Ratio for the year ending December 31, 2020 was 44.06%, a -16.48% change year over year.
  • Lakeland Financial Corporation Operating Cash Flow to Sales Ratio for the year ending December 31, 2019 was 52.75%, a -8.69% 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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StockViz Staff

September 20, 2024

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