Landmark Bancorp, Inc. (LARK)

Landmark Bancorp, Inc. stock has surged by 34% over the past six months, reaching a new 52-week high of $26.99 on March 20, 2025, and has increased by 23.80% over the last year. The company declared a $0.21 per share dividend in January 2026, payable on February 26, 2026, and a similar dividend in October 2025, along with a 5% stock dividend on December 15, 2025. Landmark Bancorp reported strong Q4 2025 financial results, with net income of $4.7 million and diluted earnings per share increasing 43% year-over-year. In Q3 2025, net income totaled $4.9 million, with a 24.1% increase in diluted earnings per share, and deposits increased by $51.6 million. Q2 2025 saw net income increase to $4.4 million, with diluted EPS at $0.75, a 56% increase. Q1 2024 net earnings were $2.8 million, with diluted earnings per share of $0.51.

Landmark Bancorp, Inc. experiences demand seasonality primarily in its deposit accounts, with seasonal growth in public funds deposit accounts. There is a seasonal decline in public fund account balances shortly after year-end, which can lead to a decrease in interest checking and money market deposits. The company's markets in Kansas are described as stable, providing predictable liquidity.

Landmark Bancorp, Inc. is a financial holding company operating through Landmark National Bank, focusing on community banking services. The company attracts deposits and provides commercial, real estate, agricultural, mortgage, and home equity loans. It also offers deposit products like checking and interest-bearing accounts to retail customers, small businesses, and non-profits.

Landmark Bancorp, Inc. is headquartered in Manhattan, Kansas, with 29 Landmark National Bank branches across 23 Kansas communities. Its deposit gathering and lending markets are diversified throughout central, eastern, southeast, and southwest Kansas, serving urban, suburban, and rural areas, including Overland Park, Lenexa, Lawrence, Topeka, Auburn, Hoisington, and others.

Landmark Bancorp, Inc. was named to Piper Sandler's SM-All Stars Class of 2025, recognizing top-performing small-cap institutions in the U.S. The selection is based on growth, profitability, credit quality, and capital strength, enhancing the bank's reputation and reinforcing its commitment to community banking.

Landmark Bancorp, Inc.'s ownership is distributed among retail investors (46.11%), institutional investors (28.87%), and insiders (25.02%). Major institutional investors include Manulife Asset Management (4.67%) and The Vanguard Group, Inc. (4.09%). Richard Ball is the largest individual shareholder, owning 5.01% of the company.