Investors might want to bet on LCNB (LCNB) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this holding company for LCNB National Bank reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correl ...

LCNB (LCNB 0.56%), a regional bank serving Southwest Ohio and Northern Kentucky, reported results for Q2 2025 on July 22, 2025. The most significant news was a notable GAAP earnings beat and a major improvement in profitability. Reported earnings per share (GAAP) reached $0.41, surpassing the analyst consensus GAAP estimate of $0.38. Total revenue, defined here as net interest income plus non-interest income, totaled $22.7 million. The quarter’s results showed broad-based improvement, particularly in net in ...

LCNB (LCNB) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.81%. A quarter ago, it was expected that this holding company for LCNB National Bank would post earnings of $0.39 per share when it actually produced earnings of $0.33, delivering a surprise of -15.38%.Over the last four ...

Exhibit 99.2 LCNB Corp. and Subsidiaries Financial Highlights (Dollars in thousands, except per share amounts) | N | e | t | c | h | a | r | g | e | - | o | ffs | $ | 7 | 9 | 3 | 9 | 5 | 9 | 5 | 8 | 4 | 1 | 8 | 1 | 1 | 8 | 6 | 3 | O | t | h | e | r | r | e | a | l | e | s | t | a | t | e | o | w | n | e | d | — | — | — | — | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

Table of Contents LCNB Corp. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35292 Ohio 31-1626393 (State or other jurisdict ...

LCNB (LCNB) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.38%. A quarter ago, it was expected that this holding company for LCNB National Bank would post earnings of $0.30 per share when it actually produced earnings of $0.44, delivering a surprise of 46.67%.Over the last four q ...

| | | | | | | | Three Months Ended December | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | Three Months Ended March 31, | | | | 31, | | | | | | 2025 | | | 2024 | | 2024 | | | | | Average | Interest | Average | Average | Interest | Average | Average | Interest | Average | | | Outstanding Balance | Earned/ Paid | Yield/ Rate | Outstanding Balance | Earned/ Paid | Yield/ Rate | Outstanding Balance | Earned/ Paid | Yield/ Rate | | Loans (1) | $ 1,721,894 | 23,181 | | 5.46% $ 1,722,5 ...

Loan Portfolio and Credit Losses - Total loans outstanding amounted to $1,721.8 million, with commercial and industrial loans at $118.6 million and residential real estate loans at $457.1 million[94]. - The allowance for credit losses on loans was $12.0 million, representing 0.70% of total loans outstanding, an increase from 0.61% in 2023[95]. - The ratio of the allowance for credit losses to total non-accrual loans was 265.04%, indicating a strong coverage of potential losses[95]. - Approximately 89.4% of LCNB's total commercial loans, or about 64.6% of total loans, are related to commercial real estate, indicating a significant concentration in this sector[107]. - LCNB's loan portfolio includes a substantial amount of commercial and industrial loans, which carry higher financial and credit risks compared to residential loans[106]. - The provision for credit losses is determined based on management's evaluation of the loan portfolio, and increases in the allowance for credit losses can negatively impact earnings[136]. Deposits and Liquidity - Uninsured deposits, including related interest accrued and unpaid, were estimated at $245.8 million as of December 31, 2024, up from $203.9 million in 2023[96]. - The estimated contractual maturities of time deposits exceeding the FDIC insurance limit of $250,000 included $15.9 million maturing within 3 months[97]. - LCNB faces liquidity risk, which could impair its ability to fund operations and capitalize on growth opportunities due to potential difficulties in liquidating assets or obtaining financing[109]. Market and Economic Conditions - The company faces risks related to economic conditions, including potential deterioration in credit quality and increased charge-offs due to economic downturns[100]. - Economic conditions in LCNB's market areas, primarily in Southwestern Ohio, could adversely affect its financial condition, increasing the risk of loan defaults and impacting demand for loans and services[134]. - Economic conditions, including inflation and unemployment, could negatively impact LCNB's financial condition and earnings, particularly affecting loan demand and repayment capabilities[100][101]. - LCNB's earnings are significantly affected by market interest rates, with fluctuations potentially impacting net interest income, a primary source of operational income[125]. - LCNB's future success is dependent on effectively adopting new technology-driven products and services to meet customer demands and improve operational efficiencies[148]. Investment and Securities - The company reported a total of $282.6 million in available-for-sale securities with a weighted average yield of 2.37%[92]. - The fair value of LCNB's investment securities portfolio, primarily available-for-sale, may decline due to factors such as interest rate changes and market volatility, impacting shareholders' equity[138]. - LCNB's investments in equity securities are recorded at fair value, meaning declines will immediately decrease net income[140]. - Municipal securities in LCNB's portfolio may experience value declines due to the financial deterioration of issuers, potentially leading to impairment charges[139]. Regulatory and Compliance Risks - The banking industry is highly regulated, with LCNB subject to oversight by multiple regulatory bodies, which could affect its operations[143]. - Changes in tax laws and accounting standards could materially affect LCNB's operations and reported financial condition[141]. - FDIC deposit insurance assessments increased by two basis points starting in 2023, with potential for further rate increases in the future[147]. Competition and Market Position - LCNB's Wealth Management business is subject to intense competition and is directly affected by conditions in the debt and equity securities markets, which are influenced by factors beyond the company's control[118]. - LCNB's ability to attract and retain customers in a competitive market is crucial for its growth and profitability, as it competes with various financial institutions and non-bank entities[133]. - The emergence of non-bank alternatives may lead to customer disintermediation, resulting in loss of fee income and deposits[149]. Operational Risks - LCNB's reliance on electronic communications and information systems poses risks of interruptions or cyberattacks, which could disrupt operations and impact financial results[113]. - Failure to adopt new technologies may result in customer dissatisfaction, impacting LCNB's growth and revenue[148]. - Climate change poses multi-faceted risks, including operational, credit, and reputational risks, which could significantly impact LCNB's business[150]. - Natural disasters and external events could affect LCNB's deposit stability, borrowers' repayment ability, and overall operational capacity[151]. - Outbreaks of communicable diseases may lead to significant market volatility, business disruptions, and adverse effects on LCNB's financial condition and operations[152].

