Earnings summaries and quarterly performance for LAKELAND FINANCIAL.
Executive leadership at LAKELAND FINANCIAL.
David M. Findlay
Detailed
Chairman and Chief Executive Officer
CEO
CA
Carrie A. Gutman
Detailed
Senior Vice President, Chief Wealth Advisory Officer
DJ
Donald J. Robinson-Gay
Detailed
Senior Vice President, Chief Credit Officer
EH
Eric H. Ottinger
Detailed
Executive Vice President, Chief Commercial Banking Officer
JR
J. Rickard Donovan
Detailed
Senior Vice President, General Counsel and Corporate Secretary
KL
Kristin L. Pruitt
Detailed
President
KE
Kyra E. Clark
Detailed
Senior Vice President, Chief Human Resources Officer
LM
Lisa M. O’Neill
Detailed
Executive Vice President, Chief Financial Officer
SR
Stephanie R. Leniski
Detailed
Executive Vice President, Chief Retail Banking Officer
Board of directors at LAKELAND FINANCIAL.
AF
A. Faraz Abbasi
Detailed
Director
BW
Blake W. Augsburger
Detailed
Lead Independent Director
BJ
Bradley J. Toothaker
Detailed
Director
BJ
Brian J. Smith
Detailed
Director
DS
Dan Starr
Detailed
Director
DP
Darrianne P. Christian
Detailed
Director
EE
Emily E. Pichon
Detailed
Director
MS
M. Scott Welch
Detailed
Director
MC
Mindy Creighton Truex
Detailed
Director
RE
Robert E. Bartels, Jr.
Detailed
Director
SD
Steven D. Ross
Detailed
Director
Research analysts covering LAKELAND FINANCIAL.
Recent press releases and 8-K filings for LKFN.
Lakeland Financial Corporation Reports Strong Q4 and Full-Year 2025 Results
LKFN
Earnings
Dividends
Revenue Acceleration/Inflection
- Lakeland Financial Corporation reported strong financial results for Q4 2025, with Net Income increasing 11% year-over-year to $103,361 thousand and Diluted EPS rising 10% year-over-year to $4.01 in 2025.
- The company demonstrated robust profitability and capital strength in 2025, achieving a Return on Average Assets of 1.50% and a Return on Average Equity of 14.47%, alongside a Total Risk-Based Capital Ratio of 15.92% as of December 31, 2025.
- Net Interest Income grew 12% year-over-year to $221,017 thousand in 2025, with the quarterly Net Interest Margin expanding by 23 basis points over the prior four quarters to 3.48% in Q4 2025. The Cost of Funds decreased to 2.20% in Q4 2025 from a peak of 2.90% in Q2 2024.
- Average year-to-date loans grew 4% to $5,223,458 thousand and average year-to-date deposits grew 3% to $6,039,821 thousand in 2025, with 98% of deposit accounts being less than $250,000 as of December 31, 2025.
- Lakeland Financial Corporation maintained a stable dividend per share of $2.00 in 2025, representing a 4% year-over-year increase.
Jan 26, 2026, 12:00 PM
Lakeland Financial Corporation Reports Strong FY 2025 Financial Results and Capital Position
LKFN
Earnings
Dividends
Revenue Acceleration/Inflection
- Lakeland Financial Corporation reported strong financial results for FY 2025, with Net Income increasing 11% year-over-year to $103,361 thousand and Diluted EPS rising 10% to $4.01.
- The company maintained a robust capital position as of December 31, 2025, with a Total Risk-Based Capital ratio of 15.92% and TCE/Tangible Assets of 10.86%, alongside strong asset quality with Nonperforming Loans to Total Loans at 0.16%.
- Net Interest Margin (NIM) expanded by 23 basis points in 2025 compared to 2024, reaching 3.48% in Q4 2025, supported by decreasing deposit costs.
- Total deposits reached $6.0 billion as of December 31, 2025, with 98% of accounts under $250,000, and the company reported $3.5 billion in available liquidity.
- The company increased its dividend per share by 4% year-over-year to $2.00 in 2025.
Jan 26, 2026, 11:59 AM
Lakeland Financial Reports Record Q4 and Full-Year 2025 Performance
LKFN
Earnings
Dividends
Share Buyback
- Lakeland Financial reported record quarterly net income of $29.9 million and diluted earnings per share of $1.16 for the three months ended December 31, 2025, representing increases of 24% and 23% respectively, compared to Q4 2024.
- For the full year ended December 31, 2025, net income grew by 11% to $103.4 million, with diluted earnings per share increasing 10% to $4.01.
- Total revenue for Q4 2025 increased by 10% to $69.8 million compared to Q4 2024, and the net interest margin improved 23 basis points to 3.48%.
- Asset quality significantly improved, with nonperforming assets decreasing 63% to $20.9 million and watch list loans as a percentage of total loans falling to 3.42% as of December 31, 2025, compared to December 31, 2024.
