Landmark Bancorp, Inc. (LARK) Income Statement
LARK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLARK revenue and net income
Where LARK's revenue goes
2025Each bar shows an amount and its share of revenue. LARK kept 19.6% of revenue as net income.
LARK profit margins
LARK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.3% | +19.0% | +7.6% | +7.6% |
| Gross profit | +17.4% | +9.1% | +2.4% | +4.6% |
| Operating income | +63.6% | +26.8% | −1.0% | +4.8% |
| Net income | +44.4% | +23.9% | −0.7% | +6.0% |
| EPS (diluted) | +30.8% | +16.0% | −6.3% | +3.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LARK quarterly EPS vs estimates
Landmark Bancorp beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 4, 2026 (estimate $0.89).
LARK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $96.0M | $88.6M | $64.7M | $56.9M | $62.1M | $66.6M | $52.9M | $48.7M | $36.9M | $44.1M |
| Cost of revenue | $27.7M | $30.5M | $21.7M | $4.3M | $2.0M | $6.1M | $8.2M | $6.8M | $4.0M | $3.7M |
| Gross profit | $68.3M | $58.2M | $64.7M | $52.6M | $60.1M | $60.5M | $44.8M | $42.0M | $32.9M | $40.4M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $30.7M | $23.1M | $2.5M | $20.4M | $20.2M | $21.2M | $20.0M | $18.4M | $17.4M | $17.7M |
| Total operating expenses | $45.2M | $44.1M | $2.5M | $41.3M | $37.3M | $36.3M | $32.6M | $30.4M | $29.4M | $29.1M |
| Operating income | $23.1M | $14.1M | $14.2M | $11.3M | $22.8M | $24.3M | $12.1M | $11.6M | $3.5M | $11.3M |
| Interest income | $81.0M | $73.9M | $64.7M | $43.2M | $39.8M | $39.3M | $37.1M | $33.2M | $29.7M | $29.2M |
| Interest expense | $25.3M | $28.2M | $21.4M | $4.3M | $1.5M | $2.8M | $6.8M | $5.4M | $3.6M | $3.2M |
| Income before taxes | $23.1M | $14.1M | $14.2M | $11.3M | $22.8M | $24.3M | $12.1M | $11.6M | $3.5M | $11.3M |
| Income taxes | $4.3M | $1.1M | $2.0M | $1.4M | $4.8M | $4.8M | $1.5M | $1.2M | −$897,000 | $2.3M |
| Net income | $18.8M | $13.0M | $12.2M | $9.9M | $18.0M | $19.5M | $10.7M | $10.4M | $4.4M | $9.0M |
| EBITDA | $25.3M | $16.6M | $14.2M | $13.9M | $25.4M | $26.9M | $14.3M | $13.7M | $5.8M | $13.8M |
| EPS (diluted) | $3.06 | $2.34 | $2.32 | $1.96 | $3.76 | $4.24 | $2.40 | $2.47 | $0.96 | $1.76 |
| Gross margin | 71.2% | 65.6% | 100.0% | 92.4% | 96.8% | 90.9% | 84.6% | 86.1% | 89.1% | 91.6% |
| Operating margin | 24.0% | 15.9% | 21.9% | 19.9% | 36.8% | 36.5% | 22.9% | 23.8% | 9.4% | 25.6% |
| Net margin | 19.6% | 14.7% | 18.9% | 17.4% | 29.0% | 29.3% | 20.1% | 21.4% | 11.8% | 20.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M | $24.0M | $24.7M | $24.8M | $23.7M | $22.7M | $22.3M | $23.3M | $21.9M | $21.1M | $19.7M | $20.4M |
| Cost of revenue | $5.8M | $5.8M | $6.5M | $7.5M | $7.4M | $6.2M | $8.1M | $7.9M | $7.2M | $7.3M | $6.7M | $6.2M |
| Gross profit | −$561,000 | $18.2M | $18.2M | $17.3M | $16.3M | $16.5M | $14.3M | $15.4M | $14.7M | $13.8M | $13.1M | $14.3M |
| Sales, general & admin | $5.8M | $7.8M | $8.1M | $8.9M | $540,000 | $6.2M | $6.3M | $5.8M | $5.5M | $5.5M | $5.8M | $5.8M |
| Total operating expenses | $5.8M | $11.9M | $12.3M | $11.3M | $11.0M | $10.8M | $11.9M | $10.6M | $11.1M | $10.6M | $10.6M | $10.7M |
