secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND FINANCIAL CORP (LKFN)
CIK:        0000721994
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0000721994-25-000188
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Financial Q2 net income record $27.0M (+20% YoY); dividend raised to $0.50
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- Net income $27.0M, diluted EPS $1.04 (+20% YoY); net interest income $54.9M (+14%).
- Net interest margin expanded 25 bps to 3.42%; core deposits grew 8% to $6.03B.
- Total loans $5.23B (+4% YoY); provision expense fell to $3.0M from $8.5M.
- Nonperforming assets down 46% to $31.1M; $28.6M charge-off on previously disclosed loan, fully reserved.
- Quarterly dividend raised 4% to $0.50 per share; 30,300 shares repurchased at $55.94 avg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721994/000072199425000188/0000721994-25-000188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721994/000072199425000188/lkfn-20250725.htm
  HTML page:      https://secwatch.observer/filing/0000721994-25-000188

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