Landmark Bancorp director Jim Lewis sells $13,168 LARK shares

Landmark Bancorp director Jim Lewis divested 400 shares of the company's common stock on September 15, 2026, generating a total of $13,168. The shares were sold at a price of $32.9206 each, while the current market price stands at $32.55, having a market capitalization of $198.57 million. Over the past six months, the stock has achieved a robust 32.8% return.

Following this sale, Mr. Lewis retains 152,796 shares of the company's common stock. The firm operates at a P/E ratio of 10 and offers a dividend yield of 2.58%. Based on InvestingPro's analysis, LARK appears undervalued, positioning it among the Most Undervalued equities. For further insights, including comprehensive Pro Research Reports, consult InvestingPro.

Recently, Landmark Bancorp reported record revenue for Q2 2026, totaling $19.2 million, with earnings per share at $0.88 and net income rising by 5.9% to $5.4 million. This growth was observed despite increased professional fees for forensic accounting and legal work due to previous fraud disclosures. The bank's deposit quality improved as core deposits climbed by $11 million, while brokered funding was reduced.

However, non-performing loans increased to 1.18% of gross loans, impacted by two borrowers entering non-accrual status. Return on average assets grew to 1.35%, and return on average equity reached 13.23%. Management remains cautiously optimistic about loan growth and net interest margin for the latter half of 2026.