LARKNasdaqNational Commercial BanksFiscal year ends December 31
LANDMARK BANCORP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$31.24−0.27 (-0.86%)
Close on Oct 19, 2026
- Market cap
- $192.48M
- P/E (TTM)
- 10.2
- Dividend yield
- 2.56%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
26.6%−4.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +16.8% | +10.3% | +2.0% | +5.1% | |
| Net income | +44.4% | +23.9% | -0.7% | +6.0% | |
| EPS, diluted | +42.8% | +21.5% | -3.8% | +1.5% | |
| Free cash flow | +76.5% | -4.2% | +7.8% | +13.7% | |
| Dividend per share | +5.3% | – | – | +1.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.8% | 16.6% | 12.6% | |
| Return on assets | 1.0% | 1.8% | 1.2% | |
| Capex to revenue | 1.5% | 0.6% | 0.9% | |
| Diluted shares | 4M | 5.24B | 6.12B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Landmark Bancorp generated $104.41M from operations and spent $29.65M on capital expenditure, dividends and share buybacks. 21% of that went back into the business.
Generated
$104.41M
Used
$29.65M
Capital expenditure$6.12M21%Dividends$21.88M74%Share buybacks$1.65M6%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin26.6%
×Asset turnover0.04×
×Equity multiplier10.72×
=Return on equity, FY202512.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 26.6% | 0.04× | 10.72× | 12.6% |
| FY2024 | 21.5% | 0.04× | 11.92× | 9.9% |
| FY2023 | 21.6% | 0.04× | 12.92× | 10.3% |
| FY2022 | 18.8% | 0.04× | 11.52× | 8.0% |
| FY2021 | 29.7% | 0.05× | 9.60× | 13.7% |
| FY2020 | 30.5% | 0.06× | 9.29× | 16.6% |
| FY2019 | 23.1% | 0.05× | 9.90× | 10.6% |
| FY2018 | 24.0% | 0.05× | 10.67× | 11.6% |
| FY2017 | 10.6% | 0.04× | 10.67× | 5.1% |
| FY2016 | 21.9% | 0.05× | 10.81× | 10.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$18.78M
- Cash generatingOperating cash flow above zero$21.63M
- Return on assets improvedROA up on the prior year0.8% → 1.2%
- Earnings backed by cashOperating cash flow above net income$21.63M vs $18.78M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise6.05B → 6.12B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.04