Lakeland Financial (LKFN) Tops Q1 EPS by 4c

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Go back to Lakeland Financial (LKFN) Tops Q1 EPS by 4c

Lakeland Financial Reports Strong First Quarter Performance

April 27, 2015 8:01 AM EDT

WARSAW, Ind., April 27, 2015 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq: LKFN), parent company of Lake City Bank, today reported net income of $11.1 million for the first quarter of 2015, an increase of 12% versus $9.9 million for the first quarter of 2014. Diluted net income per common share also increased 12% to $0.66 versus $0.59 for 2014.

"Our net income and earnings per share performance represents a record for the first quarter and are an excellent start to 2015. The Lake City Bank team continues to make inroads in the Indiana communities we serve and we are well positioned for continued future... More