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WARSAW, Ind., May 04, 2021 (GLOBE NEWSWIRE) Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank was included in the 2021 KBW Bank Honor Roll published by Keefe Bruyette & Woods (KBW), the 10
th consecutive year that the bank has earned a place in the listing.
Lake City Bank is one of 16 banking institutions, just 4% of all banks screened, that met KBW’s criteria for inclusion in the 2021 Bank Honor Roll; 13 banks are returning members to the list. KBW Bank Honor Roll members have better-than industry performance ratios and growth rates when compared to the publicly traded bank universe with total assets greater than $500 million, which includes 365 companies listed on the and Nasdaq exchanges.
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