LCNB Q2 FY26 net income rises 27.1% to $7.5 million; net interest income increases 12.8% to $19.8 million - LCNB News | RalliesLCNB Q2 FY26 net income rises 27.1% to $7.5 million; net interest income increases 12.8% to $19.8 million
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LCNB• Balance sheet trends
- Total assets fall 3.6% to $2.22 billion; deposits drop 5.2% to $1.82 billion on runoff of higher-cost CDs and IRAs.
Q2 earnings and margins improve
- LCNB posts Q2 net income of $7.5 million, up 27.12% year-over-year; EPS rises 29% to $0.53.
- Net interest income climbs 12.8% to a record $19.8 million; tax-equivalent net interest margin widens 52 basis points to 3.99%.
- Return on average assets improves to 1.34%; tangible book value per share increases 10.4% to $12.90 at June 30.
Non-interest income and wealth management grow
- Non-interest income ticks up to $5.4 million.
- Wealth management assets rise 15.3% to $1.7 billion, lifting fiduciary income to $2.7 million.
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