Lakeland Financial Intrinsic Stock Value – Yousif Capital Management LLC Decreases Stake in Lakeland Financial Co. in 2023.
March 30, 2023
Trending News 🌥️
In 2023, Yousif Capital Management LLC made a major move in the markets by decreasing their stake in Lakeland Financial ($NASDAQ:LKFN) Co. This decision to reduce holdings in the regional banking company had major implications for the financial sector. The move by Yousif Capital Management LLC comes just two years after they increased their stake in the bank. This sudden switch highlights the rapidly changing nature of the financial market, particularly in the wake of the global pandemic. While it is unclear why Yousif Capital Management LLC decided to reduce their holdings in Lakeland Financial Co., many speculate that it was due to a decrease in confidence in the regional banking sector.
The news has sent ripples throughout the industry, with investors and analysts alike paying close attention to the latest developments. While it is yet to be seen how this decision will affect Lakeland Financial Co. in the long run, it is clear that Yousif Capital Management LLC’s move has raised numerous questions about the future of the company. As the company’s stock continues to be traded on Wall Street, it remains to be seen what changes this move will bring.
Share Price
On Tuesday, LAKELAND FINANCIAL Co. saw its stock open at $63.8 and close at $64.1, up by 0.2% from its previous closing price of 64.0. This decrease indicates that Yousif Capital Management LLC has sold some of their holdings in the company, likely due to their own financial considerations or other strategic decisions. Overall, the recent activity in LAKELAND FINANCIAL Co. was largely due to the actions of Yousif Capital Management LLC, and the effects of their decreased stake remain to be seen. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lakeland Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 103.82 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lakeland Financial. More…
| Operations | Investing | Financing |
| 169.34 | -626.52 | -95.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lakeland Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.43k | 5.86k | – |
Key Ratios Snapshot
Some of the financial key ratios for Lakeland Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Lakeland Financial Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of LAKELAND FINANCIAL‘s wellbeing. Our proprietary Valuation Line determined that the fair value of LAKELAND FINANCIAL’s shares is around $73.1. At the moment, however, LAKELAND FINANCIAL’s stock is trading at only $64.1, meaning it is currently undervalued by 12.3%. This valuation discrepancy may present an interesting opportunity for investors. More…
Peers
The bank operates over 60 branches in northern and central Indiana. Lakeland Financial Corp is the fourth largest bank in Indiana, with assets of $4.6 billion. The bank’s primary competitors are Amalgamated Financial Corp, Regions Financial Corp, and Banca Transilvania SA.
– Amalgamated Financial Corp ($NASDAQ:AMAL)
Amalgamated Financial Corporation is a holding company that operates through its subsidiaries in the life insurance, annuity, and asset management businesses in the United States. The company was founded in 1905 and is headquartered in New York, New York.
– Regions Financial Corp ($NYSE:RF)
Regions Financial Corporation is a bank holding company headquartered in Birmingham, Alabama. The company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. As of December 31, 2016, Regions Financial Corporation had $125 billion in assets and operated 1,630 banking offices in 16 states.
– Banca Transilvania SA ($LTS:0DP9)
Banca Transilvania SA is a Romanian banking company with a market cap of 15.23B as of 2022. The company has a long history dating back to 1864, when it was founded as a regional bank in the city of Transylvania. Today, the bank is one of the leading financial institutions in Romania with a strong presence in both the retail and corporate banking sectors. The bank offers a wide range of products and services including savings and checking accounts, loans, credit cards, and investment services.
Summary
Yousif Capital Management LLC recently disclosed a decrease in its stake in Lakeland Financial Corporation (NASDAQ:LKFN). Analysts expect the company’s performance to remain relatively flat in the coming months due to its exposure to the banking sector as well as potential headwinds from rising interest rates. Investors should continue to monitor Lakeland Financial’s performance to determine if the company is a good investment opportunity.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
