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Side-by-side financial comparison of LANDMARK BANCORP INC (LARK) and TANDY LEATHER FACTORY INC (TLF). Click either name above to swap in a different company.

TANDY LEATHER FACTORY INC is the larger business by last-quarter revenue ($22.3M vs $18.8M, roughly 1.2× LANDMARK BANCORP INC). LANDMARK BANCORP INC runs the higher net margin — 27.0% vs -4.2%, a 31.1% gap on every dollar of revenue. On growth, LANDMARK BANCORP INC posted the faster year-over-year revenue change (14.0% vs 8.7%). Over the past eight quarters, LANDMARK BANCORP INC's revenue compounded faster (13.1% CAGR vs 7.4%).

Landmark Bancorp Inc is a U.S.-based bank holding company operating Landmark National Bank, primarily serving communities across Kansas. It provides a full range of personal and commercial banking services including deposit accounts, residential mortgages, commercial loans, and wealth management solutions, catering to individual consumers, small businesses and local mid-sized enterprises.

Tandy Leather Factory, Inc. is an American specialty retailer and wholesale distributor of leather and leatherwork related products. It operates more than 100 stores worldwide. Originally part of the Tandy Corporation, Tandy Leather has gone through a series of acquisitions and mergers, eventually being sold to The Leather Factory in 2000. The Tandy Leather flagship store next to their corporate headquarters in Fort Worth, Texas also houses the Al and Ann Stohlman Leathercraft Museum.

