Lakeland Financial Corporation (LKFN) - Net Assets

Latest as of December 2025: $762.49 Million USD

Based on the latest financial reports, Lakeland Financial Corporation (LKFN) has net assets worth $762.49 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.99 Billion) and total liabilities ($6.23 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LKFN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$762.49 Million
% of Total Assets	10.91%
Annual Growth Rate	11.01%
5-Year Change	8.17%
10-Year Change	78.54%
Growth Volatility	15.87

Lakeland Financial Corporation - Net Assets Trend (1994–2025)

This chart illustrates how Lakeland Financial Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Lakeland Financial Corporation (LKFN) total assets for the complete picture of this company's asset base.

Annual Net Assets for Lakeland Financial Corporation (1994–2025)

The table below shows the annual net assets of Lakeland Financial Corporation from 1994 to 2025. For live valuation and market cap data, see LKFN company net worth.

Year	Net Assets	Change
2025-12-31	$762.49 Million	+11.49%
2024-12-31	$683.91 Million	+5.25%
2023-12-31	$649.79 Million	+14.22%
2022-12-31	$568.89 Million	-19.30%
2021-12-31	$704.91 Million	+7.26%
2020-12-31	$657.18 Million	+9.88%
2019-12-31	$598.10 Million	+14.64%
2018-12-31	$521.70 Million	+11.32%
2017-12-31	$468.67 Million	+9.74%
2016-12-31	$427.07 Million	+8.70%
2015-12-31	$392.90 Million	+8.72%
2014-12-31	$361.38 Million	+12.24%
2013-12-31	$321.96 Million	+8.10%
2012-12-31	$297.83 Million	+8.98%
2011-12-31	$273.29 Million	+10.60%
2010-12-31	$247.09 Million	-11.78%
2009-12-31	$280.08 Million	+86.87%
2008-12-31	$149.88 Million	+2.47%
2007-12-31	$146.27 Million	+12.35%
2006-12-31	$130.19 Million	+14.87%
2005-12-31	$113.33 Million	+11.37%
2004-12-31	$101.77 Million	+13.04%
2003-12-31	$90.02 Million	+7.32%
2002-12-31	$83.88 Million	+14.07%
2001-12-31	$73.53 Million	+13.18%
2000-12-31	$64.97 Million	+19.89%
1999-12-31	$54.19 Million	-1.82%
1998-12-31	$55.20 Million	+14.29%
1997-12-31	$48.30 Million	+14.88%
1996-12-31	$42.04 Million	+14.39%
1995-12-31	$36.75 Million	+22.97%
1994-12-31	$29.89 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Lakeland Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 3438.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	$788.35 Million	103.40%
Common Stock	$136.97 Million	17.96%
Other Comprehensive Income	$-127.14 Million	-16.68%
Total Equity	$762.40 Million	100.00%

Lakeland Financial Corporation Competitors by Market Cap

The table below lists competitors of Lakeland Financial Corporation ranked by their market capitalization.

Company	Market Cap
Ircon International Limited NSE:IRCON	$1.55 Billion
Shanghai Zijiang Enterprise Group Co Ltd SHG:600210	$1.55 Billion
Sichuan Chengfei Integration Technology Corp Ltd SHE:002190	$1.55 Billion
Naruida Technology Co. Ltd. Cl A SHG:688522	$1.55 Billion
Global Brands Manufacture Ltd TW:6191	$1.55 Billion
Digiwin Software Co Ltd SHE:300378	$1.55 Billion
Enviri Corporation NYSE:NVRI	$1.55 Billion
Greenbrier Companies Inc NYSE:GBX	$1.55 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Lakeland Financial Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 683,822,000 to 762,403,000, a change of 78,581,000 (11.5%).
Net income of 103,361,000 contributed positively to equity growth.
Other comprehensive income increased equity by 39,363,000.
Other factors decreased equity by 64,143,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$103.36 Million	+13.56%
Other Comprehensive Income	$39.36 Million	+5.16%
Other Changes	$-64.14 Million	-8.41%
Total Change	$-	11.49%

