LCNB (LCNB) Financial Statements & Analysis

LCNB (LCNB) Income Statement

LCNB reported revenue of $124.24M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 56.8% from $79.24M a year earlier. Net income was $23.12M, up 71.4% year over year, a net margin of 18.6%. Gross margin was 72.3% and operating margin 22.7%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $24.57M, up 3.1% from the same quarter a year earlier.

LCNB Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

LCNB Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	124.24	79.24	71.76	75.08	71.94	78.49	76.96	65.06	54.35
Cost of Revenue	34.46	46.18	25.33	4.96	3.78	9.58	11.00	7.35	3.81
Gross Profit	89.78	79.24	69.68	75.08	72.21	68.92	65.97	57.72	50.54
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	41.00	15.91	31.14	12.25	29.35	28.69	27.57	23.47	20.62
Operating Expenses	61.63	63.28	54.42	48.13	46.62	44.76	42.94	39.92	33.29
Operating Income	28.15	15.96	15.26	26.95	25.59	24.16	23.03	17.79	17.24
Other Income/Expense
Interest Income	102.75	104.83	79.42	65.67	61.11	63.69	65.07	54.49	44.46
Interest Expense	32.53	44.22	23.25	4.71	4.05	7.56	10.79	6.43	3.60
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	28.15	15.96	15.26	26.95	25.59	24.16	23.03	17.79	17.24
Income Tax Expense	5.03	2.47	2.63	4.82	4.61	4.09	4.11	2.95	4.27
Net Income	23.12	13.49	12.63	22.13	20.97	20.08	18.91	14.85	12.97
Net Income - Continuous Operations	23.12	13.49	12.63	22.13	20.97	20.08	18.91	14.85	12.97
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	28.82	0.60	18.25	2.74	28.20	26.39	26.27	21.87	20.55
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.67	1.14	0.53	0.48	1.04	2.23	3.24	4.07	3.31
Earnings Per Share
Basic EPS	2.00	1.00	1.00	2.00	2.00	2.00	1.00	1.00	1.00
Diluted EPS	2.00	1.00	1.00	2.00	2.00	2.00	1.00	1.00	1.00
Basic Shares Outstanding	14.09	13.76	11.42	11.41	12.59	12.91	13.08	11.94	10.01
Diluted Shares Outstanding	14.09	13.76	11.42	11.41	12.59	12.92	13.08	11.94	10.01

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About LCNB Financial Statements

What was LCNB's revenue in fiscal 2025?

LCNB reported revenue of $124.24M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 56.8% from $79.24M a year earlier.

Is LCNB profitable?

Yes. LCNB earned net income of $23.12M in fiscal 2025, a net margin of 18.6%. In fiscal 2024 it earned $13.49M.

What is LCNB's operating margin?

LCNB's operating income was $28.15M on revenue of $124.24M in fiscal 2025, an operating margin of 22.7%, compared with 20.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition