Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth

January 25, 2024

https://www.globenewswire.com/news-release/2024/01/25/2816675/8543/en/Lakeland-Financial-Reports-Annual-Net-Income-of-93-8-Million-and-9-Annualized-Average-Loan-Growth.html

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.

Read more at globenewswire.com

Related news for (LKFN)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.