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
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