LCNB Corp. (LCNB) is a financial holding company. The Company's subsidiary includes LCNB National Bank (the Bank). The Bank offers commercial and personal banking services. Its services include safe deposit boxes, night depositories, cashier's checks, utility bill collections, notary public service, mobile banking and other services tailored for both individuals and businesses. Its loan products include commercial and industrial loans, commercial and residential real estate loans, various types of consumer loans and small business administration loans. Its investment portfolio includes securities available-for-sale, such as the United States Treasury notes, the United States Agency notes, Certificates of deposit, and Equity securities. Its deposit services include checking accounts, negotiable order of withdrawal accounts, savings accounts, money market deposit accounts, lifetime checking accounts, individual retirement accounts and certificates of deposit.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:LCNB
- CUSIP: N/A
- Web: www.lcnb.com
- Market Cap: $186.15 million
- Outstanding Shares: 10,008,000
- 50 Day Moving Avg: $19.84
- 200 Day Moving Avg: $21.23
- 52 Week Range: $16.55 - $25.00
Sales & Book Value:
- Trailing P/E Ratio: 14.53
- Foreward P/E Ratio: 14.09
- P/E Growth: 10.29
- Annual Revenue: $50.43 million
- Price / Sales: 3.69
- Book Value: $14.77 per share
- Price / Book: 1.26
- Annual Dividend: $0.64
- Dividend Yield: 3.5%
- Net Margins: 23.44%
- Return on Equity: 8.78%
- Return on Assets: 0.97%
- Current Ratio: 0.72%
- Quick Ratio: 0.72%
- Average Volume: 12,595 shs.
- Beta: 0.35
- Short Ratio: 4.31
Frequently Asked Questions for LCNB Corporation (NASDAQ:LCNB)
What is LCNB Corporation's stock symbol?
LCNB Corporation trades on the NASDAQ under the ticker symbol "LCNB."
How often does LCNB Corporation pay dividends? What is the dividend yield for LCNB Corporation?
LCNB Corporation declared a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 1st will be given a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Wednesday, August 30th. View LCNB Corporation's Dividend History.
How were LCNB Corporation's earnings last quarter?
LCNB Corporation (NASDAQ:LCNB) issued its quarterly earnings data on Tuesday, July, 18th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.01. The company had revenue of $12.86 million for the quarter, compared to the consensus estimate of $12.77 million. LCNB Corporation had a return on equity of 8.78% and a net margin of 23.44%. View LCNB Corporation's Earnings History.
When will LCNB Corporation make its next earnings announcement?
Where is LCNB Corporation's stock going? Where will LCNB Corporation's stock price be in 2017?
2 analysts have issued 12 month price targets for LCNB Corporation's stock. Their predictions range from $24.00 to $24.00. On average, they expect LCNB Corporation's stock price to reach $24.00 in the next year. View Analyst Ratings for LCNB Corporation.
What are analysts saying about LCNB Corporation stock?
Here are some recent quotes from research analysts about LCNB Corporation stock:
- 1. According to Zacks Investment Research, "LCNB Corp. is a financial holding company. The Company, through its subsidiaries, LCNB National Bank and Dakin Insurance Agency, Inc., is engaged in the commercial banking and insurance agency businesses. Headquartered in Lebanon, Ohio, the Bank is a full service community bank offering a range of commercial and personal banking services. In addition, the company provides safe deposit boxes, night depositories, U.S. savings bonds, travelers' checks, money orders, cashier's checks, bank-by-mail, automated teller machines (ATMs), cash and transaction services, debit cards, wire transfers, electronic funds transfer, utility bill collections, notary public services, personal computer based cash management services, telephone banking, and Internet banking services for individuals and businesses. Further, LCNB, through its subsidiary, Dakin Insurance Agency, Inc., engages in insurance agency businesses. It involves in the sale and servicing of personal and commercial insurance products, and annuity products. " (6/21/2017)
- 2. FBR & Co analysts commented, "We reiterate our Market Perform rating and $24 price target, equal to 18.5x our 2018 EPS estimate, on LCNB Corp. following 1Q17 results. Like many banks, loan growth proved elusive this quarter, although without growth there was no need to provision, and lower credit costs benefited earnings. The company noted building pipelines headed into 2Q17 and is hopeful that it will be able to generate full-year loan growth in excess of last year’s 6%. We view LCNB as a high-quality franchise with clean credit and a nice dividend, but we remain on the sidelines until we see more robust growth or a pullback in valuation." (4/20/2017)
Who are some of LCNB Corporation's key competitors?
