Lakeland Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 48.52 million compared to USD 48.68 million a year ago. Net income was USD 14.61 million compared to USD 25.67 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 1 a year ago.
For the six months, net interest income was USD 100.04 million compared to USD 93.56 million a year ago. Net income was USD 38.89 million compared to USD 49.32 million a year ago. Basic earnings per share from continuing operations was USD 1.52 compared to USD 1.93 a year ago. Diluted earnings per share from continuing operations was USD 1.51 compared to USD 1.92 a year ago.