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Landmark Bancorp (Landmark Bancorp) ROE % : 8.93% (As of Dec. 2023)


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What is Landmark Bancorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Landmark Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $10.56 Mil. Landmark Bancorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $118.24 Mil. Therefore, Landmark Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 8.93%.

The historical rank and industry rank for Landmark Bancorp's ROE % or its related term are showing as below:

LARK' s ROE % Range Over the Past 10 Years
Min: 5.06   Med: 11.23   Max: 16.57
Current: 10.49

During the past 13 years, Landmark Bancorp's highest ROE % was 16.57%. The lowest was 5.06%. And the median was 11.23%.

LARK's ROE % is ranked better than
54.66% of 1460 companies
in the Banks industry
Industry Median: 9.78 vs LARK: 10.49

Landmark Bancorp ROE % Historical Data

The historical data trend for Landmark Bancorp's ROE % 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 ROE % Chart

Landmark Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.63 16.57 13.73 8.00 10.27

Landmark Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 4.47 11.72 11.44 10.15 8.93

Competitive Comparison of Landmark Bancorp's ROE %

For the Banks - Regional subindustry, Landmark Bancorp's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Landmark Bancorp's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Landmark Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where Landmark Bancorp's ROE % falls into.



Landmark Bancorp ROE % Calculation

Landmark Bancorp's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=12.236/( (111.433+126.914)/ 2 )
=12.236/119.1735
=10.27 %

Landmark Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=10.556/( (109.557+126.914)/ 2 )
=10.556/118.2355
=8.93 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Landmark Bancorp  (NAS:LARK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=10.556/118.2355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.556 / 52.56)*(52.56 / 1559.629)*(1559.629 / 118.2355)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.08 %*0.0337*13.1909
=ROA %*Equity Multiplier
=0.68 %*13.1909
=8.93 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=10.556/118.2355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.556 / 10.112) * (10.112 / 52.56) * (52.56 / 1559.629) * (1559.629 / 118.2355)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0439 * 19.24 % * 0.0337 * 13.1909
=8.93 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Landmark Bancorp ROE % Related Terms

Thank you for viewing the detailed overview of Landmark Bancorp's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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