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Michael E. Scheopner, a director at Landmark Bancorp Inc. (NASDAQ:LARK), recently sold a significant portion of his holdings in the company. According to a filing submitted to the Securities and Exchange Commission, Scheopner sold a total of 41,058 shares of common stock on May 5, 2025. The shares were sold at prices ranging from $30.00 to $30.05 per share, amounting to a total transaction value of approximately $1.23 million. The sale occurred near the stock’s 52-week high of $31.04, during a period of strong performance with the stock up 65% over the past year. InvestingPro analysis suggests the stock is trading slightly above its Fair Value.
Following these sales, Scheopner retains direct ownership of 80,316 shares in Landmark Bancorp. Additionally, he holds 12,992 shares indirectly through an IRA account. This transaction marks a notable divestment by Scheopner, who is not only a director but also a prominent figure in the company’s leadership. Landmark Bancorp, headquartered in Kansas, operates as a financial holding company, offering a range of banking and financial services. With a market capitalization of $165 million and a P/E ratio of 10.9x, the company has maintained a strong dividend track record, currently yielding 2.95%. Subscribers to InvestingPro can access additional insights, including 8 more ProTips and comprehensive financial analysis in the Pro Research Report.
In other recent news, Landmark Bancorp reported a strong financial performance for the first quarter of 2025. The company achieved a significant increase in net income, rising by 69% year-over-year to $4.7 million. Diluted earnings per share also saw a 69% increase, reaching $0.81. Operational efficiencies contributed to a $1.1 million reduction in non-interest expenses, enhancing the company’s financial health. Landmark Bancorp maintained a robust capital position with a total risk-based capital ratio of 13.6%. The company plans to continue its focus on relationship banking and expanding its lending and fee-based businesses. Additionally, the Board of Directors declared a quarterly dividend of $0.21 per share, marking its 95th consecutive quarterly cash dividend. Landmark Bancorp’s strategic initiatives and operational efficiencies have positioned it well for future growth despite broader economic uncertainties.
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