LCNB Corp Q2 net interest income rises to record high on higher asset yields, lower funding costs

LCNB

16/07/2026 12:12

Overview
U.S. community bank's Q2 net interest income rose !13% yr/yr to record level
Q2 net income grew to $7.5 mln; EPS up 29% yr/yr to $0.53
Results driven by higher net interest margin and recent acquisitions

Outlook
Company says it remains committed to profitable growth and disciplined risk management in 2026
LCNB says it continues to invest in talent and expand in attractive markets

Result Drivers
NET INTEREST MARGIN - Higher average yield on earning assets and lower rates on interest-bearing liabilities drove margin expansion and record net interest income
WEALTH MANAGEMENT - Growth in assets under management and fiduciary income contributed to non-interest income
ACQUISITION IMPACT - Recent acquisitions, including Cincinnati Federal, supported earnings and tangible book value growth

Company press release: ID:nBw4zm0Rsa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.53
 
Q2 Net Income
 
$7.49 mln
 
Q2 Net Interest Income
 
$19.79 mln
 
Q2 Basic EPS
 
$0.53
 
Q2 Pretax Profit
 
$9.19 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 $17.50, about 2.2% below its July 15 closing price of $17.90
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)