- The company enhanced shareholder returns by increasing its quarterly cash dividend by 4% to $0.52 per share for Q4 2025 and repurchasing 307,590 shares for $17.9 million during the quarter.
Jan 26, 2026, 11:59 AM
Lakeland Financial Announces Quarterly Dividend Increase
LKFN
Dividends
- Lakeland Financial Corporation's Board of Directors approved a quarterly cash dividend of $0.52 per share for the first quarter of 2026.
- This dividend, payable on February 5, 2026, to shareholders of record as of January 25, 2026, represents a 4% increase over the $0.50 per share paid in 2025.
- The company's Chairman and CEO, David M. Findlay, stated that the dividend increase reflects the strength of their capital foundation and disciplined balance sheet management strategy.
Jan 13, 2026, 7:32 PM
Lakeland Financial Corporation Reports Q3 2025 Results
LKFN
Earnings
Revenue Acceleration/Inflection
Dividends
- Lakeland Financial Corporation reported a Total Revenue of $199,192 thousand for YTD 2025, representing a 5% year-over-year increase. The Net Interest Margin (NIM) for Q3 2025 was 3.50%, expanding by 8 basis points linked quarter and 34 basis points over the last twelve months.
- The company maintains a strong capital structure with a Tangible Book Value Per Share of $34.39 for 2025 and a Total Risk-Based Capital ratio of 16.22% as of September 30, 2025.
- Available liquidity stood at $3.6 billion as of September 30, 2025, with commercial loans totaling $4.6 billion.
Oct 27, 2025, 11:00 AM
Lakeland Financial Announces Q3 2025 Results
LKFN
Earnings
Dividends
Revenue Acceleration/Inflection
- Lakeland Financial Corporation reported net income of $26.4 million for the three months ended September 30, 2025, a 13% increase compared to $23.3 million in the prior year's third quarter. Diluted earnings per share also increased by 13% to $1.03 for Q3 2025.
- Revenue for Q3 2025 grew by 13% to $69.0 million from $61.2 million in Q3 2024, primarily driven by a 14% increase in net interest income to $56.1 million.
- The company's net interest margin improved by 34 basis points to 3.50% in Q3 2025 compared to 3.16% in Q3 2024, and the common equity tier 1 capital ratio strengthened to 15.06% from 14.49%.
- The board approved a cash dividend of $0.50 per share for Q3 2025, marking a 4% increase from the $0.48 dividend paid in Q3 2024.
Oct 27, 2025, 11:00 AM
Lakeland Financial Corporation Reports Strong Q3 2025 Financial Performance and Capital Strength
LKFN
Earnings
Dividends
- Lakeland Financial Corporation reported Net Income of $73,455 thousand and Diluted EPS of $2.85 for YTD 2025, representing a 6% year-over-year increase for both metrics compared to YTD 2024. Total revenue for YTD 2025 increased 5% year-over-year to $199,192 thousand, driven by a 13% increase in Net Interest Income.
- The company maintains a strong capital position as of September 30, 2025, with a Tier 1 Leverage Ratio of 12.48% and a Total Risk-Based Capital Ratio of 16.12%, both well above regulatory thresholds. Asset quality remains robust, with Nonperforming Loans/Total Loans at 0.19% and Nonperforming Assets/Total Assets at 0.25% for YTD 2025.
- Net Interest Margin (NIM) expanded by 34 basis points over the last twelve months, reaching 3.50% in Q3 2025, with an 8 basis point linked-quarter expansion. The cost of funds decreased to 2.37% in Q3 2025 from a Q2 2024 peak of 2.90%.
- Total deposits were $6.0 billion as of September 30, 2025, with noninterest-bearing deposits making up 21% of the total. The company's balance sheet is asset-sensitive, with 67% of commercial loans tied to variable interest rates.
Oct 27, 2025, 10:59 AM
Lakeland Financial Reports Strong Q3 2025 Performance with 13% Net Income Growth
LKFN
Earnings
Dividends
Revenue Acceleration/Inflection
- Lakeland Financial Corporation reported net income of $26.4 million for the three months ended September 30, 2025, a 13% increase compared to $23.3 million in the prior year period, with diluted earnings per share of $1.03, also up 13%.
- Revenue grew by 13% to $69.0 million for Q3 2025, driven by a 14% increase in net interest income to $56.1 million and a 34 basis point improvement in net interest margin to 3.50% compared to Q3 2024.
- Asset quality significantly improved, with nonaccrual loans declining 68% to $18.7 million and watch list loans as a percentage of total loans improving to 3.00% from 5.27% in Q3 2024.
- Average loans increased by 3% to $5.21 billion for Q3 2025 compared to the prior year period.
- The company's board approved a cash dividend of $0.50 per share for Q3 2025, a 4% increase from Q3 2024, supported by a common equity tier 1 capital ratio that improved to 15.06%.
Oct 27, 2025, 10:59 AM
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