Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $26.4 million for the three months ended September 30, 2025, which represents an increase of $3.1 million, or 13%, compared with net income of $23.3 million for the three months ended September 30, 2024. Diluted earnings per share were $1.03 for the third quarter of 2025 and increased $0.12, or 13%, compared to $0.91 for the third quarter of 2024. On a linked quarter basis, net income decreased $562,000, or 2%, from $27.0 million. Diluted earnings per share decreased $0.01, or 1%, from $1.04 on a linked quarter basis. Read more.
Related Articles
Lake City Bank Announces Significant Market Expansion in Fort Wayne at Electric Works
Lake City Bank is pleased to announce significant expansion in the Fort Wayne market due to its continued growth. The bank will lease approximately 15,025 square feet in Electric Works that will serve as the market headquarters of the bank’s Commercial Banking and Credit Administration teams. In addition, the bank will open a 2,500 square foot full-service branch at Electric Works to serve the growing community generated by the further development taking place at the Electric Works campus.
Lake City Bank’s Esperanza Arias Promoted to Retail Banking Officer at Elkhart River District Branch
Lake City Bank is pleased to announce that Esperanza Arias has been promoted to Retail Banking Officer at the bank’s Elkhart River District branch.
In this position, Arias leads sales and service efforts in the branch, manages the daily operations of the office and supports office staff in their efforts to provide quality service and build customer relationships. She has been with the bank for five years.
Lake City Bank’s Chairman & Chief Executive Officer David Findlay Receives Sagamore of the Wabash Award
Lake City Bank is pleased to announce that David M. Findlay, Chairman and Chief Executive Officer, received the Sagamore of the Wabash award, Indiana’s highest civilian honor.
The Sagamore of the Wabash is awarded by the Governor of Indiana in recognition of exemplary Hoosiers who have demonstrated distinguished service and leadership throughout the state.