Lakeland Financial Reports Record Performance
GlobeNewswire - Mon Jul 25, 7:00AM CDT
Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported record quarterly net income of $12.8 million for the second quarter of 2016, an increase of 13%, versus $11.4 million for the second quarter of 2015. Diluted net income per common share of $0.76 for the second quarter of 2016 also represents a quarterly record and an increase of 12%, versus $0.68 for the comparable period of 2015. On a linked-quarter basis net income increased by 4% or $524,000 from $12.3 million for the first quarter ended March 31, 2016.
LKFN: 51.35 (+0.07)
Lake City Bank Parent Announces 14% Increase in Cash Dividend and Stock Split
GlobeNewswire - Wed Jul 13, 2:30PM CDT
Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the second quarter of 2016 of $0.28 per share, payable on August 5, 2016 to shareholders of record as of July 25, 2016. The cash dividend represents a 14% increase over the quarterly cash dividend rate paid in 2015. The Board of Directors also authorized a 3-for-2 stock split, to be effected in the form of a 50% stock dividend.
LKFN: 51.35 (+0.07)
2016 INVESTIndiana Equity Conference Announces Corporate Presentation Lineup
BusinessWire - Tue Jul 12, 10:00AM CDT
INVESTIndiana, an equity conference that highlights the performance of Indiana public companies, today announced a presentation lineup that features Indiana's top health sciences companies as well as leaders in the banking, energy, high-tech and manufacturing sectors.
ESCA: 10.73 (+0.20), ININ: 53.95 (+9.46), ZBH: 131.14 (+3.67), GABC: 34.00 (-0.08), KBAL: 11.39 (-0.13), HBNC: 27.52 (+0.59), LLY: 82.89 (-0.04), LKFN: 51.35 (+0.07), SRCE: 33.61 (-0.28), ONB: 13.16 (+0.04), ECYT: 3.18 (unch), NI: 25.66 (-0.09), INBK: 23.65 (-0.30), BASI: 1.30 (+0.05), MFSF: 28.73 (-0.02)
Downgrade Alert for Lakeland Financial (LKFN)
Comtex SmarTrend(R) - Tue Jun 14, 3:12AM CDT
Lakeland Financial (NASDAQ:LKFN) was downgraded from Overweight to Equal Weight at Stephens today. The stock closed yesterday at $47.75 on volume of 50,000 shares, below average daily volume of 68,000. In the past 52 weeks, Lakeland Financial share prices have been bracketed by a low of $38.71 and a high of $49.91 and closed yesterday at $47.75, 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.
LKFN: 51.35 (+0.07)
Lakeland Financial posts 1Q profit
Automated Insights - Mon Apr 25, 7:13AM CDT
WARSAW, Ind. (AP) _ Lakeland Financial Corp. (LKFN) on Monday reported first-quarter earnings of $12.3 million.
LKFN: 51.35 (+0.07)
Lakeland Financial Reports Record First Quarter Performance
GlobeNewswire - Mon Apr 25, 7:00AM CDT
Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported record first quarter net income of $12.3 million for the three months ended March 31, an increase of 10% versus $11.1 million for the first quarter of 2015. Diluted net income per common share for the quarter increased 11% to $0.73 versus $0.66 for 2015 and also represented a record first quarter for the company.
LKFN: 51.35 (+0.07)
Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 5th Consecutive Year
GlobeNewswire - Wed Apr 20, 2:30PM CDT
Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq:LKFN), announced today that the bank was included in the KBW Bank Honor Roll published by Keefe Bruyette & Woods (KBW). This represents the fifth consecutive year that the bank has been included in the KBW Bank Honor Roll.
LKFN: 51.35 (+0.07)
Lake City Bank Announces Plan for Fifth Indianapolis Market Location in Greenwood
GlobeNewswire - Wed Apr 20, 9:00AM CDT
Lake City Bank confirmed its next location in the Indianapolis market at the southeast corner of Smith Valley Road and State Road 135, in Greenwood. The bank recently acquired an existing facility in the core of the Greenwood community and will begin significant renovations of the facility soon. The office is expected to open in early 2017.
