WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Thursday reported net income of $23.4 million in its first quarter.
The bank, based in Warsaw, Indiana, said it had earnings of 91 cents per share. Earnings, adjusted for non-recurring gains, were 88 cents per share.
The holding company for Lake City Bank posted revenue of $103.6 million in the period. Its revenue net of interest expense was $60 million, exceeding Street forecasts.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
