Lakeland Financial Intrinsic Value Calculation – Truist Financial Corp Increases Investment in Lakeland Financial Co.
November 10, 2023
🌥️Trending News
Truist Financial Corp has recently increased its investment in Lakeland Financial ($NASDAQ:LKFN) Co., a publicly traded bank holding company based out of Warsaw, Indiana. The company is financially strong and well-positioned for the future, having earned solid ratings from several different credit rating agencies. Truist Financial Corp’s increased investment in Lakeland Financial Co. is a sign of the company’s commitment to long-term growth and success. With new capital and the support of a large financial partner, Lakeland Financial Co. is well-equipped to continue expanding its operations and providing excellent service to its customers.
Stock Price
On Tuesday, Truist Financial Corp announced an increased investment in Lakeland Financial Co. After the announcement, LAKELAND FINANCIAL stock opened at $53.2 and closed at $52.9, down by 0.7% from the previous closing price of 53.2. While this slight decrease indicates slightly bearish sentiment in the market, it is yet to be seen if the investment will result in a positive upward trend for LAKELAND FINANCIAL. 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 |
| – | 90.12 | – |
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 | 5.87k | – |
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 Value Calculation
At GoodWhale, we have analyzed LAKELAND FINANCIAL‘s financials and used our proprietary Valuation Line to calculate the fair value of its share. The result is that the fair value of LAKELAND FINANCIAL’s share should be around $79.3. Right now, the stock is trading at $52.9, which means it is undervalued by 33.3%. This is an opportunity for investors to make a good return on their money, as the stock is expected to rise to its fair value in the future. 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
Truist Financial Corp recently increased its stake in Lakeland Financial Co., indicating its confidence in the company. A strong net interest margin means that the company is earning more from its investments than it is paying out in borrowing costs. With a strong balance sheet and solid financial performance, analysts believe that Lakeland Financial is a solid investment over the long-term.
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