Lakeland Financial

Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services. It offers commercial and consumer banking, trust and wealth management, brokerage, and treasury management commercial services. The company was founded on February 8, 1983 and is headquartered in Warsaw, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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WARSAW, Ind., April 24, 2023 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank's long term performance earned it inclusion in the 2023 KBW Bank Honor Roll published by Keefe Bruyette & Woods, Inc. (KBW), the 12th consecutive year that the bank has earned a place in the listing.

Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 12th Consecutive Year

WARSAW, Ind., April 24, 2023 (GLOBE NEWSWIRE) -- Lake City Bank opened its 53rd office in the 16 Tech Innovation District on April 10. The new branch is located inside the AMP food and event hall at 1220 Waterway Blvd, Suite #A140, Indianapolis, IN 46202. A grand opening ribbon cutting celebration will take place at a later date.

Lake City Bank Opens Newest Branch at 16 Tech, the Bank's 53rd Office

Lakeland Financial (LKFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lakeland Financial (LKFN) to Report Q1 Results: Wall Street Expects Earnings Growth

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A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

Dividend Champion, Contender, And Challenger Highlights: Week Of April 16

Lakeland Financial (LKFN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Lakeland Financial (LKFN) Moves 7.7% Higher: Will This Strength Last?

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Warren Buffett once owned a highly profitable, ultra-safe Illinois bank from 1969-1980. Regulators made him sell it, much to his chagrin. When recently analyzing another Illinois community bank, HBT Financial, I researched Buffett's shareholder letters from 1969-1980 to see if he had insights that could help in my HBT analysis.

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WARSAW, Ind., March 01, 2023 (GLOBE NEWSWIRE) -- Lake City Bank's Essential Checking and Getting Ahead Checking accounts were recently certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the 2023-24 Bank On National Account Standards. The account standards designate features that ensure low cost accounts with high functionality and consumer safety.

Lake City Bank Receives Dual Bank On Account Certification from Cities for Financial Empowerment Fund

Lakeland Financial (LKFN) delivered earnings and revenue surprises of -9.82% and 2.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Financial (LKFN) Q4 Earnings Miss Estimates

WARSAW, Ind., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record full year net income of $103.8 million, which represents an increase of $8.1 million, or 8%, compared with net income of $95.7 million for 2021. Diluted earnings per share of $4.04 was also a record for 2022, and increased 8% compared to $3.74 for 2021.

Lakeland Financial Reports Record Annual Performance; Record Annual Net Income Improves by 8% to $103.8 Million

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WARSAW, Ind., Jan. 10, 2023 (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 2023 of $0.46 per share, payable February 6, 2023, to shareholders of record as of January 25, 2023. The quarterly dividend represents a 15% increase over the quarterly dividend rate of $0.40 per share paid in 2022.

Lake City Bank Parent Announces 15% Increase in Quarterly Dividend

WARSAW, Ind., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Lake City Bank was named the Best Small Bank in Indiana in America's Best Banks 2023 ranking from Newsweek and Lending Tree.

Lake City Bank Named Best Small Bank in Indiana in National Ranking from Newsweek

Lakeland Financial (LKFN) delivered earnings and revenue surprises of 8.82% and 1.30%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Financial (LKFN) Q3 Earnings and Revenues Top Estimates

WARSAW, Ind., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record third quarter net income of $28.5 million for the three months ended September 30, 2022, an increase of 18%, or $4.4 million, versus $24.1 million for the third quarter of 2021. Diluted earnings per share increased 18% to $1.11 for the third quarter of 2022, versus $0.94 for the third quarter of 2021. Both the net income and diluted earnings per share represent the highest quarterly performance in the company's 150-year history. On a linked quarter basis, net income increased 11%, or $2.9 million, from the second quarter of 2022 in which the company had net income of $25.7 million, or $1.00 diluted earnings per share. Pretax pre-provision earnings, which is a non-GAAP financial measure, were $34.8 million for the third quarter of 2022, an increase of 13%, or $3.9 million, from $30.9 million for the third quarter of 2021. On a linked quarter basis, pretax pre-provision earnings increased 11%, or $3.5 million, from $31.3 million for the second quarter of 2022.

Lakeland Financial Reports Record Quarterly Performance; Year-to-Date Record Net Income Improves by 9% to $77.8 million

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?

Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now

Lakeland Financial (LKFN) Could Be a Great Choice

Lakeland Financial (LKFN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Lakeland Financial (LKFN) Upgraded to Buy: What Does It Mean for the Stock?

Lakeland Financial (LKFN) delivered earnings and revenue surprises of 5.26% and 1.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Financial (LKFN) Q2 Earnings and Revenues Top Estimates

WARSAW, Ind., July 25, 2022 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $25.7 million for the three months ended June 30, 2022, an increase of 5%, or $1.3 million, versus $24.3 million for the second quarter of 2021. Diluted earnings per share increased 5% to $1.00 for the second quarter of 2022, versus $0.95 for the second quarter of 2021. On a linked quarter basis, net income increased 9%, or $2.0 million, from the first quarter of 2022 in which the company had net income of $23.6 million, or $0.92 diluted earnings per share. Pretax pre-provision earnings, which is a non-GAAP financial measure, were $31.3 million for the second quarter of 2022, an increase of 10%, or $2.9 million, from $28.4 million for the second quarter of 2021. On a linked quarter basis, pretax pre-provision earnings increased 9%, or $2.7 million, from $28.6 million for the first quarter of 2022.

Lakeland Financial Reports Record Second Quarter 2022 Performance; Year-to-Date Record Net Income Improves by 4% to $49.3 million

Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio

WARSAW, Ind., May 17, 2022 (GLOBE NEWSWIRE) -- Today Lake City Bank launches its 150th anniversary celebration, a year-long commemoration of the bank's history and commitment to the communities it serves. To mark the anniversary, the bank announced it will donate $150,000 to community foundations in Indiana, in the form of $10,000 gifts to the 15 community foundations in counties where the bank operates.

Lake City Bank Launches 150th Anniversary Celebration; Supports Community Foundations

Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy?

This is Why Lakeland Financial (LKFN) is a Great Dividend Stock

WARSAW, Ind., April 26, 2022 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank's long term performance earned it inclusion in the 2022 KBW Bank Honor Roll published by Keefe Bruyette & Woods, Inc. (KBW), the 11th consecutive year that the bank has earned a place in the listing.

Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 11th Consecutive Year

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