Lakeland Financial Q2 FY26 net income rises 5% to $28.4 million; revenue climbs 7% to $70.9 million

Reuters2026/07/27 11:05

By:Reuters

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Lakeland Financial posts Q2 net income of $28.4 million, up 5% year over year; diluted EPS rises 9% to $1.13.
Revenue climbs 7% to $70.9 million; net interest margin widens 7 basis points to 3.49%.
Average loans increase 6% to $5.53 billion; period-end loans grow 7% to $5.58 billion, led by 10% commercial and industrial growth.
Core deposits rise 4% from Q1 to $6.03 billion; total deposits increase 2% year over year to $6.33 billion.
Board declares a $0.52 quarterly dividend, up 4% year over year; repurchases total $4.1 million at $58.20 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lakeland Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607270700PRIMZONEFULLFEED9767818) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lakeland Financial Q2 FY26 net income rises 5% to $28.4 million; revenue climbs 7% to $70.9 million

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