LCNB Corporation LCNB

18.83 0.42 2.28% as of 25 Sep
Market cap
$262.4M
P/E
10.9×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.04
Total sells 0.10
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 1 — — — — — 2 — — 2 —
Sell — 1 — — 1 — — — — — — —
Insider Ownership 5.78%

Capital & Financial Ratios

Market Cap 262.43
Revenue 124.61
Net Income 24.53
Free Cash Flow 36.33
Net Debt 75.53
Current Ratio 0.94
Debt/Equity 0.37
P/E ratio 10.88
P/S ratio 2.14
P/B ratio 0.95
Past 5Y EPS Growth (7.56%)
This Y EPS Growth 10.12%
Next Y EPS Growth 3.06%
Next 5Y EPS Growth 11.49%
in millions of $

Dividends

Payout Ratio 0.45
Annual Dividend Rate 0.84
Annual Dividend Yield 6.35%
total individual payouts
2027 Powerpack
2026 0.88
0.22
0.22
0.22
2025 0.88
0.22
0.22
0.22
0.22
2024 0.88
0.22
0.22
0.22
0.22
2023 0.85
0.21
0.21
0.21
0.22
2022 0.81
0.20
0.20
0.20
0.21
2021 0.77
0.19
0.19
0.19
0.20
2020 0.73
0.18
0.18
0.18
0.19
2019 0.69
0.17
0.17
0.17
0.18
2018 0.65
0.16
0.16
0.16
0.17
2017 0.80
0.16
0.16
0.16
0.16
0.16
2016 0.64
0.16
0.16
0.16
0.16
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 40 36 24 28
Receivables — — — —
Inventory — — — —
Other — — — —
1,761 1,760 1,726 1,726
2023 2024 2025 Q'26
Payables 1,824 1,878 1,840 1,819
ST’ Debt — — — —
Other — — — —
1,937 1,893 1,856 1,833
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 8.96% 9.38% 15.87%
Cash Flow 10.02% 20.25% 6.21%
Earnings 7.26% 2.91% 1.65%
Book Value 6.93% 2.61% 10.93%

Revenue

Mar Jun Sep Dec Year
’26 30 32 — — —
’25 31 31 32 31 125
’24 29 31 33 33 125
’23 21 22 23 28 95
’22 19 20 20 21 80
’21 19 20 19 20 77
’20 20 19 20 20 80
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 3 9 — — —
’25 2 5 14 13 34
’24 (12) 55 12 38 93
’23 2 5 5 11 23
’22 5 7 7 10 29
’21 4 4 7 3 18
’20 1 4 4 4 14
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 3 7 — — —
’25 2 5 14 12 33
’24 (13) 54 11 38 90
’23 2 5 5 10 21
’22 5 8 8 10 30
’21 4 3 7 2 16
’20 1 3 4 4 12
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.31 0.53 — — —
’25 0.33 0.41 0.49 0.40 1.63
’24 0.15 0.07 0.31 0.44 0.97
’23 0.37 0.42 0.37 (0.02) 1.10
’22 0.38 0.49 0.49 0.57 1.93
’21 0.41 0.41 0.39 0.45 1.66
’20 0.39 0.39 0.33 0.44 1.55
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
15.51 18.05 14.56 15.05 10.03 14.07 14.73 12.78 12.42 13.34

