Company Overview
Landmark Bancorp, Inc. functions as the financial holding company for Landmark National Bank, providing a suite of banking services to its local communities including non-interest bearing demand, money market, checking, and savings accounts, as well as certificates of deposit. The company operates within the Financial Services sector and specifically within the Banks - Regional industry, a classification that denotes its focus on localized lending and deposit gathering rather than national or international operations. Landmark Bancorp, Inc. maintains a market capitalization of $145.06M and reported annual revenue of $68.29M over the trailing twelve-month period, though the number of employees is not disclosed in the available data. The market capitalization figure of $145.06M indicates that the company is a small-cap entity with a relatively modest total valuation compared to large regional peers, while the revenue of $68.29M suggests a stable, albeit limited, operational scale consistent with a community-focused banking model.
Financial Health
The company reported revenue of $68.29M and net income of $18.77M over the trailing twelve months, with EBITDA data not available for the current reporting period. The significant gap between the total revenue of $68.29M and the net income of $18.77M reveals a cost structure where operating expenses, interest on deposits, and loan loss provisions consume approximately 72.5% of gross inflows before reaching the bottom line. While free cash flow metrics are not provided in the available facts, the analysis of the company's liquidity requires examining its cash and debt positions to infer financial flexibility. Landmark Bancorp, Inc. holds $24.20M in cash against $33.72M in debt, resulting in a net negative cash position, while the debt-to-equity ratio is not disclosed. The balance sheet shows a cash level of $24.20M that is lower than the debt level of $33.72M, which suggests a leveraged approach to funding operations, although the lack of a disclosed debt-to-equity ratio prevents a precise assessment of leverage intensity relative to shareholder equity. The current ratio is not disclosed, preventing a direct calculation of short-term liquidity relative to current liabilities, yet the cash position of $24.20M provides a baseline for meeting immediate obligations. Return on Equity stands at 12.7% and Return on Assets is 1.2%, metrics that reveal management effectiveness in generating profits from shareholders' capital and utilizing the total asset base, respectively. The 1.2% ROA indicates that for every dollar of assets, the company generates 1.2 cents in profit, a figure typical for regional banks where net interest margins are compressed.
Valuation Assessment
The trailing twelve-month P/E ratio is 7.42, while the forward P/E ratio is not available, implying that analysts may not have a consensus on future earnings trajectories or that forward estimates are insufficient for calculation. The price-to-book ratio is 0.90, indicating that the market values the company's equity at 90% of its book value, which suggests the stock trades at a discount relative to the accounting value of its assets. The price-to-sales ratio is 2.12, and the EV/EBITDA metric is not available; these alternative valuation metrics suggest that the company is valued based on revenue generation rather than earnings multiples due to the unavailability of EBITDA data. The 52-week high is $29.56 and the 52-week low is $22.31, meaning the current trading price sits within this range, specifically below the high and above the low, reflecting a period of moderate price fluctuation. The beta is 0.26, which indicates that the stock price volatility is significantly lower than the broader market, as a beta below 1.0 suggests the stock moves less than the market index in response to systemic changes. This low beta value implies that Landmark Bancorp, Inc. acts as a defensive holding within the financial sector, offering stability relative to more volatile regional bank peers.
Growth & Income
Revenue growth year-over-year is 27.5% and earnings growth year-over-year is 42.3%, indicating that earnings are growing significantly faster than revenue, which implies improving operational efficiency or margin expansion. For dividend payers, the company offers a dividend yield of 3.4% with a payout ratio of 24.8%, suggesting that the payout is highly sustainable given that less than a quarter of earnings are distributed to shareholders. The low payout ratio of 24.8% leaves ample room for the company to retain earnings for loan growth or capital improvements without jeopardizing the dividend stream. The overall growth and income profile presents a combination of robust earnings acceleration and a consistent, conservative dividend strategy, supported by a low-beta volatility profile.