LKFN Lakeland Financial PE ratio, current and historical analysis
The current PE ratio for Lakeland Financial stock as of Feb 21, 2025 is 18.02. This is calculated based on the current EPS of $3.64 and the stock price of $65.59 per share. The PE ratio has grown by 3.5% from the past four quarters average of 17.4.
LKFN PE ratio history
The average historical PE ratio of Lakeland Financial for the last ten years is 16.84. The current P/E ratio of 18.02 is 7% higher than the historical average. In the past ten years, LKFN's PE ratio peaked in the Dec 2016 quarter at 22.77, when the stock price was $47.36 and the EPS was $2.08. The lowest point was in the Mar 2020 quarter, when it reached 11.38 with a price of $36.75 and an EPS of $3.23.
Lakeland Financial PE ratio by year
Maximum annual increase: 39.39% in 2013
Maximum annual decrease: -40.62% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 18.89 | 6.42% | $68.76 | $3.64 |
| 2023 | 17.75 | -1% | $65.16 | $3.67 |
| 2022 | 17.93 | -15.86% | $72.97 | $4.07 |
| 2021 | 21.31 | 31.62% | $80.14 | $3.76 |
| 2020 | 16.19 | 12.51% | $53.58 | $3.31 |
| 2019 | 14.39 | 13.94% | $48.93 | $3.4 |
| 2018 | 12.63 | -40.62% | $40.16 | $3.18 |
| 2017 | 21.27 | -6.59% | $48.49 | $2.28 |
| 2016 | 22.77 | 36.27% | $47.36 | $2.08 |
| 2015 | 16.71 | 2.08% | $31.08 | $1.86 |
| 2014 | 16.37 | -1.15% | $28.98 | $1.77 |
| 2013 | 16.56 | 39.39% | $26 | $1.57 |
| 2012 | 11.88 | -13.22% | $17.23 | $1.45 |
| 2011 | 13.69 | -15.81% | $17.25 | $1.26 |
| 2010 | 16.26 | 20.18% | $14.31 | $0.88 |
Lakeland Financial PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 18.89 | 11.97% | $68.76 | $3.64 |
| Sep 2024 | 16.87 | 8.07% | $65.12 | $3.86 |
| Jun 2024 | 15.61 | -14.56% | $61.52 | $3.94 |
| Mar 2024 | 18.27 | 2.93% | $66.32 | $3.63 |
| Dec 2023 | 17.75 | 32.07% | $65.16 | $3.67 |
| Sep 2023 | 13.44 | 1.36% | $47.46 | $3.53 |
| Jun 2023 | 13.26 | -13.45% | $48.52 | $3.66 |
| Mar 2023 | 15.32 | -14.56% | $62.64 | $4.09 |
| Dec 2022 | 17.93 | -1.48% | $72.97 | $4.07 |
| Sep 2022 | 18.2 | 4.96% | $72.81 | $4 |
| Jun 2022 | 17.34 | -9.97% | $66.42 | $3.83 |
| Mar 2022 | 19.26 | -9.62% | $73 | $3.79 |
| Dec 2021 | 21.31 | 13.05% | $80.14 | $3.76 |
| Sep 2021 | 18.85 | 13.76% | $71.24 | $3.78 |
| Jun 2021 | 16.57 | -15.46% | $61.64 | $3.72 |
LKFN average PE ratio chart
The current PE ratio of LKFN is higher than its 3, 5 and 10-year historical averages.
LKFN PE vs peers
In comparison to its peer HBNC, LKFN's PE ratio is lower, but it is higher than ONB's and FRME's. Lakeland Financial's PE ratio is trading above the peer group average of 17.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRCE 1St Source Corp | 11.91 | $1.57B |
| THFF First Financial Corp | 13.6 | $592.66M |
| ONB Old National Bancorp | 13.88 | $7.48B |
| GABC German American Bancorp Inc | 14.23 | $1.17B |
| FRME First Merchants Corp | 14.38 | $2.55B |
| LKFN Lakeland Financial Corp | 18.02 | $1.68B |
| HBNC Horizon Bancorp Inc | 34.94 | $733.1M |
Frequently asked questions
What is Lakeland Financial's PE ratio?
The price to earnings ratio for LKFN stock as of Feb 21, 2025, stands at 18.02.
What is the 3-year average PE ratio for Lakeland Financial (LKFN)?
Over the last 3 years, the average price to earnings ratio for LKFN stock is 16.85.
What is the 5-year average PE ratio for Lakeland Financial (LKFN)?
Over the last 5 years, the average price to earnings ratio for LKFN stock is 16.69.
What is the highest PE ratio for LKFN?
The highest quarterly PE ratio in the last ten years has been 22.77 and it was in the Dec 2016 quarter.
How does the current PE ratio for LKFN compare to its historical average?
The current price to earnings ratio of LKFN is 7% higher than the 10-year historical average.
How is LKFN's PE ratio calculated (Lakeland Financial PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Lakeland Financial's stock price is $65.59. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.64. Therefore, Lakeland Financial's PE ratio for today is 18.02. PE RATIO(18.02) = STOCK PRICE($65.59) / TTM EPS($3.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.