Lakeland Financial Corporation ( LKFN ) NASDAQ Global Select

Cena: 67.61 ( 5.43% )

Aktualizacja 08-22 21:58
NASDAQ Global Select
Branża: Banks - Regional

Notowania:

Opis firmy:

Lakeland Financial Corporation działa jako Bank Holding Company w Lake City Bank, która zapewnia różne produkty i usługi bankowe. Firma przyjmuje różne produkty depozytowe, takie jak nieinteresowne łożysko, kontrola odsetka, oszczędności, rynek pieniędzy, teraz i depozyty popytu. Produkty pożyczkowe obejmują komercyjne i przemysłowe, nieruchomości komercyjne oraz wielorodzinne mieszkalne, rolne i rolnicze, konsumenckie hipoteczne hipoteczne i inne pożyczki konsumenckie. Firma oferuje również usługi karty kredytowej detalicznej i handlowej; Korporacyjne zarządzanie skarbem, doradztwo majątkowe i usługi zaufania; Detaliczne usługi maklerskie, w tym różne produkty finansowe i inwestycyjne, takie jak renty i ubezpieczenia na życie; oraz mobilne bankowości biznesowe i usługi zarządzania skarbami online. Obsługuje nieruchomości komercyjne, produkcję, rolnictwo, budownictwo, detaliczne, hurtowe, finansowe i ubezpieczeniowe, zakwaterowanie i usługi żywnościowe oraz branże opieki zdrowotnej. Na dzień 31 grudnia 2021 r. Spółka prowadziła 51 biur w piętnastu hrabstwach, w tym 45 biur w północnej Indianie i sześć biur w środkowej Indianie. Lakeland Financial Corporation został założony w 1872 roku i ma siedzibę w Warszawie w stanie Indiana.

Informacje o spółce:
Sektor: Usługi Finansowe
Branża: Banks - Regional
Zatrudnienie: 639
Giełda: NASDAQ Global Select
Ilość akcji w obrocie: 96.4487
Ilość akcji: Brak danych
Debiut giełdowy: 1997-08-14
WWW: https://www.lakecitybank.com
CEO: Mr. David M. Findlay
Adres: 202 East Center Street
Siedziba: 46581-1387 Warsaw
ISIN: US5116561003
Wskaźniki finansowe
Kapitalizacja (USD) 1 726 096 822
Aktywa: 6 645 371 000
Cena: 67.61
Wskaźnik Altman Z-Score: -0.4
Słaby (wysokie ryzyko bankructwa)
Dywidenda: 2
P/E: 18.4
Ilość akcji w obrocie: 96%
Średni wolumen: 164 454
Ilość akcji 25 530 200
Wskaźniki finansowe
Przychody TTM 387 161 000
Zobowiązania: 5 946 190 000
Przedział 52 tyg.: 50.0 - 78.61
Piotroski F-Score: 6
Umiarkowany (średnia jakość finansowa)
EPS: 3.7
P/E branży: 10.6
Beta: 0.647
Raport okresowy: 2025-10-24
WWW: https://www.lakecitybank.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Mr. David M. Findlay Chairman & Chief Executive Officer 984 546 1962
Ms. Kristin L. Pruitt President & Director 559 482 1972
Mr. Eric H. Ottinger Executive Vice President & Chief Commercial Banking Officer 502 234 1970
Ms. Lisa M. O'Neill Executive Vice President & Chief Financial Officer 424 984 1968
Mr. Rickard James Donovan Senior Vice President, General Counsel & Secretary 332 364 0
Ms. Stephanie R. Leniski Senior Vice President & Chief Retail Banking Officer 0 0
Kirtus D. Murray Senior Vice President of Consumer & Home Loans and Retail Lending Manager 0 0
Mr. Brok A. Lahrman Chief Accounting Officer & Senior Vice President of Finance 0 1987
Mr. Jonathan P. Steiner Senior Vice President & Chief Wealth Advisory Officer 0 1962
Ms. Kyra E. Clark Senior Vice President & Chief Human Resource Officer 0 0
Lista ETF z ekspozycją na akcje Lakeland Financial Corporation
Symbol ETF Ilość akcji Wartość
IJR 1 574 498 99 775 940
SCHD 728 998 46 697 507
IWM 618 869 39 217 698
SPSM 219 763 14 408 113
KRE 200 464 12 996 514
KBE 179 116 11 786 961
