Landmark Bancorp (NASDAQ:LARK) Posts Earnings Results

Landmark Bancorp (NASDAQ:LARK) released its quarterly earnings results on Tuesday. The financial services provider reported $0.71 earnings per share for the quarter, Zacks reports. Landmark Bancorp had a net margin of 14.36% and a return on equity of 9.48%.

Landmark Bancorp Stock Performance

Shares of NASDAQ LARK traded down $0.89 during midday trading on Wednesday, reaching $22.85. 1,675 shares of the company traded hands, compared to its average volume of 4,186. Landmark Bancorp has a 52 week low of $17.05 and a 52 week high of $25.25. The stock has a 50-day moving average price of $24.05 and a 200 day moving average price of $21.82. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.80 and a quick ratio of 0.79. The company has a market cap of $132.07 million, a price-to-earnings ratio of 10.62 and a beta of 0.46.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Landmark Bancorp in a report on Sunday. They set a “hold” rating for the company.

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.