Lakeland FinancialLKFN +0.97%65 Return-on-Tangible-Asset is 1.51% as of Mar. 2026, which is 1% below its 10-year median of 1.53. GuruFocus rates LKFN with a GF Score™ of 65/100 and a GF Value™ of $67.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Lakeland Financial ranks better than 79.17% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Lakeland Financial's annualizedNet Income for the quarter that ended in Mar. 2026 was $105.9 Mil. Lakeland Financial's average total tangible assets for the quarter that ended in Mar. 2026 was $7,031.9 Mil. Therefore, Lakeland Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.51%.
The historical rank and industry rank for Lakeland Financial's Return-on-Tangible-Asset or its related term are showing as below:
LKFN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.28 Med: 1.53 Max: 1.77
Current: 1.58
During the past 13 years, Lakeland Financial's highest Return-on-Tangible-Asset was 1.77%. The lowest was 1.28%. And the median was 1.53%.
LKFN's Return-on-Tangible-Asset is ranked better than 79.17% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs LKFN: 1.58
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Lakeland Financial Return-on-Tangible-Asset Related Terms
Lakeland Financial Return-on-Tangible-Asset Historical Data
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The historical data trend for Lakeland Financial's Return-on-Tangible-Asset 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.
LKFN vs OBK, QCRH, BFC: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Lakeland Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Lakeland Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lakeland Financial's Return-on-Tangible-Asset falls into.
* 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.51% mean?
Lakeland Financial (LKFN) has a Return-on-Tangible-Asset of 1.51% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lakeland Financial and its competitors. This is near median its historical median of 1.53. Over the past decade, Lakeland Financial's Return-on-Tangible-Asset has ranged from 1.28 to 1.77. According to the industry distribution chart, Lakeland Financial ranks #318 out of 1527 companies in the Banks industry, placing it in the top 20.8%.
Is Lakeland Financial's Return-on-Tangible-Asset too high?
Lakeland Financial's current Return-on-Tangible-Asset of 1.51% is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 1.77. The Banks industry median Return-on-Tangible-Asset is 0.99. Lakeland Financial's value of 1.51% is 52.5% above this industry median. Based on the distribution chart, Lakeland Financial ranks #318 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Lakeland Financial has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lakeland Financial's Return-on-Tangible-Asset compare to OBK and QCRH?
According to the Banks industry distribution chart, Lakeland Financial ranks #318 out of 1527 companies for Return-on-Tangible-Asset. This places Lakeland Financial in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. Lakeland Financial's value of 1.51% is 52.5% above this benchmark. Historically, Lakeland Financial's own Return-on-Tangible-Asset has ranged from 1.28 to 1.77 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 0.99, Lakeland Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lakeland Financial's current Return-on-Tangible-Asset of 1.51% is 52.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lakeland Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakeland Financial's current Return-on-Tangible-Asset is 1.51%, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakeland Financial stock overvalued right now?
Based on GuruFocus' analysis, Lakeland Financial (LKFN) is currently considered Modestly Undervalued. The stock's GF Value™ is $67.70, compared to a current price of $60.40 — trading 10.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.51%, which is near median its 10-year median of 1.53 and 52.5% above the Banks industry median of 0.99. Lakeland Financial's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Lakeland Financial (LKFN), the current Return-on-Tangible-Asset is 1.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lakeland Financial (LKFN) Overvalued in 2026?
Based on GuruFocus' analysis, Lakeland Financial stock appears to be undervalued.
The current stock price of $60.40 is trading 10.8% below its estimated GF Value™ of $67.70.
GuruFocus considers Lakeland Financial to be Modestly Undervalued.
Key valuation signals for LKFN:
Return-on-Tangible-Asset: 1.51% (near median its 10-year median of 1.53)
GF Value™: $67.70 vs. price of $60.40 (10.8% below fair value)
Industry Position: 52.5% above the Banks median (#318 of 1527)
No single metric tells the full story. See the LKFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company's revenue is derived from the business of banking.
65GF Score
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