分组1 - LCNB reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.30 per share, and showing an increase from $0.34 per share a year ago, resulting in an earnings surprise of 46.67% [1] - The company achieved revenues of $22.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.62%, compared to $19.27 million in the same quarter last year [2] - Over the last four quarters, LCNB has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] 分组2 - The stock has gained approximately 1.6% since the beginning of the year, while the S&P 500 has increased by 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.39 on revenues of $22.2 million, and for the current fiscal year, it is $1.75 on revenues of $92.7 million [7] - The Zacks Industry Rank for Banks - Northeast is in the top 6% of over 250 Zacks industries, indicating strong performance potential [8]

Interest Income and Net Interest Income - Interest income for the three months ended December 31, 2024, was $26,894,000, an increase from $23,310,000 for the same period in 2023, representing a growth of 15.8%[2] - Net interest income after provision for credit losses for the twelve months ended December 31, 2024, was $58,833,000, compared to $54,272,000 for the previous year, reflecting an increase of 8.5%[2] - Net interest income for the year ended December 31, 2024, was $60,956 thousand, with a net interest margin of 2.91%[9] - Net interest income for the twelve months ended December 31, 2024, was $60,795 thousand, compared to $56,349 thousand in 2023, reflecting an increase of 7.03%[14] Non-Interest Income - Non-interest income for the three months ended December 31, 2024, was $5,988,000, up from $4,606,000 in the same quarter of 2023, indicating a growth of 30.0%[2] - Non-interest income for the twelve months ended December 31, 2024, reached $20,404 thousand, up from $15,411 thousand in 2023, a growth of 32.51%[14] Credit Losses and Provisions - The provision for credit losses for the three months ended December 31, 2024, was $649,000, compared to $2,218,000 for the same period in 2023, showing a decrease of 70.8%[2] - The provision for credit losses decreased to $1,962 thousand in 2024 from $2,077 thousand in 2023, a reduction of 5.54%[14] - The allowance for credit losses was $11,263 thousand in 2024, up from $8,046 thousand in 2023, reflecting a potential increase in credit risk[9] Net Income and Earnings - The net income for the twelve months ended December 31, 2024, was $13,492,000, an increase from $12,628,000 in 2023, representing a growth of 6.8%[2] - Net income for the twelve months ended December 31, 2024, was $13,492 thousand, compared to $12,628 thousand in 2023, an increase of 6.84%[14] - Basic earnings per share improved to $0.97 in 2024 from $1.10 in 2023, a decrease of 11.82%[14] Efficiency and Ratios - The return on average assets for the three months ended December 31, 2024, was 1.04%, up from 0.15% in the same quarter of 2023[3] - The return on average equity for the three months ended December 31, 2024, was 9.60%, compared to 1.53% for the same period in 2023[3] - The efficiency ratio (tax equivalent) improved to 64.16% for the three months ended December 31, 2024, from 92.19% in the same quarter of 2023[3] - The equity to assets ratio improved to 10.97% from 10.79% in the previous quarter[4] - The adjusted return on average equity for the quarter was 9.68%, compared to 7.60% in the previous quarter[6] Assets and Deposits - Total assets as of December 31, 2024, were $2,307,394 million, a decrease from $2,346,908 million in the previous quarter[6] - Total assets increased to $2,332,087 thousand in 2024 from $2,182,477 thousand in 2023, representing a growth of 6.86%[7] - Total assets increased to $2,307,394 thousand in 2024 from $2,291,592 thousand in 2023, representing a growth of 0.69%[12] - Total deposits decreased to $1,878,292 million from $1,917,005 million in the previous quarter[6] - Total deposits rose to $1,878,292 thousand in 2024, up from $1,824,389 thousand in 2023, an increase of 2.96%[12] Loans and Charge-Offs - The provision for credit losses on loans for the quarter was $728 million, up from $681 million in the prior quarter[4] - Net charge-offs for the quarter were $595 million, compared to $84 million in the previous quarter[5] - Nonperforming loans totaled $4,618 million, up from $3,284 million in the previous quarter[5] - Average loans outstanding rose to $1,765,672 thousand in 2024, with an average yield of 5.46%, compared to $1,467,981 thousand and 4.90% in 2023, indicating a significant increase in both volume and yield[9] - The loans to deposits ratio increased to 91.67% from 89.67% in the previous quarter[4] Expenses and Goodwill - Total non-interest expense for the twelve months ended December 31, 2024, was $63,276 thousand, compared to $54,423 thousand in 2023, an increase of 16.24%[14] - Goodwill increased to $90,310 thousand in 2024 from $79,509 thousand in 2023, reflecting a growth of 13.00%[12]