Landmark Bancorp, Inc. Financial Ratios — LARK Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	7.94	10.4	7.39	11.98	13.8	10.83	5.06	11.62	10.63	16.57	13.73	8	10.27	9.88	12.65
Return on Assets (%)	0.77	1.05	0.65	0.95	1.21	1	0.47	1.09	1.07	1.78	1.43	0.7	0.8	0.83	1.18
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	6.16	6.97	5.75	6.1	5.86	6.21	6.87	4.88	4.82	4.06	4.29	4.91	5.51	4.13	3.15
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	18.51	26.75	18.16	27.87	33.59	27.57	10.42	26.74	26.24	38.03	37.68	21.51	25.11	23.3	32.64
Profit Margin (%)	16.64	20.82	15.65	20.26	24.47	21.92	13.11	24.05	23.1	30.53	29.73	18.79	21.65	21.5	26.58
Net Income to Common Margin (%)	16.64	20.82	15.65	20.26	24.47	21.92	13.11	24.05	23.1	30.53	29.73	18.79	21.65	21.5	26.58
Effective Tax Rate (%)	10.1	22.17	13.81	27.32	27.14	20.52	- -	10.07	11.99	19.72	21.09	12.66	13.77	7.71	18.56
Dvd Payout Ratio (%)	44.92	33.31	48.18	30	24.24	32.5	71.14	31.89	32.9	18.64	21.2	42.5	35.88	35.47	25.89
Sustainable Growth Rate (%)	4.37	6.93	3.83	8.39	10.46	7.31	1.46	7.91	7.14	13.48	10.82	4.6	6.58	6.38	9.37

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	104	60	69	77	71	73	53	42	25	22	29	68	86	75	32
ST Debt	27	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	77	60	69	77	71	73	53	42	25	22	29	68	86	75	32
Total Debt/EBITDA	62.71	28.14	40.22	31.6	28.07	28.68	23.2	19.68	11.08	8.36	11.18	26.45	27.72	29.89	14.46
Net Debt/EBITDA	52.16	21.14	22.83	26.34	22.68	20.81	15.95	10.65	4.93	-26.51	-64.49	13.96	17.44	20.13	3.6
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.88	10.31	7.56	8.3	9.17	9.32	9.43	9.32	10.88	10.66	10.21	7.41	8.13	8.65	10
Long-Term Debt/Equity (%)	129.56	94.69	109.65	106.84	87.7	85.78	60.58	45.32	22.7	17.09	21.42	61.25	68.01	54.84	20.06
Long-Term Debt/Capital (%)	46.95	48.64	52.3	51.65	46.72	46.17	37.73	31.19	18.5	14.6	17.64	37.98	40.48	35.42	16.71
Long-Term Debt/Total Assets (%)	12.8	9.77	8.29	8.87	8.04	8	5.71	4.23	2.47	1.82	2.19	4.54	5.53	4.75	2.01
Total Debt/Equity (%)	175.97	94.69	109.65	106.84	87.7	85.78	60.58	45.32	22.7	17.09	21.42	61.25	68.01	54.84	20.06
Total Debt/Capital (%)	63.76	48.64	52.3	51.65	46.72	46.17	37.73	31.19	18.5	14.6	17.64	37.98	40.48	35.42	16.71
Total Debt/Total Assets (%)	17.39	9.77	8.29	8.87	8.04	8	5.71	4.23	2.47	1.82	2.19	4.54	5.53	4.75	2.01
Net Debt to Equity	146.36	71.13	62.22	89.03	70.86	62.24	41.66	24.52	10.09	-54.18	-123.51	32.32	42.78	36.94	4.99
Net Debt/Capital (%)	59.41	41.56	38.36	47.1	41.47	38.36	29.41	19.69	9.16	-118.23	525.29	24.42	29.96	26.97	4.75
EBITDA	2	2	2	2	3	3	2	2	2	3	3	3	3	2	2
EBITDA-CapEx	1	1	1	1	1	2	1	1	1	2	1	2	2	- -	2
