Lakeland Financial annual operating expenses
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Lakeland Financial Operating Expenses Growth & History (LKFN)
Lakeland Financial's operating expenses was $131.6M for fiscal 2025.
View full Lakeland Financial company overviewLakeland Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $131.6M | $6.5M | +5.21% |
| 2024 | 2024-12-31 | $125.1M | −$5.6M | −4.30% |
| 2023 | 2023-12-31 | $130.7M | $20.5M | +18.60% |
| 2022 | 2022-12-31 | $110.2M | $5.9M | +5.68% |
| 2021 | 2021-12-31 | $104.3M | $13.1M | +14.34% |
| 2020 | 2020-12-31 | $91.2M | $1.8M | +1.99% |
| 2019 | 2019-12-31 | $89.4M | $3.2M | +3.71% |
| 2018 | 2018-12-31 | $86.2M | $6.9M | +8.74% |
| 2017 | 2017-12-31 | $79.3M | $6.3M | +8.66% |
| 2016 | 2016-12-31 | $73.0M | $4.8M | +7.00% |
| 2015 | 2015-12-31 | $68.2M | $2.0M | +3.08% |
| 2014 | 2014-12-31 | $66.2M | $3.4M | +5.40% |
| 2013 | 2013-12-31 | $62.8M | $5.0M | +8.72% |
| 2012 | 2012-12-31 | $57.7M | $2.6M | +4.79% |
| 2011 | 2011-12-31 | $55.1M | $1.7M | +3.13% |
| 2010 | 2010-12-31 | $53.4M | −$40,000 | −0.07% |
| 2009 | 2009-12-31 | $53.5M | — | — |
Lakeland Financial quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.5M | $4.0M | +13.23% |
| Q1 2026 | 2026-03-31 | $35.2M | $2.4M | +7.29% |
| Q4 2025 | 2025-12-31 | $33.4M | $2.8M | +9.11% |
| Q3 2025 | 2025-09-30 | $35.0M | $4.6M | +15.04% |
| Q2 2025 | 2025-06-30 | $30.4M | −$2.9M | −8.70% |
| Q1 2025 | 2025-03-31 | $32.8M | $2.1M | +6.70% |
| Q4 2024 | 2024-12-31 | $30.7M | $1.2M | +4.10% |
| Q3 2024 | 2024-09-30 | $30.4M | $1.3M | +4.45% |
| Q2 2024 | 2024-06-30 | $33.3M | −$9.4M | −22.00% |
| Q1 2024 | 2024-03-31 | $30.7M | $1.3M | +4.32% |
| Q4 2023 | 2023-12-31 | $29.4M | $2.0M | +7.33% |
| Q3 2023 | 2023-09-30 | $29.1M | $1.2M | +4.31% |
| Q2 2023 | 2023-06-30 | $42.7M | $14.8M | +53.10% |
| Q1 2023 | 2023-03-31 | $29.4M | $2.5M | +9.14% |
| Q4 2022 | 2022-12-31 | $27.4M | $2.5M | +10.06% |
| Q3 2022 | 2022-09-30 | $27.9M | $1.9M | +7.42% |
| Q2 2022 | 2022-06-30 | $27.9M | $1.3M | +4.75% |
| Q1 2022 | 2022-03-31 | $27.0M | $223,000 | +0.83% |
| Q4 2021 | 2021-12-31 | $24.9M | $14,000 | +0.06% |
| Q3 2021 | 2021-09-30 | $26.0M | $2.8M | +12.29% |
| Q2 2021 | 2021-06-30 | $26.6M | $5.6M | +26.42% |
| Q1 2021 | 2021-03-31 | $26.7M | $4.7M | +21.08% |
| Q4 2020 | 2020-12-31 | $24.9M | $2.8M | +12.61% |
| Q3 2020 | 2020-09-30 | $23.1M | $388,000 | +1.71% |
