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LCNB Corp.

NASDAQ•LCNB
CEO: Mr. Eric J. Meilstrup
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1999-10-26
LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, as well as individual retirement accounts and time certificates. The company's loan products comprise commercial and industrial, commercial and residential real estate, agricultural, construction, and small business administration loans; and residential mortgage loans that consists of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages. It offers consumer loans, such as automobile, recreational vehicles, boat, home improvement, and personal loans. In addition, the company provides trust administration, estate settlement, and fiduciary services; and investment management services for trusts, agency accounts, individual retirement accounts, and foundations/endowments. Further, it offers investment services and products, including financial needs analysis, mutual funds, securities trading, annuities, and life insurance; and security brokerage services. Additionally, the company provides safe deposit boxes, night depositories, cashier's checks, bank-by-mail, ATMs, cash and transaction services, debit cards, wire transfers, electronic funds transfer, utility bill collections, notary public service, cash management services, telephone banking, PC Internet banking, mobile banking, and other services for individuals and businesses. LCNB Corp. was founded in 1877 and is headquartered in Lebanon, Ohio.
Contact Information
2 North Broadway, Lebanon, OH, 45036, United States
513-932-1414
www.lcnb.com
Market Cap
$248.59M
P/E (TTM)
10.7
16.8
Dividend Yield
5.0%
52W High
$17.89
52W Low
$13.75
52W Range
89%
Rank40Top 42.0%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$30.12M+0.00%
4-Quarter Trend

EPS

$0.31+0.00%
4-Quarter Trend

FCF

$2.77M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Net Income Growth Net income reached $23.1M in 2025, significantly up from $13.5M in 2024, driven by improved net interest income performance.
NIM Expansion Strong Tax-equivalent Net Interest Margin improved 59 basis points to 3.50% due to favorable rate/volume changes across earning assets.
Capital Ratios Strengthened CET1 ratio increased to 11.02% (from 9.94%), well above regulatory minimums, supporting operational flexibility.
Asset Quality Metrics Improved Non-accrual loan ratio decreased to 0.11% in 2025, despite an increase in the overall allowance for credit losses ratio to 0.80%.

Risk Factors

Credit Quality Concerns Emerge ACL coverage ratio rose to 0.80% due to a $1.4M specific reserve taken against a logistics sector loan in Q1 2026.
Interest Rate Sensitivity EVE analysis indicates sustained rate increases negatively impact Economic Value of Equity, despite short-term NII gains.
Deposit Base Contraction Total deposits decreased by $37.9M (2.02%) year-over-year, reflecting competitive pressures in the deposit market.
Cybersecurity Threat Landscape Reliance on electronic systems exposes operations to cyberattacks; management maintains multi-layered defense and insurance coverage.

Outlook

Funding Cost Optimization Strategy focuses on reducing higher-cost IRA and time certificate balances, successfully lowering long-term debt by $50.7M.
Technology Adoption Focus Commitment to technology investments, including AI, to enhance efficiency and maintain competitive advantage in service delivery.
Post-Period Credit Event Significant adverse development on a logistics loan resulted in a $1.3M charge-off recognized in Q1 2026 after year-end.
Continued Regulatory Compliance Management continues to monitor evolving federal and state regulations, including cybersecurity and capital requirements.

Peer Comparison

Revenue (TTM)

CFFI stock ticker logoCFFI
$188.81M
+10.9%
ISTR stock ticker logoISTR
$170.24M
+9.9%
OPBK stock ticker logoOPBK
$169.55M
+7.8%

Gross Margin (Latest Quarter)

FVCB stock ticker logoFVCB
100.0%
+3.8pp
CBNA stock ticker logoCBNA
98.8%
+0.4pp
OVLY stock ticker logoOVLY
97.8%
+11.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ISTR$325.97M14.49.0%5.0%
FVCB$302.17M12.99.2%1.3%
OVLY$294.39M12.112.0%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.2%
Flat Growth
4Q Net Income CAGR
-9.1%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Jul 28, 2026
|
EPS:$0.43
|
Revenue:$24.00M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data