Detail akcie Lakeland Fin online

Business Summary: Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, and trust and wealth management, brokerage, and treasury management commercial services. It serves a diverse customer base, including commercial customers across a wide variety of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care. The Bank serves Central and Northern Indiana communities with 54 branch offices in 15 counties and a robust digital banking platform. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) to the maximum extent provided under federal law and FDIC regulations. It also provides credit card services to retail and commercial customers.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Lakeland Financial Corporation interest income increased 13% to $184.8M. Net interest income after loan loss provision decreased 10% to $85.7M. Net income increased 18% to $46M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 7% to 3.16%, Taxable-Interest and dividends on sec,, decrease of 11% to $6.1M, Tax Exempt decrease of 6% to $7.9M.