Lakeland Financial Q2 Net Income Rises 5% to Record $28.4 Million
Lakeland Financial Corporation reported record second-quarter 2026 net income of $28.4 million, up 5% from $27.0 million a year earlier, with diluted earnings per share of $1.13 versus $1.04. Total revenue rose 7% to $70.9 million, and average loans grew 6%, which supports the company's earnings growth for shareholders.
Key points
- Q2 2026 net income was $28.4 million, up $1.5 million, or 5%, from $27.0 million in Q2 2025.
- Diluted EPS was $1.13, up $0.09, or 9%, from $1.04; first-half 2026 diluted EPS was $2.17, up 19%.
- Total revenue was $70.9 million, up 7% year over year; net interest margin was 3.49%, up 7 basis points.
- Quarterly common dividend rose to $0.52 per share from $0.50, payable August 5, 2026; the company repurchased 70,873 shares at $58.20 on average.
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 27, 2026.
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.