Landmark Bancorp, Inc. (LARK) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Landmark Bancorp, Inc. (LARK) Financial Services Profile

Landmark Bancorp, Inc. is a Kansas-based community bank offering traditional financial services, including deposit accounts and various loan products, to individuals and businesses. With a strong local presence of 30 branches, the company focuses on serving its communities through personalized banking solutions and a commitment to local economic development.

What Is the Investment Thesis for LARK?

Landmark Bancorp, Inc. presents a stable investment opportunity within the regional banking sector, supported by its long-standing presence in Kansas and a diversified loan portfolio. The company's P/E ratio of 9.70 suggests a reasonable valuation compared to its earnings. A dividend yield of 2.89% offers an income stream for investors. Growth catalysts include potential expansion within its existing Kansas footprint and strategic investments in technology to enhance its mobile and online banking services. However, investors should monitor the impact of interest rate fluctuations and regulatory changes on the company's profitability and operations. With a market cap of $198M, Landmark Bancorp's smaller size could lead to volatility. Maintaining a close watch on credit quality and risk management practices is crucial for assessing the long-term sustainability of Landmark Bancorp's performance.

Based on FMP financials and quantitative analysis

LARK Key Highlights

Market Cap of $198M indicates a smaller, community-focused banking institution.

• P/E Ratio of 9.70 suggests the company is reasonably valued compared to its earnings.
• Profit Margin of 19.7% reflects efficient operations and profitability.
• Gross Margin of 72.0% indicates strong revenue management and cost control.
• Dividend Yield of 2.89% offers an attractive income stream for investors.

Who Are LARK's Competitors?

LARK is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are LARK's Key Strengths?

Strong local presence in Kansas.

• Long-standing history and reputation.
• Diversified loan portfolio.
• Personalized customer service.

What Are LARK's Weaknesses?

Limited geographic reach.

• Smaller size compared to larger regional and national banks.
• Reliance on traditional banking products and services.
• Vulnerability to interest rate fluctuations.

What Could Drive LARK Stock Higher?

Potential interest rate hikes by the Federal Reserve could increase net interest margins.

• Investments in digital banking technology may attract new customers and improve efficiency.
• Expansion into new markets within Kansas could drive loan growth and deposit base.

What Are the Key Risks for LARK?

Financial-distress signal — its Altman Z-Score of 0.49 sits in the distress zone (elevated bankruptcy risk).

• Economic downturn in Kansas could negatively impact loan demand and credit quality.
• Increased competition from larger banks and credit unions could erode market share.
• Regulatory changes and compliance costs could strain profitability.
• Cybersecurity threats could disrupt operations and compromise customer data.

What Are the Growth Opportunities for LARK?

• Expansion within Existing Markets: Landmark Bancorp can pursue growth by expanding its presence within its existing markets in Kansas. This involves opening new branches in underserved areas or acquiring smaller community banks to increase its market share. The market for community banking in Kansas is estimated to be worth several billion dollars, providing ample opportunity for Landmark Bancorp to grow its deposit base and loan portfolio. This expansion can be achieved within the next 3-5 years.
• Enhanced Digital Banking Services: Investing in and enhancing its digital banking services can attract and retain customers, especially younger demographics who prefer online and mobile banking. By offering a user-friendly mobile app and online platform, Landmark Bancorp can improve customer satisfaction and reduce operational costs. This initiative can be implemented within the next 1-2 years.
• Strategic Partnerships: Forming strategic partnerships with local businesses and community organizations can help Landmark Bancorp expand its reach and build stronger relationships with its customers. This can involve offering co-branded products or services, sponsoring local events, and participating in community development initiatives. Such partnerships can enhance Landmark Bancorp's brand image and attract new customers. These partnerships can be established within the next year.
• Increased Commercial Lending: Focusing on increasing its commercial lending activities can drive revenue growth and diversify its loan portfolio. This involves targeting small and medium-sized businesses in Kansas that require financing for expansion, equipment purchases, or working capital. The market for commercial loans in Kansas is estimated to be worth billions of dollars, providing a significant opportunity for Landmark Bancorp to grow its lending business. This can be achieved over the next 3-5 years.
• Wealth Management Services: Offering wealth management services to its customers can generate additional revenue and deepen customer relationships. This involves providing financial planning, investment management, and trust services to individuals and families. The wealth management market is growing rapidly, driven by an aging population and increasing wealth. By offering these services, Landmark Bancorp can cater to the growing demand for financial advice and investment solutions. This initiative can be launched within the next 2-3 years.