VIG 137 050 8 421 722
VTWO 130 546 8 022 051
IWO 127 651 8 089 260
IJT 124 678 7 900 843
SCHA 120 179 7 778 074
FESM 115 507 7 833 684
IJS 114 044 7 226 961
IWN 101 756 6 448 309
SMDV 99 273 6 290 930
VIOO 84 608 5 199 161
DFAS 74 570 4 725 500
SLYG 67 243 4 398 393
SLYV 65 439 4 335 177
DFAC 56 579 3 585 411
AVSC 53 243 3 482 092
FNDA 51 199 3 306 998
AVUV 44 080 2 882 832
VFH 42 394 2 605 111
R2SC.L 41 596 2 061 475
R2US.L 41 596 2 720 378
ZPRR.DE 41 596 2 382 235
ISP6.L 37 752 1 810 708
IUS3.DE 37 752 2 092 812
IDP6.L 37 752 2 392 332
DES 35 858 2 272 321
DPST 27 045 1 713 841
ITOT 26 092 1 653 442
PRFZ 24 521 1 603 673
VIOV 23 880 1 467 426
XSHQ 20 768 1 358 227
VIOG 16 437 1 010 053
QABA 15 764 1 024 187
XRS2.DE 15 162 841 365
XRSU.L 15 162 960 791
XRSG.L 15 162 72 807 811
SCHB 14 570 949 289
RSSL 13 045 826 661
VTWG 12 530 769 968
EES 10 983 695 992
DFUV 9 750 617 857
FYC 9 287 603 376
ONEQ 9 175 622 248
IJR.AX 9 021 913 147
BBSC 8 946 566 908
SMLV 8 806 582 279
AVUS 8 753 572 446
FYX 8 348 542 369
RWJ 7 598 496 909
VTWV 7 551 464 008
ISMD 6 502 412 031
FNCL 6 493 440 355
GSSC 6 342 410 771
IWV 6 043 382 917
DFAU 5 657 358 484
DFAT 5 362 339 789
SPTM 4 910 321 687
XSU.TO 4 313 389 523
QVMS 4 078 266 701
ZPRV.DE 3 563 177 748
USSC.L 3 563 202 979
DCOR 2 994 189 729
OMFS 2 892 189 136
DBZN.DE 2 884 160 014
UWM 2 595 164 445
DTD 2 326 147 398
SXRG.DE 2 324 128 841
CUSS.L 2 324 147 280
CUS1.L 2 324 111 473
CSUSS.MI 2 324 128 841
ISCG 2 320 147 019
URTY 2 146 135 992
XJR 2 021 132 173
VTHR 2 006 123 268
DXUV 1 791 113 495
DFSU 1 666 105 574
RNSC 1 345 99 234
PSCF 1 307 85 477
FAD 1 198 77 834
ISCB 1 183 74 948
XUU.TO 959 86 598
XSMC.TO 900 81 318
XSMH.TO 833 75 219
PFM 738 48 265
CSA 698 37 524
TILT 620 39 289
AVSU 520 34 008
SAA 471 29 847
FNDB 410 26 636
VLU 288 18 941
USFM.L 259 16 961
USUE.DE 259 16 961
EWSA.AS 231 14 649
CBUG.DE 231 12 815
CSF 216 11 612
XBAL.TO 146 13 200
XUH.TO 142 9 256
EBIT 107 6 997
HDG 31 1 964
MMTM 8 522
XTR.TO 6 374
SC0K.DE 0 135 235
USML.L 0 175 675
PZW.TO 0 7 508
RTYS.L 0 154 342
Wiadomości dla Lakeland Financial Corporation
Tytuł Treść Źródło Aktualizacja Link
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-05-05 16:50:29 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Lakeland Financial (LKFN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com 2025-04-25 14:35:55 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Q1 Earnings Lag Estimates Lakeland Financial (LKFN) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.88 per share a year ago. zacks.com 2025-04-25 13:15:42 Czytaj oryginał (ang.)
Lakeland Financial Reports a 12% Increase in Net Interest Income and Organic Loan Growth of 4% WARSAW, Ind., April 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $20.1 million for the three months ended March 31, 2025, which represents a decrease of $3.3 million, or 14%, compared with net income of $23.4 million for the three months ended March 31, 2024. Diluted earnings per share were $0.78 for the first quarter of 2025 and decreased $0.13, or 14%, compared to $0.91 for the first quarter of 2024. On a linked quarter basis, net income decreased $4.1 million, or 17%, to $24.2 million. Diluted earnings per share decreased $0.16, or 17%, from $0.94 on a linked quarter basis. globenewswire.com 2025-04-25 11:00:00 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-04-18 16:50:31 Czytaj oryginał (ang.)
