Lakeland Financial net income rises 5.5% to $28.4M; buybacks surge

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income rose 5.5% to $28.4M, with diluted EPS up 8.7% to $1.13, driven by higher net interest income and lower credit costs.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Share repurchases accelerated to $23.5M (407,726 shares) in the first half of 2026, up from $1.7M a year earlier

  MD&A: Share repurchases verify on EDGAR →
• high

  Net interest margin expanded 8 basis points to 3.49%, helped by lower deposit costs following Fed rate cuts.

  MD&A: Net interest margin verify on EDGAR →