- Lakeland Financial press release ( NASDAQ: LKFN ): Q3 GAAP EPS of $0.17 misses by $0.86 .
- Revenue of $62.66M (+10.2% Y/Y) misses by $0.42M .
- Average total loans were $4.42 billion in the third quarter of 2022, an increase of $61.8 million, or 1%, from $4.35 billion for the third quarter 2021 and $4.43 billion for the second quarter of 2022, a decrease of $9.8 million, or less than 1%.
- Total loans, excluding PPP loans, increased by $340.7 million, or 8%, as of September 30, 2022 compared to September 30, 2021.
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Lakeland Financial GAAP EPS of $0.17 misses by $0.86, revenue of $62.66M misses by $0.42M