Landmark Bancorp (NASDAQ:LARK) Posts Quarterly Earnings Results

Landmark Bancorp (NASDAQ:LARK - Get Free Report) released its earnings results on Tuesday. The financial services provider reported $0.71 earnings per share for the quarter, Zacks reports. Landmark Bancorp had a net margin of 14.51% and a return on equity of 10.51%.

Landmark Bancorp Trading Down 1.5 %

Shares of Landmark Bancorp stock traded down $0.38 during trading hours on Friday, hitting $24.57. The company's stock had a trading volume of 3,119 shares, compared to its average volume of 3,699. The firm has a fifty day moving average of $24.05 and a 200-day moving average of $21.91. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.80. The stock has a market cap of $142.01 million, a price-to-earnings ratio of 10.85 and a beta of 0.46. Landmark Bancorp has a twelve month low of $17.05 and a twelve month high of $25.25.

Landmark Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.21 per share. This is a boost from Landmark Bancorp's previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.84 annualized dividend and a yield of 3.42%. Landmark Bancorp's dividend payout ratio (DPR) is 35.32%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Landmark Bancorp in a report on Sunday, February 2nd. They issued a "hold" rating for the company.

Landmark Bancorp Company Profile

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.