Lakeland Financial Corporation logo LKFN - Lakeland Financial Corporation

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| PRICE TARGET: $66.00 DETAILS
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UPSIDE: 6.40%

About Lakeland Financial Corporation (https://www.lakecitybank.com)

Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions. The company manages various deposit accounts, including non-interest-bearing and interest-bearing checking, savings, money market, NOW, and demand deposits. Its lending portfolio is diverse, providing commercial and industrial loans, financing for commercial real estate and multi-family residences, agri-business and agricultural loans, and a variety of consumer loans, such as 1-4 family mortgages. Beyond traditional banking, Lakeland Financial offers retail and merchant credit card services, advanced corporate treasury management, wealth advisory, and trust administration. It also facilitates retail brokerage, featuring investment vehicles like annuities and life insurance, and supports clients with mobile business banking and online treasury management platforms. The firm caters to a wide range of sectors, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, hospitality, and healthcare industries. Established in 1872, Lakeland Financial Corporation is headquartered in Warsaw, Indiana. As of December 31, 2021, it operated an extensive network of 51 branches across fifteen counties, with 45 located in northern Indiana and six in central Indiana.

Key Executives

NAME TITLE DOB SALARY
David Findlay Chairman & Chief Executive Officer 1962 $1,169,310 USD
Kristin L. Pruitt President & Director 1972 $702,680 USD
Eric H. Ottinger Executive Vice President & Chief Commercial Banking Officer 1970 $580,875 USD
Lisa O'Neill Executive Vice President & Chief Financial Officer 1968 $530,568 USD
Donald J. Robinson-Gay Executive Vice President & Chief Credit Officer 1978 $401,154 USD
Stephanie R. Leniski Executive Vice President & Chief Retail Banking Officer 1975 $376,075 USD
Rickard James Donovan Senior Vice President, General Counsel & Secretary 1968 $336,264 USD
Brok A. Lahrman Chief Accounting Officer & Senior Vice President of Finance 1986
Carrie A. Gutman CTFA Senior Vice President & Chief Wealth Advisory Officer
Jennifer Hurford Senior Vice President & Treasurer
Kirtus D. Murray Senior Vice President of Consumer & Home Loans and Retail Lending Manager
Kyra E. Clark Senior Vice President & Chief Human Resource Officer 1979

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