Landmark Bancorp Q1 net earnings rise 7.8% to $5.07 million; net interest margin widens to 4.24%
Landmark Bancorp, Inc. LARK | 0.00 |
- Landmark Bancorp posted first-quarter net earnings of $5.1 million, up 7.8%, with earnings per share of $0.83.
- Net interest income climbed 14.5% to $15 million, lifting net interest margin to 4.24% from 3.76% a year earlier.
- Non-interest income rose 12.1% to $3.8 million, while non-interest expense increased 10.6% to $11.9 million.
- Provision for credit losses was $500,000 versus no provision a year earlier, with net loan charge-offs of $349,000.
- Management said it declared its 99th consecutive quarterly dividend, paying $0.21 per share, while total deposits fell $66.2 million, or 19.3%, in the first three months of 2026 to $1.3 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landmark Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-021454), on May 06, 2026, and is solely responsible for the information contained therein.
