secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND FINANCIAL CORP (LKFN)
CIK:        0000721994
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000721994-24-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721994/000072199424000008/0000721994-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721994/000072199424000008/lkfn-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000721994-24-000008

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