Lakeland Finl Corp Stock Price, News & Analysis

Lakeland Financial Corporation (Nasdaq: LKFN) announced a 4% increase in its quarterly cash dividend to $0.52 per share for Q1 2026, payable February 5, 2026 to shareholders of record as of January 25, 2026. The prior quarterly rate in 2025 was $0.50 per share.

Lake City Bank, the company's single bank subsidiary, is a $6.9 billion bank with 55 branches serving Central and Northern Indiana.

Lake City Bank (Nasdaq: LKFN) announced that David M. Findlay, Chairman and CEO of Lakeland Financial and Lake City Bank, has been named Chairman of the Indiana Bankers Association Board of Directors for 2026.

Findlay previously served as IBA Vice Chair in 2025 and is a 2019 Leaders in Banking Excellence honoree. He has held senior roles at Lakeland Financial since 2000. Lake City Bank is a $6.9 billion bank headquartered in Warsaw, Indiana, with 55 branches serving Central and Northern Indiana.

Lake City Bank (NASDAQ:LKFN) partnered with Spiral to add a branded Roundup Center called Lake City Bank SpendSave, enabling customers to round up debit card purchases and direct spare change to savings or charitable causes.

The program includes split allocations between savings and donations, support for local and national nonprofits, real-time impact tracking, and tax-deductible donation receipts. Lake City Bank and Spiral say the integration aims to enhance financial wellness, enrich digital banking experiences, and help grow deposits through personalized roundups.

Lakeland Financial (Nasdaq: LKFN) reported Q3 2025 net income of $26.4 million, up 13% year-over-year, with diluted EPS of $1.03 (+13% YoY). Net interest income rose 14% and net interest margin expanded 34 basis points to 3.50%. Average loans were about $5.21 billion and total loans outstanding were $5.25 billion. Total deposits increased 3% YoY to $6.02 billion with core deposits representing 97% of the mix. Capital ratios strengthened: CET1 15.06% and total risk-based capital 16.22%. The board approved a $0.50 quarterly cash dividend payable Nov 5, 2025 (4% increase YoY). Unrealized available-for-sale securities losses were $159.9 million.

Lake City Bank (NASDAQ:LKFN) has announced a $12 million investment in its Innovation and Technology Center as part of its Downtown Warsaw Headquarters Campus expansion. The 35,600 square foot office building, purchased in 2024, will undergo complete renovation with completion expected by summer 2026.

The facility will serve as a central hub for the bank's Technology Services, Information Security, Application Management, and Project Management teams, with capacity for 110 employees, up from the current 40 team members. This investment adds to Lake City Bank's significant presence in Warsaw, where it currently employs 283 team members downtown, making it the largest downtown employer.

The project continues Lake City Bank's substantial investment in the region, following $23 million invested in Downtown Warsaw and $31 million countywide since 2010. The bank, founded in 1872, manages $7.0 billion in assets and operates 55 branch offices across Central and Northern Indiana.

Lake City Bank (NASDAQ:LKFN) has expanded its presence in the Indianapolis market with the opening of its newest branch in downtown Westfield, Indiana on September 2, 2025. The full-service office, located at 170 Jersey St., represents the bank's 55th overall branch and 9th location in the Indianapolis Region.

The new branch is strategically positioned within The Union at Grand Junction development, where Lake City Bank also serves as a financing partner. The development features a mix of apartments, retail space, offices, restaurants, and public parking. Stacy R. Oswald, Vice President and Retail Banking Officer with 23 years of industry experience, will manage the Westfield location.

Lake City Bank, founded in 1872, is a $7 billion financial institution headquartered in Warsaw, Indiana, operating under Lakeland Financial Corporation.

Lakeland Financial Corporation (NASDAQ:LKFN) reported record Q2 2025 performance with net income of $27.0 million, a 20% increase from Q2 2024. The company achieved diluted EPS of $1.04, up 20% year-over-year.

Key financial highlights include: net interest margin improvement to 3.42%, 14% growth in net interest income, and core deposits growth of $423.9 million (8%) to $6.03 billion. The company's loan portfolio expanded by $194.8 million (4%) to $5.23 billion, while maintaining strong capital ratios with a total risk-based capital ratio of 15.86%.

The board approved a quarterly cash dividend of $0.50 per share, representing a 4% increase from Q2 2024. The company also repurchased 30,300 shares for $1.7 million during the quarter.

Lake City Bank (NASDAQ:LKFN) announced that Chairman and CEO David M. Findlay has been named to the Indianapolis Business Journal's Indiana 250 list for the fourth consecutive year. The recognition highlights influential leaders across business, philanthropy, arts, government, and non-profits in Indiana.

Findlay, who has served in various leadership roles at Lake City Bank since 2000, currently leads the $6.9 billion bank headquartered in Warsaw, Indiana. The bank operates 54 branch offices throughout Central and Northern Indiana, focusing on community banking and technology-forward solutions.

Lake City Bank (NASDAQ:LKFN) has announced the acquisition of a property at 6388 Mills Drive in Whitestown, Indiana, which will be converted into a full-service branch expected to open in 2026. This expansion marks the bank's first presence in Boone County and will be its 10th office in the Indianapolis Region since entering the market in 2011.

The property, previously housing restaurants, will undergo renovations to become a modern banking facility featuring a full-service lobby, drive-up banking, and an ATM. The strategic location near Interstate 65 positions the bank to serve both residential and business customers in the growing Whitestown community. Lake City Bank, a $6.9 billion institution headquartered in Warsaw, Indiana, currently operates 54 branch offices across Central and Northern Indiana.