M&A
confidence high
sentiment positive
materiality 0.70
Landmark Bancorp completes acquisition of Freedom Bancshares, effective Oct 1, 2022
LANDMARK BANCORP INC
- Acquisition of Freedom Bancshares (Freedom Bank) closed; Freedom had ~$117M loans and ~$150M deposits.
- Combined company now holds ~$1.5B in assets and ~$1.3B in deposits across 31 Kansas branches.
- Freedom's Overland Park headquarters added to Landmark's existing 24-community footprint.
- President and CEO Michael E. Scheopner cited strong support from shareholders and customers.
- Combined company continues trading on Nasdaq under ticker LARK.