• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Lake City Bank Parent Announces 4% Increase in Quarterly Dividend

    1/14/25 2:00:31 PM ET
    $LKFN
    Major Banks
    Finance
    Get the next $LKFN alert in real time by email

    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.

    "We are pleased to announce another increase to our common stock dividend. Our compounded annual growth rate has been 11% over the last five years contributing meaningfully to our total return to shareholders," commented David M. Findlay, Chairman and Chief Executive Officer. "Our capital provides a solid foundation for continued organic loan growth as well as making it possible to increase our dividend for shareholders."

    Lake City Bank, a $6.7 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 54 branch offices and a robust digital banking platform. Lake City Bank's community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN). For more information visit www.lakecitybank.com.

    This document contains, and future oral and written statements of the company and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the company's management and on information currently available to management, are generally identifiable by the use of words such as "believe," "expect," "anticipate," "continue," "plan," "intend," "estimate," "may," "will," "would," "could," "should" or other similar expressions. The company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain and, accordingly, the reader is cautioned not to place undue reliance on any forward-looking statements made by the company. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the company undertakes no obligation to update any statement in light of new information or future events. Numerous factors could cause the company's actual results to differ from those reflected in forward-looking statements, including the effects of the COVID-19 pandemic, including its effects on our customers, local economic conditions, our operations and vendors, and the responses of federal, state and local governmental authorities, as well as those identified in the company's filings with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K and quarterly reports on Form 10-Q.

    Contact

    Lisa M. O'Neill

    Executive Vice President and Chief Financial Officer

    (574) 267-9125

    [email protected]



    Primary Logo

    Get the next $LKFN alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $LKFN

    DatePrice TargetRatingAnalyst
    5/6/2025$72.00Market Perform → Outperform
    Hovde Group
    3/21/2025$66.00Market Perform
    Hovde Group
    2/21/2023$78.00Mkt Perform → Outperform
    Raymond James
    7/27/2021$70.00 → $66.00Equal-Weight
    Stephens & Co.
    More analyst ratings

    $LKFN
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Truex Melinda Jo bought $499,454 worth of shares (8,309 units at $60.11), increasing direct ownership by 101% to 16,507 units (SEC Form 4)

      4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      5/27/25 12:06:45 PM ET
      $LKFN
      Major Banks
      Finance
    • Director Welch M Scott bought $307,000 worth of shares (5,000 units at $61.40) (SEC Form 4)

      4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      3/12/25 10:30:30 AM ET
      $LKFN
      Major Banks
      Finance
    • Director Welch M Scott bought $613,374 worth of shares (10,000 units at $61.34) (SEC Form 4)

      4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      3/10/25 4:59:47 PM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Lakeland Financial upgraded by Hovde Group with a new price target

      Hovde Group upgraded Lakeland Financial from Market Perform to Outperform and set a new price target of $72.00

      5/6/25 8:01:49 AM ET
      $LKFN
      Major Banks
      Finance
    • Hovde Group initiated coverage on Lakeland Financial with a new price target

      Hovde Group initiated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00

      3/21/25 8:11:46 AM ET
      $LKFN
      Major Banks
      Finance
    • Lakeland Financial upgraded by Raymond James with a new price target

      Raymond James upgraded Lakeland Financial from Mkt Perform to Outperform and set a new price target of $78.00

      2/21/23 7:12:57 AM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Lake City Bank Welcomes Back Gregory C. Brown to Lead Newly Formed Commercial Elkhart Region

      WARSAW, Ind., June 10, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to welcome back Gregory C. Brown as Senior Vice President, Commercial Elkhart Regional Manager. Brown will lead the newly formed Commercial Elkhart Region, serving commercial clients in Elkhart and surrounding communities. The new region was strategically created to better serve the growing business community in Elkhart. "Since arriving in Elkhart in 1990, Lake City Bank has remained consistently dedicated to the entrepreneurial businesses that define the community. The decision to create a team solely dedicated to Elkhart is reflective of the success we've had in Elkhart over the last 35 years and of our contin

      6/10/25 9:30:19 AM ET
      $LKFN
      Major Banks
      Finance
    • Dan Starr and Mindy Creighton Truex Appointed to Lakeland Financial Corporation and Lake City Bank Boards of Directors

      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

      5/14/25 9:00:52 AM ET
      $LKFN
      Major Banks
      Finance
    • 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.

      4/25/25 7:00:55 AM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    SEC Filings

    See more
    • SEC Form 11-K filed by Lakeland Financial Corporation

      11-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)

      6/3/25 2:48:13 PM ET
      $LKFN
      Major Banks
      Finance
    • Lakeland Financial Corporation filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)

      5/14/25 8:59:37 AM ET
      $LKFN
      Major Banks
      Finance
    • SEC Form SCHEDULE 13G filed by Lakeland Financial Corporation

      SCHEDULE 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)

      5/13/25 11:35:12 AM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Truex Melinda Jo bought $499,454 worth of shares (8,309 units at $60.11), increasing direct ownership by 101% to 16,507 units (SEC Form 4)

      4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      5/27/25 12:06:45 PM ET
      $LKFN
      Major Banks
      Finance
    • New insider Truex Melinda Jo claimed ownership of 62,314 shares (SEC Form 3)

      3 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      5/23/25 9:42:09 PM ET
      $LKFN
      Major Banks
      Finance
    • SEC Form 3 filed by new insider Starr Daniel Brian

      3 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)

      5/23/25 9:38:45 PM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Financials

    Live finance-specific insights

    See more
    • 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.

      4/25/25 7:00:55 AM ET
      $LKFN
      Major Banks
      Finance
    • 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. Net income was $24.2 million for the three months ended December 31, 2024, a decrease of $5.4 million, or 18%, compared with net income of $29.6 million for the three months ended December 31, 2023. Diluted earnings per share of $0.94 for the fourth quarter of 2024 decreased by 19% from $1.16 for the fou

      1/24/25 7:00:04 AM ET
      $LKFN
      Major Banks
      Finance
    • 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. "We are pleased to announce another increase to our common stock dividend. Our compounded annual growth rate has been 11% over the last five years contributing meaningfully to our total return to shareholders," commented David M. Findlay, Cha

      1/14/25 2:00:31 PM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Lakeland Financial Corporation

      SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)

      10/16/24 12:31:16 PM ET
      $LKFN
      Major Banks
      Finance
    • SEC Form SC 13G/A filed by Lakeland Financial Corporation (Amendment)

      SC 13G/A - LAKELAND FINANCIAL CORP (0000721994) (Subject)

      2/13/24 4:13:17 PM ET
      $LKFN
      Major Banks
      Finance
    • SEC Form SC 13G filed by Lakeland Financial Corporation

      SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)

      2/7/24 9:08:50 AM ET
      $LKFN
      Major Banks
      Finance

    $LKFN
    Leadership Updates

    Live Leadership Updates

    See more
    • Dan Starr and Mindy Creighton Truex Appointed to Lakeland Financial Corporation and Lake City Bank Boards of Directors

      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

      5/14/25 9:00:52 AM ET
      $LKFN
      Major Banks
      Finance