Landmark Bancorp, Inc. operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities.
No risks detected for LARK from our risk checks.
Landmark Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$28.50|
|52 Week High||US$21.38|
|52 Week Low||US$29.00|
|1 Month Change||2.89%|
|3 Month Change||3.19%|
|1 Year Change||28.27%|
|3 Year Change||21.07%|
|5 Year Change||34.13%|
|Change since IPO||620.18%|
Recent News & Updates
Landmark Bancorp (NASDAQ:LARK) Is Due To Pay A Dividend Of US$0.20
The board of Landmark Bancorp, Inc. ( NASDAQ:LARK ) has announced that it will pay a dividend of US$0.20 per share on...
|LARK||US Banks||US Market|
Return vs Industry: LARK underperformed the US Banks industry which returned 77% over the past year.
Return vs Market: LARK underperformed the US Market which returned 33.4% over the past year.
Stable Share Price: LARK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LARK's weekly volatility (2%) has been stable over the past year.
About the Company
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 time deposits and 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.
Landmark Bancorp Fundamentals Summary
|LARK fundamental statistics|
Is LARK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LARK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
|Earnings per share (EPS)||4.49|
|Net Profit Margin||33.42%|
How did LARK perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Landmark Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LARK ($28.25) is trading below our estimate of fair value ($45.37)
Significantly Below Fair Value: LARK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LARK is good value based on its PE Ratio (6.3x) compared to the US Banks industry average (11.1x).
PE vs Market: LARK is good value based on its PE Ratio (6.3x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LARK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LARK is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).
How is Landmark Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Landmark Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Landmark Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LARK has high quality earnings.
Growing Profit Margin: LARK's current net profit margins (33.4%) are higher than last year (28%).
Past Earnings Growth Analysis
Earnings Trend: LARK's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: LARK's earnings growth over the past year (49%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: LARK earnings growth over the past year (49%) exceeded the Banks industry 37.8%.
Return on Equity
High ROE: LARK's Return on Equity (16.2%) is considered low.
How is Landmark Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: LARK's Assets to Equity ratio (9.4x) is low.
Allowance for Bad Loans: LARK has a low allowance for bad loans (69%).
Low Risk Liabilities: 96% of LARK's liabilities are made up of primarily low risk sources of funding.
Loan Level: LARK has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: LARK's Loans to Deposits ratio (63%) is appropriate.
Level of Bad Loans: LARK has an appropriate level of bad loans (1.9%).
What is Landmark Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LARK's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: LARK's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: LARK's dividends per share have been stable in the past 10 years.
Growing Dividend: LARK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.3%), LARK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Michael Scheopner (59 yo)
Mr. Michael E. Scheopner has been Chief Executive Officer and President of Landmark National Bank since January 1, 2014 and May 22, 2013 respectively. He serves as a Director at Landmark National Bank and...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD607.44K) is about average for companies of similar size in the US market ($USD542.68K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Board: LARK's board of directors are considered experienced (9.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Landmark Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Landmark Bancorp, Inc.
- Ticker: LARK
- Exchange: NasdaqGM
- Founded: 1885
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$135.645m
- Shares outstanding: 4.76m
- Website: https://www.banklandmark.com
Number of Employees
- Landmark Bancorp, Inc.
- 701 Poyntz Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 22:59|
|End of Day Share Price||2021/10/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.