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โ Due Diligence๐ข Press Releases
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2025-07-25 07:00:00 | Lakeland Financial Reports Record Second Quarter Performance; Net Income Grows By 20% To $27.0 Million, As Net Interest Income Expands By 14% Warsaw, ind., july 25, 2025 (globe newswire) -- lakeland financial corporation (nasdaq global select/lkfn), parent company of lake city bank, today reported record second quarter net income of $27.0 million for the three months ended juneย 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended juneย 30, 2024. diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. on a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. diluted earnings per share increased $0.26, or 33%, from $0.78 on a linked quarter basis. |
2025-07-23 16:30:00 | David M. Findlay Named To Indianapolis Business Journalโs Indiana 250 List For Fourth Consecutive Year Warsaw, ind., july 23, 2025 (globe newswire) -- lake city bank is proud to announce that david m. findlay, chairman and chief executive officer, has been named to the indianapolis business journalโs indiana 250 list for the fourth consecutive year. the annual list recognizes the stateโs most influential and impactful leaders across business, philanthropy, the arts, government and not-for-profits. |
2025-06-10 09:30:00 | Lake City Bank Welcomes Back Gregory C. Brown To Lead Newly Formed Commercial Elkhart Region Warsaw, ind., june 10, 2025 (globe newswire) -- lake city bank is pleased to welcome back gregory c. brown as senior vice president, commercial elkhart regional manager. brown will lead the newly formed commercial elkhart region, serving commercial clients in elkhart and surrounding communities. the new region was strategically created to better serve the growing business community in elkhart. |
2025-04-25 07:00:00 | Lakeland Financial Reports A 12% Increase In Net Interest Income And Organic Loan Growth Of 4% Warsaw, ind., april 25, 2025 (globe newswire) -- lakeland financial corporation (nasdaq global select/lkfn), parent company of lake city bank, today reported net income of $20.1 million for the three months ended marchย 31, 2025, which represents a decrease of $3.3 million, or 14%, compared with net income of $23.4 million for the three months ended marchย 31, 2024. diluted earnings per share were $0.78 for the first quarter of 2025 and decreased $0.13, or 14%, compared to $0.91 for the first quarter of 2024. on a linked quarter basis, net income decreased $4.1 million, or 17%, to $24.2 million. diluted earnings per share decreased $0.16, or 17%, from $0.94 on a linked quarter basis. |
2025-01-24 07:00:00 | Lakeland Financial Reports Annual Net Income Of $93.5 Million, Organic Average Loan Growth Of 5% And Average Deposit Growth Of 4% Warsaw, ind., jan. 24, 2025 (globe newswire) -- lakeland financial corporation (nasdaq global select/lkfn), parent company of lake city bank, today reported net income of $93.5 million for the year ended decemberย 31, 2024, versus $93.8 million for the year ended december 31, 2023. diluted earnings per share were $3.63 for the twelve months ended decemberย 31, 2024, versus $3.65 for 2023. |
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