Lakeland Financial (LKFN) Rent Expense (2010 - 2026)
Lakeland Financial (LKFN) posted Rent Expense of $2.1 million for Q1 2026, up 9.58% sequentially from $1.9 million in Q4 2025, and up 6.26% YoY from $2.0 million in Q1 2025.
Lakeland Financial (LKFN) Rent Expense (2010 - 2026) Analysis & Trends
Lakeland Financial has reported Rent Expense for 17 years, with the latest figure at $2.1 million in Q1 2026.
- Quarterly Rent Expense rose 6.26% year-over-year to $2.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.6 million (up 7.64% YoY) and the FY2025 annual result came in at $7.5 million, up 9.6% from the prior year.
- Rent Expense advanced to $2.1 million in Q1 2026 per LKFN's latest filing, from $1.9 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.1 million in Q1 2026 and troughed at $1.5 million in Q3 2022.
- A 5-year average of $1.7 million and a median of $1.7 million in 2024 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2022 and 2023: Rent Expense gained 18.29% in 2022, then retreated 3.5% in 2023.
- Over 5 years, Rent Expense stood at $1.5 million in 2022, then fell by 0.54% to $1.5 million in 2023, then gained by 14.8% to $1.7 million in 2024, then gained by 12.54% to $1.9 million in 2025, then grew by 9.58% to $2.1 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $2.1 million, $1.9 million, and $1.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Lakeland Financial | 1.51 Bn | 1.32 Bn | - | 1.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.97 Mn |
| Jun 30, 2026 | 1.97 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | 1.88 Mn |
| Sep 30, 2025 | 1.88 Mn |
| Jun 30, 2025 | 1.75 Mn |
| Jun 30, 2025 | 1.75 Mn |
| Mar 31, 2025 | 1.98 Mn |
| Mar 31, 2025 | 1.98 Mn |
| Dec 31, 2024 | 1.71 Mn |
| Dec 31, 2024 | 1.71 Mn |
| Sep 30, 2024 | 1.72 Mn |
| Sep 30, 2024 | 1.72 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.74 Mn |
| Mar 31, 2024 | 1.74 Mn |