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.88	10.31	7.56	8.3	9.17	9.32	9.43	9.32	10.88	10.66	10.21	7.41	8.13	8.65	10
Long-Term Debt/Equity (%)	129.56	94.69	109.65	106.84	87.7	85.78	60.58	45.32	22.7	17.09	21.42	61.25	68.01	54.84	20.06
Long-Term Debt/Capital (%)	46.95	48.64	52.3	51.65	46.72	46.17	37.73	31.19	18.5	14.6	17.64	37.98	40.48	35.42	16.71
Long-Term Debt/Total Assets (%)	12.8	9.77	8.29	8.87	8.04	8	5.71	4.23	2.47	1.82	2.19	4.54	5.53	4.75	2.01
Total Debt/Equity (%)	175.97	94.69	109.65	106.84	87.7	85.78	60.58	45.32	22.7	17.09	21.42	61.25	68.01	54.84	20.06
Total Debt/Capital (%)	63.76	48.64	52.3	51.65	46.72	46.17	37.73	31.19	18.5	14.6	17.64	37.98	40.48	35.42	16.71
Total Debt/Total Assets (%)	17.39	9.77	8.29	8.87	8.04	8	5.71	4.23	2.47	1.82	2.19	4.54	5.53	4.75	2.01
CFO/Total Liabilities	2.42	2.25	1.58	1.1	0.88	2.3	0.36	2.38	1.02	1.4	2.61	1.78	0.88	0.99	1.5
CFO/CapEx	37.45	15.5	18.61	5.94	5.75	31.91	2.11	16.24	8.77	41.25	23.53	28.29	12.67	6.14	35.76
Altman's Z-Score	0.17	0.18	0.13	0.17	0.18	0.18	0.17	0.16	0.18	0.17	0.18	0.14	0.13	0.15	0.17

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	2.98	3.82	3.15	3.77	4.15	3.47	2.56	3.29	3.74	5.03	4.41	2.66	2.05	4.17	- -
Days Sales Outstanding	122.69	95.67	115.72	96.7	87.9	105.13	142.78	110.88	97.65	72.59	82.72	137.26	177.83	87.49	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	55	61	65	95	97	114	124	106	121	114	151	124	114	146	159
- Cash & Cash Equivalents	18	15	30	13	14	20	17	19	14	90	197	32	32	24	24
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	104	60	69	77	71	73	53	42	25	22	29	68	86	75	32
Enterprise Value	-57	-107	-197	-191	-199	-219	-227	-259	-231	-247	-398	-329	-285	-177	128
Total Capital	163	123	131	148	151	158	141	134	133	148	165	180	213	211	193
Total Debt/Capital (%)	63.76	48.64	52.3	51.65	46.72	46.17	37.73	31.19	18.5	14.6	17.64	37.98	40.48	35.42	16.71
Total Debt / EV	-1.82	-0.56	-0.35	-0.4	-0.36	-0.33	-0.23	-0.16	-0.11	-0.09	-0.07	-0.21	-0.3	-0.42	0.25
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.65	1.81
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	64.11	57.43
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.25	5.91
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.68	5.75
Diluted Market Cap	55	62	64	96	100	114	126	106	121	114	151	125	114	145	160
Diluted Enterprise Value	141	107	103	160	157	167	162	129	132	45	-17	161	168	196	168
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.5	21.07
TTM Sales	27	31	30	40	43	41	33	43	46	64	61	53	57	60	71
TTM EBITDA	2	2	2	2	3	3	2	2	2	3	3	3	3	2	2
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	13	12	12	9	7	19	3	21	9	15	31	25	13	14	22
TTM Free Cash Flow to Firm	13	13	13	10	8	20	5	23	10	15	32	26	14	17	22

