Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth
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., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.8 million for the twelve months ended December 31, 2023, versus $103.8 million for the prior year, a decrease of 10%, or $10.1 million. Diluted earnings per share also decreased 10% to $3.65 for the twelve months ended December 31, 2023, versus $4.04 for the comparable period of 2022. Core operational profitability, a non-GAAP financial measure, for the twelve months ended December 31, 2023 was $101.6 million, a decrease of $2.2 million, or 2%, from the prior year. Core operational diluted earnings per common share for the twelve months ended December 31, 2023 was $3.95, also a decrease of 2%, from the prior year. Core operational profitability excludes $7.8 million, or $0.30 per share, of the overall net impact of the wire fraud loss that occurred during the second quarter of 2023. Net income was
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News
- Lakeland Financial First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan Growth [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan GrowthGlobeNewswire
- Lakeland Financial Corporation (NASDAQ:LKFN) Goes Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Lakeland Financial (NASDAQ:LKFN) Will Pay A Dividend Of $0.48 [Yahoo! Finance]Yahoo! Finance
LKFN
Earnings
- 4/26/24 - Beat
LKFN
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/10/24 - Form 8-K
- LKFN's page on the SEC website