LCNB (NASDAQ:LCNB - Get Free Report) issued its quarterly earnings data on Tuesday. The bank reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06), Zacks reports. LCNB had a return on equity of 7.12% and a net margin of 10.76%.
LCNB Price Performance
LCNB traded up $0.53 on Tuesday, reaching $14.50. The stock had a trading volume of 14,478 shares, compared to its average volume of 22,826. The company has a market capitalization of $205.42 million, a price-to-earnings ratio of 14.95 and a beta of 0.68. The firm has a 50-day moving average of $14.65 and a 200-day moving average of $15.40. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.61. LCNB has a fifty-two week low of $12.42 and a fifty-two week high of $17.92.
LCNB Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 6.07%. LCNB's dividend payout ratio (DPR) is presently 90.72%.
Analysts Set New Price Targets
Separately, StockNews.com cut LCNB from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th.
Read Our Latest Analysis on LCNB
LCNB Company Profile
(
Get Free Report)
LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, as well as individual retirement accounts and time certificates. The company's loan products comprise commercial and industrial, commercial and residential real estate, agricultural, construction, and small business administration loans; and residential mortgage loans that consists of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages.
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