Lakeland Financial (LKFN) Operating Expenses (2010 - 2026)
Lakeland Financial's (LKFN) quarterly Operating Expenses came in at $35.2 million in Q1 2026, up 7.29% year-on-year from $32.8 million in Q1 2025, and up 5.1% quarter-over-quarter from $33.4 million in Q4 2025.
Lakeland Financial (LKFN) Operating Expenses (2010 - 2026) Analysis & Trends
Lakeland Financial has disclosed Operating Expenses across 17 years of filings, most recently posting $35.2 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $35.2 million, up 7.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $134.0 million (up 5.39% YoY), and the FY2025 annual result was $131.6 million, up 5.21% from the prior year.
- Operating Expenses came in at $35.2 million for Q1 2026 at Lakeland Financial, up from $33.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $42.7 million in Q2 2023 to a low of $27.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $30.4 million (2025), against an average of $31.3 million.
- Across the five-year window, Operating Expenses jumped 53.1% in 2023 and dropped 22.0% in 2024, its largest moves.
- Lakeland Financial's Operating Expenses stood at $27.4 million in 2022, then advanced by 7.33% to $29.4 million in 2023, then rose by 4.1% to $30.7 million in 2024, then gained by 9.11% to $33.4 million in 2025, then advanced by 5.1% to $35.2 million in 2026.
- The last three Operating Expenses figures came in at $35.2 million (Q1 2026), $33.4 million (Q4 2025), and $35.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Lakeland Financial | 1.57 Bn | 1.41 Bn | - | 35.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.15 Mn |
| Dec 31, 2025 | 33.45 Mn |
| Sep 30, 2025 | 34.97 Mn |
| Jun 30, 2025 | 30.43 Mn |
| Mar 31, 2025 | 32.76 Mn |
| Dec 31, 2024 | 30.65 Mn |
| Sep 30, 2024 | 30.39 Mn |
| Jun 30, 2024 | 33.33 Mn |
| Mar 31, 2024 | 30.71 Mn |
| Dec 31, 2023 | 29.45 Mn |
| Sep 30, 2023 | 29.10 Mn |
| Jun 30, 2023 | 42.73 Mn |
| Mar 31, 2023 | 29.43 Mn |
| Dec 31, 2022 | 27.43 Mn |
| Sep 30, 2022 | 27.89 Mn |
| Jun 30, 2022 | 27.91 Mn |
| Mar 31, 2022 | 26.97 Mn |
| Dec 31, 2021 | 24.93 Mn |
| Sep 30, 2021 | 25.97 Mn |
| Jun 30, 2021 | 26.65 Mn |