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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
WARSAW, Ind., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced today that the bank ranked 15th in its peer group of banks in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded banks in the United States.
Bank of America Corp DE increased its stake in shares of Lakeland Financial Corporation (NASDAQ: LKFN) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 321,410 shares of the financial services provider's stock after acquiring an additional 14,584 shares
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial delivered strong Q2 results, with net profit up 5% and EPS rising 8% to $1.14. LKFN's robust loan book and reduced loan loss provisions drove improved profitability and a payout ratio below 50%. The stock trades at roughly 2x tangible book and 13-14x earnings, reflecting market appreciation for its quality metrics.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial (LKFN) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.04 per share a year ago.
WARSAW, Ind., July 27, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $28.4 million for the three months ended June 30, 2026, which represents an increase of $1.5 million, or 5%, compared to net income of $27.0 million for the three months ended June 30, 2025. Diluted earnings per share of $1.13 for the second quarter of 2026 also represents a record second quarter performance and increased $0.09, or 9%, compared to $1.04 for the second quarter of 2025. On a linked quarter basis, net income increased $2.0 million, or 7%, from $26.5 million. Diluted earnings per share increased $0.09, or 9%, from $1.04 on a linked quarter basis.