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Lakeland Financial Ranked in Bank Director Magazine’s Performance Powerhouses 2020 Study
December 22, 2020 11:00 ET | Source: Lake City Bank Lake City Bank Warsaw, Indiana, UNITED STATES
WARSAW, Ind., Dec. 22, 2020 (GLOBE NEWSWIRE) Lakeland Financial Corporation ranked seventh overall, and in the top ten in six of ten categories in Bank Director Magazine’s 2021 RankingBanking Performance Powerhouses study.
The study, published December 14, 2020, and sponsored by Crowe LLP, featured 20 banks that have delivered long-term value for their shareholders over time. Bank Director selected high-performing banks based on total shareholder return generated over a 20-year period ending June 30, 2020. Banks ranking in the top 20 for high performance varied in size, business model, strengths and geography. According to Bank Director Magazine, their common trait was a track record for successfully managing their institutions through ec
Samantha Glaude, First National Bank Tue, 12/22/2020 - 7:00am
First National Bank’s parent company, The First Bancorp, was recently named in the top 20 performance powerhouses from Bank Director, the leading information resource for director and financial institutions nationwide.
The 20 high-performing banks were selected based on total shareholder return generated over a 20-year period, ending June 30, 2020. Bank Director’s 2021 Ranking Banking study, sponsored by Crowe LLP, then went on to examine and rank 10 categories across banking focusing on a five-year period from December 2014-December 2019. The First Bancorp went on to receive high marks, rating #5 Most Efficient Bank and #9 Best Bank for Creating Value.