Lakeland Financial Corporation

NASDAQ LKFN

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Lakeland Financial Corporation Price to Book Ratio (P/B) on June 03, 2024: 2.40

Lakeland Financial Corporation Price to Book Ratio (P/B) is 2.40 on June 03, 2024, a 8.80% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Lakeland Financial Corporation 52-week high Price to Book Ratio (P/B) is 901.51 on January 29, 2024, which is 37,418.70% above the current Price to Book Ratio (P/B).
Lakeland Financial Corporation 52-week low Price to Book Ratio (P/B) is 0.00 on April 19, 2024, which is -99.97% below the current Price to Book Ratio (P/B).
Lakeland Financial Corporation average Price to Book Ratio (P/B) for the last 52 weeks is 22.65.

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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