LCNB Corporation (LCNB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LCNB SEC filings page.
LCNB Corporation (LCNB) reported $96.4M in revenue over the twelve months to Jun 30, 2026, up 9.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The balance sheet remains liability-funded, while FY2025’s earnings recovery converted into cash and coincided with lower leverage.
From FY2023 to FY2025, net income rose from$12.6M to$23.1M while ROA recovered from0.6% to1.0% ; operating cash flow reached$34.4M , showing the improvement was not merely an accounting rebound. Long-term debt fell from$155.2M to$104.4M as equity reached$273.9M , bringing debt-to-equity down to 0.4x from 0.6x in FY2024.
With
Operating cash flow of
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of LCNB Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
LCNB Corporation earned a return on assets of 1.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 0.6% the prior year. Earnings ranks banks on that return over three years, and LCNB Corporation scores 43/100 among other banks.
LCNB Corporation reported revenue of $92.0M in fiscal year 2025, against $81.2M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and LCNB Corporation scores 68/100 among other banks.
LCNB Corporation funded 12.2% of its assets with shareholders' equity at the end of fiscal year 2025, holding $273.9M of equity against $2.2B of assets. Capital ranks banks on that cushion, and LCNB Corporation scores 61/100 among other banks.
Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. LCNB Corporation scores 25/100 on it among other banks.
Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. LCNB Corporation scores 72/100 on it among other banks.
LCNB Corporation reported net income of $23.1M in fiscal year 2025, against $13.5M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and LCNB Corporation scores 52/100 among other banks.
LCNB Corporation passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, LCNB Corporation generates $1.49 in operating cash flow ($34.4M OCF vs $23.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
LCNB Corporation generated $25.1M in revenue in Q2 2026. This represents an increase of 10.3% from the same quarter a year earlier. Against the prior quarter it is up 6.8%.
LCNB Corporation reported $7.5M in net income in Q2 2026. This represents an increase of 26.6% from the same quarter a year earlier. Against the prior quarter it is up 68.6%.
LCNB Corporation earned $0.53 per diluted share (EPS) in Q2 2026. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is up 71.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
LCNB Corporation generated $7.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 42.0% from the same quarter a year earlier. Against the prior quarter it is up 168.5%.
LCNB Corporation held $24.9M in cash against $103.8M in long-term debt as of Q2 2026.
LCNB Corporation paid $0.22 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
LCNB Corporation's net profit margin was 29.8% in Q2 2026, showing the share of revenue converted to profit. This is up 3.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.
LCNB Corporation's ROE was 2.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
LCNB Corporation invested $1.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 478.7% from the same quarter a year earlier. Against the prior quarter it is up 306.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
