Lakeland Financial Corp - Company Profile
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Lakeland Financial Corp (Lakeland) provides commercial and retail banking, wealth advisory, and investment management services. Capital adequacy, net interest margin, and strong market presence are a few of its major strengths, even as its declined non-interest income could be a cause for concern. However, growing market for payments channels and wealth management prospects in the US and emergence of fintech may provide ample growth opportunities to the company. Emergence of neobanks, regulatory requirements, and risks related to online identity theft and hacking could affect its business performance.
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