Some companies that are related to LCNB Corporation include Old Second Bancorp (OSBC), Macatawa Bank Corporation (MCBC), Guaranty Bancshares (GNTY), Western New England Bancorp (WNEB), Summit Financial Group (SMMF), Southern First Bancshares (SFST), MutualFirst Financial (MFSF), Charter Financial Corp. (CHFN), Central Valley Community Bancorp (CVCY), Orrstown Financial Services (ORRF), Civista Bancshares (CIVB), Capstar Financial Holdings (CSTR), Investar Holding Corporation (ISTR), Northrim BanCorp (NRIM), First Business Financial Services (FBIZ), Two River Bancorp (TRCB), 1st Constitution Bancorp (NJ) (FCCY) and First Community Corporation (FCCO).
Who are LCNB Corporation's key executives?
LCNB Corporation's management team includes the folowing people:
- Steve P. Foster, President, Chief Executive Officer, Director
- Robert C. Haines II, Chief Financial Officer, Executive Vice President
- Bradley A. Ruppert, Executive Vice President, Chief Investment Officer
- Matthew Palmer Layer, Executive Vice President
- Eric J. Meilstrup, Executive Vice President, Cashier
- Anne E. Krehbiel, Secretary, Independent Director
- George L. Leasure, Assistant Secretary, Independent Director
- William H. Kaufman, Director
- Rick L. Blossom, Independent Director
- Spencer S. Cropper, Independent Director
Who owns LCNB Corporation stock?
LCNB Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (5.35%), Kennedy Capital Management Inc. (4.08%), Vanguard Group Inc. (3.41%), State Street Corp (1.59%), Goldman Sachs Group Inc. (1.28%) and American Financial Group Inc. (1.09%). Company insiders that own LCNB Corporation stock include Eric J Meilstrup, Leroy F Mckay, Michael Robert Miller, Robert C Haines II and Stephen P Wilson. View Institutional Ownership Trends for LCNB Corporation.
Who sold LCNB Corporation stock? Who is selling LCNB Corporation stock?
LCNB Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Kennedy Capital Management Inc., Martingale Asset Management L P, California State Teachers Retirement System, The Manufacturers Life Insurance Company , Wells Fargo & Company MN, Russell Investments Group Ltd. and New York State Common Retirement Fund. Company insiders that have sold LCNB Corporation stock in the last year include Eric J Meilstrup, Leroy F Mckay, Robert C Haines II and Stephen P Wilson. View Insider Buying and Selling for LCNB Corporation.
Who bought LCNB Corporation stock? Who is buying LCNB Corporation stock?
LCNB Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, State Street Corp, Northern Trust Corp, Cornerstone Capital Management Holdings LLC., Ameriprise Financial Inc. and TIAA CREF Investment Management LLC. View Insider Buying and Selling for LCNB Corporation.
How do I buy LCNB Corporation stock?
Shares of LCNB Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is LCNB Corporation's stock price today?
MarketBeat Community Rating for LCNB Corporation (NASDAQ LCNB)MarketBeat's community ratings are surveys of what our community members think about LCNB Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of LCNB Corporation stock can currently be purchased for approximately $18.60.
Consensus Ratings for LCNB Corporation (NASDAQ:LCNB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$24.00 (29.03% upside)|
Analysts' Ratings History for LCNB Corporation (NASDAQ:LCNB)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/19/2017||Boenning Scattergood||Reiterated Rating||Hold||Low|
|4/20/2017||FBR & Co||Reiterated Rating||Hold||$24.00||Low|
Earnings History for LCNB Corporation (NASDAQ:LCNB)Earnings History by Quarter for LCNB Corporation (NASDAQ LCNB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017||Q2 2017||$0.31||$0.30||$12.77 million||$12.86 million||View||N/A|
|4/19/2017||Q1 2017||$0.29||$0.33||$12.72 million||$12.42 million||View||N/A|
|1/27/2017||Q4 2016||$0.29||$0.37||$12.74 million||$12.95 million||View||N/A|
|10/19/2016||Q316||$0.32||$0.29||$12.96 million||$12.86 million||View||N/A|
