The strong beat and margin expansion suggest continued pricing power and loan growth momentum. Monitor the next earnings call for guidance on net interest margin trajectory and loan growth, as these were key drivers of the beat.
Price Chart
Executive Summary
Lakeland Financial reported strong Q1 2026 earnings with diluted EPS of $1.04, a 33% increase year-over-year, beating consensus of $1.01. Revenue grew 9% to $69.7 million, driven by net interest margin expansion and growth in noninterest income, including a 203% surge in bank-owned life insurance income.
Key Financial Metrics
Key Facts
- Diluted EPS of $1.04, up 33% YoY, beats consensus of $1.01 by 2.97%
- Net income of $26.5 million, up 32% YoY
- Revenue of $69.7 million, up 9% YoY
- Net interest margin improved 9 bps to 3.49%
- Noninterest income up 18% YoY to $12.9 million
- Tangible book value per share grew to $29.69
- Company repurchased $19.2 million in shares during the quarter
Financial Impact
EPS beat by 2.97%, revenue growth of 9% YoY, noninterest income up 18% YoY
Risk Factors
- Noninterest expense increased 7% YoY, potentially pressuring margins if not offset by revenue growth
- Provision for credit losses rose to $2.0 million from $0 in Q4 2025, signaling potential asset quality concerns
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000721994-26-000050 |
| Document: lkfn-20260427.htm | 0000721994-26-000050 |
| Document: 0000721994-26-000050-index-headers.html | 0000721994-26-000050 |
| Document: 0000721994-26-000050-index.html | 0000721994-26-000050 |
| Document: 0000721994-26-000050.txt | 0000721994-26-000050 |
| 8-K Data (Synthetic) | 0000721994-26-000050 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $61.17 $60.71 | ▼ −0.74% | ▼ −1.30% | $60.71 (−0.74%) |
Oct 26, 2026 1d ago | 8-K | $61.17 $60.71 | ▼ −0.74% | ▼ −1.30% | $60.71 (−0.74%) |
Oct 26, 2026 1d ago | 8-K | $61.17 $60.71 | ▼ −0.74% | ▼ −1.30% | $60.71 (−0.74%) |
Oct 13, 2026 14d ago | 8-K | $56.87 $57.02 | ▲ +0.26% | ▲ +1.34% | $60.71 (+6.75%) |
Jul 27, 2026 13w ago | 8-K | $63.35 $63.70 | ▲ +0.55% | ▲ +0.31% | $60.71 (−4.17%) |
Jul 27, 2026 13w ago | 8-K | $63.35 $63.70 | ▲ +0.55% | ▲ +0.31% | $60.71 (−4.17%) |
Jul 27, 2026 13w ago | Press Release | $63.35 $63.70 | ▼ −0.55% | ▼ −0.31% | $60.71 (+4.17%) |
Jul 21, 2026 14w ago | Press Release | $62.11 $61.31 | ▼ −1.29% | ▼ −1.17% | $60.71 (−2.25%) |
May 1, 2026 25w ago | Insider Cluster | $61.38 $60.71 | ▼ −1.09% | ▼ −0.75% | $60.71 (−1.09%) |
Apr 27, 2026 26w ago | 8-K | $61.55 $61.67 | ▲ +0.20% | ▲ +0.68% | $60.71 (−1.36%) |
US Market Status
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