Lakeland Financial Corp.
- LKFN ยท Nasdaq
- State Commercial Banks
- Warsaw, IN
- 701 employees
- CIK 0000721994
Updated from SEC filings through
Top things to know
Executives
- David M. Findlay CEO 4, 2026-02-04
- Lisa M. O'Neill EVP & CFO 4, 2026-02-04
- Kristin L. Pruitt President 8-K, 2026-10-26
- Donald Robinson-Gay Senior Vice President 4, 2026-08-06
- Kyra E. Clark Senior Vice President 4, 2026-07-31
- Eric H. Ottinger Executive Vice President 4, 2026-05-01
What leadership is saying
“We are pleased to continue to opportunistically leverage our share repurchase program to demonstrate our confidence in the quality of our performance and the long-term strength of our model, as well as our earnings potential. Our capital position remains robust, enabling us to grow the balance sheet while also returning excess capital to shareholders through a meaningful dividend as well as the common share repurchases”
Earnings press release (8-K Ex. 99.1), filed October 26, 2026
Lakeland Financial Corp is a U.S. public company in state commercial banks (SIC 6022), headquartered in Warsaw, IN. It trades as LKFN on Nasdaq. Revenue was $374M in the fiscal year ending December 31, 2025, +0.2% from the year before. It reported about 701 employees. David M. Findlay is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $374M 10-K, 2026-02-25 | $373M 10-K, 2026-02-25 | $343M 10-K, 2026-02-25 | $240M 10-K, 2025-02-19 | $193M 10-K, 2024-02-21 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $103M 10-K, 2026-02-25 | $93.5M 10-K, 2026-02-25 | $93.8M 10-K, 2026-02-25 | $104M 10-K, 2025-02-19 | $95.7M 10-K, 2024-02-21 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| David M. Findlay President and Chief Executive Officer at Lake City Bank | CEO | 4, 2026-02-04 |
| Lisa M. O'Neill | EVP & CFO | 4, 2026-02-04 |
| Kristin L. Pruitt | President | 8-K, 2026-10-26 |
| Donald Robinson-Gay | Senior Vice President | 4, 2026-08-06 |
| Kyra E. Clark | Senior Vice President | 4, 2026-07-31 |
| Eric H. Ottinger Executive Vice President at Lake City Bank | Executive Vice President | 4, 2026-05-01 |
| Kristin Pruitt President | President | 4, 2026-02-04 |
| Brok A. Lahrman | SVP, Chief Accounting Officer | 4, 2026-02-04 |
| Stephanie R. Leniski | Executive Vice President | 4, 2026-02-04 |
| Carrie Gutman | Senior Vice President | 4, 2026-02-04 |
| Jennifer M. Hurford SVP Treasurer at Lake City Bank | SVP & Treasurer | 4, 2026-02-04 |
| James Rickard Donovan | SVP, General Counsel | 4, 2026-02-04 |
What Lakeland Financial Corp does
Lakeland Financial Corporation ("Lakeland Financial"), an Indiana corporation incorporated in 1983, is a bank holding company headquartered in Warsaw, Indiana that provides, through its wholly owned subsidiary Lake City Bank (the "Bank") and together with Lakeland Financial (the "Company"), a broad array of financial products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 24.7 million (as of October 22, 2026) | 10-Q, October 28, 2026 |
|---|---|---|
| Public float | $1.5B (as of June 30, 2025) | 10-K, February 25, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, October 28, 2026 |
| Latest proxy statement | Meeting February 24, 2026 (filed March 5, 2026) | DEF 14A, March 5, 2026 |
| Auditor | Crowe LLP (Indianapolis, Indiana) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 6, 2026 | Robert E. Bartels Jr Director | Buy | 1,918 | $117K | Form 4, November 9, 2026 |
| October 29, 2026 | Melinda Jo Truex Director | Sale | 22,500 | $1.4M | Form 4, November 2, 2026 |
| August 5, 2026 | Donald Robinson-Gay Senior Vice President | Sale | 500 | $32K | Form 4, August 6, 2026 |
| July 30, 2026 | Kyra E. Clark Senior Vice President | Sale | 250 | $16K | Form 4, July 31, 2026 |
| May 29, 2026 | Bradley J. Toothaker Director | Sale | 5,900 | $358K | Form 4, June 1, 2026 |
| May 6, 2026 | Steven D. Ross Director | Sale | 1,300 | $81K | Form 4, May 6, 2026 |
| May 1, 2026 | Eric H. Ottinger Executive Vice President | Sale | 2,136 | $131K | Form 4, May 1, 2026 |
| March 12, 2026 | M. Scott Welch Director | Buy | 10,000 | $562K | Form 4, March 12, 2026 |
Recent 8-K events
- 8-K filed 2026-10-26
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-13
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-27
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-14
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-27
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-15
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-14
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Lakeland Financial Corp
- What does Lakeland Financial Corp do?
- In its own words, from Item 1 of its 10-K: "Lakeland Financial Corporation ("Lakeland Financial"), an Indiana corporation incorporated in 1983, is a bank holding company headquartered in Warsaw, Indiana that provides, through its wholly owned subsidiary Lake City Bank (the "Bank") and together with Lakeland Financial (the "Company"), a broad array of financial products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services."
- What is Lakeland Financial Corp's revenue?
- $374M for the fiscal year ending December 31, 2025, from its 10-K filed February 25, 2026.
- Is Lakeland Financial Corp profitable?
- Lakeland Financial Corp reported net income of $103M for the fiscal year ending December 31, 2025.
- How many employees does Lakeland Financial Corp have?
- About 701 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Lakeland Financial Corp?
- David M. Findlay, CEO, as named in a 4 filed February 4, 2026.
- Who is the CFO of Lakeland Financial Corp?
- Lisa M. O'Neill, EVP & CFO, as named in a 4 filed February 4, 2026.
- Where is Lakeland Financial Corp headquartered?
- Warsaw, IN.
- What is Lakeland Financial Corp's stock ticker?
- LKFN on Nasdaq.
- What industry is Lakeland Financial Corp in?
- State Commercial Banks, SIC code 6022.
- What is Lakeland Financial Corp's website?
- lakecitybank.com. Investor relations: https://investors.lakecitybank.com/.
- When does Lakeland Financial Corp report earnings next?
- January 25, 2027. Source: estimate_8k_pattern.
- Is Lakeland Financial Corp a public company?
- Yes. Lakeland Financial Corp files with the SEC under CIK 0000721994 and trades as LKFN.
- Who audits Lakeland Financial Corp?
- Crowe LLP, Indianapolis, Indiana, as named in its latest annual report (10-K).
- How many shares of Lakeland Financial Corp are outstanding?
- 24.7 million shares as of October 22, 2026, from its 10-Q filed October 28, 2026.
- What is Lakeland Financial Corp's public float?
- $1.5B as of June 30, 2025, as reported on the cover of its 10-K filed February 25, 2026.
- How many business segments does Lakeland Financial Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed October 28, 2026.
- When is Lakeland Financial Corp's annual shareholder meeting?
- February 24, 2026, per its proxy statement (DEF 14A) filed March 5, 2026.
- Have Lakeland Financial Corp insiders traded stock recently?
- Since July 29, 2025, officers and directors reported 14 open-market sales worth about $3.3M and 5 purchases worth about $1.6M on Forms 4 and 5. The most recent: Robert E. Bartels Jr (Director) bought 1,918 shares on November 6, 2026.