LCNB Q4 net loss $293K on merger costs; adjusted EPS $0.34; full-year EPS $1.10

LCNB CORP

2023-FY EPS reported $1.10

Q4 2023 net loss of $293K ($0.02 loss per share) vs net income of $6.4M ($0.57) in Q4 2022.
Adjusted Q4 net income of $4.2M ($0.34 per diluted share) vs $6.4M ($0.57) a year ago.
Full-year 2023 net income $12.6M ($1.10) vs $22.1M ($1.93); adjusted $17.8M ($1.56).
Net interest margin (tax-equivalent) fell to 2.99% in Q4 from 3.77% a year ago; record annual non-interest income $15.4M (+7.9%).
Completed Cincinnati Bancorp acquisition Nov 1; Eagle Financial deal expected Q2 2024; quarterly dividend raised 4.8% to $0.22.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LCNB CORP reported the three and twelve months ended December 31, 2023 results: net income net loss of $293,000, EPS net loss per basic and diluted share for the 2023 fourth quarter of $0.02.

Period: the three and twelve months ended December 31, 2023
Net income: net loss of $293,000
EPS: net loss per basic and diluted share for the 2023 fourth quarter of $0.02
Result: reported results

Exact text from the filing

On January 31, 2024, LCNB Corp. issued an earnings release announcing its financial results for the three and twelve months ended December 31, 2023.

View on SEC.gov

Browse all earnings releases →

LCNB CORP filing history →

Source: SEC EDGAR

accession 0001074902-24-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.