Landmark Bancorp Q3 EPS $0.55 vs $0.48 YoY; declares cash + stock dividend

LANDMARK BANCORP INC

2023-Q3 EPS reported $1.84

Diluted EPS $0.55 for Q3 2023, up from $0.48 YoY; net earnings $2.9M vs $2.5M.
Net interest margin 3.06%, down from 3.21% prior quarter; net interest income $10.6M.
Gross loans increased $44.2M (19.6% annualized) driven by residential, CRE, commercial.
Non-accrual loans $4.4M (0.47% of loans) up $1.7M; net loan recoveries $521K.
Cash dividend $0.21/share payable Nov 29; 5% stock dividend payable Dec 15.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LANDMARK BANCORP INC reported three and nine months ended September 30, 2023 results: net income $2.9 million, EPS $0.55.

Period: three and nine months ended September 30, 2023
Net income: $2.9 million
EPS: $0.55
Result: reported results

Exact text from the filing

On October 31, 2023, Landmark Bancorp, Inc. (the “Company”) issued a press release announcing financial results for the three and nine months ended September 30, 2023. The press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

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Source: SEC EDGAR

accession 0001493152-23-038866

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