Brief: Lakeland Financial Q1 Earnings Per Share $0.71

Lakeland Financial

25/04/2018 13:05

April 25 (Reuters) - Lakeland Financial Corp  LKFN.O :
    * LAKELAND FINANCIAL REPORTS RECORD FIRST QUARTER
PERFORMANCE
    * Q1 EARNINGS PER SHARE $0.71
    * Q1 EARNINGS PER SHARE VIEW $0.70 -- THOMSON REUTERS
I/B/E/S
    * NET CHARGE OFFS IN Q1 2018 WERE $4.8 MILLION VERSUS NET
CHARGE
OFFS OF $144,000 IN Q1 2017
    * QUARTERLY NET INTEREST INCOME $36.2 MILLION VERSUS $32.1
MILLION
    * NET CHARGE OFFS IN Q1 INCLUDED A $4.6 MILLION CHARGE OFF
RELATED
TO A SINGLE COMMERCIAL BORROWER
    * LAKELAND FINANCIAL -"FACTORS IMPACTING THIS BORROWER'S
SITUATION
WERE UNIQUE AND WE BELIEVE ARE NOT REFLECTIVE OF ANY BROADER
ASSET QUALITY CONCERNS"

Source text for Eikon:  ID:nGNX3YN6c6 
Further company coverage:  LKFN.O 

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