LKFN

Lakeland Financial Corporation reported past first-quarter 2026 results with net interest income of US$56.77 million and net income of US$26.48 million, alongside basic and diluted earnings per share from continuing operations of US$1.04, while also recording higher net charge offs of US$2.08 million. Over the same period, the company completed a share repurchase program totaling 674,743 shares, or 2.66% of its stock, for US$38.81 million, signaling continued capital return to shareholders even as credit costs rose. Next, we’ll examine how the stronger earnings alongside increased net charge offs shape Lakeland Financial’s current investment narrative for investors. Capitalize on the AI infrastructure supercycle with our selection of the 38 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. To own Lakeland Financial, you really need to be comfortable with a slower‑growing regional bank that leans on consistent profitability, disciplined capital returns and a long dividend track record rather than rapid expansion. The latest quarter reinforces that trade‑off: stronger net interest income and higher earnings came alongside a jump in net charge offs, which raises questions about whether credit costs could become a bigger swing factor in the near term. At the same time, management finished a sizeable buyback and maintained a higher dividend, signaling confidence in the balance sheet and earnings power despite rising credit losses. Given the relatively muted share price reaction and prior analysis that already framed growth as modest, the main near‑term catalyst now is how effectively the new Chief Credit Officer manages asset quality from here. However, rising credit losses could quietly reshape the risk profile that shareholders thought they understood. Despite retreating, Lakeland Financial's shares might still be trading 39% above their fair value. Discover the potential downside here. The Simply Wall St Community currently has 1 fair value estimate clustered around US$99.92, suggesting some retail investors see very large upside. Others may focus more on rising charge offs and slower forecast growth, so it is worth weighing how these different views could affect expectations for Lakeland Financial’s returns and risk profile over time. Explore another fair value estimate on Lakeland Financial - why the stock...

Lakeland Financial (LKFN) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.97%. A quarter ago, it was expected that this holding company for Lake City Bank would post earnings of $1.05 per share when it actually produced earnings of $1.16, delivering a surprise of +10.48%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Lakeland Financial, which belongs to the Zacks Banks - Midwest industry, posted revenues of $69.71 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $63.8 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lakeland Financial shares have added about 4.6% since the beginning of the year versus the S&P 500's gain of 4.7%. While Lakeland Financial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lakeland Financial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the comp...

Lakeland Financial (LKFN) reported Q1 earnings Monday of $1.04 per diluted share, up from $0.78 a ye

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Monday reported net income of $26.5 million in its first quarter. The Warsaw, Indiana-based bank said it had earnings of $1.04 per share. The holding company for Lake City Bank posted revenue of $104.9 million in the period. Its revenue net of interest expense was $69.7 million, exceeding Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKFN at https://www.zacks.com/ap/LKFN

Lakeland Financial (LKFN) reported $69.71 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 9.3%. EPS of $1.04 for the same period compares to $0.78 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $69.58 million, representing a surprise of +0.18%. The company delivered an EPS surprise of +2.97%, with the consensus EPS estimate being $1.01. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Lakeland Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.5% compared to the 3.5% average estimate based on two analysts. Efficiency ratio: 50.4% versus 49.6% estimated by two analysts on average. Net Interest Income (FTE): $57.88 million versus $57.97 million estimated by two analysts on average. Total Noninterest Income: $12.93 million versus $12.16 million estimated by two analysts on average. View all Key Company Metrics for Lakeland Financial here>>> Shares of Lakeland Financial have returned +5.6% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lakeland Financial Corporation (LKFN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

WARSAW, Ind., April 27, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record first quarter net income of $26.5 million for the three months ended March 31, 2026, which represents an increase of $6.4 million, or 32%, compared to net income of $20.1 million for the three months ended March 31, 2025. Diluted earnings per share of $1.04 for the first quarter of 2026 also represents a record first quarter performance and increased $0.26, or 33%, compared to $0.78 for the first quarter of 2025. On a linked quarter basis, net income decreased $3.4 million, or 11%, from $29.9 million. Diluted earnings per share decreased $0.12, or 10%, from $1.16 on a linked quarter basis. Pretax pre-provision earnings, which is a non-GAAP measure, were $34.6 million for the three months ended March 31, 2026, an increase of $3.5 million, or 11%, compared to $31.0 million for the three months ended March 31, 2025. On a linked quarter basis, pretax pre-provision earnings declined by $1.8 million, or 5%, from $36.4 million. “We started 2026 with robust, record net income for the second consecutive quarter and high single-digit revenue growth on a year-over-year basis,” noted David M. Findlay, Chairman and CEO. “Our record profitability in the first quarter was driven by healthy loan growth, strong net interest margin expansion, and across-the-board growth in fee based revenue. We entered 2026 with a focus of expanding existing client relationships and increasing market share growth opportunities and the Lake City Bank team delivered great results on the revenue generating front. It was a terrific start to 2026.” Quarterly Financial Performance First Quarter 2026 versus First Quarter 2025 highlights: Return on average equity improved to 13.89%, compared to 11.70% Return on average assets improved to 1.52%, compared to 1.20% Tangible book value per share grew by $2.84, or 11%, to $29.69 Average loans grew by $255.0 million, or 5%, to $5.44 billion Average deposits grew by $180.8 million, or 3%, to $6.06 billion Net interest margin improved 9 basis points to 3.49% versus 3.40% Net interest income increased by $3.9 million, or 7% Noninterest income increased by $2.0 million, or 18% Watch list loans as a percentage of total loans improved to 3.33% from 4.13% Nonaccrual loans declined to $20.9 million, co...

Regional banking company Lakeland Financial (NASDAQGS:LKFN) will be reporting earnings this Monday before market open. Here’s what to look for. Lake City Bank beat analysts’ revenue expectations last quarter, reporting revenues of $70.91 million, up 9.6% year on year. It was a strong quarter for the company, with a decent beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates. Is Lake City Bank a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Lake City Bank’s revenue to grow 8.1% year on year, in line with the 7.7% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lake City Bank has a history of exceeding Wall Street’s expectations. Looking at Lake City Bank’s peers in the regional banks segment, some have already reported their Q1 results, giving us a hint as to what we can expect. OFG Bancorp delivered year-on-year revenue growth of 4.2%, beating analysts’ expectations by 4.8%, and Republic Bancorp reported a revenue decline of 11.3%, falling short of estimates by 4.8%. OFG Bancorp traded up 7.6% following the results while Republic Bancorp was also up 1.4%. Read our full analysis of OFG Bancorp’s results here and Republic Bancorp’s results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.6% on average over the last month. Lake City Bank is up 5.6% during the same time and is heading into earnings with an average analyst price target of $64 (compared to the current share price of $59.68). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.

This article first appeared on GuruFocus. Lakeland Financial Corp (NASDAQ:LKFN) is set to release its Q1 2026 earnings on Apr 27, 2026. The consensus estimate for Q1 2026 revenue is $70.39 million, and the earnings are expected to come in at $1.01 per share. The full year 2026's revenue is expected to be $291.23 million, and the earnings are expected to be $4.31 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 1 Warning Sign with LKFN. Is LKFN fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Lakeland Financial Corp (NASDAQ:LKFN) have increased from $282.81 million to $291.23 million for the full year 2026, and from $297.92 million to $307.27 million for 2027. Earnings estimates have also risen, from $4.14 per share to $4.31 per share for 2026, and from $4.38 per share to $4.55 per share for 2027. In the previous quarter ending 2025-12-31, Lakeland Financial Corp's (NASDAQ:LKFN) actual revenue was $69.80 million, which beat analysts' revenue expectations of $69.50 million by 0.43%. Lakeland Financial Corp's (NASDAQ:LKFN) actual earnings were $1.16 per share, which beat analysts' earnings expectations of $1.06 per share by 10.05%. After releasing the results, Lakeland Financial Corp (NASDAQ:LKFN) was up by 4.20% in one day. Based on the one-year price targets offered by 4 analysts, the average target price for Lakeland Financial Corp (NASDAQ:LKFN) is $64.00, with a high estimate of $67.00 and a low estimate of $63.00. The average target implies an upside of 6.58% from the current price of $60.05. Based on GuruFocus estimates, the estimated GF Value for Lakeland Financial Corp (NASDAQ:LKFN) in one year is $72.79, suggesting an upside of 21.22% from the current price of $60.05. Based on the consensus recommendation from 4 brokerage firms, Lakeland Financial Corp's (NASDAQ:LKFN) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Old Second Bancorp (OSBC) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.77%. A quarter ago, it was expected that this financial holding company would post earnings of $0.53 per share when it actually produced earnings of $0.58, delivering a surprise of +9.43%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Old Second Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $93.77 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.33%. This compares to year-ago revenues of $73.11 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Old Second Bancorp shares have added about 9.6% since the beginning of the year versus the S&P 500's gain of 3.2%. While Old Second Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Old Second Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list o...

