LAKELAND FINANCIAL CORP (LKFN) Form 8-K — Oct 26, 2026
Lakeland Financial (LKFN) reported record Q3 2026 net income of $28.9 million, up 9% year-over-year, with record diluted EPS of $1.14, up 11%. Total revenue rose 6% to $73.0 million and net interest margin expanded 8 bps to 3.58%. Loan growth was the standout, with total loans up 8% year-over-year to $5.68 billion led by 12% growth in commercial and industrial loans. Core deposits of $6.05 billion represent 96% of total deposits, and the company raised its quarterly dividend 4% to $0.52 per share while continuing buybacks under a $60 million authorization.
Key figures
- Eps
- 1.14
- Revenue
- 73000000
- Net Income
- 28857000
- Total Debt
- 101300000
- Revenue Yoy
- 6%
- Total Assets
- 7207927000
- Cash Position
- 115768000
- Shares Outstanding
- 24819965
- Ytd eps
- 3.31
- Q3 2025 eps
- 1.03
- Core deposits
- 6052947000
- Nim yoy change
- +8 bps
- Total deposits
- 6294796000
- Ytd net income
- 83775000
- Loan growth yoy
- 8%
- Net charge offs
- 2968000
- Efficiency ratio
- 49.5%
- Q3 2025 net income
- 26404000
- Loans end of period
- 5680004000
- Net interest margin
- 3.58%
- Total capital ratio
- 15.56%
- Q3 share repurchases
- $2.4 million (41,550 shares at $58.45 weighted average)
- Dividend yoy increase
- 4%
- Q3 dividend per share
- 0.52
- Return on average assets
- 1.59%
- Return on average equity
- 14.88%
- Nonperforming loans ratio
- 0.32%
- Tangible book value per share
- 29.14
- Buyback authorization remaining
- $14.6 million of $60.0 million program
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.