Landmark Bancorp Inc. (“Landmark”; Nasdaq: LARK), a bank holding company serving 24 communities across Kansas, reported net earnings of $2.6 million ($0.60 per diluted share) for the quarter ended Sept. 30, 2019, compared to $3.0 million ($0.69 per diluted share) for the third quarter of 2018. For the nine months ended Sept. 30, 2019, Landmark reported net earnings of $7.4 million ($1.69 per diluted share), compared to $8.0 million ($1.83 per diluted share) in the first nine months of 2018.
Management hosted a conference call to discuss these results at 10 a.m. on Wednesday, Oct. 30. A replay of the call will be available through Nov. 30, by calling 877-344-7529 and using conference number 10136004.
Additionally, Landmark’s Board of Directors declared a cash dividend of $0.20 per share, to be paid Nov. 27, to common stockholders of record as of the close of business on November 13. The Board of Directors also declared a 5% stock dividend issuable Dec. 16 to common stockholders of record on Dec. 2. This is the 19th consecutive year that the board has declared a 5% stock dividend.