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	4.07	4.67	5.06	9.48	12.06	5.81	27.94	4.72	11.95	7.52	4.64	4.86	8.38	8.78	7.21
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-57	-107	-197	-191	-199	-219	-227	-259	-231	-247	-398	-329	-285	-177	128
Low Price	7.08	9.28	10.17	10.96	12.61	15.34	18.29	15.67	16.2	11.71	18.47	18.75	14.96	17.05	22.04
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.65	1.81
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	64.11	57.43
Price/Earnings	12.17	9.59	13.64	11.74	9.21	12.5	28.32	10.16	11.34	5.84	8.35	12.58	9.3	11.16	8.47
Price/Earnings Average	11.5	9.91	13.88	8.79	8.62	11.31	28.01	11.79	10.34	5.62	7.53	13.78	9.21	9.06	8.55
Price/Earnings High	14.94	13.15	17.73	12.4	11.66	13.79	33.38	13.42	11.97	6.78	8.73	15.89	11.27	11.74	10.04
Price/Earnings Low	8.68	8.03	12.1	7.75	6.86	10.11	25.14	9.2	9.35	3.64	6.23	11.49	7.38	7.93	7.13
Price/Book Value	0.92	0.96	1.03	1.32	1.21	1.34	1.42	1.16	1.11	0.9	1.11	1.11	0.9	1.07	0.99
Price/Book Value Average	0.87	1	1.05	0.99	1.13	1.21	1.4	1.34	1.02	0.87	1	1.22	0.89	0.87	1
Price/Book Value High	1.14	1.32	1.34	1.4	1.53	1.48	1.67	1.53	1.18	1.04	1.16	1.4	1.09	1.12	1.17
Price/Book Value Low	0.66	0.81	0.91	0.87	0.9	1.08	1.26	1.05	0.92	0.56	0.83	1.02	0.71	0.76	0.83
Price/Tangible Book Value	1.23	1.28	1.6	1.9	1.66	1.79	1.87	1.49	1.37	1.08	1.32	1.73	1.29	1.48	1.29
Price/Tangible Book Value Average	1.17	1.32	1.63	1.43	1.55	1.62	1.85	1.73	1.25	1.04	1.19	1.9	1.28	1.2	1.31
Price/Tangible Book Value High	1.51	1.75	2.08	2.01	2.1	1.98	2.2	1.97	1.45	1.26	1.38	2.19	1.56	1.56	1.53
Price/Tangible Book Value Low	0.88	1.07	1.42	1.26	1.23	1.45	1.66	1.35	1.13	0.67	0.99	1.58	1.03	1.05	1.09
Price/Sales	2.02	2	2.13	2.38	2.25	2.74	3.71	2.44	2.62	1.78	2.48	2.36	2.01	2.4	2.25
Price/Sales Average	1.91	2.06	2.17	1.78	2.11	2.48	3.67	2.83	2.39	1.72	2.24	2.59	1.99	1.95	2.27
Price/Sales High	2.49	2.74	2.78	2.51	2.85	3.02	4.38	3.23	2.76	2.07	2.6	2.99	2.44	2.52	2.67
Price/Sales Low	1.45	1.67	1.89	1.57	1.68	2.22	3.3	2.21	2.16	1.11	1.85	2.16	1.6	1.7	1.89
Price/Cash Flow	4.17	4.93	5.25	10.89	13.74	5.89	40.49	4.99	13.27	7.69	4.83	5.02	9.03	10.2	7.35
Price/Cash Flow Average	3.94	5.1	5.34	8.16	12.87	5.33	40.05	5.79	12.1	7.4	4.35	5.49	8.94	8.28	7.42
Price/Cash Flow High	5.12	6.76	6.82	11.51	17.41	6.5	47.72	6.59	14.01	8.93	5.05	6.33	10.94	10.72	8.71
Price/Cash Flow Low	2.98	4.13	4.66	7.19	10.24	4.76	35.95	4.52	10.95	4.79	3.6	4.58	7.17	7.24	6.18
Price/Free Cash Flow Average	3.84	4.83	5.15	7.1	11.29	5.26	27.64	5.47	10.89	7.23	4.19	5.32	8.29	7.12	7.28
Price/Free Cash Flow High	4.99	6.41	6.57	10.02	15.28	6.41	32.93	6.23	12.61	8.72	4.85	6.14	10.15	9.23	8.54
