Lakeland Financial (LKFN) Interest Expense - Deposits (2010 - 2026)

Lakeland Financial has reported Interest Expense - Deposits for 17 years, with the latest figure at $33.4 million in Q1 2026.

• Quarterly Interest Expense - Deposits fell 8.3% year-over-year to $33.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $147.7 million (down 12.11% YoY) and the FY2025 annual result came in at $150.7 million, down 12.75% from the prior year.
• Interest Expense - Deposits eased to $33.4 million in Q1 2026 per LKFN's latest filing, from $36.7 million in the prior quarter.
• Over five years, Interest Expense - Deposits peaked at $45.6 million in Q3 2024 and troughed at $3.1 million in Q1 2022.
• A 5-year average of $31.2 million and a median of $36.7 million in 2025 frame the typical range for Interest Expense - Deposits.
• The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 26.96% in 2022, then surged 708.76% in 2023.
• Over 5 years, Interest Expense - Deposits stood at $18.2 million in 2022, then soared by 131.06% to $42.2 million in 2023, then decreased by 1.13% to $41.7 million in 2024, then slipped by 11.9% to $36.7 million in 2025, then retreated by 8.95% to $33.4 million in 2026.
• According to Business Quant data, Interest Expense - Deposits over the past three periods registered $33.4 million, $36.7 million, and $38.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.