Lakeland Financial (LKFN) Research & Development (2010 - 2026)
Lakeland Financial (LKFN) posted Research & Development of $4.3 million for Q1 2026, up 6.45% sequentially from $4.0 million in Q4 2025, and little changed YoY from $4.3 million in Q1 2025.
Lakeland Financial (LKFN) Research & Development (2010 - 2026) Analysis & Trends
Lakeland Financial has reported Research & Development for 17 years, with the latest figure at $4.3 million in Q1 2026.
- Quarterly Research & Development changed 0.14% year-over-year to $4.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.5 million (up 6.04% YoY) and the FY2025 annual result came in at $16.5 million, up 9.06% from the prior year.
- Research & Development improved to $4.3 million in Q1 2026 per LKFN's latest filing, from $4.0 million in the prior quarter.
- Over five years, Research & Development peaked at $4.3 million in Q1 2025 and troughed at $3.1 million in Q1 2022.
- A 5-year average of $3.7 million and a median of $3.7 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development fell 7.17% in 2022, then rose 12.04% in 2023.
- Over 5 years, Research & Development stood at $3.3 million in 2022, then gained by 11.52% to $3.7 million in 2023, then grew by 1.19% to $3.7 million in 2024, then advanced by 6.92% to $4.0 million in 2025, then rose by 6.45% to $4.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $4.3 million, $4.0 million, and $4.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Lakeland Financial | 1.52 Bn | 1.32 Bn | - | 4.37 Mn |
Historic Data
Download 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 |