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Landmark Bancorp (Landmark Bancorp) Return-on-Tangible-Equity : 12.60% (As of Mar. 2024)


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What is Landmark Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Landmark Bancorp's annualized net income for the quarter that ended in Mar. 2024 was $11.11 Mil. Landmark Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $88.19 Mil. Therefore, Landmark Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 12.60%.

The historical rank and industry rank for Landmark Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

LARK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.73   Med: 15.24   Max: 20.15
Current: 14.47

During the past 13 years, Landmark Bancorp's highest Return-on-Tangible-Equity was 20.15%. The lowest was 6.73%. And the median was 15.24%.

LARK's Return-on-Tangible-Equity is ranked better than
70.79% of 1455 companies
in the Banks industry
Industry Median: 10.7 vs LARK: 14.47

Landmark Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Landmark Bancorp's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Landmark Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.37 20.15 16.45 10.66 15.34

Landmark Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 17.97 17.23 15.51 13.32 12.60

Competitive Comparison of Landmark Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Landmark Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Landmark Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Landmark Bancorp's Return-on-Tangible-Equity falls into.



Landmark Bancorp Return-on-Tangible-Equity Calculation

Landmark Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=12.236/( (71.415+88.138 )/ 2 )
=12.236/79.7765
=15.34 %

Landmark Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=11.112/( (88.138+88.246)/ 2 )
=11.112/88.192
=12.60 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Landmark Bancorp  (NAS:LARK) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Landmark Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Landmark Bancorp's Return-on-Tangible-Equity 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