LARK

Image source: The Motley Fool. Thursday, April 30, 2026, at 11 a.m. ET President and Chief Executive Officer — Abigail Wendel Chief Financial Officer — Mark Herpich Chief Credit Officer — Raymond McLanahan Abby Wendel; Chief Financial Officer, Mark Herpich; and Chief Credit Officer, Raymond McLanahan. During today's call, we may make statements that constitute projections, plans, objectives, future performance, beliefs, expectations and similar forward-looking statements. These statements involve risks and uncertainties, which should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. We caution that such statements and predictions only and that actual results may differ materially. We include more information on these factors in our earnings release furnished with our Form 8-K yesterday as well as our Form 10-K and Form 10-Q filings and subsequent filings with the SEC. Additionally, all statements, including forward-looking statements speak only as of the date they are made, and Landmark undertakes no obligation to update any statement in light of new information or future events. Also, our remarks may reference certain non-GAAP financial metrics, which we believe provide useful information to investors. Additional disclosures regarding non-GAAP metrics, including the reconciliation of those non-GAAP metrics to GAAP are contained in our earnings release, which we filed yesterday with the SEC and are also available on the Investors section of our website at banklandmark.com. We caution that these non-GAAP financial metrics should not be viewed as a substitute for operating results determined in accordance with GAAP as contained in our earnings release and other filings with the SEC. A replay of this call will be available through May 7, 2026. Access information can be found in our earnings release. I will now turn the conference call over to our President and Chief Executive Officer, Abby Wendel. Abigail Wendel: Thank you, Shelley. Good morning, everyone, and thank you for joining us today as we discuss Landmark's earnings and operating results for the first quarter of 2026. Landmark is off to a strong start this year, reflected in solid performance across several key areas that position us favorably for the remainder of the year. Total revenue reached a record $18.8 million for the quarter. Ear...

Landmark reported a strong Q1 with record revenue of $18.8 million, EPS of $0.83 and improved profitability as net interest margin expanded to 4.24%, driven by higher investment yields and disciplined pricing. Deposits declined $66.2 million sequentially even though core customer deposits rose 1.6%; management replaced some brokered deposits with FHLB borrowings, raising total borrowings by $57.3 million and keeping the loan-to-deposit ratio at 82.1%. Credit metrics showed modest weakness with non-performing loans rising to 0.94% of gross loans and higher delinquencies, alongside a $500,000 provision for credit losses, while non-interest expense was up partly due to a $433,000 fraud loss. Interested in Landmark Bancorp Inc.? Here are five stocks we like better. Landmark Bancorp (NASDAQ:LARK) reported what management called a strong start to 2026, highlighted by record quarterly revenue, improved profitability, and an expansion in net interest margin despite modest balance sheet contraction. President and CEO Abby Wendel said total revenue reached a record $18.8 million in the first quarter. Earnings per share were $0.83, up 6.7% from the fourth quarter of 2025 and up 7.2% from the first quarter of 2025. Return on assets increased to 1.29%, up 12 basis points from the prior quarter and 7 basis points year-over-year. → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? Net interest income rose 1.6% sequentially to $15.0 million, and the net interest margin expanded to 4.24%, up 21 basis points from the fourth quarter of 2025. Wendel attributed the margin performance to Landmark’s “solid core customer base and disciplined pricing approach.” Chief Financial Officer Mark Herpich said net income totaled $5.1 million for the first quarter of 2026, compared with $4.7 million in the first quarter of 2025, “mainly due to continued growth in net interest income.” Herpich said net interest income increased $234,000 from the fourth quarter of 2025, driven by increased investment portfolio yields and lower funding costs, and grew $1.9 million from the year-ago quarter. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Herpich said investment yields improved, with total interest income on investments rising to $2.9 million and investment yields increasing to 3.55% from 3.39% in the prior quarter. Average loans declined $12.8 million, while the tax-equivalent...

