Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.89 by 10.11 percent. This is a 2.97 percent decrease over earnings of $1.01 per share from the same period last year.
Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $0.98 per share which beat the analyst consensus estimate of $0.89 by 10.11 percent. This is a 2.97 percent decrease over earnings of $1.01 per share from the same period last year.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2023 | $78.00 | Mkt Perform → Outperform | Raymond James |
| 7/27/2021 | $70.00 → $66.00 | Equal-Weight | Stephens & Co. |
Raymond James upgraded Lakeland Financial from Mkt Perform to Outperform and set a new price target of $78.00
Stephens & Co. reiterated coverage of Lakeland Financial with a rating of Equal-Weight and set a new price target of $66.00 from $70.00 previously
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. "Since joining Lake City Bank, Carrie has quickly become a valued member of the team and has earned the respect of colleagues inside and outside the bank," said David M. Findlay, Chairman and Chief Executive Officer. "She will be a gre
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
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. "This acquisition adds the 6th building to our
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
10-Q - LAKELAND FINANCIAL CORP (0000721994) (Filer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G/A - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
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
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, 20
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%. Net income for the f
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $0.74 per share which missed the analyst consensus estimate of $0.85 by 12.94 percent. The company reported quarterly sales of $68.735 million which beat the analyst consensus estimate of $60.704 million by 13.23 percent. This is a 14.51 percent increase over sales of $60.025 million the same period last year.
Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $0.88 per share which beat the analyst consensus estimate of $0.86 by 2.33 percent. This is a 6.38 percent decrease over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $60.028 million which missed the analyst consensus estimate of $60.160 million by 0.22 percent. This is a 2.92 percent decrease over sales of $61.833 million the same period last year.
By the close of today, February 05, 2024, Lakeland Financial (NASDAQ:LKFN) will issue a dividend payout of $0.48 per share, resulting in an annualized dividend yield of 3.02%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on January 24, 2024. Lakeland Financial Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; }