LCNB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1M+10.3% | $23.5M+9.4% | $23.9M+5.1% | $23.8M+11.5% | $22.8M+18.1% | $21.5M+20.7% | $22.7M+17.8% | $21.4M+24.7% |
| SG&A Expenses | $9.0M+1.0% | $9.5M+3.2% | $8.8M+2.2% | $8.7M-3.8% | $8.9M-1.5% | $9.2M+7.2% | $8.6M+12.2% | $9.0M+28.1% |
| Interest Expense | $6.5M-22.1% | $6.6M-27.0% | $6.9M-31.9% | $8.2M-28.4% | $8.4M-28.5% | $9.0M-17.0% | $10.2M+17.7% | $11.4M+87.4% |
| Income Tax | $1.7M+32.2% | $877K-3.2% | $1.3M-2.8% | $1.5M+92.7% | $1.3M+6663.2% | $906K+190.4% | $1.3M+667.8% | $798K-15.9% |
| Net Income | $7.5M+26.6% | $4.4M-3.6% | $5.7M-7.6% | $6.9M+53.0% | $5.9M+539.9% | $4.6M+140.7% | $6.1M+2188.7% | $4.5M+11.4% |
| EPS (Basic) | $0.53+29.3% | $0.31-6.1% | $0.40-9.1% | $0.49+58.1% | $0.41+485.7% | $0.33+120.0% | $0.44+833.3% | $0.31-16.2% |
| EPS (Diluted) | $0.53+29.3% | $0.31-6.1% | $0.40-9.1% | $0.49+58.1% | $0.41+485.7% | $0.33+120.0% | $0.44 | $0.31-16.2% |
| Diluted Shares (Avg) | 14M+0.5% | 14M+0.5% | N/A | 14M+0.6% | 14M+1.0% | 14M+7.2% | N/A | 14M+27.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
LCNB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B-3.6% | $2.2B-2.8% | $2.2B-2.9% | $2.2B-4.4% | $2.3B-2.7% | $2.3B+0.9% | $2.3B+0.7% | $2.3B+18.4% |
| Cash & Equivalents | $24.9M-50.1% | $29.2M-22.5% | $21.6M-39.5% | $35.9M-8.9% | $49.8M+42.7% | $37.7M+14.3% | $35.7M-10.0% | $39.4M-9.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $90.3M0.0% | $90.3M0.0% | $90.3M0.0% | $90.3M+0.1% | $90.3M-3.8% | $90.3M+13.5% | $90.3M+13.6% | $90.2M+52.3% |
| Total Liabilities | $1.9B-5.0% | $2.0B-4.0% | $2.0B-4.3% | $2.0B-5.7% | $2.0B-3.8% | $2.0B-0.3% | $2.1B-0.1% | $2.1B+17.6% |
| Long-Term Debt | $103.8M-1.1% | $104.1M-0.5% | $104.4M-32.7% | $104.7M-32.7% | $105.0M-35.2% | $104.6M-35.7% | $155.2M+37.2% | $155.7M+38.2% |
| Total Equity | $280.6M+6.5% | $275.8M+6.6% | $273.9M+8.3% | $269.9M+6.6% | $263.5M+7.4% | $258.7M+10.7% | $253.0M+7.5% | $253.2M+25.8% |
| Retained Earnings | $157.6M+8.2% | $153.3M+7.3% | $151.9M+7.5% | $149.4M+8.0% | $145.6M+6.4% | $142.8M+2.7% | $141.3M+0.9% | $138.3M-3.4% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.
LCNB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.8M+60.7% | $3.1M+40.2% | $12.7M-66.8% | $14.0M+17.4% | $5.5M-90.0% | $2.2M+118.5% | $38.4M+245.4% | $11.9M+127.2% |
| Depreciation & Amortization | $762K+143.4% | $219K-56.5% | $146K+196.7% | $1.8M+381.0% | -$1.8M-1748.4% | $503K+4.6% | -$151K-125.4% | $369K-56.7% |
| Capital Expenditures | $1.4M+478.7% | $335K+378.6% | $345K-8.0% | $309K-78.3% | $235K-79.4% | $70K-91.8% | $375K-57.5% | $1.4M+132.0% |
| Free Cash Flow | $7.4M+42.0% | $2.8M+29.1% | $12.4M-67.4% | $13.7M+30.4% | $5.2M-90.3% | $2.1M+116.7% | $38.0M+271.5% | $10.5M+126.5% |
| Investing Cash Flow | $9.8M-15.3% | $9.3M-4.9% | -$15.0M-6582.3% | $45.7M+62.4% | $11.6M-45.9% | $9.8M-16.2% | $231K+101.6% | $28.1M+255.6% |
| Financing Cash Flow | -$22.9M-366.5% | -$4.9M+51.8% | -$12.0M+71.5% | -$73.6M-107.1% | -$4.9M+93.4% | -$10.1M-54.5% | -$42.2M-48640.2% | -$35.5M-217.5% |
| Dividends Paid | $3.1M+0.8% | $3.1M+1.4% | $3.1M-1.1% | $3.2M+2.1% | $3.1M+0.5% | $3.1M+7.1% | $3.2M+8.8% | $3.1M+34.9% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
Not reported in any period shown, so not listed: Stock-Based Compensation.
