---
schema_version: "secwatch.filing_event.v1"
accession: "0000721994-26-000050"
form_type: "8-K"
ticker: "LKFN"
cik: "0000721994"
company_name: "LAKELAND FINANCIAL CORP"
filed_at: "2026-04-27T23:59:59+00:00"
generated_at: "2026-05-15T04:06:37.910077+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0000721994-26-000050
- form_type: 8-K
- ticker: LKFN
- cik: 0000721994
- company_name: LAKELAND FINANCIAL CORP
- filed_at: 2026-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/721994/000072199426000050/0000721994-26-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/721994/000072199426000050/lkfn-20260427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000721994-26-000050
- JSON: https://secwatch.observer/filing/0000721994-26-000050.json
- Plain text: https://secwatch.observer/filing/0000721994-26-000050.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/721994/000072199426000050/0000721994-26-000050-index.htm

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