Landmark Bancorp, Inc. LARK reported first-quarter 2026 diluted earnings per share of 83 cents, up 7.8% from 77 cents in the year-ago period. Net earnings totaled $5.1 million compared with $4.7 million in the first quarter of 2025, reflecting similar growth. Total revenues reached a record $18.8 million, up roughly 14% from $16.5 million a year earlier. This growth was primarily driven by higher net interest income, which rose 14.5% year over year to $15 million. Non-interest income increased to $3.8 million from $3.4 million in the prior-year period. A key driver of Landmark Bancorp’s improved performance was the expansion in net interest income and margins. The net interest margin widened 48 basis points to 4.24% from 3.76% a year earlier. The increase was supported by higher yields on earning assets and reduced funding costs. Deposit costs declined, with total deposit costs falling 21 basis points year over year to 1.38%. Lower interest expenses on deposits and borrowings also contributed to margin expansion, highlighting the company’s effective balance sheet management in a shifting rate environment. Non-interest income rose 12% year over year, driven largely by increased gains on loan sales and higher bank-owned life insurance income. However, sequentially, fee-based income declined due to seasonal factors affecting interchange and overdraft revenues. On the expense side, non-interest expenses increased 10.6% year over year to $11.9 million. This rise was attributed to higher occupancy, data processing and compensation costs, as well as expenses related to system upgrades. Notably, the quarter included $433,000 in fraud-related losses tied to previously disclosed activity, which contributed to elevated “other expense” levels. Despite these pressures, the efficiency ratio improved to 62.7% from 64.4% a year ago, indicating better cost management relative to revenue growth. Landmark Bancorp’s balance sheet showed mixed trends during the quarter. Gross loans totaled $1.1 billion, declining modestly from the prior quarter due to reductions in agricultural, residential and commercial loan categories, partially offset by growth in commercial real estate lending. Deposits fell by $66.2 million to $1.3 billion due to declines in brokered deposits and seasonal public fund outflows. To offset this, borrowings increased significantly by $57.3 million. Asset quali...

Record total revenue of $18.8 million was driven by a 21 basis point expansion in net interest margin to 4.24%, supported by disciplined pricing and a solid core customer base. Loan portfolio shifts reflected a strategic emphasis on commercial real estate growth, which helped offset seasonal reductions in agricultural lending and a pivot toward selling more residential mortgage originations into the secondary market. Core customer deposits increased 1.6% on a linked-quarter basis, which management views as a validation of their relationship-based banking model despite seasonal outflows in public funds. Profitability improvements, including a return on assets of 1.29%, were attributed to the execution of strategic initiatives and higher yields on the investment portfolio. Management is actively evaluating opportunities to modernize service delivery and improve operational efficiency across the bank's footprint to meet evolving customer needs. The bank maintained its long-term commitment to shareholder returns, declaring its 99th consecutive quarterly cash dividend since the parent company's formation. Management plans to continue making targeted investments in revenue-generating activities while focusing on strengthening risk oversight and capital positions. The bank expects to maintain sufficient liquidity for future loan growth, supported by a loan-to-deposit ratio of 82.1%. Credit metrics are expected to improve over time as the bank works through a small number of borrower-specific situations, despite current modest elevations in nonperforming loans. Strategic balance sheet management allowed for the reduction of more expensive short-term borrowings through growth in core customer deposits and the use of lower-cost funding sources like the FHLB. The investment portfolio is projected to generate $68.7 million in cash flow over the next 12 months, providing a steady stream of liquidity for reinvestment or funding needs. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. A fraud loss of $433,000 was recognized during the quarter related to previously disclosed activity by a non-executive officer; this figure excludes potential insurance recoveries. Nonperforming loans increased slightly due to a single $1.3 million commercial relationship that ceased operati...

