Demonstrações financeiras detalhadas de Landmark Bancorp, Inc. (LARK): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Landmark Bancorp, Inc. registou receitas de $96.0M no último exercício, com um CAGR de 5 anos de 7.6%. O lucro líquido atingiu $18.8M, com CAGR de 5 anos de -0.7%.
Margens dos últimos 12 meses: margem bruta 67.5%, margem operacional 15.2%, margem líquida 25.5%. O fluxo de caixa livre cresceu a CAGR de 7.8% em 5 anos.
Ao preço atual de $32.55, LARK negocia a um P/L de 9.83 e um ROE de 12.49%. A capitalização de mercado é de $198M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $44.1M | $36.9M | $48.7M | $52.9M | $66.6M | $62.1M | $56.9M | $77.9M | $88.6M | $96.0M |
| Custo da Receita | $3.7M | $4.0M | $6.8M | $8.2M | $6.1M | $2.0M | $4.3M | $21.7M | $30.5M | $27.7M |
| Lucro Bruto | $40.4M | $32.9M | $42.0M | $44.8M | $60.5M | $60.1M | $52.6M | $56.2M | $58.2M | $68.3M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $17.7M | $17.4M | $18.4M | $19.4M | $20.7M | $20.2M | $20.4M | $22.7M | $23.1M | $30.7M |
| Despesas Operacionais | $29.1M | $29.4M | $30.4M | $32.6M | $36.3M | $37.3M | $41.3M | $42.0M | $44.1M | $45.2M |
| Lucro Operacional | $11.3M | $3.5M | $11.6M | $12.1M | $24.3M | $22.8M | $11.3M | $14.2M | $14.1M | $23.1M |
| EBITDA | $13.8M | $5.8M | $13.7M | $14.3M | $26.9M | $25.4M | $13.9M | $17.3M | $16.6M | $25.3M |
| Despesas com Juros | $3.2M | $3.6M | $5.4M | $6.8M | $2.8M | $1.5M | $4.3M | $21.4M | $28.2M | $25.3M |
| Lucro Antes de Impostos | $11.3M | $3.5M | $11.6M | $12.1M | $24.3M | $22.8M | $11.3M | $14.2M | $14.1M | $23.1M |
| Imposto | $2.3M | -$897000 | $1.2M | $1.5M | $4.8M | $4.8M | $1.4M | $2.0M | $1.1M | $4.3M |
| Lucro Líquido | $9.0M | $4.4M | $10.4M | $10.7M | $19.5M | $18.0M | $9.9M | $12.2M | $13.0M | $18.8M |
| LPA | $1.59 | $0.76 | $1.79 | $1.82 | $3.37 | $3.12 | $1.71 | $2.12 | $2.26 | $3.09 |
| LPA Diluído | $1.56 | $0.75 | $1.78 | $1.81 | $3.37 | $3.11 | $1.71 | $2.12 | $2.26 | $3.07 |
| Ações em Circulação (Diluídas) | $5.7M | $5.8M | $5.9M | $5.9M | $5.8M | $5.8M | $5.8M | $5.8M | $5.8M | $6.1M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $24.8M | $24.7M | $24.0M | $5.2M |
| Lucro Bruto | $17.3M | $18.2M | $18.2M | -$561000 |
| Lucro Operacional | $6.1M | $5.9M | $6.3M | -$6.3M |
| EBITDA | $6.6M | $6.5M | $6.9M | -$6.9M |
| Lucro Líquido | $4.9M | $4.7M | $5.1M | $5.4M |
| LPA | $0.85 | $0.78 | $0.83 | $0.89 |
| LPA Diluído | $0.85 | $0.77 | $0.83 | $0.87 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $20.0M | $16.6M | $19.1M | $13.7M | $90.3M | $196.6M | $32.2M | $32.0M | $24.4M | $21.0M |
| Investimentos de Curto Prazo | $385.6M | $388.0M | $388.3M | $363.0M | $291.8M | $380.7M | $489.3M | $452.8M | $35.3M | $348.2M |
| Contas a Receber | $13.0M | $13.0M | $13.3M | $11.4M | $14.0M | $13.5M | $26.1M | $29.0M | 0 | 0 |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $418.6M | $417.6M | $420.8M | $388.1M | $396.1M | $590.8M | $547.6M | $513.8M | $59.7M | $369.1M |
