Lakeland Financial (LKFN) Q1 EPS $1.04, net income $26.5M, up 32% YoY; loan growth 5%

LAKELAND FINANCIAL CORP

2026-Q1 EPS reported $1.04

Diluted EPS $1.04 vs $0.78 YoY; net income $26.5M vs $20.1M, a record first quarter.
Average loans grew 5% to $5.44B; net interest margin expanded 9 bps to 3.49%.
Noninterest income up 18% to $12.9M; nonperforming assets fell 64% to $20.9M.
Dividend increased 4% to $0.52/share; repurchased 336,853 shares at $56.99 avg.
Tangible book value per share grew 11% to $29.69; CET1 ratio 14.45%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LAKELAND FINANCIAL CORP reported the three months ended March 31, 2026 results: net income $26.5 million, EPS $1.04.

Period: the three months ended March 31, 2026
Net income: $26.5 million
EPS: $1.04
Result: reported results

Exact text from the filing

Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record first quarter net income of $26.5 million for the three months ended March 31, 2026

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LAKELAND FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000721994-26-000050

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