Home/ Crypto News/ Lakeland Financial (LKFN) Stock: Gains as Q3 Net Income Rises 9% to $28.9M
blockonomi 1 week ago

Lakeland Financial (LKFN) Stock: Gains as Q3 Net Income Rises 9% to $28.9M

TLDR LKFN stock climbs 3.44% to $60.40 after the bank reports record Q3 earnings. Quarterly net income rises 9% to $28.9M as diluted EPS reaches a record $1.14. Revenue increases 6% to $73M while net interest income grows 8% year over year. Total loans expand 8% to $5.68B as core deposits rise 3% to $6.05B [...]

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Source: Source: Blockonomi