| Imobilizado | $20.4M | $20.8M | $21.1M | $21.1M | $20.5M | $20.8M | $24.3M | $19.7M | $20.2M | $19.3M |
| Ágio | $17.5M | $17.5M | $17.5M | $17.5M | $17.5M | $17.5M | $32.2M | $32.4M | $32.4M | $32.4M |
| Ativos Intangíveis | $4.0M | $3.7M | $3.1M | $2.8M | $3.9M | $4.3M | $7.8M | $6.4M | $5.6M | $2.0M |
| Ativos Totais | $911.4M | $929.5M | $985.8M | $998.5M | $1.19B | $1.33B | $1.50B | $1.56B | $1.57B | $1.61B |
| Contas a Pagar | $12.0M | $9.7M | $13.3M | $12.6M | $17.3M | $15.8M | $22.5M | 0 | 0 | 0 |
| Dívida de Curto Prazo | 0 | $13.5M | $15.2M | $17.5M | $6.4M | $7.4M | 0 | $12.7M | $13.8M | $1.5M |
| Passivos Circulantes | $753.6M | $788.7M | $852.2M | $865.2M | $1.04B | $1.17B | $1.32B | $1.33B | $1.34B | $366.2M |
| Dívida de Longo Prazo | $72.9M | $53.1M | $41.7M | $24.7M | $21.7M | $29.1M | $68.3M | $86.3M | $74.7M | $32.2M |
| Passivos Totais | $826.4M | $841.8M | $893.9M | $889.9M | $1.06B | $1.19B | $1.39B | $1.43B | $1.44B | $1.45B |
| Reservas | $34.3M | $30.2M | $32.1M | $34.3M | $44.9M | $52.6M | $52.2M | $54.3M | $56.9M | $63.7M |
| Patrimônio Líquido | $85.0M | $87.6M | $91.9M | $108.6M | $126.7M | $135.6M | $111.4M | $126.9M | $136.2M | $160.6M |
| Dívida Total | $72.9M | $66.6M | $56.9M | $42.2M | $28.0M | $36.5M | $68.3M | $99.0M | $88.5M | $33.7M |
| Dívida Líquida | -$332.7M | -$338.0M | -$350.6M | -$334.5M | -$354.1M | -$540.9M | -$453.3M | -$385.8M | $28.9M | -$335.4M |
| Capital de Giro | -$335.0M | -$371.1M | -$431.5M | -$477.1M | -$643.6M | -$580.9M | -$775.5M | -$815.2M | -$1.28B | $2.9M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $27.2M | $21.0M | $31.9M | $26.3M |
| Ativos Totais | $1.62B | $1.61B | $1.61B | $1.61B |
| Passivos Totais | $1.46B | $1.45B | $1.44B | $1.44B |
| Patrimônio Líquido | $155.7M | $160.6M | $161.6M | $166.9M |
| Dívida Total | $113.6M | $33.7M | $91.0M | $106.7M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $9.0M | $4.4M | $10.4M | $10.7M | $19.5M | $18.0M | $9.9M | $12.2M | $13.0M | $18.8M |
| Depreciação e Amortização | $2.5M | $2.3M | $2.1M | $2.2M | $2.6M | $2.6M | $2.6M | $3.1M | $2.5M | $2.2M |
| Compensação em Ações | $59000 | $172000 | $223000 | $286000 | $304000 | $323000 | $295000 | $352000 | $520000 | $359000 |
| Variação Capital de Giro | -$3.7M | -$4.4M | $3.6M | -$1.6M | $1.2M | -$125000 | $10.1M | -$4.6M | $153000 | $2.0M |
| Fluxo de Caixa Operacional | $19.0M | $3.1M | $21.4M | $9.1M | $14.8M | $31.2M | $24.8M | $12.6M | $14.2M | $21.6M |
| CapEx | -$596000 | -$1.4M | -$1.3M | -$1.0M | -$359000 | -$1.3M | -$876000 | -$995000 | -$2.3M | -$605000 |
| Aquisições | 0 | 0 | 0 | 0 | 0 | 0 | -$572000 | 0 | 0 | 0 |
| Recompra de Ações | 0 | 0 | -$7000 | -$36000 | -$2.3M | 0 | -$1.2M | -$75000 | -$338000 | 0 |
