---
schema_version: "secwatch.filing_event.v1"
accession: "0000721994-25-000125"
form_type: "8-K"
ticker: "LKFN"
cik: "0000721994"
company_name: "LAKELAND FINANCIAL CORP"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T06:19:29.999613+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LKFN Q1 net income falls 14% YoY; NIM expands 15 bps to 3.40%

## Summary
- Net income YTD 2025 $20.1M vs $23.4M YoY; diluted EPS $0.78 vs $0.91.
- Net interest margin expanded 15 bps linked-quarter to 3.40% in Q1 2025.
- Average loans and deposits each grew 4% YoY to $5.2B and $5.9B respectively.
- Nonperforming loans/total loans rose to 0.85% from 0.27% in 2024, citing a single commercial credit.
- Strong capital: TCE/tangible assets 10.09%, total risk-based capital 15.77%.

## SEC filing metadata
- accession: 0000721994-25-000125
- form_type: 8-K
- ticker: LKFN
- cik: 0000721994
- company_name: LAKELAND FINANCIAL CORP
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721994/000072199425000125/0000721994-25-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721994/000072199425000125/lkfn-20250425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000721994-25-000125
- JSON: https://secwatch.observer/filing/0000721994-25-000125.json
- Plain text: https://secwatch.observer/filing/0000721994-25-000125.txt

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