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

Lakeland Financial (LKFN) reported Operating Expenses of $35.2 million for Q1 2026, up 7.29% on a YoY basis from $32.8 million in Q1 2025, and up 5.1% sequentially from $33.4 million in Q4 2025.

Lakeland Financial (LKFN) Operating Expenses (2010 - 2026) Analysis & Trends

Lakeland Financial (LKFN) has 17 years of Operating Expenses data on file, last reported at $35.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 7.29% year-over-year to $35.2 million; the trailing twelve-month figure through Mar 2026 stood at $134.0 million (up 5.39% YoY), and the FY2025 full-year result was $131.6 million, up 5.21% from the prior year.
  • Operating Expenses climbed to $35.2 million in Q1 2026, 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 jumped 53.1% in 2023 and dropped 22.0% in 2024, its largest moves.
  • Tracing LKFN's Operating Expenses over 5 years: stood at $27.4 million in 2022, then gained by 7.33% to $29.4 million in 2023, then increased by 4.1% to $30.7 million in 2024, then rose by 9.11% to $33.4 million in 2025, then gained by 5.1% to $35.2 million in 2026.
  • Business Quant data shows LKFN's Operating Expenses at $35.2 million in Q1 2026, $33.4 million in Q4 2025, and $35.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -19.71 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.04 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -287,925.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -2.75 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -17.40 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -3.86 Bn
7 First Capital 200.03 Bn 199.69 Bn - 7.75 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 3.77 Bn
10 Lakeland Financial 1.59 Bn 1.44 Bn - 35.15 Mn

Historic Data

Download Data
DateValue
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