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Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say
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Lakeland Financial (LKFN - Free Report) reported $74.11 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 7.4%. EPS of $1.14 for the same period compares to $1.03 a year ago.
The reported revenue represents a surprise of +0.63% over the Zacks Consensus Estimate of $73.65 million. With the consensus EPS estimate being $1.08, the EPS surprise was +5.56%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lakeland Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 49.5% versus the three-analyst average estimate of 48.8%.
Net Interest Margin: 3.6% versus 3.5% estimated by three analysts on average.
Net Charge Offs/(Recoveries) to Average Loans: 0.2% compared to the 0.1% average estimate based on two analysts.
Average Balance - Total earning assets: $6.84 billion compared to the $6.92 billion average estimate based on two analysts.
Total Noninterest Income: $12.27 million versus the three-analyst average estimate of $12.73 million.
Net Interest Income (FTE): $61.84 million versus the three-analyst average estimate of $60.9 million.
Service charges on deposit accounts: $3.01 million compared to the $3 million average estimate based on two analysts.
Loan and service fees: $3.04 million compared to the $3.05 million average estimate based on two analysts.
Shares of Lakeland Financial have returned -1.9% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Lakeland Financial (LKFN) Reports Q3 Earnings: What Key Metrics Have to Say
Lakeland Financial (LKFN - Free Report) reported $74.11 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 7.4%. EPS of $1.14 for the same period compares to $1.03 a year ago.
The reported revenue represents a surprise of +0.63% over the Zacks Consensus Estimate of $73.65 million. With the consensus EPS estimate being $1.08, the EPS surprise was +5.56%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lakeland Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Lakeland Financial here>>>
Shares of Lakeland Financial have returned -1.9% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.