Company says it remains committed to profitable growth and disciplined risk management in 2026.
LCNB says it continues to invest in talent and expand in attractive markets.
Result drivers
Net interest margin - A higher average yield on earning assets and lower rates on interest-bearing liabilities drove margin expansion and record net interest income.
Wealth management - Growth in assets under management and fiduciary income contributed to non-interest income.
Acquisition impact - Recent acquisitions, including Cincinnati Federal, supported earnings and tangible book value growth.
Quarterly results
U.S. community bank's Q2 net interest income rose 13% yr/yr to a record level
Q2 net income grew to $7.5 mln; EPS up 29% yr/yr to $0.53
Results were driven by a higher net interest margin and recent acquisitions
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "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 $17.50, about 2.2% below its July 15 closing price of $17.90.
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago.
LCNB•
