Landmark Bancorp Inc. (LARK) vs MainStreet Bank (MNSB)

Landmark Bancorp Inc. and MainStreet Bank are both Banks Regional companies. Landmark Bancorp Inc. is the larger, with a market value of $192.5M against $172.8M — 1.1× the size. Landmark Bancorp Inc. trades at the lower P/E: 9.5× against 11.8×. Landmark Bancorp Inc. grew revenue faster over the last twelve months: 6.39% against −6.22%. Landmark Bancorp Inc. has the higher net margin (20.6% vs 11.6%) and the lower return on invested capital (6.52% vs 8.06%). Both pay a dividend; Landmark Bancorp Inc. yields more (2.63% vs 1.66%). Across the 19 metrics below, Landmark Bancorp Inc. leads on 10 and MainStreet Bank on 9.

Valuation

Metric LARK MNSB Banks Regional median
P/E 9.55 11.84 11.98
P/S 1.96 1.32 2.34
P/B 1.15 0.93 1.19
Price to free cash flow 8.20 7.43 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.47% 8.45% 8.23%
Free cash flow yield 12.20% 13.46% 9.08%

Profitability

Metric LARK MNSB Banks Regional median
Gross margin 76.42% 55.96% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 20.56% 11.59% 18.66%
Free cash flow margin 23.94% 17.81% 21.11%
Return on equity 12.77% 8.13% 10.65%
Return on assets 1.25% 0.70% 1.13%
Return on invested capital 6.52% 8.06% 8.35%

Growth

Metric LARK MNSB Banks Regional median
Revenue growth (TTM) 6.39% (6.22%) 6.98%
EPS growth (last fiscal year) 42.63% 210.00% 18.88%
Revenue growth, 5-year CAGR 7.58% 14.30% 12.38%
Net income growth, 5-year CAGR (0.75%) (2.25%) 9.71%

Health

Metric LARK MNSB Banks Regional median
Debt to equity 0.63 0.33 0.22
Current ratio 0.87 1.06 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric LARK MNSB Banks Regional median
Dividend yield 2.63% 1.66% 2.57%
Payout ratio 0.25 0.20 0.30

Size

Metric LARK MNSB Banks Regional median
Market cap 192.47m 172.83m 913.33m

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