Lakeland Financial (LKFN) Research & Development (2010 - 2026)
Lakeland Financial's (LKFN) quarterly Research & Development came in at $4.4 million in Q2 2026, up 5.35% year-over-year from $4.2 million in Q2 2025, and up 2.7% quarter-over-quarter from $4.3 million in Q1 2026.
Analysis
Lakeland Financial (LKFN) Research & Development (2010 - 2026) Analysis & Trends
Lakeland Financial has disclosed Research & Development across 17 years of filings, most recently posting $4.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 5.35% year-over-year to $4.4 million; the TTM figure through Jun 2026 stood at $16.8 million (up 5.17% YoY), while the FY2025 annual figure was $16.5 million, up 9.06% from the prior year.
- Research & Development came in at $4.4 million for Q2 2026 at Lakeland Financial, up from $4.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.4 million in Q2 2026 to a low of $3.1 million in Q1 2022.
- Average Research & Development over 5 years is $3.7 million, with a median of $3.8 million recorded in 2024.
- Year-over-year, Research & Development declined 7.17% in 2022 and increased 12.04% in 2023.
- Over 5 years, Research & Development stood at $3.3 million in 2022, then increased by 11.52% to $3.7 million in 2023, then advanced by 1.19% to $3.7 million in 2024, then rose by 6.92% to $4.0 million in 2025, then gained by 9.32% to $4.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $4.4 million in Q2 2026, $4.3 million in Q1 2026, and $4.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | Lakeland Financial | 1.51 Bn | 1.31 Bn | - | 4.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.37 Mn |
| Mar 31, 2026 | 4.26 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Sep 30, 2025 | 4.12 Mn |
| Jun 30, 2025 | 4.15 Mn |
| Mar 31, 2025 | 4.27 Mn |
| Dec 31, 2024 | 3.74 Mn |
| Sep 30, 2024 | 3.77 Mn |
| Jun 30, 2024 | 3.81 Mn |
| Mar 31, 2024 | 3.84 Mn |
| Dec 31, 2023 | 3.70 Mn |
| Sep 30, 2023 | 3.38 Mn |
| Jun 30, 2023 | 3.47 Mn |
| Mar 31, 2023 | 3.45 Mn |
| Dec 31, 2022 | 3.32 Mn |
| Sep 30, 2022 | 3.23 Mn |
| Jun 30, 2022 | 3.20 Mn |
| Mar 31, 2022 | 3.08 Mn |
| Dec 31, 2021 | 2.98 Mn |
| Sep 30, 2021 | 3.17 Mn |