Landmark Bancorp Inc

investor.banklandmark.com

What Do They Do?

Provides loans, deposit accounts and cash-management services to individuals and businesses in Kansas and the Kansas City metropolitan area.

How Do They Make Money?

Collects fees for deposit transactions and overdrafts when they occur, and monthly account-maintenance fees over the course of each month; it also earns interchange fees as debit-card transactions are processed.

FY2025 revenue

Who Are Their Customers?

The Bank serves individuals and businesses across Kansas and the Kansas City area. Loan customers come through direct solicitation by loan officers and referrals from brokers, builders, attorneys, and existing depositors and borrowers.

Do Revenues Turn Into Profits?

Yes. It kept 23 cents of every revenue dollar as net income in FY2025 and turned 26 cents into free cash flow.

Net income, FY2025

23% of revenue

▲ +44% vs FY2024 ($13M, 18%)

Free cash flow, FY2025

26% of revenue

▲ +76% vs FY2024 ($11.9M, 16%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +1%; vs $20.1M in Q2 FY2025
Net income: ▲ +22%; vs $4.4M in Q2 FY2025

Growing. Revenue grew 2.0x in 4 years, from $39.8M in FY2021 to $81M in FY2025, about 19% a year.

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