Lakeland Financial (LKFN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Lakeland Financial (LKFN) reported revenue of $63.57 million for the quarter ended December 2024, reflecting a year-over-year decline of 3.4% [1] - Earnings per share (EPS) for the quarter was $0.94, down from $0.98 in the same quarter last year, but exceeded the consensus estimate of $0.89 by 5.62% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $61.2 million by 3.87% [1] Financial Metrics - Net Interest Margin was reported at 3.3%, slightly above the two-analyst average estimate of 3.2% [4] - The Efficiency Ratio stood at 48.2%, better than the two-analyst average estimate of 49.1% [4] - Total Noninterest Income was $11.88 million, exceeding the two-analyst average estimate of $11.70 million [4] Stock Performance - Over the past month, shares of Lakeland Financial have returned -3.6%, contrasting with the Zacks S&P 500 composite's increase of +2.5% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]