Is LAKELAND FINANCIAL CORP (LKFN) Halal?

NASDAQ Financial Services United States $1.5B
✗ NOT HALAL
Confidence: 95/100
LAKELAND FINANCIAL CORP (LKFN) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
14.1
Forward: 12.5
EPS
$4.01
Dividend Yield
369.0%
Payout: 49.9%
P/B Ratio
1.9
Revenue
$269M
Growth: 14.6%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 53.3%
Net Margin 40.2%
Return on Equity (ROE) 14.3%
Return on Assets (ROA) 1.5%

Cash Flow & Balance Sheet

Operating Cash Flow$115M
Free Cash Flow$104M
Total Debt$184M
Total Assets$7.0B

Price & Trading

Last Close$56.96
50-Day MA$58.97
200-Day MA$61.00
Avg Volume192K
Beta0.7
52-Week Range
$50.00
$69.40

About LAKELAND FINANCIAL CORP (LKFN)

CEO
Mr. David M. Findlay
Employees
655
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$1.5B
Currency
USD

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. It also offers loan products, including commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. In addition, the company provides retail and merchant credit card services; corporate treasury management services, private banking, and wealth advisory; retail brokerage services comprising financial and investment products, annuities, and life insurance; and trust and fiduciary services, and estate and financial planning consulting services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

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Frequently Asked Questions

Is LAKELAND FINANCIAL CORP (LKFN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), LAKELAND FINANCIAL CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is LAKELAND FINANCIAL CORP's debt ratio?

LAKELAND FINANCIAL CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are LAKELAND FINANCIAL CORP's key financial metrics?

LAKELAND FINANCIAL CORP has a market capitalization of $1.5B, trailing P/E ratio of 14.1, and revenue of $269M. Return on equity stands at 14.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.