Hovde Group downgraded Lakeland Financial from Outperform to Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2026 | Outperform → Market Perform | Hovde Group | |
| 5/6/2025 | $72.00 | Market Perform → Outperform | Hovde Group |
| 3/21/2025 | $66.00 | Market Perform | Hovde Group |
| 2/21/2023 | $78.00 | Mkt Perform → Outperform | Raymond James |
| 7/27/2021 | $70.00 → $66.00 | Equal-Weight | Stephens & Co. |
WARSAW, Ind., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2026 of $0.52 per share, payable February 5, 2026, to shareholders of record as of January 25, 2026. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.50 per share paid in 2025. "Our ability to deliver another healthy increase in the common stock dividend reflects the strength of our capital foundation and our disciplined balance sheet management strategy over a very long period of time," said David M. Findlay, Chair
WARSAW, Ind., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that David M. Findlay, Chairman and Chief Executive Officer, has been named Chairman of the Indiana Bankers Association Board of Directors for 2026. "The Indiana Bankers Association is one of the premier state banking associations in the country thanks to an engaged membership and an exceptional leadership team at the IBA. The IBA has a proven track record of proactively working with Indiana banks to ensure that we remain competitive and relevant in a rapidly evolving financial services world," commented Findlay. Findlay serves as the Chairman of the boards of directors and Chief Executive Officer of La
WARSAW, Ind., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $26.4 million for the three months ended September 30, 2025, which represents an increase of $3.1 million, or 13%, compared with net income of $23.3 million for the three months ended September 30, 2024. Diluted earnings per share were $1.03 for the third quarter of 2025 and increased $0.12, or 13%, compared to $0.91 for the third quarter of 2024. On a linked quarter basis, net income decreased $562,000, or 2%, from $27.0 million. Diluted earnings per share decreased $0.01, or 1%, from $1.04 on a linked quarter basis. Th
Hovde Group downgraded Lakeland Financial from Outperform to Market Perform
Hovde Group upgraded Lakeland Financial from Market Perform to Outperform and set a new price target of $72.00
Hovde Group initiated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
10-Q - LAKELAND FINANCIAL CORP (0000721994) (Filer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
WARSAW, Ind., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2026 of $0.52 per share, payable February 5, 2026, to shareholders of record as of January 25, 2026. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.50 per share paid in 2025. "Our ability to deliver another healthy increase in the common stock dividend reflects the strength of our capital foundation and our disciplined balance sheet management strategy over a very long period of time," said David M. Findlay, Chair
WARSAW, Ind., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $26.4 million for the three months ended September 30, 2025, which represents an increase of $3.1 million, or 13%, compared with net income of $23.3 million for the three months ended September 30, 2024. Diluted earnings per share were $1.03 for the third quarter of 2025 and increased $0.12, or 13%, compared to $0.91 for the third quarter of 2024. On a linked quarter basis, net income decreased $562,000, or 2%, from $27.0 million. Diluted earnings per share decreased $0.01, or 1%, from $1.04 on a linked quarter basis. Th
WARSAW, Ind., July 25, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record second quarter net income of $27.0 million for the three months ended June 30, 2025, which represents an increase of $4.4 million, or 20%, compared with net income of $22.5 million for the three months ended June 30, 2024. Diluted earnings per share were $1.04 for the second quarter of 2025 and increased $0.17, or 20%, compared to $0.87 for the second quarter of 2024. On a linked quarter basis, net income increased $6.9 million, or 34%, from $20.1 million. Diluted earnings per share increased $0.26, or 33%, from $0.78 on a linke
WARSAW, Ind., May 14, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN) and Lake City Bank announced today that Dan Starr and Mindy Creighton Truex have been appointed to their respective Boards of Directors. "Our boards represent the foundational building blocks of stable corporate governance, leadership and engagement in our Indiana communities and provide balanced and thoughtful feedback to our leadership team. The addition of Dan and Mindy brings two proven business and community leaders to the table," said David M. Findlay, Chairman and CEO. "Our boards are an extension of the bank in our Indiana markets and are active partners in the focus to drive
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G/A - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)