Earnings ·
Lakeland Financial reports Q3 diluted EPS of $1.14, up 11%, on record net income of $28.9 million
LKFNLakeland Financial Corp
Lakeland Financial Corporation reported record third-quarter net income of $28.9 million and diluted earnings per share of $1.14, an 11% increase from the prior year period. Total revenue grew 6% to $73.0 million, driven by an 8% expansion in loan balances to $5.68 billion and net interest margin improvement to 3.58%. The company also announced a quarterly cash dividend of $0.52 per share, payable November 5, 2026, to shareholders of record as of October 25, 2026. Lakeland Financial operates as a community bank holding company serving Central and Northern Indiana.