Lakeland Financial: Q3 Earnings Snapshot

WARSAW, Ind. (AP) — WARSAW, Ind. (AP) — Lakeland Financial Corp. (LKFN) on Monday reported third-quarter profit of $28.9 million.

The bank, based in Warsaw, Indiana, said it had earnings of $1.14 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The holding company for Lake City Bank posted revenue of $109.6 million in the period. Its revenue net of interest expense was $74.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKFN at https://www.zacks.com/ap/LKFN