Lake City Bank ranked 15th among 142 peers in Bank Director Magazine's 2026 RankingBanking analysis of large U.S. banks.
Quiver AI Summary
Lake City Bank, a subsidiary of Lakeland Financial Corporation, has been ranked 15th among its peer group in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded banks in the U.S., based on year-end 2025 performance metrics related to profitability, asset quality, and capital adequacy. With $7.2 billion in assets and headquartered in Warsaw, Indiana, Lake City Bank is noted for excelling in its category, securing the top rank among Indiana banks and placing in the top 10% of all banks, regardless of size. CEO David Findlay attributes this achievement to the bank's disciplined operational focus and commitment to shareholder value through organic growth and a strong credit culture. Founded in 1872, Lake City Bank operates 55 branches serving Central and Northern Indiana, offering a blend of community banking and advanced digital solutions.
Potential Positives
- Lake City Bank ranked 15th in its peer group of banks according to Bank Director Magazine's 2026 RankingBanking analysis, demonstrating strong performance among competitors.
- The bank was ranked first among banks headquartered in Indiana, highlighting its leadership and competitive edge within the state.
- Lake City Bank placed in the top 10% of all banks in the full RankingBanking analysis, indicating overall excellence in financial performance across the industry.
- The press release emphasizes the bank's commitment to shareholder value creation and a disciplined operating focus, reinforcing investor confidence in its strategic direction.
Potential Negatives
- Despite ranking 15th in its peer group, this indicates that there are 14 other banks outperforming Lake City Bank, which could raise concerns about its competitive positioning.
- The ranking within a specific peer group may mask broader challenges the bank faces among larger or more dominant competitors in the market.
- While the release highlights a top ranking among Indiana banks, it does not address potential underlying issues that may be affecting performance, which investors may view as a lack of transparency.
FAQ
What is Lake City Bank's ranking in the 2026 RankingBanking analysis?
Lake City Bank ranked 15th among its peer group in Bank Director Magazine's 2026 RankingBanking analysis.
How does Lake City Bank's size compare to other banks?
Lake City Bank is among banks with assets between $5 billion and $50 billion, totaling 142 banks in its peer group.
What differentiates Lake City Bank in Indiana?
Lake City Bank ranked first among banks headquartered in Indiana and in the top 10% of all banks nationwide.
What factors influence the RankingBanking analysis?
The analysis considers profitability, asset quality, and capital adequacy, compiled by Piper Sandler & Co.
What is Lake City Bank's history and focus?
Founded in 1872, Lake City Bank focuses on community banking with long-term customer relationships and innovative solutions.
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 9 times in the past 6 months. Of those trades, 3 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:
- M SCOTT WELCH has made 3 purchases buying 25,000 shares for an estimated $1,419,064 and 0 sales.
- 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
- BANK OF AMERICA CORP /DE/ removed 104,785 shares (-32.6%) from their portfolio in Q2 2026, for an estimated $6,467,330
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, Ind., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq: LKFN), announced today that the bank ranked 15 th in its peer group of banks in Bank Director Magazine's 2026 RankingBanking analysis of the 300 largest publicly traded banks in the United States.
The RankingBanking list is based on analysis of year-end 2025 performance and uses four metrics that speak to profitability, asset quality and capital adequacy to score a bank's performance. The analysis is compiled and calculated by investment bank Piper Sandler & Co., using data from S&P Global Market Intelligence. Lake City Bank’s peer group includes banks with $5 billion to $50 billion in assets, totaling 142 banks. In addition to ranking 15 th in its peer group, Lake City Bank ranked first among banks headquartered in Indiana and in the top 10% of all banks in the full ranking, regardless of asset size.
“Our high standing in the RankingBanking analysis reflects decades of disciplined operating focus. We’re proud of our long history of consistently strong financial performance driven by our organic growth strategies and a healthy credit culture. The Lake City Bank team has delivered outstanding results and we remain committed to a laser focus on shareholder value creation,” commented David Findlay, Chairman and Chief Executive Officer.
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]