Analyst estimates 2026–2028

Powerpack
Low Price
25.00 24.35 21.60 19.94 19.43 20.69 20.36 19.10 17.92 17.84
High Price
282 310 325 332 331 307 309 380 393 363
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
55 55 66 78 80 77 80 95 125 125
Revenue
93.58% 93.45% 90.21% 86.09% 90.49% 94.76% 94.11% 75.53% 64.74% 73.88%
Gross Margin
17 17 18 23 24 26 27 15 16 28
EBT
31.00% 31.40% 27.11% 29.69% 30.38% 33.05% 33.67% 16.06% 12.73% 22.61%
EBT Margin
12 13 15 19 20 21 22 13 13 23
Net Income
3 3 4 3 2 3 3 3 1 1
Depreciation
5.49 5.49 5.50 5.93 6.16 6.15 7.01 8.32 9.11 8.84
Revenue/Sh
1.26 1.30 1.24 1.44 1.55 1.66 1.93 1.10 0.97 1.63
Earnings/Sh
1.56 1.81 1.65 1.68 1.06 1.42 2.52 2.05 6.77 2.44
Cash Flow/Sh
(0.91) (0.54) 0.01 (0.30) (0.17) (0.15) 0.14 (0.17) (0.21) (0.07)
Capex/Sh
0.65 1.28 1.66 1.38 0.89 1.26 2.66 1.88 6.56 2.37
Free CF/Sh
14.37 15.02 18.35 17.44 18.65 18.95 17.59 20.61 18.38 19.45
Book Value/Sh
10 10 12 13 13 13 11 11 14 14
Shares
17.86 15.65 12.35 13.40 9.48 11.77 9.43 14.08 15.60 10.06
PE Ratio
4.10 3.71 2.75 3.26 2.39 3.18 2.59 1.93 1.66 1.85
PS Ratio
1.57 1.36 0.83 1.11 0.79 1.03 1.03 0.78 0.82 0.84
PB Ratio
3.76 3.25 3.15 3.52 2.26 3.07 2.55 2.70 2.61 2.50
EV/Sales
31.91 13.99 10.44 15.10 15.63 14.96 6.73 11.99 3.63 9.30
EV/FCF
15 18 20 22 14 18 29 23 93 34
Op' Cash Flow
(9) (5) 0 (4) (2) (2) 2 (2) (3) (1)
Capex
6 13 20 18 12 16 30 21 90 33
FCF
(328) (274) (155) (101) (143) (258) (267) (176) (133) (130)
Working Cap'
1 0 47 41 22 10 19 113 155 104
Total Debt
(18) (25) 26 20 (10) (8) (4) 73 119 80
Net Debt
143 150 219 228 241 239 201 235 253 274
Sh' Equity
0.96% 1.00% 1.01% 1.15% 1.18% 1.15% 1.15% 0.60% 0.59% 1.02%
ROA
8.48% 8.67% 5.08% 5.82% 6.53% 6.94% 8.55% 4.03% 3.26% 4.99%
ROIC
8.82% 8.85% 8.04% 8.45% 8.54% 8.72% 10.02% 5.79% 5.53% 8.77%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

LCNB Corporation (LCNB) key facts

  • LCNB Corporation (LCNB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • LCNB Corporation’s revenue for fiscal 2025 (year ended December 2025) was $124.5 million, down 0.72% from fiscal 2024.
  • Net income was $23.1 million, or $1.63 per share (basic), a net margin of 18.6%.
  • As of September 25, 2026, LCNB traded at $18.83, a market capitalization of $262.4 million.
  • At that price the stock trades at 10.9× trailing-twelve-month earnings and 2.1× sales.
  • LCNB Corporation pays an annual dividend of $0.84 per share, a yield of 6.35%, with a payout ratio of 44.9%.
  • Return on equity was 8.77% and debt-to-equity 0.37.

Source: company filings (standardised) and stockrow calculations.

LCNB Corporation (LCNB) Latest News

News by impact score

Fine-tune

27 Apr

3

LCNB Corporation's virtual annual meeting elected directors, passed say-on-pay vote, and featured CEO detailing post-deal plans. Routine director elections and say-on-pay approval carry negligible impact, but CEO's post-deal plans provide moderate strategic direction.

22 Apr

4

LCNB Corp. reported financial results for the three months ended March 31, 2026. Quarterly financial results directly impact LCNB's stock price, investor sentiment, and future performance assessments.

