Earnings Summary

Lakeland Financial Corp’s revenue jumped 50.95% since last year same period to $84.48Mn in the Q2 2023. On a quarterly growth basis, Lakeland Financial Corp has generated 44.71% jump in its revenue since last 3-months.

Lakeland Financial Corp’s net profit fell -43.09% since last year same period to $14.61Mn in the Q2 2023. On a quarterly growth basis, Lakeland Financial Corp has generated -39.82% fall in its net profits since last 3-months.

Lakeland Financial Corp’s net profit margin fell -62.3% since last year same period to 17.29% in the Q2 2023. On a quarterly growth basis, Lakeland Financial Corp has generated -58.41% fall in its net profit margins since last 3-months.

Lakeland Financial Corp’s earning per share (EPS) estimates for the current quarter stand at 1.13 - a 9.71% jump from last quarter’s estimates.

Lakeland Financial Corp’s earning per share (EPS) estimates for the current year stand at 1.13.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Lakeland Financial Corp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Lakeland Financial Corp’s return on equity (ROE) stands at 0.16.

Lakeland Financial Corp declared 0.46 dividend per share during the earnings announcement for Q1 2023.