Welcome to our dedicated page for Landmark Banc news (Ticker: LARK), a resource for investors and traders seeking the latest updates and insights on Landmark Banc stock.
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.
This resource serves as your primary source for earnings announcements, strategic initiatives, and regulatory updates directly from Landmark Banc. Users can track developments in residential lending programs, commercial banking services, and community-focused financial solutions through time-stable reporting.
The archive includes comprehensive coverage of leadership changes, product launches, and market expansion activities while adhering to factual reporting standards. Each entry maintains focus on Landmark Banc's core commitment to relationship-driven banking and local economic development.
Bookmark this page for streamlined access to Landmark Banc's evolving story within the community banking sector. Regular updates ensure you remain informed about the institution's financial health, service innovations, and ongoing contributions to regional economic growth.
Landmark Bancorp (Nasdaq: LARK) reported Q2 2024 earnings with diluted EPS of $0.55, up from $0.51 in Q1 2024 but down from $0.61 in Q2 2023. Net earnings were $3.0 million, with a return on average assets of 0.78% and return on average equity of 9.72%. The company saw loan growth of 6.9% annualized, driven by residential mortgage and construction loans. Net interest income increased 2.1% to $11.0 million, with the net interest margin expanding to 3.21%. Credit quality remained strong with net loan recoveries of $52,000. The Board declared a cash dividend of $0.21 per share. Notable challenges included a $979,000 valuation adjustment on a former branch facility and a slight increase in non-performing loans to 0.51% of gross loans.
Landmark Bancorp (Nasdaq: LARK) has announced its plans to release second quarter 2024 earnings after market close on Monday, August 5, 2024. The company will host a conference call to discuss the results on Tuesday, August 6, 2024, at 10:00 am (CT). Investors can participate in the earnings call by dialing (833) 470-1428 and using access code 974885. It's recommended to dial in at least 5 minutes before the scheduled start. A replay of the call will be available until September 5, 2024, accessible by dialing (866) 813-9403 with access code 416026.
Landmark Bancorp, Inc. reported diluted earnings per share of $0.51 for the first quarter of 2024, up from $0.48 in the previous quarter but down from $0.61 in the same period last year. Net earnings were $2.8 million, with a return on average assets of 0.72% and a return on average equity of 8.88%. Highlights include solid loan growth, controlled expenses, and good credit quality. Non-interest income increased, while non-interest expense saw a slight decline. The company declared a cash dividend of $0.21 per share, up 5% from the previous period.
FAQ
What is the current stock price of Landmark Banc (LARK)?
What is the market cap of Landmark Banc (LARK)?