LCNB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 29.8%+3.8pp | 18.9%-2.5pp | 23.7%-3.3pp | 29.1%+7.9pp | 26.0%+21.2pp | 21.4%+10.7pp | 27.0%+28.5pp | 21.2%-2.5pp |
| Return on Equity | 2.7%+0.4pp | 1.6%-0.2pp | 2.1%-0.4pp | 2.6%+0.8pp | 2.3%+1.9pp | 1.8%+1.0pp | 2.4%+2.5pp | 1.8%-0.2pp |
| Return on Assets | 0.3%+0.1pp | 0.2%0.0pp | 0.3%0.0pp | 0.3%+0.1pp | 0.3%+0.2pp | 0.2%+0.1pp | 0.3%+0.3pp | 0.2%0.0pp |
| Debt-to-Equity | 0.370.0x | 0.380.0x | 0.38-0.2x | 0.39-0.2x | 0.40-0.3x | 0.40-0.3x | 0.61+0.1x | 0.61+0.1x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 29.5%+6.6pp | 11.8%+1.8pp | 52.0% | 57.4%+8.3pp | 23.0% | 10.0%+81.8pp | 167.4% | 49.0%+22.1pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| LCNB Corporation LCNB | FY2025 | $92.0M | $23.1M | 25.1% | $271.6M | 54/100 |
| Isabella Bank Corporation ISBA | FY2025 | $78.5M | $18.9M | 24.1% | $283.2M | 51/100 |
| Virginia National Bankshares Corporation VABK | FY2025 | $57.6M | $19.3M | 33.4% | $265.4M | 57/100 |
| Primis Financial Corp. FRST | FY2025 | $223.8M | $61K | 0.0% | $386.4M | 28/100 |
| Norwood Financial Corp NWFL | FY2025 | $87.9M | $27.8M | 31.6% | $367.4M | 32/100 |
Where LCNB Corporation Ranks
Frequently Asked Questions
What is LCNB Corporation's annual revenue?
LCNB Corporation (LCNB) reported $92.0M in total revenue for fiscal year 2025. This represents a 13.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is LCNB Corporation's revenue growing?
LCNB Corporation (LCNB) revenue grew by 13.3% year-over-year, from $81.2M to $92.0M in fiscal year 2025.
Is LCNB Corporation profitable?
Yes, LCNB Corporation (LCNB) reported a net income of $23.1M in fiscal year 2025, with a net profit margin of 25.1%.
How much debt does LCNB Corporation have?
As of fiscal year 2025, LCNB Corporation (LCNB) had $21.6M in cash and equivalents against $104.4M in long-term debt.
What is LCNB Corporation's net profit margin?
LCNB Corporation (LCNB) had a net profit margin of 25.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does LCNB Corporation pay dividends?
Yes, LCNB Corporation (LCNB) paid $0.88 per share in dividends during fiscal year 2025.
What is LCNB Corporation's return on equity (ROE)?
LCNB Corporation (LCNB) has a return on equity of 8.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is LCNB Corporation's free cash flow?
LCNB Corporation (LCNB) generated $33.4M in free cash flow during fiscal year 2025. This represents a -62.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is LCNB Corporation's operating cash flow?
LCNB Corporation (LCNB) generated $34.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are LCNB Corporation's total assets?
LCNB Corporation (LCNB) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are LCNB Corporation's capital expenditures?
LCNB Corporation (LCNB) invested $959K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is LCNB Corporation's debt-to-equity ratio?
LCNB Corporation (LCNB) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is LCNB Corporation's return on assets (ROA)?
LCNB Corporation (LCNB) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is LCNB Corporation's P/E ratio?
LCNB Corporation (LCNB) trades at 11.1x earnings, its market capitalization divided by net income of $24.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $271.6M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is LCNB Corporation's price-to-sales ratio?
LCNB Corporation (LCNB) trades at 2.8x sales, its market capitalization divided by revenue of $96.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $271.6M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is LCNB Corporation's Piotroski F-Score?
LCNB Corporation (LCNB) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are LCNB Corporation's earnings high quality?
LCNB Corporation (LCNB) has an earnings quality ratio of 1.49x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is LCNB Corporation?
LCNB Corporation (LCNB) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.