LKFN | Lakeland Financial Corporation Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	241.04M	231.92M	210.13M	197.99M	189.64M	181.70M	163.67M	143.20M	129.81M	126.19M	115.54M	108.49M	114.57M	115.75M	102.75M	86.60M	74.14M	70.59M	67.97M	59.73M	60.63M	56.61M	50.91M	45.42M	44.26M	38.80M	32.10M	5.92M	4.76M	5.06M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	241.04M	231.92M	210.13M	197.99M	189.64M	181.70M	163.67M	143.20M	129.81M	126.19M	115.54M	108.49M	114.57M	115.75M	102.75M	86.60M	74.14M	70.59M	67.97M	59.73M	60.63M	56.61M	50.91M	45.42M	44.26M	38.80M	32.10M	5.92M	4.76M	5.06M
Operating Expenses	246.89M	6.48M	-92.69M	-94.11M	-82.25M	-35.05M	-44.23M	-45.51M	-44.00M	-45.01M	-39.85M	-29.21M	36.75M	36.05M	33.38M	-2.47M	16.86M	10.87M	-10.18M	-21.05M	-21.80M	-15.20M	3.15M	13.02M	5.24M	9.10M	7.40M	27.77M	25.59M	17.97M
Selling, General & Admin	62.51M	60.53M	64.39M	54.21M	54.44M	55.12M	52.05M	47.26M	44.14M	43.66M	40.81M	34.54M	36.46M	34.46M	33.16M	25.92M	23.82M	22.38M	20.54M	19.67M	19.83M	18.50M	17.32M	15.93M	15.91M	14.10M	11.30M	9.57M	8.52M	7.28M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	184.38M	-39.63M	-157.08M	-148.32M	-136.69M	-90.17M	-96.28M	-92.77M	-88.14M	-88.67M	-80.65M	-63.75M	286.00K	1.59M	225.00K	-28.40M	-6.96M	-11.51M	-30.73M	-40.72M	-41.62M	-33.70M	-14.18M	-2.91M	-10.67M	-5.00M	-3.90M	18.20M	17.07M	10.70M
Operating Income	101.58M	161.84M	117.44M	103.88M	107.39M	146.64M	119.44M	97.69M	85.81M	81.17M	75.69M	79.27M	75.19M	67.65M	63.91M	84.12M	90.99M	81.46M	57.79M	38.68M	38.83M	41.41M	54.06M	58.44M	49.50M	47.90M	39.50M	33.69M	30.35M	23.04M
Other Expenses / Income	8.76M	-5.50M	-2.24M	-1.71M	-638.00K	-1.70M	-1.80M	-2.00M	-2.04M	-1.94M	-1.81M	-2.03M	-286.00K	-1.59M	-225.00K	642.00K	N/A	N/A	N/A	N/A	-18.14M	-22.53M	-39.20M	-45.00M	-37.09M	-36.10M	-28.10M	-23.74M	-21.64M	-14.89M
Before Tax Income	110.33M	125.16M	117.44M	103.88M	107.39M	98.94M	89.63M	77.22M	69.20M	66.19M	58.40M	52.58M	45.38M	36.78M	27.85M	28.91M	27.58M	28.23M	27.44M	21.85M	20.69M	18.89M	14.86M	13.44M	12.40M	11.80M	11.40M	9.95M	8.71M	8.15M
Income Tax Expenses	16.57M	21.35M	21.71M	19.54M	20.34M	18.53M	32.30M	25.13M	22.83M	22.39M	19.56M	17.18M	14.72M	12.24M	8.87M	9.21M	8.37M	9.51M	9.48M	7.30M	6.83M	6.52M	4.74M	4.12M	4.08M	3.90M	3.90M	3.50M	3.06M	3.02M
Net Income	93.77M	103.82M	95.73M	84.34M	87.05M	80.41M	57.33M	52.08M	46.37M	43.80M	38.84M	35.39M	30.66M	24.54M	18.98M	19.70M	19.21M	18.72M	17.96M	14.54M	13.87M	12.37M	10.11M	9.32M	8.32M	7.90M	7.50M	6.44M	5.64M	5.13M
Interest Expenses	146.23M	36.68M	15.13M	30.09M	60.16M	47.70M	29.81M	20.47M	16.61M	14.98M	17.30M	26.70M	29.81M	30.87M	36.06M	55.22M	63.42M	53.22M	30.35M	16.83M	18.14M	22.53M	39.20M	45.00M	37.09M	36.10M	28.10M	23.74M	21.64M	14.89M
Basic Shares Outstanding	25.60M	25.53M	25.48M	25.47M	25.59M	25.29M	25.18M	25.06M	24.93M	24.80M	24.65M	24.49M	24.31M	24.18M	19.28M	18.41M	18.28M	18.10M	17.81M	17.64M	17.36M	17.30M	17.44M	17.44M	17.44M	17.44M	17.41M	17.38M	17.26M	17.26M
Diluted Shares Outstanding	25.72M	25.71M	25.62M	25.57M	25.76M	25.73M	25.66M	25.46M	25.25M	25.17M	24.95M	24.72M	24.49M	24.32M	19.43M	18.69M	18.64M	18.56M	17.81M	17.64M	17.36M	17.30M	17.52M	17.44M	17.44M	17.44M	17.41M	17.38M	17.26M	17.26M
EBITDA	N/A	130.99M	121.05M	-1.71M	-638.00K	-1.70M	-1.80M	-2.00M	-2.04M	-1.94M	-1.81M	55.23M	47.58M	38.62M	33.03M	N/A	N/A	N/A	31.52M	30.17M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA Margin	0.00%	56.48%	57.61%	-0.86%	-0.34%	-0.94%	-1.10%	-1.40%	-1.57%	-1.53%	-1.57%	50.91%	41.53%	33.36%	32.15%	0.00%	0.00%	0.00%	46.38%	50.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT	256.56M	161.84M	132.57M	133.97M	167.55M	146.64M	119.44M	97.69M	85.81M	81.17M	75.69M	79.27M	75.19M	67.65M	63.91M	84.12M	90.99M	81.46M	57.79M	38.68M	38.83M	41.41M	54.06M	58.44M	49.50M	47.90M	39.50M	33.69M	30.35M	23.04M
EBIT Margin	106.44%	69.78%	63.09%	67.67%	88.35%	80.71%	72.98%	68.22%	66.10%	64.33%	65.51%	73.07%	65.63%	58.45%	62.20%	97.15%	122.74%	115.40%	85.02%	64.76%	64.05%	73.15%	106.18%	128.67%	111.84%	123.45%	123.05%	569.10%	638.16%	454.92%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31