Lakeland Financial (LKFN) Operating Expenses (2010 - 2026)

Lakeland Financial's Operating Expenses history runs 17 years deep, the most recent figure standing at $35.2 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 7.29% year-over-year to $35.2 million; the TTM figure through Mar 2026 stood at $134.0 million (up 5.39% YoY), while the FY2025 annual figure 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.
• A 5-year average of $31.3 million and a median of $30.4 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 53.1% in 2023 and declined 22.0% in 2024, its largest moves.
• Lakeland Financial's Operating Expenses stood at $27.4 million in 2022, then climbed by 7.33% to $29.4 million in 2023, then gained by 4.1% to $30.7 million in 2024, then advanced by 9.11% to $33.4 million in 2025, then climbed by 5.1% to $35.2 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $35.2 million, $33.4 million, and $35.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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