Revenue: As of FY2025 Q4, the actual value is USD 18.69 M.EPS: As of FY2025 Q4, the actual value is USD 0.77.EBIT: As of FY2025 Q4, the actual value is USD -8.861 M.<h3>Dividend Announcement</h3>Landmark Bancorp, Inc. (兰德马克银行)’s Board of Directors approved a cash dividend of $0.21 per share, payable on February 26, 2026, to stockholders of record as of February 12, 2026.<h4>Fourth Quarter 2025 Highlights</h4><ul><li>Net Earnings: Net earnings for the fourth quarter of 2025 were $4.7 million, compared to $4.9 million in the third quarter of 2025 and $3.3 million in the fourth quarter of 2024.</li><li>Total Revenue: Total revenue increased to $18.7 million, marking a 2.9% increase over the prior quarter.</li><li>Net Interest Income: Net interest income totaled $14.8 million, an increase of $695,000, or 4.9%, compared to the previous quarter, and an increase of $2.4 million, or 19.3%, compared to the same quarter of the prior year.</li><li>Non-Interest Income: Non-interest income was $3.9 million, a decrease of $169,000 from the previous quarter, primarily due to a - $101,000 loss on sales of lower-yielding investment securities.</li><li>Non-Interest Expense: Non-interest expense totaled $12.3 million, an increase of $1.0 million, or 9.0%, compared to the prior quarter, and an increase of $386,000, or 3.3%, compared to the same period in the prior year. This increase was primarily driven by a $511,000 increase in compensation and benefits expense, a $173,000 increase in professional fees, and a $356,000 valuation allowance recorded on repossessed assets held for sale.</li><li>Return on Average Assets (ROAA): The return on average assets was 1.17%.</li><li>Return on Average Equity (ROAE): The return on average equity was 11.88%.</li><li>Net Interest Margin (NIM): Net interest margin improved to 4.03%, a 20-basis-point increase compared to the prior quarter and an increase of 52 basis points from 3.51% during the fourth quarter of the prior year.</li><li>Efficiency Ratio: The efficiency ratio was 62.8%.</li><li>Average Deposit Balances: Average deposit balances increased $8.8 million during the quarter, and the cost of deposits improved to 1.50%.</li><li>Book Value per Share: Book value per share was $26.44 as of December 31, 2025, compared to $25.64 as of September 30, 2024.</li><li>Tangible Book Value per Share: Tangible book value per share grew to $20.79, representing a 16.4% annualized growth rate over the prior quarter.</li></ul><h4>Full Year 2025 Highlights</h4><ul><li>Net Earnings: Net earnings for 2025 totaled $18.8 million, compared to $13.0 million in 2024, representing an increase of 44.4%.</li><li>Net Interest Income: Net interest income grew $10.0 million due to higher interest on loans coupled with lower interest costs.</li><li>Return on Average Assets (ROAA): The return on average assets increased to 1.17% compared to 0.83% for 2024.</li><li>Return on Average Equity (ROAE): The return on average equity increased to 12.68% compared to 10.01% for 2024.</li><li>Net Interest Margin (NIM): Net interest margin increased to 3.86% compared to 3.28% in the prior year.</li><li>Efficiency Ratio: The efficiency ratio improved to 62.7% compared to 69.1% for 2024.</li><li>Average Loans: Average loans grew $112.3 million, or 11.5%, primarily due to strong growth in commercial real estate loan originations and residential mortgages.</li><li>Total Deposits: Total year-end deposits grew $60.1 million, or 4.5%.</li><li>Loan to Deposit Ratio: The loan to deposit ratio totaled 79.1% at year-end 2025.</li><li>Net Charge-offs: Net charge-offs totaled 0.25% of average loans.</li><li>Non-Performing Loans: Non-performing loans totaled $10.0 million, a decrease of $3.1 million, or 23.8%, from year-end 2024.</li></ul><h4>Balance Sheet Highlights (as of December 31, 2025)</h4><ul><li>Total Assets: Total assets were $1,606,642 thousand.</li><li>Total Deposits: Total deposits were $1,388,854 thousand, an annualized increase of 19.0% compared to the prior quarter, driven by a $71.6 million increase in money market and checking accounts, partially offset by a $12.1 million decrease in certificates of deposit.</li><li>Total Gross Loans: Gross period-end loans totaled $1.1 billion, a decrease of $6.3 million from the prior quarter. This decrease was primarily driven by lower commercial loans (a decrease of $8.5 million) and one-to-four family residential real estate loans (a decrease of $6.3 million), offset by growth in commercial real estate (a growth of $4.7 million) and agriculture loans (a growth of $2.9 million).</li><li>Stockholders’ Equity: Stockholders’ equity increased to $160.6 million (book value of $26.44 per share) from $155.7 million (book value of $25.64 per share) as of September 30, 2025.</li><li>Equity to Total Assets: The ratio of equity to total assets increased to 10.00% from 9.63% on September 30, 2025.</li><li>Tangible Equity to Tangible Assets: Tangible common equity to assets increased to 8.03% from 7.66% as of September 30, 2025.</li><li>Allowance for Credit Losses: The allowance for credit losses totaled $12.5 million, or 1.12% of total gross loans, compared to $12.3 million, or 1.10% of total gross loans, on September 30, 2025.</li><li>Net Loan Charge-offs (Q4 2025): Net loan charge-offs totaled $341,000, compared to $2.3 million during the third quarter of 2025 and $219,000 in the fourth quarter of the prior year.</li><li>Provision for Credit Losses (Q4 2025): A provision for credit losses of $500,000 was recorded, compared to $850,000 in the third quarter of 2025.</li><li>Non-Performing Loans: Non-performing loans totaled $10.0 million, or 0.90% of gross loans, compared to $10.0 million, or 0.89% of gross loans, at September 30, 2025.</li><li>Loans 30-89 Days Delinquent: Loans 30-89 days delinquent totaled $4.3 million, or 0.38% of gross loans, compared to $4.9 million, or 0.43% of gross loans, as of September 30, 2025.</li></ul>

Landmark Bancorp | 8-K: FY2025 Q4 Revenue: USD 18.69 M