Lakeland Financial Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 48.39 million compared to USD 52.49 million a year ago. Net income was USD 25.25 million compared to USD 28.53 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to USD 1.12 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 1.11 a year ago.
For the nine months, net interest income was USD 148.44 million compared to USD 146.05 million a year ago. Net income was USD 64.14 million compared to USD 77.84 million a year ago. Basic earnings per share from continuing operations was USD 2.51 compared to USD 3.05 a year ago. Diluted earnings per share from continuing operations was USD 2.49 compared to USD 3.03 a year ago.