Lakeland Financial Q3 net income rises 9% to record $28.9 million; EPS up 11%
Lakeland Financial reported record third-quarter 2026 net income of $28.9 million, up from $26.4 million a year earlier, with diluted earnings per share of $1.14 versus $1.03. Total revenue rose 6% to $73.0 million and loans grew 8% year over year, while net charge-offs increased to $3.0 million, including a $2.8 million partial charge-off.
Key points
- Q3 2026 net income of $28.9 million vs. $26.4 million in Q3 2025, up 9%
- Diluted EPS of $1.14 vs. $1.03 a year earlier, up 11%; nine-month diluted EPS of $3.31, up 16%
- Total revenue of $73.0 million, up 6%; net interest margin of 3.58% vs. 3.50%
- Net charge-offs of $3.0 million in Q3 2026, including a $2.8 million partial charge-off; quarterly dividend of $0.52 per share payable November 5, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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