| Q2 2020 | 2020-06-30 | $21.1M | −$1.0M | −4.59% |
| Q1 2020 | 2020-03-31 | $22.1M | −$384,000 | −1.71% |
| Q4 2019 | 2019-12-31 | $22.1M | −$402,000 | −1.78% |
| Q3 2019 | 2019-09-30 | $22.7M | $537,000 | +2.42% |
| Q2 2019 | 2019-06-30 | $22.1M | $1.8M | +8.81% |
| Q1 2019 | 2019-03-31 | $22.5M | $1.3M | +5.99% |
| Q4 2018 | 2018-12-31 | $22.5M | $2.9M | +14.93% |
| Q3 2018 | 2018-09-30 | $22.2M | $1.9M | +9.53% |
| Q2 2018 | 2018-06-30 | $20.3M | $951,000 | +4.91% |
| Q1 2018 | 2018-03-31 | $21.2M | $1.2M | +5.76% |
| Q4 2017 | 2017-12-31 | $19.6M | $1.2M | +6.57% |
| Q3 2017 | 2017-09-30 | $20.3M | $1.5M | +8.05% |
| Q2 2017 | 2017-06-30 | $19.4M | $906,000 | +4.91% |
| Q1 2017 | 2017-03-31 | $20.0M | $2.7M | +15.32% |
| Q4 2016 | 2016-12-31 | $18.4M | $1.0M | +5.95% |
| Q3 2016 | 2016-09-30 | $18.8M | $1.6M | +9.02% |
| Q2 2016 | 2016-06-30 | $18.4M | $1.7M | +10.18% |
| Q1 2016 | 2016-03-31 | $17.4M | $483,000 | +2.86% |
| Q4 2015 | 2015-12-31 | $17.4M | $725,000 | +4.36% |
| Q3 2015 | 2015-09-30 | $17.2M | $547,000 | +3.28% |
| Q2 2015 | 2015-06-30 | $16.7M | $657,000 | +4.08% |
| Q1 2015 | 2015-03-31 | $16.9M | $111,000 | +0.66% |
| Q4 2014 | 2014-12-31 | $16.6M | $104,000 | +0.63% |
| Q3 2014 | 2014-09-30 | $16.7M | $394,000 | +2.42% |
| Q2 2014 | 2014-06-30 | $16.1M | $993,000 | +6.58% |
| Q1 2014 | 2014-03-31 | $16.8M | $1.9M | +12.74% |
| Q4 2013 | 2013-12-31 | $16.5M | $2.0M | +13.90% |
| Q3 2013 | 2013-09-30 | $16.3M | $2.0M | +13.73% |
| Q2 2013 | 2013-06-30 | $15.1M | $842,000 | +5.91% |
| Q1 2013 | 2013-03-31 | $14.9M | $213,000 | +1.45% |
| Q4 2012 | 2012-12-31 | $14.5M | $1.0M | +7.61% |
| Q3 2012 | 2012-09-30 | $14.3M | $823,000 | +6.11% |
| Q2 2012 | 2012-06-30 | $14.2M | $276,000 | +1.98% |
| Q1 2012 | 2012-03-31 | $14.7M | $512,000 | +3.61% |
| Q4 2011 | 2011-12-31 | $13.5M | — | — |
| Q3 2011 | 2011-09-30 | $13.5M | −$150,000 | −1.10% |
| Q2 2011 | 2011-06-30 | $14.0M | $548,000 | +4.08% |
| Q1 2011 | 2011-03-31 | $14.2M | — | — |
| Q3 2010 | 2010-09-30 | $13.6M | — | — |
| Q2 2010 | 2010-06-30 | $13.4M | — | — |
Lakeland Financial operating expenses trends
Over the last five fiscal years, Lakeland Financial's operating expenses increased from $91.2M to $131.6M, a change of $40.4M. The latest reported quarter, Q2 2026, shows $34.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lakeland Financial source filings ↗