Landmark Bancorp (NASDAQ:LARK) Announces Quarterly Earnings Results

Landmark Bancorp (NASDAQ:LARK) announced its earnings results on Wednesday. The financial services provider reported $0.51 earnings per share for the quarter, Zacks reports. The company had revenue of $21.15 million during the quarter. Landmark Bancorp had a net margin of 15.70% and a return on equity of 10.38%.

Landmark Bancorp Stock Up 1.4 %

NASDAQ:LARK traded up $0.25 during mid-day trading on Thursday, hitting $18.25. The stock had a trading volume of 7,521 shares, compared to its average volume of 2,420. The stock has a 50-day simple moving average of $19.36 and a two-hundred day simple moving average of $19.33. The company has a market capitalization of $99.83 million, a PE ratio of 8.21 and a beta of 0.44. Landmark Bancorp has a twelve month low of $15.70 and a twelve month high of $21.78. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.68.

Analysts Set New Price Targets

Several brokerages have recently issued reports on LARK. TheStreet raised shares of Landmark Bancorp from a “c” rating to a “b” rating in a research report on Wednesday, January 31st. StockNews.com started coverage on shares of Landmark Bancorp in a research report on Sunday. They set a “hold” rating on the stock.

About Landmark Bancorp

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.