Landmark Bancorp, Inc. operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities. It offers non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company also one-to-four family residential real estate, construction and land, commercial real estate, commercial, paycheck protection program, municipal, and agriculture loans; and consumer and other loans, including automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services. In addition, the company invests in certain investment and mortgage-related securities. It has 30 branch offices in 24 communities across the state of Kansas. The company was founded in 1885 and is headquartered in Manhattan, Kansas.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Landmark Bancorp in a research note on Tuesday. They issued a "buy" rating on the stock.
Landmark Bancorp Price Performance
Shares of LARK traded up $0.03 during trading hours on Friday, hitting $25.08. 657 shares of the stock were exchanged, compared to its average volume of 1,791. The stock's 50-day moving average price is $25.17 and its two-hundred day moving average price is $26.03. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.65 and a current ratio of 0.66. The company has a market cap of $125.15 million, a price-to-earnings ratio of 9.07 and a beta of 0.37. Landmark Bancorp has a 12-month low of $24.16 and a 12-month high of $31.50.
Landmark Bancorp (NASDAQ:LARK - Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The financial services provider reported $0.62 earnings per share for the quarter. Landmark Bancorp had a net margin of 25.01% and a return on equity of 10.52%. The firm had revenue of $12.21 million for the quarter.
Landmark Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th will be given a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.35%. Landmark Bancorp's dividend payout ratio (DPR) is presently 30.38%.