Monitor Q2 2026 for fraud recovery updates and loan/deposit trends. The dividend remains stable, but the deposit outflow and fraud loss warrant attention. No guidance was provided, so earnings momentum is the key near-term driver.
Price Chart
Executive Summary
Landmark Bancorp reported Q1 2026 diluted EPS of $0.83, up 6.7% YoY from $0.77, and net earnings of $5.1 million, up from $4.7 million. Net interest margin expanded 48bp to 4.24%, but results were marred by a $433,000 fraud loss and a 1.2% sequential decline in loans. The Board declared a $0.21 dividend.
Key Financial Metrics
Key Facts
- Diluted EPS $0.83 vs $0.77 in Q1 2025 (up 6.7%)
- Net earnings $5.066 million vs $4.701 million YoY
- Net interest margin improved to 4.24% from 3.76% YoY
- Total revenue (net interest income + non-interest income) $18.787 million vs $16.477 million YoY
- Non-interest expense rose 10.6% YoY, partly due to $433,000 fraud loss from a non-executive officer
- Period-end loans decreased $13.5 million QoQ; deposits decreased $66.2 million
- Dividend maintained at $0.21 per share
Financial Impact
Earnings growth partially offset by fraud loss and balance sheet contraction; net positive but modest
Risk Factors
- Fraud loss may recur or not be fully recovered
- Declining loan balances could pressure future net interest income
- Deposit outflows may increase funding costs
- Elevated non-performing loans (0.94% vs 0.90% prior quarter)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-019638 |
| Document: form8-k.htm | 0001493152-26-019638 |
| Document: 0001493152-26-019638-index-headers.html | 0001493152-26-019638 |
| Document: 0001493152-26-019638-index.html | 0001493152-26-019638 |
| Document: 0001493152-26-019638.txt | 0001493152-26-019638 |
| 8-K Data (Synthetic) | 0001493152-26-019638 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | $32.22 | awaiting T+20 | — | $31.69 (−1.64%) |
Oct 26, 2026 today | 8-K | $32.22 | awaiting T+20 | — | $31.69 (−1.64%) |
Oct 26, 2026 today | 8-K | $32.22 | awaiting T+20 | — | $31.69 (−1.64%) |
Oct 22, 2026 4d ago | Press Release | $32.63 | awaiting T+20 | — | $31.69 (−2.88%) |
Oct 5, 2026 21d ago | SC 13G/A | $31.26 | awaiting T+20 | — | $31.69 (+1.38%) |
Sep 24, 2026 4w ago | 8-K | $31.32 $32.97 | ▲ +5.27% | ▲ +5.69% | $31.69 (+1.18%) |
Sep 14, 2026 6w ago | 144 | $33.33 $31.42 | ▼ −5.73% | ▼ −8.45% | $31.69 (−4.92%) |
Jun 10, 2026 19w ago | Insider Cluster | $29.00 $30.13 | ▲ +3.90% | ▲ +2.01% | $31.69 (+9.28%) |
Jun 2, 2026 20w ago | Insider Cluster | $28.25 $31.14 | ▲ +10.23% | ▲ +11.23% | $31.69 (+12.18%) |
Jun 2, 2026 20w ago | 144 | $28.25 $31.14 | ▲ +10.23% | ▲ +11.23% | $31.69 (+12.18%) |
US Market Status
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