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LCNB ( (LCNB) ) has provided an update.
LCNB Corp. reported significant financial growth for the year ending December 31, 2024, with net income for Q4 increasing by 41.9% compared to the previous year. This growth is attributed to successful acquisitions and strategic balance sheet optimizations. The company’s asset quality remained strong, with non-performing assets at 0.20%, and an increase in wealth management assets and fiduciary income was noted. LCNB’s expansion through its acquisitions and balance sheet improvements positions it for continued growth in 2025.
More about LCNB
LCNB Corp. operates in the banking industry, primarily offering financial services through its subsidiary LCNB National Bank. The company focuses on providing comprehensive banking solutions, including wealth management, lending, and other financial services, mainly in Ohio.
YTD Price Performance: 2.88%
Average Trading Volume: 22,618
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $214.5M
For detailed information about LCNB stock, go to TipRanks’ Stock Analysis page.
