Landmark Bancorp (NASDAQ:LARK) Issues Quarterly Earnings Results

Landmark Bancorp (NASDAQ:LARK) announced its earnings results on Wednesday. The financial services provider reported $0.51 EPS for the quarter, Zacks reports. Landmark Bancorp had a net margin of 15.70% and a return on equity of 10.38%. The business had revenue of $21.15 million during the quarter.

Landmark Bancorp Stock Performance

Shares of LARK traded up $0.25 during trading hours on Thursday, hitting $18.25. The company had a trading volume of 7,521 shares, compared to its average volume of 2,420. The firm has a market cap of $99.83 million, a price-to-earnings ratio of 8.21 and a beta of 0.44. The business has a fifty day moving average of $19.36 and a 200-day moving average of $19.33. Landmark Bancorp has a 12 month low of $15.70 and a 12 month high of $21.78. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.68.

Analyst Ratings Changes

Several brokerages recently commented on LARK. StockNews.com began coverage on shares of Landmark Bancorp in a report on Sunday. They set a “hold” rating for the company. TheStreet upgraded shares of Landmark Bancorp from a “c” rating to a “b” rating in a report on Wednesday, January 31st.

About Landmark Bancorp

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.