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-04-02 16:50:39 Czytaj oryginał (ang.)
Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-03-17 14:46:05 Czytaj oryginał (ang.)
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-02-28 14:46:10 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-02-12 14:46:09 Czytaj oryginał (ang.)
All You Need to Know About Lakeland Financial (LKFN) Rating Upgrade to Strong Buy Lakeland Financial (LKFN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com 2025-02-05 15:00:34 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes? zacks.com 2025-01-27 14:46:12 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2025-01-24 12:30:57 Czytaj oryginał (ang.)
Lakeland Financial Reports Annual Net Income of $93.5 million, Organic Average Loan Growth of 5% and Average Deposit Growth of 4% WARSAW, Ind., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.5 million for the year ended December 31, 2024, versus $93.8 million for the year ended December 31, 2023. Diluted earnings per share were $3.63 for the twelve months ended December 31, 2024, versus $3.65 for 2023. globenewswire.com 2025-01-24 09:00:00 Czytaj oryginał (ang.)
4 Stocks With Growth Potential That Recently Announced Dividend Hikes PLBC, BUSE, LKFN and RPRX recently announced dividend hikes. zacks.com 2025-01-22 11:50:34 Czytaj oryginał (ang.)
Gear Up for Lakeland Financial (LKFN) Q4 Earnings: Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of Lakeland Financial (LKFN) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com 2025-01-20 12:21:51 Czytaj oryginał (ang.)
Lake City Bank Promotes Stephanie R. Leniski to Executive Vice President WARSAW, Ind., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that Stephanie R. Leniski has been promoted to Executive Vice President, Chief Retail Banking Officer. globenewswire.com 2025-01-16 16:00:00 Czytaj oryginał (ang.)
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend WARSAW, Ind., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2025 of $0.50 per share, payable February 5, 2025, to shareholders of record as of January 25, 2025. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.48 per share paid in 2024. globenewswire.com 2025-01-14 16:00:00 Czytaj oryginał (ang.)
Lake City Bank Promotes Carrie A. Gutman to Chief Wealth Advisory Officer WARSAW, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that it has promoted Carrie A. Gutman, Senior Vice President, Chief Fiduciary Officer, to Chief Wealth Advisory Officer. Gutman, 54, will join the bank's Management Committee and succeeds Jonathan P. Steiner, Senior Vice President, Chief Wealth Advisory Officer, who will retire on December 6, 2024 after a 40-year career in banking and the last 14 years with Lake City Bank. globenewswire.com 2024-11-13 10:00:00 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2024-10-25 14:31:19 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Q3 Earnings and Revenues Beat Estimates Lakeland Financial (LKFN) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.98 per share a year ago. zacks.com 2024-10-25 13:11:11 Czytaj oryginał (ang.)
Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4% WARSAW, Ind., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.3 million for the three months ended September 30, 2024, which represents a decrease of $1.9 million, or 8%, compared with net income of $25.3 million for the three months ended September 30, 2023. Diluted earnings per share were $0.91 for the third quarter of 2024 and decreased $0.07, or 7%, compared to $0.98 for the third quarter of 2023. On a linked quarter basis, net income increased $789,000, or 3%, from second quarter 2024 net income of $22.5 million. Diluted earnings per share increased $0.04, or 5%, from $0.87 on a linked quarter basis. globenewswire.com 2024-10-25 11:00:00 Czytaj oryginał (ang.)
Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center WARSAW, Ind., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Lake City Bank has purchased the 35,600 square foot three story office building at 122 E. Center Street, Warsaw, IN on August 30, 2024. The office building will significantly expand the bank's Warsaw Campus and support the continued growth of Lake City Bank. The newly acquired building will be substantially renovated and modernized and will be renamed the Lake City Bank Innovation and Technology Center. Lake City Bank has been headquartered in Warsaw since the bank was founded in 1872 and employs 279 employees in the Downtown Warsaw Campus, representing the largest employer in Downtown Warsaw. globenewswire.com 2024-09-03 12:58:00 Czytaj oryginał (ang.)
