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Lakeland Financial Q2 2023 Earnings Report

Lakeland Financial logo
$68.88 +0.62 (+0.91%)
(As of 12/20/2024 05:31 PM ET)

Lakeland Financial EPS Results

Actual EPS
$0.57
Consensus EPS
$0.91
Beat/Miss
Missed by -$0.34
One Year Ago EPS
$1.00

Lakeland Financial Revenue Results

Actual Revenue
$95.98 million
Expected Revenue
$59.40 million
Beat/Miss
Beat by +$36.58 million
YoY Revenue Growth
N/A

Lakeland Financial Announcement Details

Quarter
Q2 2023
Time
Before Market Opens
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Lakeland Financial Earnings Headlines

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Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Lakeland Financial (LKFN) Receives a Hold from Janney Montgomery
Lakeland Financial Highlights Growth and Financial Health
See More Lakeland Financial Headlines
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About Lakeland Financial

Lakeland Financial (NASDAQ:LKFN) operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.

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