Lakeland Financial LKFN
NASDAQ LKFN
$62.78 +1.63 (+2.67%)
As of: Nov 9, 2026 · 2:41 PM EST

Lakeland Financial (LKFN) Bank-Owned Life Insurance Income (2013 - 2019)

Updated

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

Historic Data

Download Data
DateValue
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