Landmark Bancorp (NASDAQ:LARK) Releases Earnings Results

Landmark Bancorp (NASDAQ:LARK) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.89 EPS for the quarter, hitting analysts’ consensus estimates of $0.89, FiscalAI reports. Landmark Bancorp had a return on equity of 12.49% and a net margin of 20.56%. The company had revenue of $19.24 million for the quarter, compared to analysts’ expectations of $19.10 million.

Landmark Bancorp Stock Performance

Shares of LARK traded up $0.19 during midday trading on Thursday, hitting $32.28. 422 shares of the stock traded hands, compared to its average volume of 8,899. Landmark Bancorp has a 1-year low of $23.57 and a 1-year high of $34.60. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 0.87. The firm has a market capitalization of $196.94 million, a PE ratio of 9.81 and a beta of 0.40. The business’s 50 day moving average price is $31.85 and its two-hundred day moving average price is $29.12.

Landmark Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Thursday, November 12th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, November 12th. Landmark Bancorp’s dividend payout ratio is presently 25.53%.

Analyst Ratings Changes

LARK has been the subject of a number of recent research reports. Wall Street Zen upgraded Landmark Bancorp from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Zacks Research raised Landmark Bancorp to a “hold” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded Landmark Bancorp from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is a bank holding company headquartered in Manhattan, Kansas. Through its principal subsidiary, Landmark National Bank, the company provides community banking services to individuals, families, farmers, and businesses.

Landmark National Bank offers a range of financial products, including checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate loans, agricultural lending, and business financing. The bank also provides online and mobile banking, treasury management, wealth management, and other services designed to support personal and commercial financial needs.

The company serves communities primarily across Kansas through a network of banking locations and electronic delivery channels.