Lakeland Financial (LKFN) Tax Rate (2010 - 2026)
Lakeland Financial (LKFN) reported Tax Rate of 18.06% for Q2 2026, down 0.05 percentage points from 18.11% a year earlier and down 0.61 percentage points from the prior quarter.
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Analysis
Lakeland Financial (LKFN) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lakeland Financial's Tax Rate came in at 18.02%, up 0.89 percentage points year-over-year; for FY2025, it was 17.70%, up 1.39 percentage points from FY2024.
- Tax Rate has a five-year change of -1.11 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 16.31% in FY2024 (+1.29 pp), 15.01% in FY2023 (-2.04 pp), 17.06% in FY2022 (-1.43 pp) and 18.49% in FY2021 (-0.32 pp).
- Five-year quarterly Tax Rate spans a low of 11.40% in Q2 2023 and a high of 18.67% in Q1 2026.
- Year over year, Tax Rate gained in six of the last eight quarters, with an average year-over-year change of +0.89 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2024 (a gain of 4.84 percentage points); the low point was Q2 2023 (a drop of 6.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.67% (Q1 2026), 17.73% (Q4 2025) and 17.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 915.42 Bn | 915.42 Bn | - | 23.98% |
| 2 | Bank Of America | 362.17 Bn | -2,013.94 Bn | - | 22.68% |
| 3 | Hsbc Holdings | 312.94 Bn | -1,790.66 Bn | - | - |
| 4 | Morgan Stanley | 292.32 Bn | -251.71 Bn | - | 23.29% |
| 5 | Royal Bank Of Canada | 286.92 Bn | -543.13 Bn | - | 22.26% |
| 6 | Goldman Sachs | 268.21 Bn | -3,475.24 Bn | - | 24.40% |
| 7 | Wells Fargo & Company | 258.54 Bn | 258.54 Bn | - | 16.36% |
| 8 | Mitsubishi Ufj Financial | 246.80 Bn | -94.59 Bn | 10.89 Bn | 24.29% |
| 9 | American Express | 218.52 Bn | 18.00 Bn | - | 18.08% |
| 10 | Lakeland Financial | 1.56 Bn | 958.17 Mn | - | 19.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.11% |
| Jun 30, 2026 | 18.06% |
| Mar 31, 2026 | 18.67% |
| Dec 31, 2025 | 17.73% |
| Sep 30, 2025 | 17.65% |
| Jun 30, 2025 | 18.11% |
| Mar 31, 2025 | 17.14% |
| Dec 31, 2024 | 17.23% |
| Sep 30, 2024 | 15.86% |
| Jun 30, 2024 | 16.24% |
| Mar 31, 2024 | 15.83% |
| Dec 31, 2023 | 17.85% |
| Sep 30, 2023 | 15.07% |
| Jun 30, 2023 | 11.40% |
| Mar 31, 2023 | 13.44% |
| Dec 31, 2022 | 16.11% |
| Sep 30, 2022 | 17.94% |
| Jun 30, 2022 | 17.86% |
| Mar 31, 2022 | 16.11% |
| Dec 31, 2021 | 18.49% |
API Access
Lakeland Financial Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LKFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LKFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LKFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();