January 25, 2017
Lakeland Financial Reports Record Quarterly and Annual Net Income
Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record net income of $52.1 million for 2016, versus $46.4 million for 2015, an increase of 12%. Diluted net income per common share increased 11% to $2.05 for 2016, versus $1.84 for 2015. This per share performance also represents a record for the company and its shareholders. Read more.