Stocktoria

LCNB CORP LCNB

Nasdaq · stock · National Commercial Banks · website · IPO 1994-03-14

LCNB CORP statistics & valuation

Market cap$263.8M
P / E11.4×
P / B1.0×
P / FCF7.9×
Dividend yield4.73%
Return on equity8.4%
Net debt$82.8M
Enterprise value USD$346.7M
Graham number +35.1%$26.60

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($26.60); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
8.70% 8.60% 6.80% 8.30% 8.30% 8.80% 11.00% 5.40% 5.30% 8.40% 2016201720182019202020212022202320242025
Shares outstanding
10.0M 10.0M 11.9M 13.1M 12.9M 12.6M 11.4M 13.2M 14.1M 14.2M 2016201720182019202020212022202320242025
Net debt ($)
-$8.1M -$3.6M $73.4M $119.4M $82.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.00% 1.00% 0.90% 1.20% 1.10% 1.10% 1.20% 0.60% 0.60% 1.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.04× 0.10× 0.48× 0.61× 0.38× 2016201720182019202020212022202320242025
EPS ($)
$1.25 $1.29 $1.24 $1.44 $1.55 $1.66 $1.93 $1.10 $0.97 $1.63 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LCNB CORP trades at about 12.1× earnings — near its 10-year norm (10-year range 9.5×–18×, median 13.3×).

9.5× 18×

Shaded band = 10-year range (9.5×–18×); dot = today's 12.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.0%0.6%0.6%1.2%1.1%1.1%1.2%0.9%1.0%1.0%
Return on equity8.4%5.3%5.4%11.0%8.8%8.3%8.3%6.8%8.6%8.7%
Debt / equity0.38×0.61×0.48×0.10×0.04×—————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.