Saturday 17 October 2026 Export LCNB’s income statement to Excel — free account

LCNB Corporation

LCNB Corporation’s revenue for fiscal 2025 (year ended December 2025) was $124.5 million, down 0.72% from fiscal 2024. In the quarter to June 2026, revenue grew 1.60%, EPS grew 29.3%, free cash flow grew 43.1% and total debt fell 1.11%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

18.88 0.09 +0.48%

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Market cap: $267.9M
P/E: 10.9×
Fwd P/E: 10.0×
Dividend yield: 4.66%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.04

Total sells 0.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	2	—	—	2	—	—
Sell	1	—	—	1	—	—	—	—	—	—	—	—

Insider Ownership 5.78%

Capital & Financial Ratios $m

Market Cap 267.85

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 10.91

Fwd P/E 10.00

P/S ratio 2.15

P/B ratio 0.95

Past 5Y EPS Growth 1.01%

This Y EPS Growth 10.22%

Next Y EPS Growth 2.97%

Next Y revenue growth (37.98%)

Next 5Y EPS Growth 5.24%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 38.48%

10-year low 10-year high

P/S against its own 10 years 30.96%

10-year low 10-year high

P/B against its own 10 years 52.56%

10-year low 10-year high

Dividends

Payout Ratio 0.51

Annual Dividend Rate 0.88

Annual Dividend Yield 4.66%

	total	individual payouts
2028	Powerpack
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 special payouts not included in total or ratios

Assets vs Liabilities $m

	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

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 $m

	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

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	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

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	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

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	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
	High	25.00	24.35	21.60	19.94	19.43	20.69	20.36	19.10	17.92	17.84
People
People	Employees	282	310	325	332	331	307	309	380	393	363
	Revenue/emp, $m	0.19	0.18	0.20	0.23	0.24	0.25	0.26	0.25	0.32	0.34
Income, $m
Income, $m	Revenue	55	55	66	78	80	77	80	95	125	125
	Gross margin, %	93.58	93.45	90.21	86.09	90.49	94.76	94.11	75.53	64.74	73.88
	EBT	17	17	18	23	24	26	27	15	16	28
	EBT margin, %	31.00	31.40	27.11	29.69	30.38	33.05	33.67	16.06	12.73	22.61
	Net income	12	13	15	19	20	21	22	13	13	23
	Depreciation	3	3	4	3	2	3	3	3	1	1
Per share, $
Per share, $	Revenue	5.49	5.49	5.50	5.93	6.16	6.15	7.01	8.32	9.11	8.84
	Earnings	1.26	1.30	1.24	1.44	1.55	1.66	1.93	1.10	0.97	1.63
	Cash flow	1.56	1.81	1.65	1.68	1.06	1.42	2.52	2.05	6.77	2.44
	Capex	(0.91)	(0.54)	0.01	(0.30)	(0.17)	(0.15)	0.14	(0.17)	(0.21)	(0.07)
	Free cash flow	0.65	1.28	1.66	1.38	0.89	1.26	2.66	1.88	6.56	2.37
	Book value	14.37	15.02	18.35	17.44	18.65	18.95	17.59	20.61	18.38	19.45
	Shares, m	10	10	12	13	13	13	11	11	14	14
Valuation, ×
Valuation, ×	P/E	17.86	15.65	12.35	13.40	9.48	11.77	9.43	14.08	15.60	10.06
	P/S	4.10	3.71	2.75	3.26	2.39	3.18	2.59	1.93	1.66	1.85
	P/B	1.57	1.36	0.83	1.11	0.79	1.03	1.03	0.78	0.82	0.84
	EV/Sales	3.76	3.25	3.15	3.52	2.26	3.07	2.55	2.70	2.61	2.50
	EV/FCF	31.91	13.99	10.44	15.10	15.63	14.96	6.73	11.99	3.63	9.30
Cash, $m
Cash, $m	Operating cash flow	15	18	20	22	14	18	29	23	93	34
	Capex	(9)	(5)	0	(4)	(2)	(2)	2	(2)	(3)	(1)
	Free cash flow	6	13	20	18	12	16	30	21	90	33
Balance, $m
Balance, $m	Working capital	(328)	(274)	(155)	(101)	(143)	(258)	(267)	(176)	(133)	(130)
	Total debt	1	0	47	41	22	10	19	113	155	104
	Net debt	(18)	(25)	26	20	(10)	(8)	(4)	73	119	80
	Shareholders’ equity	143	150	219	228	241	239	201	235	253	274
Returns, %
Returns, %	ROA	0.96	1.00	1.01	1.15	1.18	1.15	1.15	0.60	0.59	1.02
	ROIC	8.48	8.67	5.08	5.82	6.53	6.94	8.55	4.03	3.26	4.99
	ROE	8.82	8.85	8.04	8.45	8.54	8.72	10.02	5.79	5.53	8.77

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 6 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VABK Virginia National Bankshares Corporation	$279.1M	11.1×	17.8×	+24.86% (above 0%: growing)	+110.13% (above 0%: growing)	−47.94% (below 0%: shrinking)	77.48%	0.00%	Compare
NKSH National Bankshares, Inc.	$276.0M	13.6×	10.7×	+6.17% (above 0%: growing)	+119.44% (above 0%: growing)	+118.57% (above 0%: growing)	71.02%	0.00%	Compare
FNRN First Northern Community Bancorp	$273.3M	12.2×	—	+2.07% (above 0%: growing)	−12.99% (below 0%: shrinking)	+31.66% (above 0%: growing)	83.16%	0.00%	Compare
WNEB Western New England Bancorp	$271.6M	16.1×	13.4×	+3.49% (above 0%: growing)	−21.74% (below 0%: shrinking)	−9.46% (below 0%: shrinking)	66.47%	0.00%	Compare
LCNB LCNB Corporation	$267.9M	10.9×	10.0×	+1.60% (above 0%: growing)	+29.27% (above 0%: growing)	+43.09% (above 0%: growing)	79.36%	0.00%
FXNC First National Corp.	$266.0M	12.3×	12.3×	+2.05% (above 0%: growing)	+14.29% (above 0%: growing)	+60.14% (above 0%: growing)	80.94%	0.00%	Compare
FBLA FB Bancorp, Inc.	$264.7M	— (loss-making)	—	+8.80% (above 0%: growing)	n/m	+669.02% (above 0%: growing)	74.66%	0.00%	Compare
HWBK Hawthorn Bancshares, Inc.	$263.1M	9.9×	10.0×	+9.30% (above 0%: growing)	+20.45% (above 0%: growing)	+123.49% (above 0%: growing)	76.36%	0.00%	Compare
GBFH GBank Financial Holdings Inc.	$257.6M	13.6×	16.3×	+22.90% (above 0%: growing)	+15.15% (above 0%: growing)	+3,151.19% (above 0%: growing)	68.86%	0.00%	Compare
Median of peers	$268.8M	12.3×	12.9×	+7.49%	+15.15%	+89.36%	75.51%	0.00%

All 323 Banks Regional stocks →

LCNB Corporation (LCNB) key facts

Concern: LCNB Corporation’s revenue for fiscal 2025 (year ended December 2025) was $124.5 million, down 0.72% from fiscal 2024.
LCNB Corporation (LCNB) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, LCNB traded at $18.88, a market capitalization of $267.9 million.
LCNB Corporation pays an annual dividend of $0.88 per share, a yield of 4.66%, with a payout ratio of 50.9%.
Return on equity was 8.77% and debt-to-equity 0.37.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.