LCNB Corporation (LCNB)
NASDAQ:LCNB
Want to see LCNB full AI Analyst Report?
Top Page
LCNB
(NASDAQ:LCNB)
Select Model
Select Model
Rating:66Neutral
Price Target:
$17.50
▲(10.20% Upside)
Action:Reiterated
Date:05/09/26
The score is driven primarily by mixed financial performance—improving leverage and solid profitability/cash conversion offset by a sharp TTM revenue decline and volatility. Valuation is a clear positive (moderate P/E and high dividend yield), while technical indicators are neutral-to-soft due to negative MACD and weak stochastic.
Positive Factors
Profitability & cash conversion
Sustained high reported margins and near-100% free cash conversion indicate durable earnings quality and internal funding capacity. Over the medium term this supports dividends, reserve building, and reinvestment without immediate reliance on external capital, improving financial resilience.
Negative Factors
Sharp TTM revenue decline
A one-third decline in trailing revenue signals structural top-line weakness or one-off declines that compress scale economics. If sustained, this erodes margin headroom, limits reinvestment, and forces difficult trade-offs between growth and capital returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability & cash conversion
Sustained high reported margins and near-100% free cash conversion indicate durable earnings quality and internal funding capacity. Over the medium term this supports dividends, reserve building, and reinvestment without immediate reliance on external capital, improving financial resilience.
Read all positive factors
LCNB (LCNB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$232.64M
Dividend Yield5.32%
Average Volume (3M)25.25K
Price to Earnings (P/E)12.4
Beta (1Y)0.68
Revenue Growth-2.49%
EPS Growth41.73%
CountryUS
Employees346
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.62
Shares Outstanding14,246,007
10 Day Avg. Volume35,438
30 Day Avg. Volume25,247
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.84
Price to Sales (P/S)1.86
P/FCF Ratio6.90
Enterprise Value/Market Cap1.38
Enterprise Value/Revenue2.58
Enterprise Value/Gross Profit3.56
Enterprise Value/Ebitda11.45
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.69
Revenue Forecast (FY)$95.80M
LCNB Business Overview & Revenue Model
Company Description
LCNB Corp. is a financial holding company based in the United States, primarily engaged in providing a range of banking and financial services through its wholly owned subsidiary, LCNB National Bank. The company operates in the banking sector, off...
How the Company Makes Money
LCNB primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is generated by earning interest on interest-earning assets—mainly loans (such as commercial, consumer, and real estate-related loans) and i...
LCNB Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 124.11M | 124.24M | 125.42M | 95.01M | 80.04M | 75.99M |
| Gross Profit | 89.94M | 89.78M | 79.24M | 69.68M | 75.08M | 72.21M |
| EBITDA | 27.98M | 28.15M | 16.57M | 18.25M | 29.69M | 28.20M |
| Net Income | 22.95M | 23.12M | 13.49M | 12.63M | 22.13M | 20.97M |
Balance Sheet | ||||||
| Total Assets | 2.24B | 2.24B | 2.31B | 2.29B | 1.92B | 1.90B |
| Cash, Cash Equivalents and Short-Term Investments | 23.14M | 250.62M | 134.86M | 316.32M | 312.55M | 326.31M |
| Total Debt | 110.89M | 118.18M | 161.27M | 216.78M | 96.90M | 16.47M |
| Total Liabilities | 1.96B | 1.97B | 2.05B | 2.06B | 1.72B | 1.67B |
| Stockholders Equity | 275.82M | 273.93M | 253.04M | 235.30M | 200.68M | 238.60M |
Cash Flow | ||||||
| Free Cash Flow | 34.03M | 33.44M | 89.44M | 20.75M | 27.83M | 15.88M |
| Operating Cash Flow | 35.28M | 34.40M | 93.24M | 23.36M | 28.71M | 17.82M |
| Investing Cash Flow | 51.57M | 52.05M | 61.39M | -60.41M | -48.38M | -175.22M |
| Financing Cash Flow | -95.34M | -100.58M | -158.61M | 54.07M | 24.23M | 143.80M |
LCNB Technical Analysis
Positive
15.88
Price Trends
16.19
Positive
16.51
Negative
15.89
Positive
Market Momentum
-0.04
Negative
52.42
Neutral
74.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LCNB, the sentiment is Positive. The current price of 15.88 is below the 20-day moving average (MA) of 16.12, below the 50-day MA of 16.19, and below the 200-day MA of 15.89, indicating a bullish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 52.42 is Neutral, neither overbought nor oversold. The STOCH value of 74.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LCNB.
LCNB Risk Analysis
LCNB disclosed 27 risk factors in its most recent earnings report. LCNB reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
LCNB Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $243.79M | 8.59 | 14.66% | 2.39% | 2.72% | 27.37% | |
78 Outperform | $241.87M | 8.10 | 5.28% | ― | 1.82% | -5.15% | |
74 Outperform | $240.09M | 9.20 | 7.26% | 3.50% | 0.47% | 71.88% | |
71 Outperform | $234.87M | 8.78 | 11.06% | 2.55% | 9.67% | 30.37% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $232.64M | 12.39 | 8.48% | 5.32% | -2.49% | 41.73% | |
64 Neutral | $285.89M | 12.25 | 11.74% | 2.07% | 12.56% | 28.20% |
* Financial Sector Average
LCNB
LCNB
16.33
2.66
19.43%
CFFI
C&F Financial
72.17
8.89
14.04%
FCCO
First Community
30.42
7.70
33.90%
HWBK
Hawthorn Bancshares
35.35
6.54
22.70%
BPRN
Bank of Princeton
35.25
6.18
21.26%
CBNA
Chain Bridge Bancorp, Inc. Class A
36.65
10.02
37.63%
LCNB Corporate Events
Executive/Board ChangesShareholder Meetings
LCNB Shareholders Approve Directors, Executive Pay and Auditor
Positive
Apr 30, 2026
At LCNB’s annual shareholder meeting held on April 27, 2026, investors elected four Class III directors—William H. Kaufman, Mary E. Bradford, William G. Huddle, and Craig M. Johnson—to serve until the 2029 annual meeting, with su...
Business Operations and StrategyDividendsFinancial Disclosures
LCNB Reports Mixed First-Quarter 2026 Results, Wealth Grows
Neutral
Apr 22, 2026
LCNB Corp., a Lebanon, Ohio-based financial holding company focused on community banking and wealth management in Southwest and South-Central Ohio, reported first-quarter 2026 results on April 22, 2026. The company’s operations span traditio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.