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Mark J. Kohlrus, a director at Landmark Bancorp Inc. (NASDAQ:LARK), recently purchased 150 shares of the company’s common stock. The transaction, which took place on March 6, 2025, was executed at a price of $22.95 per share, totaling $3,442. According to InvestingPro data, the stock is currently trading near its Fair Value, with a P/E ratio of 10.19 and a dividend yield of 3.62%. Following this acquisition, Kohlrus holds 2,229 shares indirectly through an IRA. Landmark Bancorp, headquartered in Manhattan, Kansas, operates as a national commercial bank with a market capitalization of $134.22 million. InvestingPro analysis reveals the company has raised its dividend for 23 consecutive years, demonstrating strong commitment to shareholder returns. Discover more insights about LARK and 1,400+ other stocks through comprehensive Pro Research Reports available on InvestingPro.
In other recent news, Landmark Bancorp Inc. reported a 6.3% increase in net income for the full year of 2024, reaching $13 million. The company also saw a 25% year-over-year rise in diluted earnings per share for the fourth quarter, which amounted to $0.57. Landmark Bancorp’s loan portfolio expanded significantly by $50.5 million, marking a 20% annualized growth. Additionally, the company experienced a 6% growth in net interest income, totaling $45.7 million, and a 13% increase in non-interest income, reaching $1.5 million. The company plans to reprice approximately 30% of its loan portfolio in 2025, which may enhance its margins. Landmark Bancorp is also exploring merger and acquisition opportunities within Kansas. The company’s strategic focus on growth and efficiency is evident in its recent financial results and future plans.
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