Lakeland Financial (LKFN) Rent Expense (2010 - 2026)

Lakeland Financial (LKFN) has 17 years of Rent Expense data on file, last reported at $2.1 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense rose 6.26% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $7.6 million (up 7.64% YoY), and the FY2025 full-year result was $7.5 million, up 9.6% from the prior year.
• Rent Expense advanced to $2.1 million in Q1 2026, from $1.9 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $2.1 million in Q1 2026 to a low of $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.
• Across the five-year window, Rent Expense increased 18.29% in 2022 and declined 3.5% in 2023, its largest moves.
• Tracing LKFN's Rent Expense over 5 years: stood at $1.5 million in 2022, then slipped by 0.54% to $1.5 million in 2023, then grew by 14.8% to $1.7 million in 2024, then grew by 12.54% to $1.9 million in 2025, then gained by 9.58% to $2.1 million in 2026.
• Business Quant data shows LKFN's Rent Expense at $2.1 million in Q1 2026, $1.9 million in Q4 2025, and $1.9 million in Q3 2025.