Filing Flows › Lakeland Financial (LKFN) › Q3 2026
Lakeland Financial (LKFN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Lakeland Financial (LKFN) reported revenue of $73.0M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +3% from the quarter before. Operating margin was 48.9%, net earnings $28.9M (39.5% of revenue).
Lakeland Financial, Q3 2026: revenue $73.0M (+6% year over year), operating margin 48.9%, net earnings $28.9M, operating cash flow $41.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.0M | +3% | +6% |
| Operating profit | $35.7M | +3% | +11% |
| Net earnings | $28.9M | +1% | +9% |
| Operating cash flow | $41.7M | +71% | +16% |
| Free cash flow | $40.1M | +110% | +29% |
What changed
Revenue was $73.0M in Q3 2026, up 6% year over year and up 3% from the previous quarter. Net interest income was the largest line at 83% of revenue. Net interest income added $4.6M year over year (up 8%), 117% of the total change. Noninterest income declined 5%.
Operating profit was $35.7M, a 48.9% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 91% reached operating profit, above the 46% margin then. Total costs grew 1% against revenue growth of 6%. Net earnings were $28.9M, up 9% year over year. The effective tax rate was 19.1%.
Operating cash flow was $41.7M (up 16% year over year), 144% of net earnings. Non-cash charges added back $1.7M of depreciation and $2.6M of share-based compensation. Working capital and other items added $8.5M. Capital expenditures of $1.6M left free cash flow of $40.1M.
Questions
What was Lakeland Financial's revenue in the third quarter 2026?
Lakeland Financial (LKFN) reported revenue of $73.0M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +3% from the quarter before.
Was Lakeland Financial profitable in the third quarter 2026?
Operating profit was $35.7M (48.9% of revenue) and net earnings $28.9M.
Source: Lakeland Financial 10-Q on SEC EDGAR.