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Stock impact report

LCNB Corp (LCNB) Reports Mixed Financial Outcomes Amidst Strategic Acquisitions [Yahoo! Finance]

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: Yahoo! Finance
Adjusted Net Income : Adjusted for one-time items, net income for Q4 stood at $4,241,000, showcasing underlying profitability. Annual Dividend Increase : Despite a challenging year, LCNB increased its annual dividend by 4.9% to $0.85 per share. Asset Growth : Total assets grew by 19.4% year-over-year to a record $2.29 billion, driven by organic growth and acquisitions. Robust Asset Quality : Nonperforming loans represented only 0.01% of total loans as of December 31, 2023. Acquisition Strategy : The successful acquisition of Cincinnati Bancorp and the pending acquisition of Eagle Financial Bancorp are expected to enhance market presence. Warning! GuruFocus has detected 5 Warning Signs with LCNB. On January 31, 2024, LCNB Corp ( NASDAQ:LCNB ) released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. The company, which operates within the financial sector in the United States and is the holding company of LCNB Na Show less Read more
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