Lakeland Financial Corporation — Third Quarter 2026 Earnings Summary

Lakeland Financial Corporation reported record third-quarter 2026 net income of $28.9 million, representing a 9% increase from the same period in 2025, with diluted earnings per share rising 11% to $1.14. Total revenue grew 6% to $73.0 million, driven by an 8% increase in loans to $5.68 billion and an expansion of the net interest margin to 3.58%. The company maintained strong capital levels with a total capital ratio of 15.56% and continued its share repurchase program while announcing a 4% dividend increase to $0.52 per share.