| Dividendos Pagos | -$2.9M | -$3.1M | -$3.3M | -$3.5M | -$3.6M | -$3.8M | -$4.2M | -$4.4M | -$4.6M | -$4.9M |
| Fluxo de Caixa Livre | $18.4M | $1.6M | $20.1M | $8.1M | $14.5M | $29.8M | $23.9M | $11.6M | $11.9M | $21.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $10.3M | $2.9M | $6.8M | $3.4M |
| CapEx | $134000 | -$220000 | -$119000 | $119000 |
| Fluxo de Caixa Livre | $10.4M | $2.6M | $6.7M | $3.5M |
| Dividendos Pagos | -$1.2M | -$1.2M | -$1.3M | -$1.3M |
| Compensação em Ações | $64000 | $80000 | $78000 | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | -16.3% | +32.0% | +8.6% | +25.9% | -6.8% | -8.3% | +36.9% | +13.8% | +8.3% |
| Crescimento Lucro Líquido (anual) | | -51.2% | +138.6% | +2.3% | +82.8% | -7.6% | -45.2% | +23.9% | +6.3% | +44.4% |
| Crescimento LPA (anual) | | -52.2% | +135.5% | +1.7% | +85.2% | -7.4% | -45.2% | +24.0% | +6.6% | +36.7% |
| Variação de Ações (anual) | | +1.7% | +0.5% | +0.5% | -1.7% | +0.3% | -0.2% | -0.5% | +0.2% | +6.2% |
| Crescimento FCF (anual) | | -91.3% | +1149.2% | -59.8% | +79.1% | +106.5% | -19.9% | -51.4% | +2.6% | +76.5% |
| Margem Bruta | 91.6% | 89.1% | 86.1% | 84.6% | 90.9% | 96.8% | 92.4% | 72.1% | 65.6% | 71.2% |
| Margem Operacional | 25.6% | 9.4% | 23.8% | 22.9% | 36.5% | 36.8% | 19.9% | 18.2% | 15.9% | 24.0% |
| Margem EBITDA | 31.3% | 15.6% | 28.1% | 27.1% | 40.3% | 40.9% | 24.4% | 22.2% | 18.7% | 26.3% |
| Margem Líquida | 20.3% | 11.8% | 21.4% | 20.1% | 29.3% | 29.0% | 17.4% | 15.7% | 14.7% | 19.6% |
| Margem FCF | 41.8% | 4.4% | 41.2% | 15.2% | 21.7% | 48.1% | 42.0% | 14.9% | 13.4% | 21.9% |
| Taxa Efetiva de Imposto | 20.5% | -25.8% | 10.1% | 12.0% | 19.7% | 21.1% | 12.7% | 13.8% | 7.7% | 18.6% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $3.22 | $0.28 | $3.43 | $1.37 | $2.50 | $5.15 | $4.13 | $2.02 | $2.07 | $3.44 |
| Dividendo por Ação | $0.51 | $0.53 | $0.57 | $0.60 | $0.63 | $0.66 | $0.73 | $0.76 | $0.80 | $0.79 |
| Ações em Circulação (Básicas) | $5.6M | $5.7M | $5.8M | $5.9M | $5.8M | $5.8M | $5.8M | $5.8M | $5.8M | $6.1M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 12.49% |
| Retorno sobre capital investido | 2.30% |
| Retorno sobre ativos | 1.25% |
| Margem bruta | 67.47% |
| Margem operacional | 15.22% |
| Margem líquida | 25.55% |
Saúde financeira
| Dívida / Patrimônio | 0.64 |
| Liquidez corrente | 229.57 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 11.93 | 27.11 | 9.67 | 10.79 | 5.58 | 7.94 | 12.01 | 8.89 | 10.62 | 8.48 |
| P/VP | 1.26 | 1.34 | 1.10 | 1.06 | 0.86 | 1.06 | 1.06 | 0.85 | 1.01 | 0.99 |
| P/V | 2.42 | 3.19 | 2.07 | 2.18 | 1.63 | 2.31 | 2.08 | 1.39 | 1.56 | 1.66 |
| Margem Bruta | 91.6% | 89.1% | 86.1% | 84.6% | 90.9% | 96.8% | 92.4% | 72.1% | 65.6% | 71.2% |
| Margem Operacional | 25.6% | 9.4% | 23.8% | 22.9% | 36.5% | 36.8% | 19.9% | 18.2% | 15.9% | 24.0% |
| Margem Líquida | 20.3% | 11.8% | 21.4% | 20.1% | 29.3% | 29.0% | 17.4% | 15.7% | 14.7% | 19.6% |