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Lakeland Financial Q2 2023 Earnings Report

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$60.26 -0.44 (-0.72%)
As of 03/28/2025 04:00 PM Eastern

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

Lakeland Financial is Oversold
Lakeland Financial initiated with a Market Perform at Hovde Group
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Elon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week, President Trump promised to buy a Tesla to help support Musk in the face of a boycott against his company. But according to one research group, with connections to the Pentagon and the U.S. government, Elon's preparing to strike back in a much bigger way in the days ahead.
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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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