Recent Updates — LARK
Landmark Bancorp, Inc. reported third-quarter 2026 diluted earnings per share of $0.89, up from $0.88 in the prior quarter and $0.81 a year ago. Net earnings totaled $5.5 million for the three months ended September 30, 2026, compared to $5.4 million in Q2 and $4.9 million in Q3 2025. For the first nine months of 2026, diluted EPS reached $2.59 against $2.29 in the prior year period, with net earnings rising 13.5% to $15.9 million. The company's net interest margin expanded 13 basis points to 4.35%, driven by higher rates on earning assets. Landmark Bancorp operates as a community banking holding company providing financial services through its subsidiary bank in Kansas.
The Board of Directors approved a cash dividend of $0.21 per share, payable on November 27, 2026 to holders of record as of November 12, 2026. Additionally, the company declared a 5% stock dividend, issuable on December 16, 2026 to shareholders of record as of December 2, 2026. This marks the 26th consecutive year Landmark has issued this specific stock dividend. Landmark Bancorp is the holding company for Landmark National Bank, a community banking organization operating 28 locations across Kansas.
The Board of Directors approved the Landmark Bancorp, Inc. Management Incentive Program (the "Program"), which includes an annual cash incentive program (AIP) and a long-term equity incentive program (LTIP). Participants include executive officers and key management members, such as President and CEO Abigail M. Wendel and CFO Mark A. Herpich. The AIP offers cash awards based on performance against established goals, with payouts ranging from 0% to 150% of the target opportunity. The LTIP provides equity awards under the 2024 Stock Incentive Plan, consisting of time-based restricted stock and performance-contingent grants. For 2026, Ms. Wendel's target AIP is 35% of base salary with a 25% LTIP opportunity, while Mr. Herpich's targets are 25% for AIP and 20% for LTIP. Landmark Bancorp operates as a bank holding company providing financial services through its subsidiary, Landmark National Bank.
Landmark Bancorp reported second quarter 2026 diluted earnings per share of $0.88, up from $0.72 in the prior year period, with net earnings totaling $5.4 million. The company declared a quarterly cash dividend of $0.21 per share, payable on August 27, 2026, to shareholders of record as of August 13, 2026. Landmark Bancorp operates in the banking industry.