---
schema_version: "secwatch.filing_event.v1"
accession: "0000721994-25-000041"
form_type: "8-K"
ticker: "LKFN"
cik: "0000721994"
company_name: "LAKELAND FINANCIAL CORP"
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T12:22:08.261051+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lakeland Financial reports flat FY2024 net income of $93.5M, EPS $3.63

## Summary
- Net income $93.5M ($3.63 EPS) in FY2024, flat YoY; pretax pre-provision earnings up 11% to $128.4M.
- Average loans $5.04B (+5% YoY); net interest margin 3.18% (down 13bps YoY).
- Deposit costs fell to 2.56% in 4Q24 from 2.90% peak in 2Q24; total deposits $5.9B.
- TCE/tangible assets 10.19%, total risk-based capital 15.90% - well above well-capitalized thresholds.
- Asset quality: ACL 1.68% of loans; nonperforming loans/total loans 0.25%.

## SEC filing metadata
- accession: 0000721994-25-000041
- form_type: 8-K
- ticker: LKFN
- cik: 0000721994
- company_name: LAKELAND FINANCIAL CORP
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721994/000072199425000041/0000721994-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721994/000072199425000041/lkfn-20250124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000721994-25-000041
- JSON: https://secwatch.observer/filing/0000721994-25-000041.json
- Plain text: https://secwatch.observer/filing/0000721994-25-000041.txt

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