Landmark Bancorp (LARK) Financial Statements & Analysis

Landmark Bancorp (LARK) Income Statement

Landmark Bancorp reported revenue of $70.64M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 16.8% from $60.47M a year earlier. Net income was $18.77M, up 44.4% year over year, a net margin of 26.6%. Gross margin was 96.7% and operating margin 32.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $18.68M, down 21.3% from the same quarter a year earlier.

Landmark Bancorp Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Landmark Bancorp, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	70.64	60.47	56.17	52.58	60.08	66.61	52.92	48.72	36.90
Cost of Revenue	27.68	30.48	21.74	4.35	2.01	6.07	8.16	6.77	4.04
Gross Profit	68.29	58.17	56.17	52.58	60.08	60.54	44.76	41.96	32.87
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	25.51	23.10	9.96	8.59	8.33	20.66	19.44	18.45	17.42
Operating Expenses	45.23	44.08	41.98	41.27	37.26	36.26	32.65	30.37	29.40
Operating Income	23.05	14.09	14.19	11.31	22.83	24.28	12.12	11.59	3.47
Other Income/Expense
Interest Income	81.02	73.90	64.68	43.23	39.83	39.25	37.11	33.15	29.70
Interest Expense	25.33	28.18	21.39	4.35	1.51	2.77	6.76	5.37	3.59
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	23.05	14.09	14.19	11.31	22.83	24.28	12.12	11.59	3.47
Income Tax Expense	4.28	1.09	1.95	1.43	4.81	4.79	1.45	1.17	-0.90
Net Income	18.78	13.00	12.24	9.88	18.01	19.49	10.66	10.43	4.37
Net Income - Continuous Operations	18.78	13.00	12.24	9.88	18.01	19.49	10.66	10.43	4.37
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	25.28	16.59	3.11	2.58	2.60	26.87	14.34	13.71	5.76
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.95	1.16	1.84	1.45	1.60	2.59	2.22	2.12	2.29
Earnings Per Share
Basic EPS	3.00	2.00	2.00	2.00	3.00	3.00	2.00	2.00	1.00
Diluted EPS	3.00	2.00	2.00	2.00	3.00	3.00	2.00	2.00	1.00
Basic Shares Outstanding	6.07	6.05	6.04	6.06	6.07	5.77	5.86	5.83	5.72
Diluted Shares Outstanding	6.12	6.05	6.04	6.07	6.09	5.78	5.88	5.85	5.82

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Landmark Bancorp Financial Statements

What was Landmark Bancorp's revenue in fiscal 2025?

Landmark Bancorp reported revenue of $70.64M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 16.8% from $60.47M a year earlier.

Is Landmark Bancorp profitable?

Yes. Landmark Bancorp earned net income of $18.77M in fiscal 2025, a net margin of 26.6%. In fiscal 2024 it earned $13.00M.

What is Landmark Bancorp's operating margin?

Landmark Bancorp's operating income was $23.05M on revenue of $70.64M in fiscal 2025, an operating margin of 32.6%, compared with 23.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition