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 PRESS RELEASE

Lake City Bank Promotes Carrie A. Gutman to Chief Wealth Advisory Offi...

Lake City Bank Promotes Carrie A. Gutman to Chief Wealth Advisory Officer WARSAW, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that it has promoted Carrie A. Gutman, Senior Vice President, Chief Fiduciary Officer, to Chief Wealth Advisory Officer. Gutman, 54, will join the bank’s Management Committee and succeeds Jonathan P. Steiner, Senior Vice President, Chief Wealth Advisory Officer, who will retire on December 6, 2024 after a 40-year career in banking and the last 14 years with Lake City Bank. “Since joining Lake City Bank, Carrie has quickly become a...

 PRESS RELEASE

Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, ...

Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4% WARSAW, Ind., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.3 million for the three months ended September 30, 2024, which represents a decrease of $1.9 million, or 8%, compared with net income of $25.3 million for the three months ended September 30, 2023. Diluted earnings per share were $0.91 for the third quarter of 2024 and decreased $0.07, or 7...

 PRESS RELEASE

Lake City Bank Expands Downtown Campus with Building Acquisition to be...

Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center WARSAW, Ind., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Lake City Bank has purchased the 35,600 square foot three story office building at 122 E. Center Street, Warsaw, IN on August 30, 2024. The office building will significantly expand the bank’s Warsaw Campus and support the continued growth of Lake City Bank. The newly acquired building will be substantially renovated and modernized and will be renamed the Lake City Bank Innovation and Technology Center. Lake City Bank has been hea...

MarketLine Department
  • MarketLine Department

Huntington Bancshares Incorporated - Mergers & Acquisitions (M&A), Par...

Summary Marketline's Huntington Bancshares Incorporated Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Huntington Bancshares Incorporated - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partne...

 PRESS RELEASE

Lakeland Financial Reports Second Quarter Net Income of $22.5 million,...

Lakeland Financial Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan Growth WARSAW, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $22.5 million for the three months ended June 30, 2024, which represents an increase of $7.9 million, or 54%, compared with net income of $14.6 million for the three months ended June 30, 2023. Diluted earnings per share were $0.87 for the second quarter of 2024 and i...

MarketLine Department
  • MarketLine Department

Huntington Bancshares Inc - Company Profile and SWOT Analysis

Summary Huntington Bancshares Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Huntington Bancshares Inc (Huntington Bancshares) is a bank holding company that provides commercial and retail banking, treasury management, wealth management, trust and brokerage services, a...

 PRESS RELEASE

Lakeland Financial Reports First Quarter Net Income of $23.4 Million a...

Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan Growth WARSAW, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.4 million for the three months ended March 31, 2024, which represents a decrease of $877,000, or 4%, compared with net income of $24.3 million for the three months ended March 31, 2023. Diluted earnings per share were $0.91 for the first quarter of 2024 and decreased 3% compared to $0.94 for the first quarter o...

 PRESS RELEASE

Lake City Bank to Participate in the KBW Winter Financial Services Con...

Lake City Bank to Participate in the KBW Winter Financial Services Conference WARSAW, Ind., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that David Findlay, Chairman and CEO; Kristin Pruitt, President and Lisa O’Neill, EVP and CFO will participate in the Keefe, Bruyette & Woods Winter Financial Services Conference to be held February 14 to 16, where they will participate in a series of one-on-one meetings with institutional investors. Management’s discussion materials to be used...

 PRESS RELEASE

Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% A...

Lakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan Growth WARSAW, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.8 million for the twelve months ended December 31, 2023, versus $103.8 million for the prior year, a decrease of 10%, or $10.1 million. Diluted earnings per share also decreased 10% to $3.65 for the twelve months ended December 31, 2023, versus $4.04 for the comparable period of 2022. Core operational profitabil...

 PRESS RELEASE

Lake City Bank Parent Announces 4% Increase in Quarterly Dividend

Lake City Bank Parent Announces 4% Increase in Quarterly Dividend WARSAW, Ind., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2024 of $0.48 per share, payable February 5, 2024, to shareholders of record as of January 25, 2024. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.46 per share paid in 2023. “Lake City Bank’s consistently strong operating performance has contribut...

 PRESS RELEASE

David M. Findlay Appointed Chairman of the Board of Lake City Bank and...

David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company. Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations. Findlay succeeds Michael L. Kubacki as Chairman of the board of both organizations. Kubacki has served in the role s...

 PRESS RELEASE

Lakeland Financial Reports Net Income of $25.3 Million for the Third Q...

Lakeland Financial Reports Net Income of $25.3 Million for the Third Quarter and 10% Annualized Average Loan Growth WARSAW, Ind., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $25.3 million for the three months ended September 30, 2023, which represents a decrease of $3.3 million, or 11%, compared with net income of $28.5 million for the three months ended September 30, 2022. Diluted earnings per share were $0.98 for the third quarter of 2023 and decreased 12% compared to $1.11 f...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: September 9, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: August 19, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: August 18, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Lakeland Financial Reports 10% Loan Growth and Net Income of $14.6 mil...

Lakeland Financial Reports 10% Loan Growth and Net Income of $14.6 million for the Second Quarter WARSAW, Ind., July 21, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $14.6 million for the three months ended June 30, 2023, which represents a decrease of $11.1 million, or 43%, compared with net income of $25.7 million for the three months ended June 30, 2022. Diluted earnings per share were $0.57 for the second quarter of 2023 and decreased 43% compared to $1.00 for the second quarter of 2...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: May 13, 2023

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Lake City Bank and Lakeland Financial Corporation Announce Promotion o...

Lake City Bank and Lakeland Financial Corporation Announce Promotion of Kristin L. Pruitt to President WARSAW, Ind., May 10, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank today announced that Kristin L. Pruitt has been promoted to President of both organizations and will join their respective boards of directors. She joined the company in 2008 as Senior Vice President and General Counsel, was promoted to Executive Vice President in 2014, and to Chief Administrative Officer in in 2019. David M. Findlay, Chief Executive Officer of b...

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