Landmark Bancorp: Strong Performance and Attractive Valuation

Instructions

This article provides an in-depth analysis of Landmark Bancorp's financial health, recent performance, and future outlook, highlighting its attractive valuation and strong credit quality.

Investing in Stability: Why Landmark Bancorp Shines

Exploring Landmark Bancorp's Recent Performance

Before the release of its fourth-quarter earnings, it's insightful to review Landmark Bancorp's (LARK) prior quarterly results to update our investment perspective. We previously covered LARK in an article from 2022, which you can find here.

Overview of Landmark Bancorp's Financial Strength

Landmark Bancorp's third-quarter 2025 results were impressive, showcasing a significant 20% increase in net interest income and an earnings per share (EPS) of $0.85. The bank's balance sheet reflects a conservative approach, with approximately 25% of its assets held in cash and securities. The loan portfolio is predominantly concentrated in real estate, indicating a stable asset base. Additionally, non-accruing loans decreased by 25% to $10 million, and loan loss provisioning remains low compared to pre-tax, pre-provision earnings, underscoring the robust credit quality of the bank.

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