|7/19/2016||Q216||$0.28||$0.29||$12.33 million||$12.88 million||View||N/A|
|4/19/2016||Q116||$0.26||$0.30||$12.15 million||$12.41 million||View||N/A|
|1/28/2016||Q4 2015||$0.28||$0.29||$11.97 million||$12.51 million||View||N/A|
|10/20/2015||Q315||$0.32||$0.26||$12.67 million||$11.88 million||View||N/A|
|7/24/2015||Q215||$0.30||$0.32||$12.16 million||$13.43 million||View||N/A|
|4/21/2015||Q115||$0.28||$0.30||$11.10 million||$11.60 million||View||N/A|
|1/30/2015||Q414||$0.29||$0.34||$11.10 million||$11.97 million||View||N/A|
|10/22/2014||Q3 2014||$0.29||$0.29||$11.23 million||$11.31 million||View||N/A|
|7/21/2014||Q2 2014||$0.28||$0.28||$11.17 million||$11.31 million||View||N/A|
|4/25/2014||Q1 2014||$0.27||$0.14||$11.26 million||$10.44 million||View||N/A|
Earnings Estimates for LCNB Corporation (NASDAQ:LCNB)
2017 EPS Consensus Estimate: $1.24
2018 EPS Consensus Estimate: $1.31
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for LCNB Corporation (NASDAQ:LCNB)
|Payout Ratio:||50.00% (Trailing 12 Months of Earnings) |
50.39% (Based on This Year's Estimates)
48.48% (Based on Next Year's Estimates)
Dividend History by Quarter for LCNB Corporation (NASDAQ LCNB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for LCNB Corporation (NASDAQ:LCNB)
Insider Ownership Percentage: 4.16%Insider Trades by Quarter for LCNB Corporation (NASDAQ:LCNB)
Institutional Ownership Percentage: 38.36%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/17/2017||Michael Robert Miller||Insider||Buy||500||$18.70||$9,350.00|| |
|5/24/2017||Stephen P Wilson||Chairman||Sell||15,333||$19.90||$305,126.70|| |
|5/23/2017||Stephen P Wilson||Chairman||Sell||3,932||$20.00||$78,640.00|| |
|2/28/2017||Leroy F Mckay||Insider||Sell||500||$22.39||$11,195.00|| |
|2/27/2017||Robert C Haines II||CFO||Sell||275||$22.10||$6,077.50|| |
|8/29/2016||Eric J Meilstrup||EVP||Sell||9,825||$17.55||$172,428.75|| |
|7/25/2016||Leroy F Mckay||Insider||Sell||7,282||$17.14||$124,813.48|| |
|7/25/2016||Robert C Haines II||CFO||Sell||6,723||$17.29||$116,240.67|| |
|7/25/2016||Stephen P Wilson||Chairman||Sell||27,560||$17.11||$471,551.60|| |
|7/26/2013||Matthew Palmer Layer||EVP||Sell||2,220||$21.00||$46,620.00|| |
Headline Trends for LCNB Corporation (NASDAQ:LCNB)
Latest Headlines for LCNB Corporation (NASDAQ:LCNB)
|Zacks: Analysts Expect LCNB Corporation (LCNB) Will Announce Quarterly Sales of $13.01 Million|
www.americanbankingnews.com - August 20 at 3:54 AM
|LCNB Corporation (NASDAQ:LCNB) Declares Quarterly Dividend of $0.16|
www.americanbankingnews.com - August 10 at 5:32 PM
|LCNB Corp. Declares Third Quarter Dividend|
finance.yahoo.com - August 10 at 1:29 AM
|Contrasting LCNB Corporation (LCNB) & QCR Holdings (QCRH)|
www.americanbankingnews.com - August 6 at 10:18 PM
|$13.01 Million in Sales Expected for LCNB Corporation (LCNB) This Quarter|
www.americanbankingnews.com - August 2 at 8:32 AM
|$0.31 EPS Expected for LCNB Corporation (NASDAQ:LCNB) This Quarter|
www.americanbankingnews.com - July 31 at 9:41 AM
|LCNB Corporation's (NASDAQ:LCNB) Hold Rating Reaffirmed at Boenning Scattergood|
www.americanbankingnews.com - July 23 at 3:49 PM
|Equities Analysts Offer Predictions for LCNB Corporation's Q4 2017 Earnings (NASDAQ:LCNB)|
www.americanbankingnews.com - July 21 at 1:16 PM
|Critical Analysis: LCNB Corporation (NASDAQ:LCNB) & Hancock Holding (HBHC)|
www.americanbankingnews.com - July 19 at 8:40 PM
|LCNB Corporation (NASDAQ:LCNB) Issues Earnings Results|
www.americanbankingnews.com - July 19 at 8:59 AM
|LCNB Corp. Reports Financial Results for the Three and Six Months Ended June 30, 2017|
www.businesswire.com - July 18 at 9:35 PM
|LCNB Corporation (NASDAQ:LCNB) Set to Announce Quarterly Earnings on Monday|
www.americanbankingnews.com - July 13 at 8:35 PM
|$12.77 Million in Sales Expected for LCNB Corporation (LCNB) This Quarter|
www.americanbankingnews.com - July 9 at 10:24 AM
|Five things you need to know today, and here's to the true patriots|
