Landmark Bancorp (NASDAQ:LARK) Posts Earnings Results

Landmark Bancorp (NASDAQ:LARK) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.71 EPS for the quarter, Zacks reports. Landmark Bancorp had a return on equity of 9.48% and a net margin of 14.36%.

Landmark Bancorp Price Performance

Shares of LARK stock opened at $24.18 on Thursday. The stock’s 50-day moving average is $24.05 and its 200 day moving average is $21.84. Landmark Bancorp has a 1-year low of $17.05 and a 1-year high of $25.25. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market cap of $139.76 million, a P/E ratio of 11.23 and a beta of 0.46.

Landmark Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 19th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 3.47%. This is a positive change from Landmark Bancorp’s previous quarterly dividend of $0.20. The ex-dividend date is Wednesday, February 19th. Landmark Bancorp’s payout ratio is presently 37.17%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Landmark Bancorp in a research report on Sunday. They set a “hold” rating on the stock.

Landmark Bancorp Company Profile

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 provides 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, such as automobile, boat, and home improvement and home equity loans, as well as insurance, and mobile and online banking services.