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Landmark Banc (LARK) maintains this dedicated news hub for stakeholders seeking authoritative updates about this community banking institution. Our curated collection features official press releases and verified financial developments, providing investors with essential insights into the company's operations across Kansas markets.
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Landmark Bancorp, Inc. (Nasdaq: LARK) will release its first quarter 2023 earnings after market close on May 2, 2023. A conference call is scheduled for May 3, 2023, at 10:00 am (CT) for discussion of the results. Investors can join by dialing (833) 470-1428 using access code 507849, and it's recommended to call at least 5 minutes early. A replay of the earnings call will be available until June 2, 2023, by calling (866) 813-9403 with access code 453843. Landmark Bancorp, headquartered in Manhattan, Kansas, operates as a community banking organization with 31 locations across Kansas, focusing on quality financial services.
Landmark Bancorp, Inc. (LARK) reported Q4 2022 diluted EPS of $0.23, down from $0.48 in Q3 2022 and $0.60 in Q4 2021. Net earnings totaled $1.2 million, a decrease from $2.5 million in the prior quarter and $3.1 million year-over-year. Excluding acquisition costs of $3 million, adjusted net earnings would have been $3.5 million or $0.67 EPS. Total assets reached $1.5 billion, with gross loans at $850.2 million, reflecting an annualized increase of 11.6%. Notably, net interest income surged by 25.8%, while non-interest income fell by 38.8%. A dividend of $0.21 per share was declared, payable March 1, 2023.
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