www.bizjournals.com - July 4 at 12:54 AM
|Which public CEOs delivered the best bang for the buck?|
www.bizjournals.com - June 30 at 1:01 AM
|Zacks: Brokerages Anticipate LCNB Corporation (LCNB) Will Announce Quarterly Sales of $12.77 Million|
www.americanbankingnews.com - June 15 at 12:52 PM
| Analysts Expect LCNB Corporation (LCNB) to Announce $0.31 Earnings Per Share|
www.americanbankingnews.com - June 13 at 8:17 AM
|LCNB Corp. :LCNB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017|
finance.yahoo.com - June 12 at 3:28 PM
|Zacks Investment Research Downgrades LCNB Corp. (LCNB) to Hold|
www.americanbankingnews.com - June 10 at 7:28 AM
|LCNB Corp. (LCNB) Upgraded at ValuEngine|
www.americanbankingnews.com - June 4 at 9:20 AM
|LCNB Corp. : LCNB-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017|
finance.yahoo.com - May 31 at 6:39 PM
|LCNB Corp. (LCNB) Chairman Stephen P. Wilson Sells 15,333 Shares|
www.americanbankingnews.com - May 26 at 1:34 PM
|Stephen P. Wilson Sells 3,932 Shares of LCNB Corp. (LCNB) Stock|
www.americanbankingnews.com - May 24 at 1:22 PM
|$12.77 Million in Sales Expected for LCNB Corp. (LCNB) This Quarter|
www.americanbankingnews.com - May 21 at 11:42 AM
|Zacks: Analysts Expect LCNB Corp. (LCNB) to Announce $0.31 EPS|
www.americanbankingnews.com - May 16 at 2:16 PM
|LCNB Corp. (LCNB) Earning Somewhat Favorable Press Coverage, Analysis Shows|
www.americanbankingnews.com - May 12 at 12:56 AM
|Somewhat Positive News Coverage Unlikely to Impact LCNB Corp. (LCNB) Stock Price|
www.americanbankingnews.com - May 4 at 1:23 AM
|LCNB Corp. (LCNB) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - May 2 at 12:40 AM
|LCNB Corp. (LCNB) Given Media Sentiment Rating of 0.04|
www.americanbankingnews.com - April 30 at 4:11 PM
|LCNB Corp. (LCNB) Earns Coverage Optimism Rating of 0.04|
www.americanbankingnews.com - April 27 at 10:00 PM
|LCNB Corp. (LCNB) Declares $0.16 Quarterly Dividend|
www.americanbankingnews.com - April 27 at 8:16 PM
|LCNB Corp. Declares Second Quarter Dividend|
finance.yahoo.com - April 26 at 7:05 PM
|LCNB Corp. (LCNB) Earns Hold Rating from FBR & Co|
www.americanbankingnews.com - April 26 at 8:21 AM
|LCNB Corp. (LCNB) Expected to Announce Earnings of $0.31 Per Share|
www.americanbankingnews.com - April 25 at 10:10 PM
|LCNB Corp. (LCNB) Earning Somewhat Critical Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 24 at 1:58 PM
|LCNB Corp. (LCNB) Forecasted to Earn Q3 2017 Earnings of $0.32 Per Share|
www.americanbankingnews.com - April 24 at 8:36 AM
|LCNB Corp. (LCNB) Given Daily News Impact Rating of 0.38|
www.americanbankingnews.com - April 21 at 10:24 PM
|LCNB Corp. (LCNB) Rating Reiterated by FBR & Co|
www.americanbankingnews.com - April 20 at 4:48 PM
|Q3 2017 Earnings Estimate for LCNB Corp. Issued By Boenning Scattergood (LCNB)|
www.americanbankingnews.com - April 20 at 12:02 PM
|BRIEF-LCNB reports quarterly earnings per share $0.32|
www.reuters.com - April 19 at 11:22 PM
|LCNB Corp. Reports Financial Results for the Three Months Ended March 31, 2017|
finance.yahoo.com - April 19 at 6:21 PM
|LCNB posts 1Q profit|
finance.yahoo.com - April 19 at 6:21 PM
| LCNB Corp. (LCNB) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - April 18 at 10:22 PM
|LCNB Corp. (LCNB) to Release Earnings on Monday|
www.americanbankingnews.com - April 14 at 9:27 PM
|LCNB National Bank Hires New Executive Vice President and Trust Department Head, Mike Miller|
finance.yahoo.com - April 11 at 6:00 PM
|Short Interest in LCNB Corp. (LCNB) Grows By 1.6%|
www.americanbankingnews.com - April 10 at 3:20 PM
|Dayton-area banking executive passes away|
www.bizjournals.com - March 22 at 6:26 PM
|LCNB CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure|
biz.yahoo.com - March 21 at 6:12 PM
|LCNB CORP Financials|
finance.yahoo.com - March 14 at 5:26 PM
|Here are LCNB's 5 highest-paid executives|
www.bizjournals.com - March 13 at 10:37 AM
LCNB Corporation (LCNB) Chart for Monday, August, 21, 2017