Lakeland Financial eports Q3 EPS $1.03, consensus $1.04

Reports Q3 revenue $69M, consensus $69.2M. Tangible book value per share grew by $1.86, or 7%, to $28.93. Net interest margin improved 34 basis points to 3.50% versus 3.16%. Common equity tier 1 capital ratio improved to 15.06%, compared to 14.49% .”Healthy expansion in our net interest margin accompanied by great noninterest income growth and consistent loan growth delivered a strong quarter for the Lake City Bank team. We have had significant relationship growth in all areas of the business during 2025 with special emphasis on our commercial banking, treasury management services, and wealth advisory business units,” stated David Findlay, Chairman and CEO. “Our terrific growth in Indianapolis continues and we opened our 9th office in the Indianapolis market and 55th office overall.”