4

LCNB Corp. reported a 120% year-over-year increase in Q1 2025 GAAP net earnings per share to $0.33, driven by recent acquisitions, balance sheet optimization, and strong operating performance. The net interest margin rose to 3.25%, the highest in seven quarters, while LCNB Wealth Management assets reached a record $1.40 billion, boosting fiduciary income by 9.7%. Asset quality remained strong with non-performing assets at 0.21% of total assets. The Eagle Financial Bancorp acquisition showed a positive tangible book value earn back a year earlier than expected, and the Cincinnati Federal acquisition is on track for early 2026. Total assets increased to $2.30 billion, with net loans rising by 3.6% to $1.71 billion. Shareholders' equity grew to $258.7 million, and total assets managed reached $4.16 billion. LCNB remains focused on strengthening its balance sheet and optimizing profitability amid uncertain economic conditions. The significant increase in earnings, successful acquisitions, and strong asset management position LCNB for notable future growth and market performance impact.

3

LCNB Corporation reported Q1 earnings below analyst estimates. Q1 earnings miss affects financial performance and investor sentiment moderately but remains limited to one quarter.

29 Jan

4

LCNB Corporation reported its Q4 earnings, highlighting key financial metrics and performance indicators. The results showed a notable increase in revenue compared to the previous quarter, driven by growth in core banking operations. Additionally, the company provided insights into its strategic initiatives and outlook for the upcoming year, indicating a focus on expanding its market presence and enhancing customer services. Overall, the earnings report reflects a positive trajectory for LCNB, with management expressing confidence in future growth prospects. The earnings report indicates significant growth and strategic initiatives that could alter the company's trajectory.

3

LCNB Corporation reported its financial results for the three and twelve months ending December 31, 2025, highlighting key metrics such as revenue growth, net income, and earnings per share. The company demonstrated resilience in its operations, with notable performance in its core banking services. Management provided insights into strategic initiatives aimed at enhancing customer experience and expanding market presence. Overall, the results reflect a positive trajectory for LCNB amidst a competitive landscape. Financial results indicate moderate growth and operational stability, which may influence investor sentiment and market positioning.

22 Jan

3

LCNB Corporation's stock has risen by 5.2%, prompting speculation about the sustainability of this upward trend. Analysts are evaluating the factors contributing to this increase and whether it reflects a lasting strength in the company's performance or a temporary spike influenced by market conditions. The stock movement indicates moderate influence on market sentiment but lacks substantial developments that would significantly alter the company's trajectory.

20 Nov

3

LCNB Corporation has declared a fourth-quarter dividend for 2025, reflecting its commitment to returning value to shareholders. The dividend amount and payment date have been specified, indicating the company's ongoing financial health and stability. The dividend announcement signals financial stability but does not indicate major strategic changes.

31 Oct

4

LCNB Corporation has been upgraded to a 'Buy' rating by analysts, reflecting positive sentiment about its future performance. The upgrade is based on strong financial metrics and growth potential, indicating that the company is well-positioned in its market. Investors are encouraged to consider this upgrade as a signal of confidence in LCNB's strategic direction and operational strength. The upgrade to a 'Buy' rating suggests significant positive sentiment and potential for improved market performance.

3

LCNB Corporation is currently perceived as undervalued by investors, with analysts suggesting that the stock may be trading below its intrinsic value. Factors contributing to this assessment include the company's solid financial performance, growth potential, and favorable market conditions. Investors are encouraged to consider LCNB's fundamentals and market position when evaluating its stock. The assessment of undervaluation indicates a moderately noticeable influence on investor sentiment and potential financial performance.

24 Oct

3

LCNB Corporation reported a significant increase in margins, reinforcing a bullish outlook despite a cautious revenue forecast. The company's financial performance indicates resilience, although market sentiment remains tempered due to broader economic uncertainties. Investors are encouraged by the margin improvement, which may signal effective cost management and operational efficiency. Margin improvements suggest potential for enhanced financial performance, but cautious revenue outlook limits overall impact.

22 Oct

4

LCNB Corporation reported third-quarter earnings and revenue that exceeded analysts' expectations, showcasing strong financial performance. The results reflect the company's effective strategies and operational efficiency, contributing to positive market sentiment. Investors reacted favorably to the news, indicating confidence in LCNB's growth trajectory. Strong earnings and revenue growth can significantly enhance investor confidence and influence future market performance.

