Landmark Bancorp director Kohlrus buys $31,767 in stock By Investing.com

Mark J. Kohlrus, a director at LANDMARK BANCORP INC (), recently acquired common stock in the company through two separate transactions, totaling $31,767.
The purchases took place on August 6 and August 7, 2026. On August 6, Mr. Kohlrus bought 201 shares at $31.5 per share. The following day, he acquired an additional 799 shares at an average price of $31.8344. The shares were purchased indirectly through an IRA, with prices ranging from $31.5 to $31.8344. The stock currently trades at $32.19, near its 52-week high of $32.44, and has delivered a 25.6% return year-to-date.
Following these acquisitions, Mr. Kohlrus’s indirect beneficial ownership of LANDMARK BANCORP INC common stock through an IRA increased to 3,340 shares. All reported share amounts reflect adjustments for the company’s 5% stock dividend in December 2025. According to InvestingPro, the stock appears undervalued at current levels and trades at a P/E ratio of 9.8. The company has raised its dividend for 24 consecutive years. Investors seeking deeper analysis can access the comprehensive Pro Research Report, available for LARK and 1,400+ other US equities on InvestingPro.
In other recent news, Landmark Bancorp reported record second-quarter 2026 revenue of $19.2 million, marking a significant achievement for the Kansas-based bank. The earnings per share reached $0.88, and net income saw a 5.9% increase from the first quarter, totaling $5.4 million. Despite dealing with higher professional fees related to forensic accounting and legal work due to previously disclosed fraud issues, the bank’s profitability improved. Landmark Bancorp’s core deposits rose by $11 million, enhancing the quality of its deposit base, even as it reduced brokered funding. However, non-performing loans increased to 1.18% of gross loans, influenced by two borrower relationships moving to non-accrual status. Management expressed cautious optimism about loan growth and net interest margin for the latter half of 2026. The bank’s return on average assets rose to 1.35%, while return on average equity increased to 13.23%. Additionally, stockholders’ equity grew by $5.2 million during the quarter, reaching $166.9 million.
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