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Landmark Bancorp (Landmark Bancorp) Net Income : $12.24 Mil (TTM As of Dec. 2023)


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What is Landmark Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Landmark Bancorp's Net Income for the three months ended in Dec. 2023 was $2.64 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $12.24 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Landmark Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.48.


Landmark Bancorp Net Income Historical Data

The historical data trend for Landmark Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Landmark Bancorp Net Income Chart

Landmark Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.66 19.49 18.01 9.88 12.24

Landmark Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.21 3.36 3.36 2.88 2.64

Landmark Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Landmark Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=14.19+-1.954+0+1.7763568394003E-15
=12.24

Landmark Bancorp's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.528+0.111+0+-4.4408920985006E-16
=2.64

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.24 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Landmark Bancorp  (NAS:LARK) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Landmark Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Landmark Bancorp Net Income Related Terms

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Landmark Bancorp (Landmark Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
701 Poyntz Avenue, Manhattan, KS, USA, 66502
Landmark Bancorp Inc is the bank holding company for Landmark National Bank, which is dedicated to providing quality financial and banking services. The bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four-family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans. In addition, it also invests in certain investment and mortgage-related securities using deposits and other borrowings as funding sources. Its primary deposit gathering and lending markets are geographically diversified with locations in central, eastern, southeast, and southwest Kansas.
Executives
Richard Ball director 2006 BROADWAY, SUITE D, GREAT BEND KS 67530
Mark A Herpich officer: Chief Financial Officer 701 POYNTZ AVENUE, MANHATTAN KS 66052
Michael E Scheopner officer: Executive Vice President 6701 SW HAMPTONSHIRE LANE, TOPEKA KS 66614-4464
Jim Lewis director 800 POYNTZ AVE, MANHATTAN KS 66502
Angela S. Hurt director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Angelia K. Stanland director 701 POYNTZ AVENUE, MANHATTAN KS 66502
Sandra J Moll director P.O. BOX 402, PAOLA KS 66071
Wayne R Sloan director 1044 BRIANNA CT, MANHATTAN KS 66503
Patrick L Alexander director, officer: President & CEO 2004 E. 175TH RD, LECOMPTON KS 66050
Mark J Oliphant officer: Market President 800 POYNTZ AVE, MANHATTAN KS 66502
Sarah Hill-nelson director 1311 WEST 8TH STREET, LAWRENCE KS 66044
Bradly L. Chindamo officer: Market President 902 APRIL RAIN RD, LAWRENCE KS 66049
Larry R Heyka officer: Market President 701 POYNTZ AVENUE, MANHATTAN KS 66502
Dean R Thibault officer: Market President 800 POYNTZ AVENUE, MANHATTAN KS 66052
C Duane Ross director 800 POYNTZ AVE, MANHATTAN KS 66502