4

LCNB Corporation reported its Q3 earnings, showcasing a notable performance with increased revenues and net income compared to the previous year. The results reflect strong operational efficiency and strategic growth initiatives. Management expressed optimism about future prospects, citing ongoing investments and market expansion efforts. Overall, the earnings report indicates a positive trajectory for the company amidst a competitive landscape. The earnings report highlights significant growth and strategic initiatives that could alter the company's future performance.

3

LCNB Corporation reported its financial results for the three and nine months ended September 30, 2025, highlighting key metrics such as revenue growth and net income. The company experienced an increase in total assets and deposits, reflecting strong operational performance. Management expressed optimism about future growth prospects and strategic initiatives aimed at enhancing shareholder value. The financial results indicate moderate growth and operational stability, which may influence investor sentiment and future performance.

15 Oct

3

LCNB Corporation has announced a change to its Board of Directors, with the appointment of a new member. This decision is part of the company's ongoing efforts to enhance governance and strategic direction. The new board member brings extensive experience in finance and management, which is expected to contribute positively to the company's future initiatives. The board change may influence governance and strategic direction, but its overall effect on the company's trajectory is expected to be limited.

8 Oct

4

LCNB Corporation has announced the strengthening of its leadership team to support its growth initiatives. The company aims to enhance its operational efficiency and strategic direction through these leadership changes, which are expected to drive future success and improve overall performance. Strengthening the leadership team is a significant strategic move that could enhance operational efficiency and drive growth.

23 Sep

4

LCNB Corporation (LCNB) has received a rating upgrade to 'Buy' from analysts, reflecting positive sentiment regarding its financial performance and growth potential. The upgrade is expected to enhance investor confidence and may lead to increased market interest in the company's stock. Analysts cite strong fundamentals and a favorable economic environment as key factors contributing to this upgrade. The rating upgrade indicates significant positive sentiment that could influence investor behavior and market performance.

9 Sep

3

LCNB Corporation is being evaluated for its potential as a value investment. Analysts are considering its financial metrics, market position, and recent performance trends to determine if it presents a viable opportunity for value investors. The company's fundamentals and market conditions are analyzed to assess whether it aligns with value investing strategies. Current financial metrics and market conditions suggest a moderate influence on LCNB's performance and investor sentiment.

25 Aug

3

LCNB Corporation (NASDAQ: LCNB) has announced a dividend payout of $0.22 per share. This dividend will be distributed to shareholders on a specified date, reflecting the company's ongoing commitment to returning value to its investors. The announcement highlights LCNB's financial stability and ability to generate consistent returns. The dividend payout indicates financial health but is a routine action that does not significantly alter the company's trajectory.

20 Aug

4

LCNB Corporation has been upgraded to a 'Buy' rating by analysts, indicating a positive outlook for the stock. This upgrade suggests that the company's financial health and market position are expected to improve, potentially attracting more investors. The upgrade reflects confidence in LCNB's future performance and may lead to increased trading activity in its shares. The upgrade to a 'Buy' rating signals significant positive sentiment and potential for improved market performance.

3

LCNB Corporation is currently perceived as undervalued by investors, with analysts suggesting that the stock may be trading below its intrinsic value. Factors contributing to this assessment include the company's solid financial performance, growth potential, and favorable market conditions. Investors are encouraged to consider LCNB's fundamentals and market position as indicators of future performance. The company's solid financial performance and growth potential may moderately influence its market position and investor sentiment.

4 Aug

3

LCNB Corporation is currently being evaluated for potential undervaluation in the stock market. Analysts are examining various financial metrics and market conditions to determine if the stock presents a buying opportunity. Factors such as recent performance, market trends, and economic indicators are being considered in this assessment. Investors are advised to weigh these elements carefully before making decisions. Current evaluations suggest a moderate influence on LCNB's financial performance and market sentiment.