MANHATTAN, Kan. (AP) — MANHATTAN, Kan. (AP) — Landmark Bancorp Inc. (LARK) on Wednesday reported earnings of $5.1 million in its first quarter. The Manhattan, Kansas-based company said it had net income of 83 cents per share. The bank holding company posted revenue of $24 million in the period. Its adjusted revenue was $18.8 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LARK at https://www.zacks.com/ap/LARK

Announces Growth in First Quarter 2026 Earnings Per Share of 6.7% Declares Quarterly Cash Dividend of $0.21 per Share Manhattan, KS, April 29, 2026 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (“Landmark”; Nasdaq: LARK) reported diluted earnings per share of $0.83 for the first quarter of 2026, compared to $0.77 per share in the fourth quarter of 2025 and $0.77 per share in the same quarter of the prior year. Net earnings for the first quarter totaled $5.1 million, compared to $4.7 million in the prior quarter and $4.7 million in the first quarter of 2025. For the three months ended March 31, 2026, the return on average assets was 1.29%, the return on average equity was 12.65% and the efficiency ratio(1) was 62.7%. First quarter 2026 Performance Highlights Return on average assets improved to 1.29%, compared to 1.17% in the prior quarter and 1.21% in the first quarter of 2025. Net interest income expanded to $15.0 million for the first quarter of 2026, an increase of 1.6% from the prior quarter and 14.5% year-over-year. Net interest margin improved to 4.24%, a 21-basis-point increase compared to the prior quarter and a 48-basis-point increase from the same period in 2025. The expansion in our net interest margin was driven by higher yields on earning assets and lower funding costs. Total deposit costs improved to an attractive 1.38%, a decrease of 12 basis points as compared to the prior quarter and 21 basis points from the first quarter of 2025. Core customer deposits, excluding brokered and public funds, increased both quarter-over-quarter and year-over-year. Period-end deposits were impacted by a reduction in brokered funding and seasonal outflows of public funds. Capital continues to grow and capital ratios remain strong. Tangible common equity to assets increased to 8.11% as of March 31, 2026, from 8.03% as of December 31, 2025. Book value per share was $26.50 as of March 31, 2026, compared to $26.44 as of December 31, 2025. Tangible book value per share(1) grew to $20.89, compared to $20.79 as of December 31, 2025. (1) Non-GAAP financial measure. See the “Non-GAAP Financial Measures” section of this press release for a reconciliation. “We are off to a strong start in 2026, with record total revenue of $18.8 million for the quarter and net earnings exceeding $5.0 million,” said Abby Wendel, President and Chief Executive Officer. “Our return on assets rose...

Manhattan, KS, April 16, 2026 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (Nasdaq: LARK), the holding company for Landmark National Bank, announced today that it will release earnings for the first quarter of 2026 after the market closes on Wednesday, April 29, 2026. The Company will host a conference call to discuss these results on Thursday, April 30, 2026, at 10:00 am (CT). Conference Call Information: Date: Thursday, April 30, 2026 Time: 10:00am Central Time Teleconference Dial-In: (800) 715-9871 An audio recording of the earnings call will be available through May 7, 2026, by using the following link: https://registrations.events/direct/Q4I5640732. About Landmark Landmark Bancorp, Inc., the holding company for Landmark National Bank, is listed on the NASDAQ Global Market under the symbol “LARK.” Headquartered in Manhattan, Kansas, Landmark National Bank is a community banking organization dedicated to providing quality financial and banking services. Landmark National Bank has 29 locations in 23 communities across Kansas: Manhattan (2), Auburn, Dodge City (2), Fort Scott (2), Garden City, Great Bend (2), Hoisington, Iola, Junction City, LaCrosse, Lawrence (2), Lenexa, Louisburg, Mound City, Osage City, Osawatomie, Overland Park, Paola, Pittsburg, Prairie Village, Topeka (2), Wamego and Wellsville, Kansas. Visit www.banklandmark.com for more information. Contact: Mark A. Herpich Chief Financial Officer (785) 565-2000

