LCNB Q3 profit rises on wider interest margin despite higher credit costs

LCNB

15/10/2026 21:16

Overview
U.S. community bank's Q3 net income rose 5% yr/yr, with EPS up to $0.51
Q3 net interest income increased year-over-year, supported by higher net interest margin
Credit provisions, net charge-offs and nonperforming loans increased from a year earlier

Outlook
Company says additional capital from subordinated debt will support future growth and expansion strategies
LCNB plans to focus on organic growth and expanding wealth management client relationships
Company remains focused on improving operating efficiency and leveraging its diversified revenue platform

Result Drivers
NET INTEREST INCOME - Co attributed growth to lower rates paid on liabilities, reduced liabilities, and higher yields on earning assets
NON-INTEREST INCOME - Declined due to lower service charges, fees, and loan sale gains, partially offset by higher fiduciary income
FIDUCIARY INCOME - Higher fiduciary income partly offset lower fee income, supported by new wealth-management relationships and higher managed-asset values

Company press release: ID:nBw1J4LVpa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
 
$0.51
 
Q3 Net Income
 
$7.31 mln
 
Q3 Net Interest Income
 
$19.68 mln
 
Q3 Pretax Profit
 
$8.98 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "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 $20.00, about 7.8% above its October 14 closing price of $18.56
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
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Oct 14 - Home BancShares Q3 revenue rises on net interest income strength

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.)