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Stock impact report

LCNB Corp. Reports Financial Results for the Three Months Ended March 31, 2024

LCNB Corporation (LCNB) 
Last lcnb corporation earnings: 4/20 06:23 pm Check Earnings Report
US:NASDAQ Investor Relations: lcnb.com/investor-relations
Company Research Source: Business Wire
Non-interest income increased 9.7% year-over-year to $3.9 millionStrengthening balance sheet as cash and cash equivalents grew by 3.4% and debt and equity securities decreased by 6.5%Asset quality remains excellent with total nonperforming loans to total loans of 0.20% at March 31, 2024LCNB successfully completed the Eagle Financial Bancorp, Inc. acquisition on April 12, 2024Management expects earnings growth will reaccelerate in the fourth quarter of 2024 LEBANON, Ohio--(BUSINESS WIRE)--LCNB Corp. ("LCNB") (NASDAQ: LCNB) today announced financial results for the three months ended March 31, 2024.Commenting on the financial results, LCNB President and Chief Executive Officer, Eric Meilstrup said, “Our first quarter performance reflects our near-term focus on integrating the November 2023 Cincinnati Federal acquisition and completing the merger with Eagle Financial Bancorp, Inc. (“EFBI” or “Eagle”), which I am pleased to report closed on April 12, 2024. I am excited by the opportuni Show less Read more
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