Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4%
Lakeland Financial Corporation (LKFN)
Last lakeland financial corporation earnings: 4/27 08:00 am
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US:NASDAQ Investor Relations:
lakecitybank.com/lakeland-financial-corporation-present-keefe-bruyette-woods-2016-community-bank-investor-conference
Company Research
Source: GlobeNewswire
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 on a linked quarter basis. Pretax pre-provision earnings, which is a non-GAAP measure, were $30.8 million for the three months ended September 30, 2024, an increase of $666,000, or 2%, compared to $30.1 million for the three months ended September 30, 2023. On a linked quarter basis, pretax pre-p
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LKFN
News
- Those who invested in Lakeland Financial (NASDAQ:LKFN) five years ago are up 73% [Yahoo! Finance]Yahoo! Finance
- Lake City Bank Promotes Carrie A. Gutman to Chief Wealth Advisory OfficerGlobeNewswire
- Lakeland Financial Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial GAAP EPS of $0.91, revenue of $61.2M [Seeking Alpha]Seeking Alpha
LKFN
Earnings
- 10/28/24 - Beat
LKFN
Sec Filings
- 12/12/24 - Form 144
- 12/11/24 - Form 3
- 12/9/24 - Form 4
- LKFN's page on the SEC website