Book Value vs Market Value Analysis

This analysis compares Lakeland Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.07x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 35.45x to 2.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	$1.73	$61.38	x
1995-12-31	$2.13	$61.38	x
1996-12-31	$2.42	$61.38	x
1997-12-31	$2.77	$61.38	x
1998-12-31	$3.16	$61.38	x
1999-12-31	$3.11	$61.38	x
2000-12-31	$3.73	$61.38	x
2001-12-31	$4.20	$61.38	x
2002-12-31	$4.69	$61.38	x
2003-12-31	$5.00	$61.38	x
2004-12-31	$5.59	$61.38	x
2005-12-31	$6.15	$61.38	x
2006-12-31	$7.01	$61.38	x
2007-12-31	$7.85	$61.38	x
2008-12-31	$8.02	$61.38	x
2009-12-31	$14.41	$61.38	x
2010-12-31	$10.16	$61.38	x
2011-12-31	$11.16	$61.38	x
2012-12-31	$12.04	$61.38	x
2013-12-31	$12.90	$61.38	x
2014-12-31	$14.35	$61.38	x
2015-12-31	$15.56	$61.38	x
2016-12-31	$16.77	$61.38	x
2017-12-31	$18.26	$61.38	x
2018-12-31	$20.27	$61.38	x
2019-12-31	$23.22	$61.38	x
2020-12-31	$25.69	$61.38	x
2021-12-31	$27.51	$61.38	x
2022-12-31	$22.12	$61.38	x
2023-12-31	$25.26	$61.38	x
2024-12-31	$26.54	$61.38	x
2025-12-31	$29.58	$61.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lakeland Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 13.56%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.51%
• Asset Turnover: 0.06x
• Equity Multiplier: 9.17x
Recent ROE (13.56%) is below the historical average (13.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	17.15%	25.69%	0.04x	16.63x	$2.14 Million
1995	15.36%	21.38%	0.05x	15.47x	$1.97 Million
1996	15.33%	21.73%	0.05x	15.62x	$2.24 Million
1997	15.53%	12.46%	0.08x	16.49x	$2.67 Million
1998	14.31%	10.55%	0.08x	17.73x	$2.38 Million
1999	15.35%	10.23%	0.08x	19.19x	$2.90 Million
2000	14.35%	10.25%	0.08x	17.69x	$2.82 Million
2001	13.75%	11.22%	0.08x	15.47x	$2.76 Million
2002	14.74%	15.61%	0.06x	14.88x	$3.98 Million
2003	15.40%	17.60%	0.06x	14.12x	$4.86 Million
2004	14.29%	19.00%	0.05x	14.28x	$4.37 Million
2005	15.85%	18.26%	0.06x	14.42x	$6.62 Million
2006	14.38%	15.12%	0.07x	14.11x	$5.70 Million
2007	13.13%	13.97%	0.07x	13.60x	$4.58 Million
2008	13.14%	13.89%	0.06x	15.86x	$4.71 Million
2009	6.78%	13.69%	0.05x	9.18x	$-9.02 Million
2010	9.94%	17.39%	0.05x	10.86x	$-156.70K
2011	11.22%	21.83%	0.05x	10.58x	$3.34 Million
2012	11.89%	26.18%	0.04x	10.29x	$5.62 Million
2013	12.07%	29.24%	0.04x	9.87x	$6.65 Million
2014	12.12%	31.03%	0.04x	9.53x	$7.68 Million
2015	11.80%	31.67%	0.04x	9.59x	$7.09 Million
2016	12.20%	31.82%	0.04x	10.05x	$9.39 Million
2017	12.23%	29.63%	0.04x	9.99x	$10.47 Million
2018	15.42%	35.02%	0.05x	9.35x	$28.25 Million
2019	14.56%	34.85%	0.05x	8.27x	$27.25 Million
2020	12.83%	36.98%	0.04x	8.87x	$18.63 Million
2021	13.58%	40.23%	0.04x	9.30x	$25.25 Million
2022	18.25%	36.89%	0.04x	11.31x	$46.94 Million
2023	14.43%	27.32%	0.05x	10.04x	$28.80 Million
2024	13.67%	21.74%	0.06x	9.77x	$25.10 Million
2025	13.56%	24.51%	0.06x	9.17x	$27.12 Million

Industry Comparison

This section compares Lakeland Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $552,557,300
Average return on equity (ROE) among peers: 11.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lakeland Financial Corporation (LKFN)	$762.49 Million	17.15%	8.17x	$1.55 Billion
Ameris Bancorp (ABCB)	$1.46 Billion	8.31%	6.86x	$4.95 Billion
Ameris Bancorp (ABCB)	$120.94 Million	10.83%	9.48x	$5.70 Billion
ACNB Corporation (ACNB)	$74.01 Million	9.97%	11.77x	$483.21 Million
Affinity Bancshares Inc (AFBI)	$129.12 Million	4.21%	5.71x	$135.98 Million
Alerus Financial Corp (ALRS)	$153.31 Million	13.22%	8.01x	$647.19 Million
Amalgamated Bank (AMAL)	$535.82 Million	8.62%	10.16x	$1.14 Billion
Amerant Bancorp Inc. (AMTB)	$901.22 Million	12.53%	7.48x	$962.39 Million
Arrow Financial Corporation (AROW)	$72.29 Million	17.85%	12.85x	$601.02 Million
Associated Banc-Corp (ASB)	$2.02 Billion	12.80%	9.17x	$5.20 Billion
AmeriServ Financial Inc (ASRV)	$65.10 Million	11.83%	10.90x	$62.60 Million

About Lakeland Financial Corporation

NASDAQ:LKFN USA Banks - Regional

Market Cap

$1.55 Billion

Market Cap Rank

#7254 Global

#2090 in USA

Share Price

$61.38

Change (1 day)

+1.42%

52-Week Range

$55.03 - $68.73

All Time High

$78.11