Inferra AI / Company / LKFN

Lakeland Financial Corp

LKFN · Financials

Last earnings Oct 26, 2026

Key results

Net incomequarter

$26.4 million

net income of $26.4 million for the three months ended September 30, 2025, which represents an increase of $3.1 million, or 13%, compared with

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

net income of $23.3 million for the three months ended September 30, 2024.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

EPSquarter

$1.03

Diluted earnings per share were $1.03 for the third quarter of 2025 and increased $0.12, or 13%, compared to $0.91 for the third quarter of 2024.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Net incomeytd

$73.5 million

The company further reported net income of $73.5 million for the nine months ended September 30, 2025, versus $69.3 million for the comparable period of 2024, an increase of $4.2 million, or 6%.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Revenuequarter

13%

We have smartly managed our balance sheet to produce this 34 basis point expansion in net interest margin which contributed to a 13% overall growth in revenue.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

AI analysis

Q3 2025 · reported Oct 27, 2025

Based on: Earnings release + parent 8-K — transcript not held

EPS · Q3 2025

$1.03

+13.2% vs year ago computed from stated figures

EX-99 · Oct 27, 2025

Net income · Q3 2025

$26.4M

EX-99 · Oct 27, 2025

The quarter in charts

Diluted EPS — GAAP

Per diluted share, as stated

EX-99 · Oct 27, 2025 EPS values as stated in the release.

Headline figures

Metric	Q3 2025	Prior qtr	Year ago
Net income	$26.4 million	—	—
EPS	$1.03	—	$0.91
Revenue	13%	—	—

EX-99 · Oct 27, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.50

As announced on October 14, 2025, the board of directors approved a cash dividend for the third quarter of $0.50 per share, payable on November 5, 2025, to shareholders of record as of October 25, 2025.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Diluted earnings per share were $1.03 for the third quarter of 2025 and increased $0.12, or 13%, compared to $0.91 for the third quarter of 2024

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

The third quarter dividend per share represents a 4% increase from the $0.48 dividend per share paid for the third quarter of 2024.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Our strength of capital provides us with the ability to support our common dividend to shareholders while also supporting our organic growth strategy.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Strategy & priorities

Healthy expansion in our net interest margin accompanied by great noninterest income growth and consistent loan growth delivered a strong quarter for the Lake City Bank team.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Our strength of capital provides us with the ability to support our common dividend to shareholders while also supporting our organic growth strategy.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Our continued expansion 3 plans in Indianapolis present an opportunity to continue to gain deposit market share in an area of Indiana that is expected to experience significant population growth in upcoming years.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

The cumulative loan beta for the current rate-easing cycle that began in September 2024 is 20% compared to the deposit beta of 43% during the period and has resulted in net interest margin expansion and benefited net interest income.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

The combined effect of net interest margin expansion and continued loan and deposit growth in 2025 have resulted in 14% improvement in net interest income as compared to the nine months ended September 30, 2024, noted O'Neill.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Risks & headwinds

While there continues to be concern driven by uncertainty surrounding tariffs, we are pleased with these improved asset quality trends and continue to closely monitor credit trends across all segments of the loan portfolio.

SEC original ↗Lakeland Financial Corp — Earnings release (8-K exhibit)EX-99Oct 27, 2025

Documents

Earnings deck slides

0 decks with slide view

Lakeland Financial Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors