Hovde Group initiated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2025 | $72.00 | Market Perform → Outperform | Hovde Group |
| 3/21/2025 | $66.00 | Market Perform | Hovde Group |
| 2/21/2023 | $78.00 | Mkt Perform → Outperform | Raymond James |
| 7/27/2021 | $70.00 → $66.00 | Equal-Weight | Stephens & Co. |
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
WARSAW, Ind., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Lake City Bank announced its plans to invest $12 million in the company's Innovation and Technology Center as part of its Downtown Warsaw Headquarters Campus expansion. The project represents the bank's continued investment in Warsaw and Kosciusko County, where it has invested $23 million in Downtown Warsaw and $31 million total countywide to date since 2010. Construction on the 35,600 square foot office building will begin in early September, with completion of the project expected by summer 2026. Originally constructed in 1968 and purchased by Lake City Bank in 2024, the facility will undergo a full interior and exterior transformation
WARSAW, Ind., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Lake City Bank opened its newest branch in Westfield, Indiana, on September 2, 2025. The new branch marks the bank's 55th office overall and ninth office in the Indianapolis Region. "We're happy to open a Lake City Bank office in the heart of downtown Westfield," said David M. Findlay, Chairman and Chief Executive Officer. "We are confident that our 153-year history as a community bank will bring a welcome commitment to the Westfield community. We are excited to expand our relationships in Westfield and become a part of the vibrant downtown community with strong economic development momentum around us." The full-service office is located a
WARSAW, Ind., July 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $27.0 million for the three months ended June 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended June 30, 2024. Diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. On a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. Diluted earnings per share increased $0.26, or 33%, from $0.78 on a linke
Hovde Group upgraded Lakeland Financial from Market Perform to Outperform and set a new price target of $72.00
Hovde Group initiated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00
Raymond James upgraded Lakeland Financial from Mkt Perform to Outperform and set a new price target of $78.00
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
SCHEDULE 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
10-Q - LAKELAND FINANCIAL CORP (0000721994) (Filer)
WARSAW, Ind., May 14, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN) and Lake City Bank announced today that Dan Starr and Mindy Creighton Truex have been appointed to their respective Boards of Directors. "Our boards represent the foundational building blocks of stable corporate governance, leadership and engagement in our Indiana communities and provide balanced and thoughtful feedback to our leadership team. The addition of Dan and Mindy brings two proven business and community leaders to the table," said David M. Findlay, Chairman and CEO. "Our boards are an extension of the bank in our Indiana markets and are active partners in the focus to drive
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G/A - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
WARSAW, Ind., July 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $27.0 million for the three months ended June 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended June 30, 2024. Diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. On a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. Diluted earnings per share increased $0.26, or 33%, from $0.78 on a linke
WARSAW, Ind., July 17, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce the acquisition of a property located at 6388 Mills Drive in Whitestown, Indiana. The bank will renovate the existing structure at this location into a full-service branch that is expected to open in 2026, expanding the bank's footprint into Boone County. "Lake City Bank has experienced exceptional growth in the Indianapolis Region since opening our first branch in the market in 2011. Boone County represents an emerging economic engine in Central Indiana and we are excited to open our first branch in the county. It will be our 10th office in the region and represents a natural next step in the Indianapol
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.