Landmark Bancorp, Inc. operates as the bank holding company for Landmark National Bank that provides various financial and banking services.
Flawless balance sheet average dividend payer.
Share Price & News
How has Landmark Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LARK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LARK exceeded the US Banks industry which returned -32.9% over the past year.
Return vs Market: LARK exceeded the US Market which returned -13.3% over the past year.
Price Volatility Vs. Market
How volatile is Landmark Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand Landmark Bancorp, Inc. (NASDAQ:LARK)
3 weeks ago | Simply Wall StThe Case For Landmark Bancorp, Inc. (NASDAQ:LARK): Could It Be A Nice Addition To Your Dividend Portfolio?
1 month ago | Simply Wall StRead This Before You Buy Landmark Bancorp, Inc. (NASDAQ:LARK) Because Of Its P/E Ratio
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 ($20.4) is trading below our estimate of fair value ($23.4)
Significantly Below Fair Value: LARK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LARK is poor value based on its PE Ratio (8.8x) compared to the Banks industry average (8.6x).
PE vs Market: LARK is good value based on its PE Ratio (8.8x) compared to the US market (12.5x).
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 overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).
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 (23.8%) are lower than last year (25.8%).
Past Earnings Growth Analysis
Earnings Trend: LARK's earnings have declined by -0.5% per year over the past 5 years.
Accelerating Growth: LARK's earnings growth over the past year (2.3%) exceeds its 5-year average (-0.5% per year).
Earnings vs Industry: LARK earnings growth over the past year (2.3%) underperformed the Banks industry 10.9%.
Return on Equity
High ROE: LARK's Return on Equity (9.8%) 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 level of assets compared to its equity is low.
Allowance for Bad Loans: LARK has a sufficient allowance for bad loans.
Low Risk Liabilities: LARK's liabilities are made up of primarily low risk sources of funding.
Loan Level: LARK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: LARK's loans are broadly funded by customer deposits.
Level of Bad Loans: LARK has an appropriate level of bad loans (1.03%)
What is Landmark Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LARK's dividend (3.92%) is higher than the bottom 25% of dividend payers in the US market (2.01%).
High Dividend: LARK's dividend (3.92%) is low compared to the top 25% of dividend payers in the US market (5.66%).
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 reasonably low payout ratio (32.7%), 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 (57yo)
Mr. Michael E. Scheopner has been Chief Executive Officer and President of Landmark National Bank since January 1, 2014 and May 22, 2013 respectively. Mr. Scheopner has been the Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD534.53K) is about average for companies of similar size in the US market ($USD622.20K).
Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.
|Independent Director||19.25yrs||US$36.01k||0.33% $309.2k|
|Chairman of the Board||6.92yrs||US$206.90k||2.42% $2.2m|
|Independent Director||19.25yrs||US$36.01k||3.74% $3.5m|
|Independent Director||19.25yrs||US$36.01k||2.29% $2.1m|
|Independent Director||9.25yrs||US$36.01k||0.21% $193.2k|
|Independent Director||7.08yrs||US$35.01k||0.22% $202.2k|
Experienced Board: LARK's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LARK insiders have only sold shares 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 company bio, 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$92.976m
- Shares outstanding: 4.52m
- Website: https://www.banklandmark.com
Number of Employees
- Landmark Bancorp, Inc.
- 701 Poyntz Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LARK||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Mar 1994|
Landmark Bancorp, Inc. operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides various loan products, such as one-to-four family residential real estate, construction and land, commercial real estate, commercial, municipal, and agriculture loans, as well as consumer and other loans, including automobile, boat, home improvement, and home equity loans. As of December 31, 2018, the company had 29 branch offices in 23 communities across the state of Kansas. Landmark Bancorp, Inc. was founded in 1885 and is headquartered in Manhattan, Kansas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 13:10|
|End of Day Share Price||2020/04/06 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.