LKFN: 51.35 (+0.07)
Lake City Bank Parent Announces 14% Increase in Quarterly Dividend
GlobeNewswire - Tue Apr 12, 3:00PM CDT
Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2016 of $0.28 per share, payable on May 5, 2016 to shareholders of record as of April 25, 2016. The quarterly dividend represents a 14% increase over the quarterly dividend rate paid in 2015.
LKFN: 51.35 (+0.07)
BUYINS.NET: FCCY, LKFN, LCI, FSBW, SPB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Tue Feb 09, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. 1st Constitution Bancorp (NASDAQ:FCCY), Lakeland Financial Corp (NASDAQ:LKFN), Lannett Company Inc (NYSE:LCI), FARMERS ST BK WEST S (NASDAQ:FSBW), Superior Plus Corp (NYSE:SPB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
LCI: 31.22 (+0.11), SCNB: 32.91 (+0.02), FSBW: 26.80 (+0.07), SPB: 128.77 (+2.19), FCCY: 12.50 (-0.04), LKFN: 51.35 (+0.07)
BUYINS.NET: SFNC, MBVT, LKFN, RJF, CVGI, Expected to Trade Higher After Bullish Insider Trading
M2 - Thu Jan 28, 8:45AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. SIMMONS FIRST NATIONAL CORPORATION (NASDAQ:SFNC), Merchants Bancshares Inc (NASDAQ:MBVT), Lakeland Financial Corp (NASDAQ:LKFN), Raymond James Financial Inc (NYSE:RJF), Commercial Vehicle Group Inc (NASDAQ:CVGI) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
RJF: 54.90 (-0.01), MBVT: 31.78 (-0.08), SFNC: 45.95 (-0.31), CVGI: 4.14 (+0.23), LKFN: 51.35 (+0.07)
Lakeland Financial Reports Record Quarterly and Annual Net Income
GlobeNewswire - Mon Jan 25, 7:00AM CST
Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported record high net income of $46.4 million for 2015, versus $43.8 million for 2014, an increase of 6%. Diluted net income per common share increased 5% to $2.75 for 2015, versus $2.61 for 2014. This per share performance also represents a record level for the company and its shareholders.
LKFN: 51.35 (+0.07)
Lakeland Financial Has Returned 14.6% Since SmarTrend Recommendation (LKFN)
Comtex SmarTrend(R) - Tue Dec 15, 12:45PM CST
SmarTrend identified an Uptrend for Lakeland Financial (NASDAQ:LKFN) on September 24th, 2015 at $42.23. In approximately 3 months, Lakeland Financial has returned 14.61% as of today's recent price of $48.40.
LKFN: 51.35 (+0.07)
14.8% Return Seen to Date on SmarTrend Lakeland Financial Call (LKFN)
Comtex SmarTrend(R) - Mon Dec 07, 5:11PM CST
SmarTrend identified an Uptrend for Lakeland Financial (NASDAQ:LKFN) on September 24th, 2015 at $42.23. In approximately 2 months, Lakeland Financial has returned 14.80% as of today's recent price of $48.48.
LKFN: 51.35 (+0.07)
Uptrend Call Working As Lakeland Financial Stock Rises 13.9% (LKFN)
Comtex SmarTrend(R) - Mon Nov 30, 3:03PM CST
SmarTrend identified an Uptrend for Lakeland Financial (NASDAQ:LKFN) on September 24th, 2015 at $42.23. In approximately 2 months, Lakeland Financial has returned 13.85% as of today's recent price of $48.08.
LKFN: 51.35 (+0.07)
Lakeland Financial Up 13.3% Since SmarTrend Uptrend Call (LKFN)
Comtex SmarTrend(R) - Mon Nov 23, 10:14AM CST
SmarTrend identified an Uptrend for Lakeland Financial (NASDAQ:LKFN) on September 24th, 2015 at $42.23. In approximately 2 months, Lakeland Financial has returned 13.26% as of today's recent price of $47.83.
LKFN: 51.35 (+0.07)