🚀 VC round data is live in beta, check it out!
- Public Comps
- Lakeland Financial
Lakeland Financial Valuation Multiples
Discover revenue and EBITDA valuation multiples for Lakeland Financial and similar public comparables like Stanbic IBTC Holdings, Bank Dhofar, Dime Community Bancshares, Hope Bancorp and more.
Lakeland Financial Overview
About Lakeland Financial
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory, and investment management services. It offers a broad line of products and services throughout its Northern and Central Indiana markets. The company provides commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare.
Founded
1983
HQ

Employees
683
Website
Sectors
Financials (LTM)
EV
$2B
Lakeland Financial Financials
Lakeland Financial reported last 12-month revenue of $275M.
In the same LTM period, Lakeland Financial generated $105M in net income.
Revenue (LTM)
Lakeland Financial P&L
In the most recent fiscal year, Lakeland Financial reported revenue of $269M and net income of $103M.
Lakeland Financial expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $275M | XXX | $269M | XXX | XXX | XXX |
| EBIT Margin | 52% | XXX | 52% | XXX | XXX | XXX |
| Net Profit | $105M | XXX | $103M | XXX | XXX | XXX |
| Net Margin | 38% | XXX | 38% | XXX | XXX | XXX |
| Net Debt | — | — | $43M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Lakeland Financial Stock Performance
Lakeland Financial has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Lakeland Financial's stock price is $61.12.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 1.6% | XXX | XXX | XXX | $3.97 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialLakeland Financial Valuation Multiples
Lakeland Financial trades at 6.5x EV/Revenue multiple.
EV / Revenue (LTM)
Lakeland Financial Financial Valuation Multiples
As of April 11, 2026, Lakeland Financial has market cap of $2B and EV of $2B.
Equity research analysts estimate Lakeland Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lakeland Financial has a P/E ratio of 15.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 6.5x | XXX | 6.6x | XXX | XXX | XXX |
| EV/EBIT | 12.4x | XXX | 12.7x | XXX | XXX | XXX |
| P/E | 15.1x | XXX | 15.4x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 17.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Lakeland Financial Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Lakeland Financial Margins & Growth Rates
Lakeland Financial's revenue in the last 12 month grew by 7%.
Lakeland Financial's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
Lakeland Financial Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 8% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 29% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | 49% | XXX | 49% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Lakeland Financial Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Stanbic IBTC Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Dhofar | XXX | XXX | XXX | XXX | XXX | XXX |
| Dime Community Bancshares | XXX | XXX | XXX | XXX | XXX | XXX |
| Hope Bancorp | XXX | XXX | XXX | XXX | XXX | XXX |
| National Bank of Umm Al-Qaiwain | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Lakeland Financial M&A Activity
Lakeland Financial acquired XXX companies to date.
Last acquisition by Lakeland Financial was on XXXXXXXX, XXXXX. Lakeland Financial acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Lakeland Financial
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialLakeland Financial Investment Activity
Lakeland Financial invested in XXX companies to date.
Lakeland Financial made its latest investment on XXXXXXXX, XXXXX. Lakeland Financial invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Lakeland Financial
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Lakeland Financial
| When was Lakeland Financial founded? | Lakeland Financial was founded in 1983. |
| Where is Lakeland Financial headquartered? | Lakeland Financial is headquartered in United States. |
| How many employees does Lakeland Financial have? | As of today, Lakeland Financial has over 683 employees. |
| Who is the CEO of Lakeland Financial? | Lakeland Financial's CEO is David M. Findlay. |
| Is Lakeland Financial publicly listed? | Yes, Lakeland Financial is a public company listed on Nasdaq. |
| What is the stock symbol of Lakeland Financial? | Lakeland Financial trades under LKFN ticker. |
| When did Lakeland Financial go public? | Lakeland Financial went public in 1995. |
| Who are competitors of Lakeland Financial? | Lakeland Financial main competitors are Stanbic IBTC Holdings, Bank Dhofar, Dime Community Bancshares, Hope Bancorp. |
| What is the current market cap of Lakeland Financial? | Lakeland Financial's current market cap is $2B. |
| What is the current revenue of Lakeland Financial? | Lakeland Financial's last 12 months revenue is $275M. |
| What is the current revenue growth of Lakeland Financial? | Lakeland Financial revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of Lakeland Financial? | Current revenue multiple of Lakeland Financial is 6.5x. |
| Is Lakeland Financial profitable? | Yes, Lakeland Financial is net-income-positive (as of the last 12 months). |
| What is the current net income of Lakeland Financial? | Lakeland Financial's last 12 months net income is $105M. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.