earnings
confidence high
sentiment positive
materiality 0.75
LCNB Q3 EPS rises 25.6% to $0.49, a record; NPLs drop to 0.03% of loans
LCNB CORP
2022-Q3 EPS reported
$1.36
- Q3 net income $5.579M (+15.8% YoY); EPS $0.49 vs $0.39; record quarterly EPS.
- Nonperforming loans fell to $465K (0.03% of loans) vs $2.642M (0.20%) a year ago.
- ROATCE improved to 15.30% from 10.62% YoY; net interest margin 3.54% vs 3.32%.
- YTD repurchased 1.17M shares for $23M (9.4% of outstanding); dividend raised to $0.20/share.
- Net loan growth 2.8% YoY; total deposits up 3.4%; total assets $1.90B.