Lcnb(NASDAQ) LCNB

LCNB Corp. helps people in Ohio manage their money. It provides loans for buying homes and starting businesses. The bank also offers trust services for families and institutions.

Banking and Investment Services

• Commercial Real Estate: Lending for buildings like offices, retail spaces, and warehouses; accounts for 64.2% of total loans as of June 30, 2026.
• Wealth Management: Trust administration, estate settlement, and investment management for individual retirement accounts (IRAs) and institutional funds.
• Residential Mortgage: Loans for home purchases, refinancing, and home equity lines of credit for individual consumers.
• Commercial and Industrial: Financing for business operations and equipment, including loans backed by the Small Business Administration (SBA).
• Consumer Credit: Personal loans for vehicle purchases, home improvements, and other individual borrowing needs.

How Has LCNB Expanded?

• Completed the acquisitions of Eagle Financial Bancorp and Cincinnati Bancorp, with final merger-related costs recognized during 2025.
• Adopted a funding optimization strategy focused on the strategic runoff of higher-cost certificates of deposit and individual retirement accounts.
• Shifted operations to retain a higher percentage of 1 to 4 family residential mortgage originations on the balance sheet rather than selling to the secondary market.
• Increased managed assets in the Wealth Management division by opening new customer accounts and benefiting from higher market values.

Regional Reach and Capital Strength

LCNB operates a network of 32 physical locations and 37 automated teller machines throughout Southwest and Central Ohio and Northern Kentucky. The institution maintains capital ratios that qualify it as a well-capitalized bank under federal regulatory frameworks.

The Financial Scorecard

• Net income reached $7.5 million for the three-month period ended June 30, 2026, compared to $5.9 million for the same period in 2025.
• Taxable-equivalent net interest margin, which measures the difference between interest earned and interest paid, rose to 3.99% for the three-month period ended June 30, 2026.
• Market capitalization was $249.0 million in Q2 2026, representing a 21.7% increase year over year.
• Total assets were $2.22 billion at June 30, 2026, a 0.76% decrease from $2.24 billion at Dec. 31, 2025.
• The P/E ratio, a measure of stock price relative to earnings, was 8.3 in Q2 2026, down 4.1% year over year.

Bottom Line

LCNB has evolved from a traditional local bank into a regional financial services provider with a significant focus on commercial real estate and wealth management. The company prioritizes funding optimization and maintaining strong regulatory capital levels to support its regional operations.