LCNB (NASDAQ:LCNB) Posts Earnings Results

LCNB (NASDAQ:LCNB) announced its earnings results on Wednesday. The bank reported $0.53 EPS for the quarter, FiscalAI reports. LCNB had a return on equity of 8.48% and a net margin of 18.50%.The company had revenue of $25.14 million for the quarter.

LCNB Stock Performance

Shares of LCNB opened at $17.90 on Thursday. LCNB has a one year low of $14.11 and a one year high of $18.52. The company has a market cap of $255.07 million, a PE ratio of 11.12 and a beta of 0.58. The stock has a 50-day moving average of $16.98 and a 200-day moving average of $16.79. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93.

LCNB Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.22 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.88 annualized dividend and a dividend yield of 4.9%. LCNB’s dividend payout ratio (DPR) is currently 54.66%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in shares of LCNB during the first quarter valued at approximately $455,000. Ritholtz Wealth Management lifted its holdings in shares of LCNB by 43.8% in the 1st quarter. Ritholtz Wealth Management now owns 20,770 shares of the bank’s stock worth $324,000 after purchasing an additional 6,329 shares in the last quarter. Hsbc Holdings PLC grew its position in LCNB by 23.3% in the 4th quarter. Hsbc Holdings PLC now owns 34,466 shares of the bank’s stock valued at $561,000 after purchasing an additional 6,509 shares during the period. Maltese Capital Management LLC acquired a new stake in LCNB in the 4th quarter valued at $336,000. Finally, Lcnb Corp increased its stake in LCNB by 0.9% during the 4th quarter. Lcnb Corp now owns 506,663 shares of the bank’s stock valued at $8,304,000 after purchasing an additional 4,675 shares in the last quarter. Institutional investors own 34.73% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of LCNB from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

About LCNB

LCNB Financial Corp (NASDAQ: LCNB) is the bank holding company for LCNB National Bank, a community-focused regional bank headquartered in Cincinnati, Ohio. Through its banking subsidiary, LCNB provides a full suite of deposit and lending solutions designed to meet the needs of individual consumers, small businesses, and middle-market commercial clients. The company emphasizes personalized service, offering checking, savings, money market, and certificate of deposit accounts alongside digital and mobile banking platforms.

On the lending side, LCNB National Bank extends a range of credit products, including commercial and industrial loans, real estate and construction financing, agricultural loans, residential mortgages, and consumer lending.