Brief: LCNB Q2 EPS USD 0.41

LCNB

22/07/2025 21:01

Overview

LCNB Q2 net earnings per share up 24.2% sequentially to $0.41

Net interest margin expanded to 3.47% from 2.86% in Q2 2024

Net income for Q2 was $5.9 mln, up from $0.9 mln last year

Outlook

LCNB expects economic environment to remain fluid

Sees benefits from recent acquisitions in cross-selling services

LCNB anticipates continued long-term growth driven by asset quality

Company highlights strengthening profitability supporting future growth

Result Drivers

NET INTEREST MARGIN - Expanded due to balance sheet strengthening, loan originations, and stable interest rates, per CEO Eric Meilstrup

NON-INTEREST INCOME - Increased 28.6% driven by gains from loan sales and higher fiduciary income

EXPENSE REDUCTION - Non-interest expenses decreased due to lower merger-related costs from the Eagle acquisition in 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.41
Q2 Net Income
$5.92 mln
Q2 Net Interest Income
$17.54 mln
Q2 Basic EPS
$0.41
Q2 Pretax Profit
$7.20 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for LCNB Corp is $15.50, about 0.1% below its July 21 closing price of $15.52

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw2DVHNa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)