LANDMARK BANCORP INC — Form 10-Q
Filed August 12, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 42/100
What the filing says
Landmark Bancorp amended its Certificate of Incorporation effective May 27, 2026, increasing authorized Common Stock from an unstated prior level to 10,000,000 shares ($0.01 par) and authorized Preferred Stock to 200,000 shares ($0.01 par). The filing does not disclose the prior authorization levels, actual issued shares, or stated rationale. This provides the board capacity to issue new equity without further shareholder approval.
Why this rating
Standard capital structure amendment enabling future flexibility. Modest for $109.6M company if used for dilutive financing or M&A, but routine absent issuance announcement.
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