| Operating income | −$6.3M | $6.3M | $5.9M | $6.1M | $5.3M | $5.7M | $2.4M | $4.8M | $3.6M | $3.3M | $2.5M | $3.5M |
| Interest income | $20.3M | $20.2M | $20.8M | $20.7M | $20.1M | $19.3M | $19.0M | $19.0M | $18.2M | $17.7M | $17.5M | $16.8M |
| Interest expense | $5.2M | $5.2M | $6.0M | $6.6M | $6.4M | $6.2M | $6.6M | $7.4M | $7.2M | $7.0M | $6.6M | $6.2M |
| Income before taxes | $6.7M | $6.3M | $5.9M | $6.1M | $5.3M | $5.7M | $2.4M | $4.8M | $3.6M | $3.3M | $2.5M | $3.5M |
| Income taxes | $1.3M | $1.3M | $1.2M | $1.1M | $944,000 | $1.0M | −$886,000 | $867,000 | $587,000 | $518,000 | −$111,000 | $671,000 |
| Net income | $5.4M | $5.1M | $4.7M | $4.9M | $4.4M | $4.7M | $3.3M | $3.9M | $3.0M | $2.8M | $2.6M | $2.9M |
| EBITDA | −$5.8M | $6.9M | $5.9M | $6.6M | $5.9M | $6.3M | $3.0M | $5.4M | $4.2M | $4.0M | $3.3M | $4.3M |
| EPS (diluted) | $0.88 | — | — | $0.85 | $0.75 | $0.81 | $0.57 | $0.72 | $0.55 | $0.51 | $0.48 | $0.55 |
| Gross margin | −10.7% | 75.9% | 73.5% | 69.8% | 68.7% | 72.6% | 63.9% | 66.0% | 67.1% | 65.5% | 66.3% | 69.8% |
| Operating margin | −120.7% | 26.3% | 24.0% | 24.4% | 22.5% | 25.2% | 10.7% | 20.6% | 16.4% | 15.6% | 12.8% | 17.4% |
| Net margin | 103.0% | 21.1% | 19.2% | 19.9% | 18.6% | 20.7% | 14.7% | 16.9% | 13.8% | 13.1% | 13.4% | 14.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LARK's financial statements (latest annual report filed April 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LARK financial results
In fiscal year 2025 (ended December 31, 2025), Landmark Bancorp reported revenue of $96.0 million, up 8.3% from the year before. It had net income of $18.8 million (up 44.4%), a net profit margin of 19.6%. Diluted earnings per share came to $3.06. Over five years revenue grew at an average rate of 7.6% a year.
See the LARK stock overview for the latest quote and news, or the LARK chart for price history and technical indicators.
LARK income statement FAQ
What is Landmark Bancorp's annual revenue?
Landmark Bancorp reported total revenue of $96.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 8.3% from $88.6 million the previous year.
Is Landmark Bancorp profitable?
Yes. Landmark Bancorp reported net income of $18.8 million in fiscal 2025, a net profit margin of 19.6%; its operating margin was 24.0%.
What is Landmark Bancorp's gross margin?
Landmark Bancorp's gross margin was 71.2% in fiscal 2025: for every $100 of revenue, Landmark Bancorp kept $71 after the direct cost of its products and services.
How fast is Landmark Bancorp growing?
Revenue grew 7.6% a year on average over the last five fiscal years, from $66.6 million to $96.0 million.
What are Landmark Bancorp's earnings per share?
Landmark Bancorp earned $3.06 per diluted share in fiscal 2025, compared with $2.34 a year earlier.
When will Landmark Bancorp report its next earnings?
Landmark Bancorp is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Landmark Bancorp's fiscal year end?
Landmark Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 14, 2026.