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Stock impact report

Landmark Bancorp (LARK) Earnings Transcript [Yahoo! Finance]

Landmark Bancorp Inc. (LARK) 
US:NASDAQ Investor Relations: landmarkbancorpinc.com
Company Research Source: Yahoo! Finance
President & Chief Executive Officer — Abigail M. Wendel Chief Financial Officer — Mark A. Herpich Executive Vice President, Chief Lending Officer — Raymond L. McLanahan Need a quote from a Motley Fool analyst? Email pr@fool.com Full Conference Call Transcript Abigail Wendel: Landmark Bancorp, Inc. reported another solid quarter of earnings results, which reflect the hard work and commitment of our associates whose efforts continue to elevate Landmark Bancorp, Inc.'s position in the market. Net income for the third quarter totaled $4.9 million or $0.85 per diluted share compared to $3.9 million or $0.68 per diluted share in the same period last year, an increase of 24.1% in diluted earnings per share. This year-over-year increase in earnings primarily reflects growth in net interest income and prudently managed expenses. Our return on average assets improved to 1.21% for the quarter, and return on average equity improved to 13%. We maintained a steady net interest margin a Show less Read more
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