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Lakeland Financial: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Thursday reported net income of $22.5 million in its second quarter.

The bank, based in Warsaw, Indiana, said it had earnings of 87 cents per share. Earnings, adjusted for non-recurring gains, came to 74 cents per share.

The holding company for Lake City Bank posted revenue of $114.2 million in the period. Its revenue net of interest expense was $68.7 million, exceeding Street forecasts.

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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