Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
Rhea-AI Summary
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.
Positive
- Dividend increase of 4% to $0.52 per share
- Dividend payable Feb 5, 2026 to record holders Jan 25, 2026
- $6.9 billion bank assets and 55 branches indicate scale
Negative
- None.
News Market Reaction – LKFN
In the Jan 13 session, LKFN gained 0.39%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WARSAW, Ind., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2026 of
“Our ability to deliver another healthy increase in the common stock dividend reflects the strength of our capital foundation and our disciplined balance sheet management strategy over a very long period of time,” said David M. Findlay, Chairman and Chief Executive Officer.
Lake City Bank, a
This document contains, and future oral and written statements of the company and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the company’s management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “continue,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should” or other similar expressions. The company’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain and, accordingly, the reader is cautioned not to place undue reliance on any forward-looking statements made by the company. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the company undertakes no obligation to update any statement in light of new information or future events. Numerous factors could cause the company’s actual results to differ from those reflected in forward-looking statements, including the effects of economic, business and market conditions and changes, particularly in our Indiana market area, including prevailing interest rates and the rate of inflation; governmental trade, monetary and fiscal policies; the risks of changes in interest rates on the levels, composition and costs of deposits, loan demand and the values and liquidity of loan collateral, securities and other interest sensitive assets and liabilities; and changes in borrowers’ credit risks and payment behaviors, as well as those identified in the company’s filings with the Securities and Exchange Commission, including the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Contact
Lisa M. O’Neill
Executive Vice President and Chief Financial Officer
(574) 267-9125
lisa.oneill@lakecitybank.com
