Lakeland Financial (LKFN) Tax Rate (2010 - 2026)
Lakeland Financial's (LKFN) quarterly Tax Rate came in at 18.67% in Q1 2026, up 153.0% year-on-year from 7.38% in Q1 2025, and up 5.28% quarter-over-quarter from 17.73% in Q4 2025.
Lakeland Financial (LKFN) Tax Rate (2010 - 2026) Analysis & Trends
Lakeland Financial has disclosed Tax Rate across 17 years of filings, most recently posting 18.67% for Q1 2026.
- Tax Rate for Q1 2026 came in at 18.67%, up 153.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.03% (up 142.0% YoY), and the FY2025 annual result was 17.7%, up 139.0% from the prior year.
- Tax Rate came in at 18.67% for Q1 2026 at Lakeland Financial, up from 17.73% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 18.67% in Q1 2026 to a low of 11.4% in Q2 2023.
- The 5-year median for Tax Rate is 17.14% (2025), against an average of 16.48%.
- Across the five-year window, Tax Rate plunged 646 bps in 2023 and soared 484 bps in 2024, its largest moves.
- Lakeland Financial's Tax Rate stood at 16.11% in 2022, then climbed by 11 bps to 17.85% in 2023, then dropped by 3 bps to 17.23% in 2024, then advanced by 3 bps to 17.73% in 2025, then increased by 5 bps to 18.67% in 2026.
- The last three Tax Rate figures came in at 18.67% (Q1 2026), 17.73% (Q4 2025), and 17.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Lakeland Financial | 1.57 Bn | 1.41 Bn | - | 18.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.67% |
| Mar 31, 2026 | 18.67% |
| Dec 31, 2025 | 17.73% |
| Dec 31, 2025 | 17.73% |
| Sep 30, 2025 | 17.65% |
| Sep 30, 2025 | 17.65% |
| Jun 30, 2025 | 18.11% |
| Jun 30, 2025 | 18.11% |
| Mar 31, 2025 | 17.14% |
| Mar 31, 2025 | 17.14% |
| Dec 31, 2024 | 17.23% |
| Dec 31, 2024 | 17.23% |
| Sep 30, 2024 | 15.86% |
| Sep 30, 2024 | 15.86% |
| Jun 30, 2024 | 16.24% |
| Jun 30, 2024 | 16.24% |
| Mar 31, 2024 | 15.83% |
| Mar 31, 2024 | 15.83% |
| Dec 31, 2023 | 17.85% |
| Dec 31, 2023 | 17.85% |