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Lakeland Financial (Lakeland Financial) 3-Year Book Growth Rate : -0.60% (As of Dec. 2023)


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What is Lakeland Financial 3-Year Book Growth Rate?

Lakeland Financial's Book Value per Share for the quarter that ended in Dec. 2023 was $25.55.

During the past 12 months, Lakeland Financial's average Book Value per Share Growth Rate was 13.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Lakeland Financial was 17.00% per year. The lowest was -1.50% per year. And the median was 9.50% per year.


Competitive Comparison of Lakeland Financial's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Lakeland Financial's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakeland Financial's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lakeland Financial's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Lakeland Financial's 3-Year Book Growth Rate falls into.



Lakeland Financial 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Lakeland Financial  (NAS:LKFN) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Lakeland Financial 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Lakeland Financial's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Financial (Lakeland Financial) Business Description

Traded in Other Exchanges
N/A
Address
202 East Center Street, P.O.Box 1387, Warsaw, IN, USA, 46581-1387
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets. The company offers 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.
Executives
Bartels Robert E Jr director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Jonathan P Steiner officer: Senior Vice President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Emily E Pichon director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brian J Smith director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Donald Robinson-gay officer: Senior Vice President PO BOX 1387, WARSAW IN 46581
Kyra E Clark officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Steven D Ross director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brok A Lahrman officer: SVP, Chief Accounting Officer P.O. BOX 1387, WARSAW IN 46581
James Rickard Donovan officer: SVP, General Counsel P.O. BOX 1387, WARSAW IN 46581-1387
Stephanie R Leniski officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Blake Augsburger director P.O. BOX 1387, WARSAW IN 46581
Michael L Kubacki director, officer: President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Lisa M O'neill officer: EVP & CFO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Michael E Gavin officer: EVP & CCO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387