Lakeland Financial Q2 2025 Net Income Rises 20% to $27.0 Million, Record Quarter
Lakeland Financial reported record second quarter 2025 net income of $27.0 million, up 20% from $22.5 million a year earlier, with diluted EPS of $1.04 versus $0.87. Net interest income rose 14% to $54.9 million, and provision expense fell to $3.0 million from $8.5 million, while noninterest income fell 44% because of a prior-year Visa share gain.
Key points
- Q2 2025 net income $27.0 million, up 20% from $22.5 million; diluted EPS $1.04 versus $0.87
- Net interest income $54.9 million, up 14%; net interest margin 3.42% versus 3.17%
- Provision expense $3.0 million versus $8.5 million; nonaccrual loans fell 46% to $30.6 million
- Quarterly dividend of $0.50 per share payable August 5, 2025, to holders of record July 25, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits 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 July 25, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.