LCNB Corp. (LCNB) AI Stock Analysis

LCNB Corp. serves as a financial holding company overseeing LCNB National Bank, which has provided banking services in Ohio since 1877. Headquartered in Lebanon, Ohio, the bank offers deposit products including checking accounts, savings accounts, money market deposits, and certificates of deposit. Its lending portfolio includes commercial and industrial loans, commercial and residential real estate loans, agricultural loans, construction loans, and SBA loans. It also originates consumer loans, residential mortgage products, home equity lines of credit, and options for personal residences. In addition, LCNB Corp. delivers wealth management solutions such as trust administration, estate settlement, fiduciary services, investment management, and investment products.

LCNB's annual revenue rose from $76.0M in FY2021 to $125.4M in FY2024 before decreasing 0.9% to $124.2M in FY2025, delivering a 5-year revenue CAGR of 9.6% from FY2020 to FY2025. Net income was $21.0M in FY2021, fell to $12.6M in FY2023, and recovered to $23.1M in FY2025, with EPS at $1.65. Operating margin was 22.7% in FY2025, up from 12.7% in FY2024. For the trailing twelve months ended September 30, 2026, revenue was $93.0M, operating margin reached 38.6%, and profit margin was 26.8%. In the latest quarter, quarterly revenue grew 4.0% year-over-year while quarterly earnings expanded 4.2%.

As of September 30, 2026, LCNB held $230.6M in cash and short-term investments against $70.0M in total debt, resulting in net cash of $160.6M. Shareholders' equity stood at $282.2M, with total assets of $2.28B and a debt-to-equity ratio of 0.25. In FY2025, operating cash flow was $34.4M and free cash flow was $33.4M. Capital expenditures totaled $959,000, while the company allocated $69,000 to share buybacks and paid $12.5M in dividends.

LCNB trades at a trailing P/E of 10.8x and a forward P/E of 13.1x, compared to medians of 12.1x and 10.8x, respectively, for US-listed Financial Services peers. Its price-to-sales ratio is 2.9x compared to the peer median of 3.2x, while its price-to-book ratio is 1.0x and its enterprise value to revenue is 3.9x. The stock has gained 36.8% over the past year, outperforming the S&P 500 ETF (SPY) return of 16.8%, though its 5-year return of 41.3% trails the S&P 500 ETF's 83.0% gain.

LCNB pays a quarterly dividend with an annualized forward payout of $0.88, representing a dividend yield of 4.65%. The payout ratio is 39.3%. LCNB has paid consecutive dividends for 27 years, recording a 5-year annualized dividend growth rate of 3.8%. Its most recent ex-dividend date was September 1, 2026.

Wall Street analyst coverage consists of 3 Hold ratings, with 0 Buy and 0 Sell ratings. The mean price target of $21.17 suggests an upside of 12.1% from the last close of $18.88. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $1.84, representing 11.8% growth, on revenue of $78.0M. For the following fiscal year, 2 analysts project EPS of $1.87 on revenue of $78.1M. Over the last four quarters, LCNB beat EPS estimates 2 times.

This page is an AI-written research summary of LCNB Corp. (LCNB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: LCNB income statement, LCNB balance sheet, LCNB key metrics, LCNB analyst forecast, LCNB chart. See the LCNB stock overview for the latest quote and news.