LARK vs TLF — Head-to-Head

Bigger by revenue
TLF
TLF
1.2× larger
TLF
$22.3M
$18.8M
LARK
Growing faster (revenue YoY)
LARK
LARK
+5.4% gap
LARK
14.0%
8.7%
TLF
Higher net margin
LARK
LARK
31.1% more per $
LARK
27.0%
-4.2%
TLF
Faster 2-yr revenue CAGR
LARK
LARK
Annualised
LARK
13.1%
7.4%
TLF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LARK
LARK
TLF
TLF
Revenue
$18.8M
$22.3M
Net Profit
$5.1M
$-930.0K
Gross Margin
54.3%
Operating Margin
-2.8%
Net Margin
27.0%
-4.2%
Revenue YoY
14.0%
8.7%
Net Profit YoY
7.8%
-379.3%
EPS (diluted)
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LARK
LARK
TLF
TLF
Q1 26
$18.8M
Q4 25
$18.7M
$22.3M
Q3 25
$18.2M
$17.3M
Q2 25
$17.3M
$17.8M
Q1 25
$16.5M
$19.0M
Q4 24
$15.8M
$20.5M
Q3 24
$15.9M
$17.4M
Q2 24
$14.7M
$17.3M
Net Profit
LARK
LARK
TLF
TLF
Q1 26
$5.1M
Q4 25
$4.7M
$-930.0K
Q3 25
$4.9M
$-1.4M
Q2 25
$4.4M
$-199.0K
Q1 25
$4.7M
$11.6M
Q4 24
$3.3M
$333.0K
Q3 24
$3.9M
$-132.0K
Q2 24
$3.0M
$101.0K
Gross Margin
LARK
LARK
TLF
TLF
Q1 26
Q4 25
54.3%
Q3 25
58.9%
Q2 25
59.5%
Q1 25
56.3%
Q4 24
53.0%
Q3 24
57.8%
Q2 24
58.0%
Operating Margin
LARK
LARK
TLF
TLF
Q1 26
Q4 25
31.7%
-2.8%
Q3 25
33.4%
-3.9%
Q2 25
30.9%
0.4%
Q1 25
34.7%
1.4%
Q4 24
15.2%
0.9%
Q3 24
30.3%
-1.5%
Q2 24
24.5%
0.4%
Net Margin
LARK
LARK
TLF
TLF
Q1 26
27.0%
Q4 25
32.1%
-4.2%
Q3 25
27.1%
-7.8%
Q2 25
25.4%
-1.1%
Q1 25
28.5%
60.8%
Q4 24
26.5%
1.6%
Q3 24
24.8%
-0.8%
Q2 24
20.5%
0.6%
EPS (diluted)
LARK
LARK
TLF
TLF
Q1 26
Q4 25
$0.66
$-0.18
Q3 25
$0.85
$-0.17
Q2 25
$0.75
$-0.02
Q1 25
$0.81
$1.47
Q4 24
$0.47
$0.04
Q3 24
$0.68
$-0.02
Q2 24
$0.52
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LARK
LARK
TLF
TLF
Cash + ST InvestmentsLiquidity on hand
$31.9M
$16.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$52.6M
Total Assets
$1.6B
$86.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LARK
LARK
TLF
TLF
Q1 26
$31.9M
Q4 25
$16.1M
Q3 25
$12.0M
Q2 25
$16.4M
Q1 25
$23.6M
Q4 24
$13.3M
Q3 24
$10.1M
Q2 24
$11.5M
Stockholders' Equity
LARK
LARK
TLF
TLF
Q1 26
Q4 25
$160.6M
$52.6M
Q3 25
$155.7M
$53.4M
Q2 25
$148.4M
$56.1M
Q1 25
$142.7M
$55.8M
Q4 24
$136.2M
$57.2M
Q3 24
$139.7M
$57.6M
Q2 24
$128.3M
$57.5M
Total Assets
LARK
LARK
TLF
TLF
Q1 26
$1.6B
Q4 25
$1.6B
$86.6M
Q3 25
$1.6B
$84.5M
Q2 25
$1.6B
$76.5M
Q1 25
$1.6B
$77.9M
Q4 24
$1.6B
$74.9M
Q3 24
$1.6B
$73.0M
Q2 24
$1.6B
$72.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LARK
LARK
TLF
TLF
Operating Cash FlowLast quarter
$5.0M
Free Cash FlowOCF − Capex
$4.0M
FCF MarginFCF / Revenue
18.1%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LARK
LARK
TLF
TLF
Q1 26
Q4 25
$21.6M
$5.0M
Q3 25
$10.3M
$-1.0M
Q2 25
$439.0K
$-4.0M
Q1 25
$8.0M
$-536.0K
Q4 24
$14.2M
$4.5M
Q3 24
$8.1M
$-535.0K
Q2 24
$4.4M
$-514.0K
Free Cash Flow
LARK
LARK
TLF
TLF
Q1 26
Q4 25
$21.0M
$4.0M
Q3 25
$10.1M
$-3.0M
Q2 25
$354.0K
$-7.3M
Q1 25
$8.0M
$-1.9M
Q4 24
$11.9M
$3.8M
Q3 24
$7.8M
$-1.4M
Q2 24
$3.8M
$-715.0K
FCF Margin
LARK
LARK
TLF
TLF
Q1 26
Q4 25
112.5%
18.1%
Q3 25
55.4%
-17.2%
Q2 25
2.0%
-41.0%
Q1 25
48.4%
-9.8%
Q4 24
75.6%
18.8%
Q3 24
49.3%
-8.2%
Q2 24
25.6%
-4.1%
Capex Intensity
LARK
LARK
TLF
TLF
Q1 26
Q4 25
3.2%
4.3%
Q3 25
1.4%
11.2%
Q2 25
0.5%
18.7%
Q1 25
0.3%
7.0%
Q4 24
14.7%
3.3%
Q3 24
1.8%
5.1%
Q2 24
4.2%
1.2%
Cash Conversion
LARK
LARK
TLF
TLF
Q1 26
Q4 25
4.56×
Q3 25
2.09×
Q2 25
0.10×
Q1 25
1.71×
-0.05×
Q4 24
4.34×
13.55×
Q3 24
2.06×
Q2 24
1.45×
-5.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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