
Overview
Landmark Q2 diluted EPS rises to $0.75 from $0.52 in Q2 2024
Net earnings for Q2 2025 total $4.4 mln, up from $3.0 mln in Q2 2024
Total gross loans increase by $42.9 mln, boosting net interest income 24.7% yr/yr
Result Drivers
LOAN GROWTH - Strong demand for commercial and residential mortgage loans drove a $42.9 mln increase in total gross loans, boosting net interest income
NET INTEREST MARGIN - Improved by 7 basis points to 3.83% due to higher interest income on loans and lower interest expense on deposits
CREDIT QUALITY - Credit quality remained stable with minimal net charge-offs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS |
| $0.75 |
|
Q2 Net Income |
| $4.40 mln |
|
Q2 Net Interest Income |
| $13.68 mln |
|
Q2 Dividend |
| $0.21 |
|
Q2 Net Interest Margin |
| 3.8% |
|
Q2 Pretax Profit |
| $5.35 mln |
|
Press Release: ID:nGNX44RjRf