What Are LARK's Competitive Advantages?

• Strong local presence with 30 branch offices in Kansas.
• Long-standing history and reputation in the community.
• Personalized customer service and local expertise.
• Diversified loan portfolio.

What Does LARK Do?

Landmark Bancorp, Inc., established in 1885 and headquartered in Manhattan, Kansas, functions as the financial holding company for Landmark National Bank. The bank provides a comprehensive suite of financial and banking services tailored to the needs of its local communities. These services encompass a variety of deposit accounts, including non-interest bearing demand accounts, money market accounts, checking accounts, savings accounts, and certificates of deposit. Landmark Bancorp also offers a diverse range of loan products, such as one-to-four family residential real estate loans, construction and land loans, commercial real estate loans, commercial loans, Paycheck Protection Program (PPP) loans, municipal loans, and agriculture loans. Furthermore, the bank extends consumer and other loans, including automobile loans, boat loans, home improvement loans, and home equity loans. Landmark Bancorp complements its lending and deposit services with insurance products and convenient mobile and online banking options. The company strategically invests in investment and mortgage-related securities to optimize its financial performance. With a network of 30 branch offices spanning 24 communities throughout Kansas, Landmark Bancorp maintains a strong local presence and a commitment to serving the financial needs of its customers.

What Products and Services Does LARK Offer?

• Offers non-interest bearing demand accounts.
• Provides money market, checking, and savings accounts.
• Provides certificates of deposit.
• Offers one-to-four family residential real estate loans.
• Provides construction and land loans.
• Offers commercial real estate and commercial loans.
• Provides agriculture loans.
• Provides mobile and online banking services.

How Does LARK Make Money?

• Generates revenue through interest income from loans.
• Earns fees from deposit accounts and other banking services.
• Invests in investment and mortgage-related securities to generate additional income.
• Manages risk through diversification of loan portfolio and adherence to regulatory requirements.

What Industry Does LARK Operate In?

Landmark Bancorp operates within the regional banking sector, which is characterized by intense competition and evolving customer expectations. The industry is influenced by factors such as interest rate movements, regulatory changes, and technological advancements. Regional banks like Landmark Bancorp face competition from larger national banks, credit unions, and fintech companies. The market is seeing a growing demand for digital banking services and personalized customer experiences. Landmark Bancorp's focus on serving local communities and offering a range of traditional banking products positions it to cater to customers who value personalized service and local expertise.

Who Are LARK's Key Customers?

• Individuals seeking personal banking services.
• Small and medium-sized businesses requiring commercial loans and banking solutions.
• Agricultural businesses needing financing for their operations.
• Municipalities requiring financial services.

Over the past six months, Landmark Bancorp, Inc. insiders filed 12 SEC Form 4 transactions — 9 sales and 3 purchases. On net that is roughly 46K shares disposed (about $958K), a signal worth weighing alongside the fundamentals.

Landmark Bancorp, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.49 places it in the distress zone, a signal of elevated financial risk.

Return on equity for Landmark Bancorp, Inc. stands at 12.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.2%, showing how much profit it generates from its asset base. LARK trades at a trailing price-to-earnings ratio of 9.70, below the Financial Services sector average of ~17.50x. Its free cash flow yield is 10.8%, a gauge of the cash the business throws off relative to its market value. Its earnings yield is 10.3%, the inverse of the P/E and a quick read on earnings relative to price.

Landmark Bancorp, Inc. (LARK) Valuation Context

Valued at $198M, LARK is classified as a micro-cap stock. Relative to its peer group, LARK's quantitative score of 86/100 is roughly in line with the peer average of 84/100.

LARK Revenue & Earnings Trend

In Q2 FY2026, LARK generated $5.2M in top-line revenue, marking a sequential decrease of 78.2%. The company recorded net income of $5.4M, with diluted EPS of $0.88. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Financial Services stock should monitor closely. Across the four most recent quarters, LARK averaged $0.83 in diluted EPS.

Company Profile

Landmark Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Manhattan, US. The company is led by CEO Abigail Wendel. LARK has traded publicly since 1994.

LARK Financials

LARK Latest News

LARK Analyst Consensus

LARK MoonshotScore

LARK Financial Services Stock FAQ

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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