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AI brief of an SEC Form 8-K · Lakeland Financial (LKFN)

Lakeland Financial Q3 net income falls 8% to $23.3 million; EPS $0.91

Mixed Impact 3 of 5 earnings Written later

Lakeland Financial reported third-quarter 2024 net income of $23.3 million, down 8% from $25.3 million a year earlier, with diluted earnings per share of $0.91 versus $0.98. Revenue rose 3% to $61.2 million, and net income for the first nine months of 2024 rose 8% to $69.3 million, so shareholders see a mixed quarter against a stronger year-to-date picture.

Key points

  • Q3 2024 net income $23.3 million, down $1.9 million (8%) from $25.3 million in Q3 2023
  • Q3 2024 diluted EPS $0.91, down 7% from $0.98; up 5% from $0.87 in Q2 2024
  • Nine-month 2024 net income $69.3 million, up 8%; diluted EPS $2.69, up 8%
  • Board approved a Q3 cash dividend of $0.48 per share, up 4% from $0.46, payable November 5, 2024

The filing

CompanyLakeland Financial (LKFN)
Form8-K, current report
Filed with the SECOct 25, 2024, 6:59 AM ET
Accession number0000721994-24-000136

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.