Lake City Bank was named to Piper Sandler's Sm-All Stars Class of 2026, recognizing top-performing small-cap banks nationwide.
Quiver AI Summary
Lake City Bank, a subsidiary of Lakeland Financial Corporation based in Warsaw, Indiana, has been recognized as one of the top small-cap banks in the U.S. by being named to the Piper Sandler Sm-All Stars Class of 2026. It is one of only 25 institutions nationwide and the sole bank from Indiana on the list, which honors banks with a market capitalization under $2.5 billion that excel in several financial metrics. The recognition highlights Lake City Bank's strong performance in earnings, loan and deposit growth, and return on equity while maintaining high asset quality and capital levels. This achievement, noted by CEO David Findlay, reflects the bank's commitment to its communities and clients. This marks the fourth time Lake City Bank has received this honor since its founding in 1872, and it operates 55 branches while focusing on fostering long-term relationships with customers.
Potential Positives
- Lake City Bank was named to the Piper Sandler Sm-All Stars Class of 2026, highlighting its status as one of the top performing small-cap banks in the U.S.
- It is the only bank headquartered in Indiana to be included in this prestigious list, showcasing its prominence in the regional banking sector.
- The recognition is based on rigorous financial performance metrics, indicating that Lake City Bank has significantly outperformed industry medians in key areas such as earnings growth, loan growth, and deposit growth.
- This marks the fourth time Lake City Bank has been honored on the Piper Sandler Sm-All Stars list, reflecting a long history of consistent performance and shareholder value creation.
Potential Negatives
- None
FAQ
What is the Piper Sandler Sm-All Stars Class of 2026?
The Piper Sandler Sm-All Stars Class of 2026 recognizes the top performing small-cap banks and thrifts in the U.S.
How many banks were recognized in the Sm-All Stars list?
Only 25 institutions were recognized nationwide for the Piper Sandler Sm-All Stars Class of 2026.
Is Lake City Bank the only Indiana bank on the list?
Yes, Lake City Bank is the only bank headquartered in Indiana to make the Piper Sandler Sm-All Stars list.
How has Lake City Bank performed financially?
Lake City Bank significantly outperformed industry medians in earnings, loan, and deposit growth over the past year.
When was Lake City Bank founded?
Lake City Bank was founded in 1872 and has been serving communities in Indiana since then.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LKFN Insider Trading Activity
$LKFN insiders have traded $LKFN stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $LKFN stock by insiders over the last 6 months:
- BRADLEY J TOOTHAKER sold 5,900 shares for an estimated $357,653
- ERIC H OTTINGER (Executive Vice President) sold 2,136 shares for an estimated $131,342
- STEVEN D ROSS has made 0 purchases and 2 sales selling 1,300 shares for an estimated $81,250.
- DONALD ROBINSON-GAY (Senior Vice President) sold 500 shares for an estimated $31,500
- KYRA E CLARK (Senior Vice President) sold 250 shares for an estimated $15,805
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LKFN Revenue
$LKFN had revenues of $70.9M in Q2 2026. This is an increase of 6.8% from the same period in the prior year.
You can track LKFN financials on Quiver Quantitative's LKFN stock page.
You can access data on LKFN stock through the Quiver Quantitative API.
$LKFN Hedge Fund Activity
We have seen 133 institutional investors add shares of $LKFN stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 940,862 shares (+inf%) to their portfolio in Q2 2026, for an estimated $58,070,002
- COPELAND CAPITAL MANAGEMENT, LLC removed 606,320 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $37,422,070
- FULLER & THALER ASSET MANAGEMENT, INC. added 351,573 shares (+107.2%) to their portfolio in Q2 2026, for an estimated $21,699,085
- AMERICAN CENTURY COMPANIES INC added 239,681 shares (+207.0%) to their portfolio in Q2 2026, for an estimated $14,793,111
- NFJ INVESTMENT GROUP, LLC removed 220,485 shares (-48.6%) from their portfolio in Q2 2026, for an estimated $13,608,334
- AQR CAPITAL MANAGEMENT LLC added 144,467 shares (+244.0%) to their portfolio in Q2 2026, for an estimated $8,916,503
- CITADEL ADVISORS LLC added 107,730 shares (+131.1%) to their portfolio in Q1 2026, for an estimated $6,181,547
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
WARSAW, Indiana, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced it was named to the Piper Sandler Sm-All Stars Class of 2026, which recognizes the top performing small-cap banks and thrifts across the United States. Lake City Bank was among only 25 institutions recognized nationwide and was the only bank headquartered in Indiana to make the list.
Piper Sandler analyzes all publicly traded banks and thrifts with a market capitalization below $2.5 billion and evaluates institutions based on seven financial variables. Recognized institutions significantly outperformed industry medians in earnings growth, loan growth, deposit growth and return on average equity, while also meeting rigorous standards for asset quality and capital levels over the last 12 months based on data at June 30, 2026.
“The Lake City Bank team’s focus on taking care of our communities and clients has proven to also benefit our shareholders. Our inclusion on the Piper Sandler Sm-All Stars list reflects our consistent execution and performance over a long period of time,” commented David Findlay, Chairman and Chief Executive Officer.
This marks the fourth time that Lake City Bank has been recognized on the annual Piper Sandler Sm-All Stars list.
Lake City Bank, a $7.2 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 55 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN). For more information visit www.lakecitybank.com .
Contact
Luke Weick
First Vice President
Marketing Manager
(574) 267-9198 x47279 office
(260) 431-7061 mobile
[email protected]
