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

Lakeland Financial's Rent Expense history runs 17 years deep, the most recent figure standing at $2.1 million for Q1 2026.

• In Q1 2026, Rent Expense rose 6.26% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $7.6 million (up 7.64% YoY), while the FY2025 annual figure was $7.5 million, up 9.6% from the prior year.
• Rent Expense came in at $2.1 million for Q1 2026 at Lakeland Financial, up 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 rose 18.29% in 2022 and fell 3.5% in 2023, its largest moves.
• Lakeland Financial's Rent Expense stood at $1.5 million in 2022, then declined by 0.54% to $1.5 million in 2023, then rose by 14.8% to $1.7 million in 2024, then rose by 12.54% to $1.9 million in 2025, then climbed 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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