TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. 

This week, I'm looking for the third financial services sector representative of seven for my Ivy portfolio.

Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

Today I'm reviewing a nano-cap banks - regional - US named Landmark Bancorp Inc. Its trading ticker symbol is LARK.

Landmark Bancorp Inc is the bank holding company for Landmark National, which is dedicated to providing quality financial and banking services. The bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four family residential real estate, construction and land, commercial real estate, and consumer loans.

Its primary deposit gathering and lending markets are geographically diversified with locations in central, eastern, southeast, and southwest Kansas.

I use three key data points to gauge the value of any dividend equity-like Landmark Bancorp Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

LARK Price

Landmark's price per share closed at $22.96 yesterday. A year ago its price was $28.76. Price fell  5.80 per share last year, or over 20%.

Assuming Landmark's stock trades in the range of $20 to $28 next year, Eagle's's recent $22.96 price could rise by  $1.04 and go to $24.00 by mid-February, 2020.

LARK Dividends

Landmark's most recent Quarterly dividend was $0.20 payable March 6th.

That quarterly dividend equates to a  $0.80 annual payout and a yield of 3.48% at yesterday's $22.96 closing price.

Gains For LARK?

Adding the $0.80 annual estimated dividend to my $1.04 Landmark estimated price upside shows a $1.84 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we put a little over $1,000.00 today at the $22.96 recent stock price would buy us 44 Landmark Bancorp Inc shares.

A $10 broker fee paid half at purchase and half at sale costs $0.23 per share.

Subtract that $0.23 brokerage cost from the estimated $1.84 gross annual gain leaves a net gain of $1.61 X 44 shares

= $70.84  or a 7% net gain on a $1,010.24 investment.

Therefore, Landmark Bancorp Inc whose trading ticker symbol is LARK now shows a possible net gain of 7% including a 3.48% dividend yield.

No brokers cover this stock:

So no argument from the brokerage community.

Therefore, you can look at Landmark Bancorp Inc and see it has made money, is making money, and could throw a net gain of 7% including that 3.48% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Landmark Bancorp Inc is worth your time and money