29 Jul

4

LCNB Corporation is positioned for potential growth due to strategic initiatives and market conditions that may enhance its competitive edge. The company is focusing on expanding its services and improving operational efficiencies, which could lead to increased profitability. Analysts suggest that these developments, combined with favorable economic indicators, may result in a surge in LCNB's stock performance in the near future. Strategic initiatives and favorable market conditions are likely to significantly impact LCNB's future performance and investor sentiment.

24 Jul

4

LCNB Corporation reported its second quarter 2025 earnings, surpassing analysts' expectations. The company demonstrated strong financial performance, driven by increased revenue and effective cost management strategies. This positive outcome reflects LCNB's robust operational capabilities and market positioning, contributing to investor confidence and potential future growth. Surpassing earnings expectations indicates significant operational strength and could positively influence investor sentiment and market performance.

22 Jul

4 earnings

LCNB Corp. reported a strong financial performance for Q2 2025, with net earnings per share increasing by 24.2% to $0.41 and a net interest margin of 3.47%. The company saw a significant rise in net income to $5.9 million from $0.9 million the previous year, driven by improved asset quality, reduced non-interest expenses, and successful loan originations. Non-interest income rose by 28.6%, while non-interest expenses decreased due to lower merger-related costs. Total assets decreased slightly to $2.31 billion, with a 1.2% drop in total deposits. LCNB's strategic acquisitions and cross-selling efforts in wealth and trust services contributed to its growth, positioning the company for long-term success despite a fluid economic environment. The significant improvement in financial metrics and successful strategic initiatives suggest a positive impact on LCNB's future performance.

3

LCNB Corporation reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.37 and up from $0.29 a year ago, marking a +10.81% earnings surprise. However, revenues of $22.79 million fell short of expectations by 0.49%, compared to $19.3 million a year prior. The company has surpassed EPS estimates three times in the last four quarters but has underperformed the market this year, with shares up 2.6% versus the S&P 500's 7.2% gain. The current consensus EPS estimate for the next quarter is $0.39, with $23.6 million in revenues expected. LCNB holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market. The Banks - Northeast industry ranks in the top 30% of Zacks industries, which may influence LCNB's future performance. Earnings performance and revenue miss indicate moderate influence on LCNB's financial outlook.

3 Jul

3

LCNB Corporation (NASDAQ: LCNB) is primarily owned by retail investors, holding 60% of the shares, while institutional investors own 34%. The top 25 shareholders control less than half of the company's shares, indicating a widely dispersed ownership structure. Insiders own approximately $13 million worth of stock in the $211 million company, suggesting some alignment with shareholder interests. Institutional ownership is notable, with BlackRock, Inc. being the largest shareholder at 5.4%. The general public's significant stake allows them to influence key decisions, such as board composition and executive compensation. The ownership structure and insider alignment may moderately influence LCNB's financial performance and governance.

23 May

3

LCNB Corp. (NASDAQ:LCNB) will pay a dividend of $0.22 per share on June 16, representing a 6.1% annual yield, above the industry average. With a payout ratio of 77%, earnings are expected to cover dividends, and a 22.3% rise in earnings per share is forecasted for the next year, potentially lowering the payout ratio to 66%. Despite a stable dividend history, earnings per share have declined by 5.2% annually over the last five years, raising concerns about the sustainability of future dividends. Caution is advised for investors relying on dividend income. Earnings growth forecasts may improve LCNB's financial performance, but past declines in earnings raise sustainability concerns.

22 May

4

LCNB Corporation has been identified as a strong sell stock due to various negative indicators affecting its performance. Analysts have raised concerns about the company's financial health and market position, suggesting that investors should reconsider their holdings. The stock's recent performance has not met expectations, leading to a downgrade in its outlook. Investors are advised to be cautious and consider the potential risks associated with holding LCNB shares. Negative indicators and analyst concerns suggest significant risks that could alter the company's trajectory.

11 May

3

LCNB Corporation reported its first quarter 2025 earnings, revealing revenues that exceeded expectations. However, earnings per share (EPS) fell short of forecasts, indicating mixed financial performance for the period. Revenues beating expectations suggests positive momentum, but the EPS lag may raise concerns about profitability.

stockrow.com/LCNB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com