Compared to Estimates, Lakeland Financial (LKFN) Q2 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2024-07-25 15:00:55 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Misses Q2 Earnings Estimates Lakeland Financial (LKFN) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.57 per share a year ago. zacks.com 2024-07-25 13:15:30 Czytaj oryginał (ang.)
Lakeland Financial Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan Growth WARSAW, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $22.5 million for the three months ended June 30, 2024, which represents an increase of $7.9 million, or 54%, compared with net income of $14.6 million for the three months ended June 30, 2023. Diluted earnings per share were $0.87 for the second quarter of 2024 and increased 53% compared to $0.57 for the second quarter of 2023. On a linked quarter basis, net income decreased $852,000, or 4%, from first quarter 2024 net income of $23.4 million and diluted earnings per share decreased $0.04 or 4% from $0.91 at March 31, 2024. globenewswire.com 2024-07-25 11:00:00 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2024-04-25 14:36:24 Czytaj oryginał (ang.)
Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan Growth WARSAW, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.4 million for the three months ended March 31, 2024, which represents a decrease of $877,000, or 4%, compared with net income of $24.3 million for the three months ended March 31, 2023. Diluted earnings per share were $0.91 for the first quarter of 2024 and decreased 3% compared to $0.94 for the first quarter of 2023. On a linked quarter basis, net income decreased $6.2 million, or 21%, from fourth quarter 2023 net income of $29.6 million. Diluted earnings per share decreased from $1.16, or 22%. globenewswire.com 2024-04-25 12:00:00 Czytaj oryginał (ang.)
Lake City Bank to Participate in the KBW Winter Financial Services Conference WARSAW, Ind., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that David Findlay, Chairman and CEO; Kristin Pruitt, President and Lisa O'Neill, EVP and CFO will participate in the Keefe, Bruyette & Woods Winter Financial Services Conference to be held February 14 to 16, where they will participate in a series of one-on-one meetings with institutional investors. globenewswire.com 2024-02-07 16:00:00 Czytaj oryginał (ang.)
Best Momentum Stocks to Buy for February 5th MOD, EZPW and LKFN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 5, 2023. zacks.com 2024-02-05 13:01:06 Czytaj oryginał (ang.)
Here's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 Earnings The headline numbers for Lakeland Financial (LKFN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com 2024-01-25 13:31:19 Czytaj oryginał (ang.)
Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth WARSAW, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.8 million for the twelve months ended December 31, 2023, versus $103.8 million for the prior year, a decrease of 10%, or $10.1 million. Diluted earnings per share also decreased 10% to $3.65 for the twelve months ended December 31, 2023, versus $4.04 for the comparable period of 2022. globenewswire.com 2024-01-25 10:00:00 Czytaj oryginał (ang.)
Unlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key Metrics Besides Wall Street's top -and-bottom-line estimates for Lakeland Financial (LKFN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023. zacks.com 2024-01-23 14:31:04 Czytaj oryginał (ang.)
Lake City Bank Parent Announces 4% Increase in Quarterly Dividend WARSAW, Ind., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2024 of $0.48 per share, payable February 5, 2024, to shareholders of record as of January 25, 2024. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.46 per share paid in 2023. globenewswire.com 2024-01-09 16:00:00 Czytaj oryginał (ang.)
David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company. Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations. Findlay succeeds Michael L. Kubacki as Chairman of the board of both organizations. Kubacki has served in the role since 2003 and will retire from the boards of directors on April 9, 2024 at the company's annual report of shareholders. globenewswire.com 2023-11-14 16:30:00 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Beats Q3 Earnings and Revenue Estimates Lakeland Financial (LKFN) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.11 per share a year ago. zacks.com 2023-10-25 14:33:43 Czytaj oryginał (ang.)
Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2023-10-25 14:32:13 Czytaj oryginał (ang.)
Lakeland Financial Reports Net Income of $25.3 Million for the Third Quarter and 10% Annualized Average Loan Growth WARSAW, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $25.3 million for the three months ended September 30, 2023, which represents a decrease of $3.3 million, or 11%, compared with net income of $28.5 million for the three months ended September 30, 2022. Diluted earnings per share were $0.98 for the third quarter of 2023 and decreased 12% compared to $1.11 for the third quarter of 2022. On a linked quarter basis, net income increased 73%, or $10.6 million, from second quarter 2023 net income of $14.6 million, or $0.57 diluted earnings per share. globenewswire.com 2023-10-25 12:00:00 Czytaj oryginał (ang.)