STOCK TITAN

LCNB Corp - LCNB STOCK NEWS

Welcome to our dedicated news page for LCNB (Ticker: LCNB), a resource for investors and traders seeking the latest updates and insights on LCNB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LCNB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LCNB's position in the market.

Rhea-AI Summary
LCNB Corp. completes the acquisition of Eagle Financial Bancorp, Inc., merging EAGLE.bank with LCNB National Bank to form a community bank with over $2.5 billion in assets. The move expands LCNB's presence in Southwestern Ohio and Northern Kentucky markets, offering trust and wealth management solutions to more customers. The acquisition adds 36 banking offices in Ohio and one in Northern Kentucky, with total deposits of $1.96 billion and total loans of $1.86 billion as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
-
Rhea-AI Summary
LCNB Corp. (Nasdaq: LCNB) declares a 4.8% increase in cash dividend to $0.22 per common share, with a record date of March 1, 2024, and payment on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary
LCNB Corp. announced financial results for the three and twelve months ended December 31, 2023. The company reported a net loss of $293,000 for the fourth quarter of 2023, compared to net income of $6,408,000 for the same period last year. However, adjusted net income accounts for the impact of one-time merger-related expenses. Total assets increased to a record $2.29 billion, and the company invested $3.3 million to repurchase 199,913 shares of its outstanding stock. LCNB also announced the acquisition of Eagle Financial Bancorp, Inc. with the transaction expected to close in the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
Tags
Rhea-AI Summary
LCNB Corp (LCNB) is set to acquire Eagle Financial Bancorp, Inc (EFBI) in a stock-and-cash transaction, creating one of the largest community banks in Southwest Ohio. The transaction is expected to be accretive to earnings per share in year one and earn-back of tangible book value dilution in approximately 2.1 years. EFBI, the holding company for EAGLE.bank, had approximately $175.8 million in assets, $140.8 million in loans, $135.0 million of deposits, and $26.3 million in consolidated stockholders’ equity as of September 30, 2023. The transaction will increase LCNB’s presence in the Cincinnati market, adding to LCNB’s position as one of the largest community banks in Southwest Ohio. The transaction is anticipated to close in the second quarter of 2024, subject to regulatory approval, EFBI shareholder approval, and other customary conditions set forth in the definitive merger agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.41%
Tags
-
Rhea-AI Summary
LCNB Corp. (Nasdaq: LCNB) announced a 4.8% increase in the quarterly cash dividend payment, reflecting the company's commitment to returning capital to shareholders and its strong financial results. The dividend of $0.22 per common share will have a record date of December 1, 2023, and is payable to shareholders on December 15, 2023. President and CEO Eric Meilstrup highlighted the company's six consecutive years of annual cash dividend growth, amounting to a 32.8% increase from 2017 to 2023, and a compound annual growth rate of 3.5% since 1998.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
dividends
-
Rhea-AI Summary
LCNB Corp. has completed its merger with Cincinnati Bancorp, Inc., resulting in the creation of the premier community banking institution in Southwestern Ohio and Northern Kentucky. The merger provides additional financial products, services, and opportunities for Cincinnati Federal customers. LCNB now operates 33 full-service banking offices in Ohio and one branch office in Northern Kentucky. The total deposits and loans of LCNB would have been $1.8 billion and $1.7 billion, respectively, as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
Rhea-AI Summary
LCNB Corp. reported stable deposit base and a 90.20% loan-to-deposit ratio for Q3 2023. Net loans increased 5.8% YoY to a record $1.45 billion. Asset quality remains excellent with total nonperforming loans at 0.02% of total loans. LCNB Wealth Management assets grew 18.9% YoY to $1.10 billion. Acquisition of Cincinnati Bancorp, Inc. expected to close in November 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.99%
Tags
-
Rhea-AI Summary
LCNB Corp. declares cash dividend of $0.21 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
Tags
dividends
-
Rhea-AI Summary
LCNB Corp. announces favorable second quarter performance and progress despite a difficult operating environment. Net loans increased 4.7% YoY to a record $1.43 billion. LCNB Wealth Management assets up 21.4% YoY to a record $1.13 billion. Acquisition of Cincinnati Bancorp expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.14%
Tags
none
LCNB Corp

Nasdaq:LCNB

LCNB Rankings

LCNB Stock Data

185.67M
12.31M
6.07%
34.82%
1.75%
Commercial Banking
Finance and Insurance
Link
United States
Lebanon

About LCNB

lcnb corp. is a financial holding company headquartered in lebanon, ohio. through its subsidiary, lcnb national bank (the “bank”), it serves customers and communities in southwest and south central ohio. a financial institution with a long tradition for building strong relationships with customers and communities, the bank offers convenient banking locations in butler, clermont, clinton, fayette, hamilton, montgomery, preble, ross and warren counties, ohio. the bank continually strives to exceed customer expectations and provides an array of services for all personal and business banking needs including checking, savings, online banking, personal lending, business lending, business support, deposit and treasury, investment services, trust and iras and stock purchases. lcnb corp. common shares are traded on the nasdaq capital market exchange® under the symbol “lcnb”. learn more about lcnb corp. at www.lcnb.com.