Lakeland Financial reports Q4 record EPS of $1.16; annual net income down 10% to $93.8M

LAKELAND FINANCIAL CORP

2023-FY EPS reported $3.65

Annual net income $93.8M (down 10% YoY); diluted EPS $3.65 vs $4.04.
Q4 diluted EPS $1.16 (record), up 15% QoQ; net income $29.6M, up 14% YoY.
Core operational Q4 EPS $0.98 (flat linked quarter); excludes $6.3M wire fraud recovery.
Average loan growth 9% annualized; net interest margin 3.23%, up 2 bps linked quarter.
Dividend raised to $0.48 per share (4% increase); payable Feb 5, 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LAKELAND FINANCIAL CORP reported the three and twelve months ended December 31, 2023 results: net income $93.8 million, EPS $3.65.

Period: the three and twelve months ended December 31, 2023
Net income: $93.8 million
EPS: $3.65
Result: reported results

Exact text from the filing

Lakeland Financial Reports Annual Net Income of $93.8 Million

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

LAKELAND FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000721994-24-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.