---
schema_version: "secwatch.filing_event.v1"
accession: "0000721994-24-000030"
form_type: "8-K"
ticker: "LKFN"
cik: "0000721994"
company_name: "LAKELAND FINANCIAL CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:46:17.858172+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lakeland Financial Q1 2024 net income $23.4M, EPS $0.91, down 4% YoY

## Summary
- Net income $23.4M ($0.91 diluted EPS), down 4% and 3% YoY respectively.
- Net interest income $47.4M, down 8% YoY; NIM fell 39 bps to 3.15%.
- Loans grew 5% YoY to $5.0B; deposits up 3% to $5.6B.
- Nonperforming loans remain low at 0.23% of total loans.
- Core operational profitability (excl. one-time items) down 7% YoY.

## SEC filing metadata
- accession: 0000721994-24-000030
- form_type: 8-K
- ticker: LKFN
- cik: 0000721994
- company_name: LAKELAND FINANCIAL CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721994/000072199424000030/0000721994-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721994/000072199424000030/lkfn-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000721994-24-000030
- JSON: https://secwatch.observer/filing/0000721994-24-000030.json
- Plain text: https://secwatch.observer/filing/0000721994-24-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.