Price/Free Cash Flow Low	2.9	3.91	4.49	6.26	8.98	4.7	24.81	4.27	9.86	4.68	3.46	4.44	6.65	6.23	6.06
EV/Sales Average	5.13	3.54	3.52	3.39	3.45	3.81	4.78	3.37	2.63	0.64	- -	3.27	2.95	2.79	2.39
EV/Sales High	5.7	4.21	4.14	4.12	4.2	4.36	5.49	3.76	3	1	- -	3.66	3.4	3.36	2.78
EV/Sales Low	4.66	3.14	3.24	3.18	3.02	3.54	4.41	2.74	2.4	0.04	- -	2.84	2.56	2.54	2.01
EV/EBITDA Average	83.29	50.76	61.33	55.61	58.9	61.34	69.66	69.01	54.52	15.84	-12.25	66.55	53.62	67.43	75.69
EV/EBITDA High	92.61	60.44	72	67.62	71.7	70.21	79.95	77.11	62.35	24.57	-3.91	74.59	61.73	81.4	88.23
EV/EBITDA Low	75.67	45.14	56.39	52.13	51.5	57.03	64.16	56.21	49.8	0.92	-21.3	57.82	46.45	61.51	63.69
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	9.92	11.08	11.46	16.6	16.93	18.97	20.6	17.31	19.64	18.79	24.78	20.53	18.85	24.01	26.19
High Price	12.18	15.2	14.9	17.54	21.45	20.92	24.28	22.86	20.73	21.81	25.91	25.92	22.84	25.25	31.04
Enterprise Value Average	138	108	105	135	148	156	159	146	121	41	-32	172	167	168	169
Enterprise Value High	154	129	123	164	180	178	183	163	139	64	-10	192	192	203	197
Enterprise Value Low	126	96	96	126	130	145	147	119	111	2	-55	149	145	154	142

Shares Outstanding	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Diluted Weighted Avg Shares	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Basic Weighted Avg Shares	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Revenue per Share	4.9	5.55	5.37	6.98	7.51	6.92	5.55	7.08	7.5	10.53	9.98	8.68	9.36	10	11.64
EBITDA per Share	0.3	0.39	0.31	0.43	0.44	0.43	0.38	0.35	0.36	0.43	0.43	0.43	0.52	0.41	0.37
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.82	1.16	0.84	1.41	1.84	1.52	0.73	1.7	1.73	3.22	2.97	1.63	2.03	2.15	3.09
Basic EPS from Cont Ops	0.82	1.16	0.84	1.41	1.84	1.52	0.73	1.7	1.73	3.22	2.97	1.63	2.03	2.15	3.09
Diluted EPS, GAAP	0.82	1.15	0.83	1.39	1.79	1.49	0.71	1.7	1.73	3.21	2.96	1.63	2.02	2.15	3.07
Diluted EPS from Cont Ops	0.82	1.15	0.83	1.39	1.79	1.49	0.71	1.7	1.73	3.21	2.96	1.63	2.02	2.15	3.07
Dividend per Share	0.37	0.38	0.4	0.42	0.45	0.49	0.52	0.54	0.57	0.6	0.63	0.69	0.73	0.76	0.8
Cash Flow per Share	2.38	2.25	2.18	1.52	1.23	3.22	0.51	3.47	1.48	2.44	5.13	4.09	2.09	2.35	3.56
Free Cash Flow per Basic Share	2.31	2.1	2.07	1.27	1.02	3.12	0.27	3.26	1.31	2.38	4.91	3.95	1.92	1.97	3.46
Cash & Equivalents per Share	39.15	41.42	58.51	63.44	63.81	67.59	67.09	66.23	61.14	63.02	95.04	86.42	80.28	65.45	10.43
Book Value per Share	10.73	11.49	11.12	12.57	14.01	14.16	14.53	14.94	17.63	20.89	22.33	18.46	21.02	22.46	26.44
Tangible Book Value per Share	8.04	8.69	7.15	8.73	10.21	10.57	11.02	11.59	14.32	17.35	18.74	11.83	14.59	16.19	20.26

Landmark Bancorp, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)