Lakeland Financial (LKFN) Provision for Credit Losses (2010 - 2026)
Lakeland Financial (LKFN) reported Provision for Credit Losses of $1.2 million for Q3 2026, down 40.0% from $2 million a year earlier and down 29.7% from the prior quarter.
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Analysis
Lakeland Financial (LKFN) Provision for Credit Losses (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Lakeland Financial's Provision for Credit Losses came in at $4.91 million, down 68.3% year-over-year; for FY2025, it came in at $11.8 million, down 29.6% from FY2024.
- Provision for Credit Losses has a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- By year, Provision for Credit Losses came in at $16.75 million in FY2024 (+186.3%), $5.85 million in FY2023 (-37.6%), $9.38 million in FY2022 (+770.5%) and $1.08 million in FY2021 (-92.7%).
- The Q3 2026 figure ranks as the lowest quarterly Provision for Credit Losses since Q4 2023.
- Year over year, Provision for Credit Losses has now declined in each of the last three quarters, with growth averaging 15.7% over the last six quarters.
- The high point for year-over-year Provision for Credit Losses in five years was Q2 2024 (growth of 960.0%); the low point was Q4 2023 (a decline of 96.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 2.74 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 1.24 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 717.20 Mn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 103.00 Mn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 368.00 Mn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 1.03 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 985.00 Mn |
| 10 | Lakeland Financial | 1.53 Bn | 928.64 Mn | - | 1.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.20 Mn |
| Jun 30, 2026 | 1.71 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 3.00 Mn |
| Mar 31, 2025 | 6.80 Mn |
| Dec 31, 2024 | 3.69 Mn |
| Sep 30, 2024 | 3.06 Mn |
| Jun 30, 2024 | 8.48 Mn |
| Mar 31, 2024 | 1.52 Mn |
| Dec 31, 2023 | 300,000.00 |
| Sep 30, 2023 | 400,000.00 |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | 4.35 Mn |
| Dec 31, 2022 | 8.96 Mn |
| Mar 31, 2022 | 417,000.00 |
| Sep 30, 2021 | 1.30 Mn |
| Jun 30, 2021 | -1.70 Mn |
| Mar 31, 2021 | 1.48 Mn |
| Dec 31, 2020 | 920,000.00 |
API Access
Lakeland Financial Provision for Credit Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=LKFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "ticker": "LKFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=LKFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();