earnings
confidence high
sentiment negative
materiality 0.70
Landmark Bancorp Q4 2022 EPS $0.23, $1.2M net income; adjusted EPS $0.67
LANDMARK BANCORP INC
2022-FY EPS reported
$1.88
- Diluted EPS $0.23 vs $0.60 in Q4 2021; net earnings $1.2M vs $3.1M.
- Excluding $3.0M acquisition costs, adjusted diluted EPS $0.67 and net earnings $3.5M.
- Board declared $0.21/share cash dividend, payable March 1, 2023 to record Feb. 15, 2023.
- Completed acquisition of Freedom Bancshares on Oct. 1, 2022, adding $118M loans and $150M deposits.
- Net interest margin expanded to 3.53% from 3.17% YoY; loan growth 11.6% annualized excluding acquisition.