-+ 0.00%
-+ 0.00%
-+ 0.00%
Lakeland Financial: Q3 Earnings Snapshot
Share
Listen to the news

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Monday reported third-quarter profit of $28.9 million.

The bank, based in Warsaw, Indiana, said it had earnings of $1.14 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The holding company for Lake City Bank posted revenue of $109.6 million in the period. Its revenue net of interest expense was $74.1 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKFN at https://www.zacks.com/ap/LKFN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending