Landmark Bancorp (NASDAQ:LARK – Get Free Report) released its earnings results on Wednesday. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05, FiscalAI reports. The company had revenue of $19.18 million during the quarter, compared to analyst estimates of $19.36 million. Landmark Bancorp had a return on equity of 12.22% and a net margin of 19.67%.
Landmark Bancorp Stock Down 0.3%
LARK traded down $0.09 during trading on Wednesday, reaching $31.93. 8,179 shares of the stock traded hands, compared to its average volume of 9,119. The stock’s 50-day simple moving average is $29.78 and its two-hundred day simple moving average is $27.79. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.85 and a quick ratio of 0.85. Landmark Bancorp has a fifty-two week low of $22.56 and a fifty-two week high of $32.39. The stock has a market cap of $194.71 million, a price-to-earnings ratio of 10.22 and a beta of 0.39.
Insider Activity
In other news, Director Jim Lewis sold 900 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.48, for a total transaction of $26,532.00. Following the completion of the sale, the director directly owned 153,196 shares of the company’s stock, valued at $4,516,218.08. This trade represents a 0.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Patrick L. Alexander sold 3,300 shares of Landmark Bancorp stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $28.51, for a total value of $94,083.00. Following the sale, the director owned 700 shares of the company’s stock, valued at approximately $19,957. This represents a 82.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 7,672 shares of company stock worth $219,563. Insiders own 12.80% of the company’s stock.
Institutional Trading of Landmark Bancorp
Wall Street Analyst Weigh In
LARK has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Landmark Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. Wall Street Zen raised shares of Landmark Bancorp from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Landmark Bancorp presently has an average rating of “Buy”.
Read Our Latest Research Report on LARK
Landmark Bancorp Company Profile
Landmark Bancorp, Inc is the bank holding company for Landmark Community Bank, a community‐focused financial institution. The company provides a full range of deposit and lending products through its subsidiary, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lines of credit and small business loans. Landmark Bancorp emphasizes personalized service, leveraging local decision-making to meet the unique needs of individuals and local enterprises.
In addition to traditional deposit and lending services, Landmark Bancorp offers comprehensive cash-management and treasury solutions for commercial clients.
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