Landmark Bancorp Sees Year-over-Year Earnings Increase in Q3 Driven by Loan Growth and Credit Improvements

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Landmark Bancorp, Inc. (LARK) reported a diluted earnings per share of 85 cents for Q3 2025, up 25% year-over-year from 68 cents. The company recorded net income of $4.9 million, an increase from $3.9 million a year earlier. Total revenues reached $18.2 million, up from $15.9 million in the previous year, driven by higher net interest income and improved credit quality.

Net interest income rose to $14.1 million, a 21.5% increase year-over-year, while the net interest margin was stable at 3.83%. Average loans came in at $1.1 billion, with deposits increasing by $51.6 million to $1.3 billion. Non-performing loans decreased to $10 million, representing 0.89% of gross loans.

The company announced a cash dividend of 21 cents per share payable on November 26, 2025, to shareholders of record as of November 12, 2025, along with a 5% stock dividend, marking its 25th consecutive annual stock dividend.

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