Lakeland FinancialLKFN +0.51%65 ROA % 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 $67.47 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,528 Banks companies, Lakeland Financial ranks better than 79.78% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lakeland Financial's annualizedNet Income for the quarter that ended in Mar. 2026 was $105.9 Mil.
Lakeland Financial's average Total Assets over the quarter that ended in Mar. 2026 was $7,036.9 Mil. Therefore, Lakeland Financial's annualized ROA % for the quarter that ended in Mar. 2026 was 1.51%.
The historical rank and industry rank for Lakeland Financial's ROA % or its related term are showing as below:
LKFN'
s ROA % 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 ROA % was 1.77%. The lowest was 1.28%. And the median was 1.53%.
LKFN's ROA % is ranked better than 79.78% of 1528
companies
in the Banks industry
Industry Median: 0.98
vs LKFN: 1.58
Lakeland Financial (NAS:LKFN) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Lakeland Financial ROA % Related Terms
Lakeland Financial ROA % Historical Data
* Premium members only.
The historical data trend for Lakeland Financial's ROA % 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.
For the Banks - Regional subindustry, Lakeland Financial's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Lakeland Financial's ROA % distribution charts can be found below:
* The bar in red indicates where Lakeland Financial's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Lakeland Financial (LKFN) has a ROA % of 1.51% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total 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 ROA % has ranged from 1.28 to 1.77. According to the industry distribution chart, Lakeland Financial ranks #309 out of 1528 companies in the Banks industry, placing it in the top 20.2%.
Is Lakeland Financial's ROA % too high?
Lakeland Financial's current ROA % 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 ROA % is 0.98. Lakeland Financial's value of 1.51% is 54.1% above this industry median. Based on the distribution chart, Lakeland Financial ranks #309 out of 1528 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lakeland Financial's ROA % compare to CNOB and BY?
According to the Banks industry distribution chart, Lakeland Financial ranks #309 out of 1528 companies for ROA %. This places Lakeland Financial in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 0.98. Lakeland Financial's value of 1.51% is 54.1% above this benchmark. Historically, Lakeland Financial's own ROA % 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 0.98, 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 ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lakeland Financial's current ROA % of 1.51% is 54.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Lakeland Financial and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakeland Financial's current ROA % 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 Fairly Valued. The stock's GF Value™ is $67.47, compared to a current price of $61.54 — trading 8.8% below its estimated fair value. The current ROA % is 1.51%, which is near median its 10-year median of 1.53 and 54.1% above the Banks industry median of 0.98. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Lakeland Financial (LKFN), the current ROA % 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 $61.54 is trading 8.8% below its estimated GF Value™ of $67.47.
GuruFocus considers Lakeland Financial to be Fairly Valued.
Key valuation signals for LKFN:
ROA %: 1.51% (near median its 10-year median of 1.53)
GF Value™: $67.47 vs. price of $61.54 (8.8% below fair value)
Industry Position: 54.1% above the Banks median (#309 of 1528)
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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