Landmark Bancorp LARK shares have gained 3% since reporting fourth-quarter 2025 results on Jan. 28, reflecting investors’ optimism about the company’s expanding margins and strong earnings growth. Improved net interest income and disciplined expense management primarily supported the performance. Read our earnings blog: Landmark Bancorp Q4 Earnings Rise Y/Y on Strong Margins LARK operates as the holding company for Landmark National Bank, providing community banking services across Kansas. The company’s performance is largely driven by net interest income, loan growth and deposit trends. In 2025, Landmark benefited from higher asset yields, lower funding costs and steady loan production, signaling continued balance sheet strength. Landmark reported net income of $4.7 million, or 77 cents per diluted share, compared with $3.3 million, or 54 cents per share, in the year-ago quarter. For 2025, net earnings increased 44.4% year over year to $18.8 million. Diluted earnings per share rose to $3.07 from $2.15 in 2024. Net interest income totaled $14.8 million in the fourth quarter, up 19.3% from the prior-year period. The net interest margin expanded to 4.03%, reflecting a 52-basis-point improvement from the year-ago quarter and a 20-basis-point increase sequentially. Total revenues increased 2.9% to $18.7 million from the prior quarter. As of Dec. 31, 2025, gross loans totaled $1.1 billion, slightly down from the prior quarter due to lower commercial and residential balances, partially offset by growth in commercial real estate and agriculture loans. For the full year, average loans grew 11.5%, primarily driven by commercial real estate and residential mortgage production. Total deposits increased $63.4 million in the quarter to $1.4 billion, mainly reflecting growth in money market and checking accounts. The loan-to-deposit ratio stood at 79.1% at the year-end. Non-performing loans totaled $10 million, or 0.90% of gross loans, at the year-end. The allowance for credit losses was $12.5 million, representing 1.12% of the total gross loans. Capital levels remained solid. Tangible common equity to tangible assets improved to 8.03% from 7.66% in the prior quarter. Book value per share increased to $26.44, while tangible book value per share rose to $20.79. Landmark’s board declared a quarterly cash dividend of 21 cents per share, payable Feb. 26, 2026, to shareholders...

Shares of Landmark Bancorp, Inc. LARK have gained 3.2% since reporting results for the fourth quarter of 2025. This compares with the S&P 500 index’s 0.4% decline over the same time frame. Over the past month, the stock has risen 8.5% compared with the S&P 500’s 0.8% return. Landmark Bancorp reported net earnings of $4.7 million for the fourth quarter of 2025 compared with $3.3 million in the same quarter a year earlier, reflecting solid profitability growth. Diluted earnings per share were 77 cents, up from 54 cents in the fourth quarter of 2024 but slightly below 81 cents in the preceding quarter. Total interest income for the quarter increased to $20.8 million from $19 million a year ago, driven primarily by higher loan yields. Net interest income rose 19.3% year over year to $14.8 million, benefiting from asset repricing and lower funding costs. For 2025, net earnings totaled $18.8 million, up 44.4% from $13 million in 2024, while diluted EPS increased to $3.07 from $2.15 in the prior year, underscoring the company’s improved earnings power. Landmark Bancorp Inc. price-consensus-eps-surprise-chart | Landmark Bancorp Inc. Quote Profitability ratios showed notable improvement from the year-ago levels. Return on average assets was 1.17% for both the fourth quarter and 2025 compared with 0.83% in the corresponding periods of 2024. Return on average equity rose to 11.88% for the quarter and 12.68% for 2025 compared with 9.54% and 10.01%, respectively, a year earlier. The net interest margin expanded to 4.03% in the fourth quarter from 3.51% in the year-ago quarter, reflecting higher earning asset yields and lower deposit costs. The efficiency ratio improved to 62.8% from 70% a year earlier, indicating better expense leverage. Balance sheet trends were mixed but generally supportive. Period-end loans totaled $1.1 billion as of Dec. 31, 2025, modestly lower than the prior quarter but up from $1.05 billion at the end of 2024. Average loans for the year grew 11.5% year over year, driven mainly by commercial real estate and residential mortgage activity. Total deposits increased 4.5% from a year earlier to $1.4 billion, with growth concentrated in money market and checking accounts. Asset quality metrics improved, as non-performing loans declined to $10 million, or 0.90% of gross loans, from $13.1 million, or 1.25%, at the end of 2024. Management characterized the...

