Lcnb Corporation ( (LCNB) ) has released its Q2 earnings. Here is a breakdown of the information Lcnb Corporation presented to its investors.
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LCNB Corp., a financial holding company based in Lebanon, Ohio, operates through its subsidiary, LCNB National Bank, providing a wide range of banking services to communities in Southwest and South-Central Ohio.
LCNB Corp. reported a robust financial performance for the second quarter of 2025, with significant improvements in key financial metrics. The company achieved a 24.2% increase in net earnings per share from the first quarter, reaching $0.41 per diluted share, and expanded its net interest margin to 3.47%.
The company’s net income for the second quarter was $5.9 million, a substantial increase from $0.9 million in the same period last year. This growth was driven by a rise in net interest income, which reached $17.5 million, and a 28.6% increase in non-interest income. Additionally, LCNB saw a decrease in non-interest expenses, attributed to reduced merger-related costs and lower FDIC insurance premiums.
LCNB’s strategic acquisitions have bolstered its wealth and trust services, with assets under management in newly acquired branches increasing by over 300% in the past year. Despite a slight decrease in total assets and loans, the company maintained strong asset quality and a healthy balance sheet.
Looking ahead, LCNB Corp. remains optimistic about its long-term growth prospects, supported by strong asset quality and profitability levels. The company is well-positioned to navigate the fluid economic environment, continuing to deliver value to its Ohio communities.