LCNB
LCNB Corp.17.45
-0.26-1.47%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
247.56MP/E (TTM)
10.45Basic EPS (TTM)
1.67Dividend Yield
0.05%Recent Filings
10-K
FY2025 results
LCNB Corp drove FY2025 net income to $23.1M ($1.63 diluted EPS), up sharply from $13.5M in 2024, fueled by net interest income climbing 15.5% to $70.2M as funding costs plunged on optimized deposits and $50M FHLB debt payoff. Q4 momentum shone through $16.2M in subsidiary dividends to the parent—exceeding full-year 2024—while provision for credit losses held steady at $1.9M despite a $1.4M logistics reserve. Noninterest income rose on fiduciary fees; expenses dipped on vanishing merger costs. Balance sheet shrank prudently: loans -1%, deposits -2%, long-term debt slashed 33%. No buybacks in Q4; 311K shares remain authorized. Weak local real estate could stall quarterly momentum.
8-K
Furnished investor presentation
8-K
Record earnings, TBV up 13.6%
LCNB Corp. reported 2025 net income of $23.1 million, up from $13.5 million in 2024, with net interest income rising to $70.2 million on a 3.50% margin. Tangible book value per share climbed 13.6% to $12.45, fueled by earnings and improved investment losses, while wealth management assets hit a record $1.56 billion. Q4 provision spiked $1.5 million for a logistics loan reserve. Asset quality stays solid.
10-Q
Q3 FY2025 results
LCNB posted solid Q3 momentum with net interest income up 21% y/y to $18.1M on lower deposit costs (down 28% to $6.9M), despite flat loan interest, driving net income to $6.9M or $0.49 diluted EPS (53% y/y gain). Provision fell to $211K from $660K as credit quality strengthened—non-accruals dropped to 0.11%. Operating cash flow tallied $21.7M YTD; long-term debt shrank 33% to $105M after $50M FHLB payoff, with $35.9M cash on hand. Merger expenses faded. Yet deposit competition lingers.
8-K
Investor presentation disclosed
IPO
Website
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