Strong earnings and tangible-book growth: Landmark posted Q4 net income of $4.7M ($0.77 EPS) and FY2025 net income of $18.8M ($3.07 EPS), a 43% increase in EPS versus 2024, with tangible book value up 24% YoY to $20.79 and 17% revenue growth delivering positive operating leverage. Net interest income and margin expansion: NII and margins improved as funding costs fell—FY NIM rose 58 bps to 3.86% (Q4 tax-equivalent NIM 4.03%) with deposit costs around 1.50–1.56%, driving sequential and year-over-year NII gains. Improving credit and stronger liquidity position: Non-performing loans declined 24% YoY to just under $10M and the allowance was $12.5M (1.12% of loans), while deposits increased to $1.4B, enabling a $79.8M reduction in borrowings and supporting a 79.1% loan-to-deposit ratio; the board declared a $0.21/share cash dividend. Interested in Landmark Bancorp Inc.? Here are five stocks we like better. Landmark Bancorp (NASDAQ:LARK) executives used the company’s fourth-quarter earnings call to highlight year-end momentum in profitability, net interest margin expansion, and tangible book value growth, while also detailing a modest quarterly decline in loans and continued work to reduce credit risk. President and CEO Abby Wendel said the company delivered a “strong” fourth quarter that capped a year of “outstanding revenue growth, increased profitability, pricing discipline, and per share increases in earnings and tangible book value.” Landmark reported fourth-quarter net income of $4.7 million, or $0.77 in diluted earnings per share. Tangible book value rose to $20.79 per share, up $0.83 from the prior quarter and up $4.09, or 24%, from year-end 2024. → Trump Triggers Buying Opportunity in UnitedHealth Group For full-year 2025, Landmark reported net income of $18.8 million, or $3.07 per diluted share, which Wendel said represented a 43% increase in earnings per share compared with 2024. She also said the company achieved positive operating leverage during 2025, citing 17% revenue growth that outpaced overhead expense growth. Management repeatedly pointed to net interest income and deposit costs as key drivers in 2025. Wendel said revenue growth was “largely driven by continued expansion in net interest income,” which increased each quarter throughout the year. For full-year 2025, the net interest margin increased 58 basis points to 3.86%, which she attributed...

Image source: The Motley Fool. Thursday, January 29, 2026 at 11:00 a.m. ET President and Chief Executive Officer — Abigail Wendel Chief Financial Officer — Mark Herpich Chief Credit Officer — Raymond McLanahan Need a quote from a Motley Fool analyst? Email [email protected] Abby Wendel; Chief Financial Officer, Mark Herpich; and Chief Credit Officer, Raymond McLanahan. During today's call, we may make statements that constitute projections, plans, objectives, future performance, beliefs, expectations or similar forward-looking statements. These statements involve risks and uncertainties, which should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements. We caution that such statements are predictions only and that actual results may differ materially. We include more information on these factors in our earnings release furnished with our Form 8-K yesterday as well as our Form 10-K and Form 10-Q filings and subsequent filings with the SEC. Additionally, all statements, including forward-looking statements speak only as of the date they are made, and Landmark undertakes no obligations to update any statement in light of new information or future events. Also, our remarks may reference certain non-GAAP financial metrics we believe provide useful information to investors. Additional disclosures regarding non-GAAP measures including the reconciliation of those non-GAAP metrics to GAAP are contained in our earnings release, which we filed yesterday with the SEC and is also available on the Investors section of our website at banklandmark.com. We caution that these non-GAAP financial metrics should not be viewed as a substitute for operating results determined in accordance with GAAP as contained in our earnings release and other filings with the SEC. A replay of this call will be available through February 5. Access information can be found in our earnings release. I will now turn the conference call over to our President and Chief Executive Officer, Abby Wendel. Abigail Wendel: Thank you, Shelley, and welcome to the team. Good morning, everyone, and thank you for joining our call today to discuss Landmark's earnings and operating results for the fourth quarter and full year of 2025. Landmark's strong fourth quarter results capped off a year of outstanding revenue growth, increased profitability, pricing disc...