Lakeland Financial (LKFN) Interest Expense - Deposits (2010 - 2026)
Lakeland Financial (LKFN) recorded Interest Expense - Deposits of $36.47 million in Q3 2026, down 5.1% from $38.45 million a year earlier but up 0.2% from the prior quarter.
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Analysis
Lakeland Financial (LKFN) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
On a TTM basis, Lakeland Financial's Interest Expense - Deposits came in at $142.99 million as of Sep 30, 2026, down 8.2% year-over-year; for FY2025, it came in at $150.73 million, down 12.8% from FY2024.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 38.7% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $172.76 million in FY2024 (+25.4%), $137.79 million in FY2023 (+279.8%), $36.28 million in FY2022 (+144.7%) and $14.83 million in FY2021 (-49.5%).
- Quarterly Interest Expense - Deposits has ranged from $3.08 million in Q1 2022 to $45.56 million in Q3 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Deposits has declined for eight consecutive quarters, with an average decline of 9.0% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 708.8% in Q1 2023, against a decline of 35.4% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $36.38 million (Q2 2026), $33.43 million (Q1 2026) and $36.72 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 11.40 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 7.61 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 7.85 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 3.09 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 5.09 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 5.85 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 3.48 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 1.24 Bn |
| 10 | Lakeland Financial | 1.53 Bn | 928.64 Mn | - | 36.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.47 Mn |
| Jun 30, 2026 | 36.38 Mn |
| Mar 31, 2026 | 33.43 Mn |
| Dec 31, 2025 | 36.72 Mn |
| Sep 30, 2025 | 38.45 Mn |
| Jun 30, 2025 | 39.11 Mn |
| Mar 31, 2025 | 36.46 Mn |
| Dec 31, 2024 | 41.68 Mn |
| Sep 30, 2024 | 45.56 Mn |
| Jun 30, 2024 | 44.36 Mn |
| Mar 31, 2024 | 41.16 Mn |
| Dec 31, 2023 | 42.15 Mn |
| Sep 30, 2023 | 37.11 Mn |
| Jun 30, 2023 | 33.61 Mn |
| Mar 31, 2023 | 24.92 Mn |
| Dec 31, 2022 | 18.24 Mn |
| Sep 30, 2022 | 10.07 Mn |
| Jun 30, 2022 | 4.89 Mn |
| Mar 31, 2022 | 3.08 Mn |
| Dec 31, 2021 | 3.24 Mn |
API Access
Lakeland Financial Interest Expense - Deposits 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=interest-expense-deposits&ticker=LKFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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=interest-expense-deposits&ticker=LKFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();