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Lakeland Financial (Lakeland Financial) 10-Year RORE % : 10.56% (As of Dec. 2023)


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What is Lakeland Financial 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Lakeland Financial's 10-Year RORE % for the quarter that ended in Dec. 2023 was 10.56%.

The industry rank for Lakeland Financial's 10-Year RORE % or its related term are showing as below:

LKFN's 10-Year RORE % is ranked better than
58.82% of 1032 companies
in the Banks industry
Industry Median: 7.78 vs LKFN: 10.56

Lakeland Financial 10-Year RORE % Historical Data

The historical data trend for Lakeland Financial's 10-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Financial 10-Year RORE % Chart

Lakeland Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.79 14.25 14.56 14.35 10.56

Lakeland Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.35 14.17 11.35 10.07 10.56

Competitive Comparison of Lakeland Financial's 10-Year RORE %

For the Banks - Regional subindustry, Lakeland Financial's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lakeland Financial's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Lakeland Financial's 10-Year RORE % falls into.



Lakeland Financial 10-Year RORE % Calculation

Lakeland Financial's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 3.65-1.746 )/( 28.943-10.913 )
=1.904/18.03
=10.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Lakeland Financial  (NAS:LKFN) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Lakeland Financial 10-Year RORE % Related Terms

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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