WARSAW, Ind., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record quarterly net income of $29.9 million for the three months ended December 31, 2025, which represents an increase of $5.7 million, or 24%, compared to net income of $24.2 million for the three months ended December 31, 2024. Diluted earnings per share were $1.16 for the fourth quarter of 2025 and increased $0.22, or 23%, compared to $0.94 for the fourth quarter of 2024. On a linked quarter basis, net income increased $3.5 million, or 13%, from $26.4 million. Diluted earnings per share increased $0.13, or 13%, from $1.03 on a linked quarter basis. The company further reported net income of $103.4 million for the year ended December 31, 2025, versus $93.5 million for 2024, an increase of $9.9 million, or 11%. Diluted earnings per share increased $0.38, or 10%, to $4.01 for the year ended December 31, 2025, versus $3.63 for 2024. Pretax pre-provision earnings, a non-GAAP measure, were $137.4 million for the year ended December 31, 2025, an increase of $8.9 million, or 7%, compared to $128.4 million for the year ended December 31, 2024. Core operational profitability, a non-GAAP measure that excludes the impact of certain non-routine operating events that occurred during 2024, improved by $14.0 million, or 16%, from $89.4 million to $103.4 million for the years ended December 31, 2024 and 2025, respectively. Pretax pre-provision earnings were $36.4 million for the three months ended December 31, 2025, an increase of $3.4 million, or 10%, compared to $32.9 million for the three months ended December 31, 2024. Pretax pre-provision earnings increased by $2.3 million, or 7%, compared to $34.1 million on a linked quarter basis. Total revenue was $69.8 million for the fourth quarter of 2025 representing an increase of $6.2 million, or 10%, as compared to the fourth quarter of 2024. On a linked quarter basis, revenue increased by $769,000, or 1%, from $69.0 million in the third quarter of 2025. Total revenue increased by $15.5 million, or 6%, to $269.0 million for the year ended December 31, 2025, as compared to $253.5 million for 2024. “The Lake City Bank team produced a very strong fourth quarter with exceptional performance metrics that has created good momentum as we move into 2026. We are pleased with do...

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Monday reported net income of $29.9 million in its fourth quarter. The Warsaw, Indiana-based bank said it had earnings of $1.16 per share. The holding company for Lake City Bank posted revenue of $106.6 million in the period. Its revenue net of interest expense was $69.8 million, which beat Street forecasts. For the year, the company reported profit of $103.4 million, or $4.01 per share. Revenue was reported as $269 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKFN at https://www.zacks.com/ap/LKFN

Lakeland Financial (LKFN) reported $69.8 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 9.8%. EPS of $1.16 for the same period compares to $0.94 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $68.4 million, representing a surprise of +2.04%. The company delivered an EPS surprise of +11.01%, with the consensus EPS estimate being $1.05. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Lakeland Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 3.5% versus the two-analyst average estimate of 3.5%. Efficiency ratio: 47.9% versus 47.3% estimated by two analysts on average. Net Interest Income (FTE): $58.31 million compared to the $57.25 million average estimate based on two analysts. Total Noninterest Income: $12.6 million compared to the $12.1 million average estimate based on two analysts. View all Key Company Metrics for Lakeland Financial here>>> Shares of Lakeland Financial have returned +0.1% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lakeland Financial Corporation (LKFN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research