LCNB (LCNB) financial statements
LCNB reported revenue of $92M in fiscal 2025, up 6.8% a year over 9 years.
Net income was $23M.
Free cash flow was $33M, and the company returned $12M in dividends.
The diluted share count rose 41% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from LCNB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51M | $51M | $59M | $67M | $72M | $73M | $75M | $72M | $81M | $92M |
| Interest expense | $4M | $4M | $6M | $11M | $8M | $4M | $5M | $23M | — | — |
| Pre-tax income | $17M | $17M | $18M | $23M | $24M | $26M | $27M | $15M | $16M | $28M |
| Income tax | $4M | $4M | $3M | $4M | $4M | $5M | $5M | $3M | $2M | $5M |
| Net income | $12M | $13M | $15M | $19M | $20M | $21M | $22M | $13M | $13M | $23M |
| EPS (diluted) | $1.25 | $1.29 | $1.24 | $1.44 | $1.55 | $1.66 | $1.93 | $1.10 | $0.97 | $1.63 |
| Diluted shares | 10M | 10M | 12M | 13M | 13M | 13M | 11M | 11M | 14M | 14M |
| Net margin | 24.4% | 25.3% | 25.1% | 28.3% | 27.9% | 28.6% | 29.4% | 17.6% | 16.6% | 25.1% |
Balance sheet
Fiscal years, from LCNB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $19M | $25M | $20M | $21M | $32M | $18M | $23M | $40M | $36M | $22M |
| Property, plant and equipment | $30M | $35M | $33M | $35M | $35M | $35M | $33M | $36M | $41M | $39M |
| Goodwill | $30M | $30M | $59M | $59M | $59M | $59M | $59M | $80M | $90M | $90M |
| Total assets | $1.3B | $1.3B | $1.6B | $1.6B | $1.7B | $1.9B | $1.9B | $2.3B | $2.3B | $2.2B |
| Total liabilities | $1.2B | $1.1B | $1.4B | $1.4B | $1.5B | $1.7B | $1.7B | $2.1B | $2.1B | $2.0B |
| Shareholders' equity | $143M | $150M | $219M | $228M | $241M | $239M | $201M | $235M | $253M | $274M |
| Net debt | -$19M | -$25M | -$20M | -$21M | -$32M | -$18M | -$23M | -$40M | -$36M | -$22M |
Cash flow
Fiscal years, from LCNB's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $15M | $18M | $20M | $22M | $14M | $18M | $29M | $23M | $93M | $34M |
| Capital spending | $9M | $7M | $600,000 | $4M | $3M | $2M | $884,000 | $3M | $4M | $959,000 |
| Free cash flow | $6M | $12M | $19M | $18M | $11M | $16M | $28M | $21M | $89M | $33M |
| Dividends paid | $6M | $6M | $8M | $9M | $9M | $10M | $9M | $10M | $12M | $12M |
| Share buybacks (net) | $0 | $0 | -$348,000 | -$7M | -$2M | -$8M | -$24M | -$3M | — | — |
| Net borrowing | -$696,000 | $5M | -$8M | -$62M | -$19M | -$12M | $81M | $58M | -$68M | -$51M |
| Free cash flow margin | 11.8% | 22.4% | 32.3% | 27.0% | 15.1% | 21.6% | 36.9% | 28.9% | 110.1% | 36.3% |
| Dividends per share | $0.61 | $0.61 | $0.65 | $0.69 | $0.73 | $0.77 | $0.81 | $0.87 | $0.89 | $0.89 |
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Open LCNB in InvestinglyQuestions
What was LCNB's revenue in 2025?
$92M in fiscal 2025, from its 10-K filing.
How much free cash flow does LCNB generate?
$33M in fiscal 2025 (operating cash flow minus capital spending).
From LCNB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.