Lakeland Financial (LKFN) Bank-Owned Life Insurance Income (2013 - 2019)
Lakeland Financial's Bank-Owned Life Insurance Income was $3.13 million in FY2023, up 625.2% from $432,000 in FY2022.
Analysis
Lakeland Financial (LKFN) Bank-Owned Life Insurance Income (2013 - 2019) Analysis & Trends
From FY2011 onward, Lakeland Financial has reported Bank-Owned Life Insurance Income for 13 years.
- Bank-Owned Life Insurance Income shows a five-year compound annual growth rate of 20.3% (FY2018 to FY2023).
- The FY2023 figure marks the highest annual Bank-Owned Life Insurance Income in data going back to FY2011.
- Per Business Quant data, Bank-Owned Life Insurance Income in earlier years was $432,000 in FY2022 (-82.5%), $2.47 million in FY2021 (+17.2%), $2.11 million in FY2020 (+11.4%) and $1.89 million in FY2019 (+51.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 916.22 Bn | 916.22 Bn | - | - |
| 2 | Bank Of America | 363.07 Bn | -2,013.04 Bn | - | - |
| 3 | Hsbc Holdings | 314.49 Bn | -1,789.11 Bn | - | - |
| 4 | Morgan Stanley | 291.03 Bn | -253.00 Bn | - | - |
| 5 | Royal Bank Of Canada | 287.64 Bn | -542.40 Bn | - | - |
| 6 | Goldman Sachs | 268.31 Bn | -3,475.14 Bn | - | - |
| 7 | Wells Fargo & Company | 258.92 Bn | 258.92 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 247.26 Bn | -94.13 Bn | 10.89 Bn | - |
| 9 | American Express | 218.56 Bn | 18.05 Bn | - | - |
| 10 | Lakeland Financial | 1.57 Bn | 964.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 644,000.00 |
| Sep 30, 2019 | 515,000.00 |
| Jun 30, 2019 | 287,000.00 |
| Mar 31, 2019 | 444,000.00 |
| Dec 31, 2018 | 67,000.00 |
| Sep 30, 2018 | 466,000.00 |
| Jun 30, 2018 | 348,000.00 |
| Mar 31, 2018 | 363,000.00 |
| Dec 31, 2017 | 498,000.00 |
| Sep 30, 2017 | 397,000.00 |
| Jun 30, 2017 | 402,000.00 |
| Mar 31, 2017 | 471,000.00 |
| Dec 31, 2016 | 338,000.00 |
| Sep 30, 2016 | 392,000.00 |
| Jun 30, 2016 | 489,000.00 |
| Mar 31, 2016 | 173,000.00 |
| Dec 31, 2015 | 382,000.00 |
| Sep 30, 2015 | 221,000.00 |
| Jun 30, 2015 | 360,000.00 |
| Mar 31, 2015 | 375,000.00 |
API Access
Lakeland Financial Bank-Owned Life Insurance Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=bank-owned-life-insurance-income&ticker=LKFN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance-income", "ticker": "LKFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=bank-owned-life-insurance-income&ticker=LKFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();